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Accolade Inc has a consensus price target of $16.63 based on the ratings of 25 analysts. The high is $61 issued by Berenberg on September 30, 2021. The low is $5.5 issued by Barclays on June 28, 2024. The 3 most-recent analyst ratings were released by Guggenheim, Stifel, and Truist Securities on June 28, 2024, respectively. With an average price target of $7.67 between Guggenheim, Stifel, and Truist Securities, there's an implied 80.39% upside for Accolade Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Accolade (NASDAQ:ACCD) was reported by Guggenheim on June 28, 2024. The analyst firm set a price target for $6.00 expecting ACCD to rise to within 12 months (a possible 41.18% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Accolade (NASDAQ:ACCD) was provided by Guggenheim, and Accolade maintained their buy rating.
The last upgrade for Accolade Inc happened on May 24, 2023 when B of A Securities raised their price target to $16.5. B of A Securities previously had a neutral for Accolade Inc.
The last downgrade for Accolade Inc happened on February 9, 2023 when Jefferies changed their price target from N/A to $14 for Accolade Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Accolade, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Accolade was filed on June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.
While ratings are subjective and will change, the latest Accolade (ACCD) rating was a maintained with a price target of $13.00 to $6.00. The current price Accolade (ACCD) is trading at is $4.25, which is out of the analyst’s predicted range.
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