Smart Share Global Ltd has a consensus price target of $1.2 based on the ratings of 2 analysts. The high is $1.4 issued by Goldman Sachs on June 28, 2022. The low is $1 issued by Citigroup on April 10, 2024. The 3 most-recent analyst ratings were released by Citigroup, Goldman Sachs, and Citigroup on April 10, 2024, June 28, 2022, and June 21, 2022, respectively. With an average price target of $1.47 between Citigroup, Goldman Sachs, and Citigroup, there's an implied 33.33% upside for Smart Share Global Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
04/10/2024 | Buy Now | -9.09% | Citigroup | Vicky Wei44% | $1.1 → $1 | Maintains | Buy | Get Alert |
06/28/2022 | Buy Now | 27.27% | Goldman Sachs | Ronald Keung40% | $3.8 → $1.4 | Downgrade | Buy → Neutral | Get Alert |
06/21/2022 | Buy Now | 81.82% | Citigroup | Vicky Wei44% | $4.5 → $2 | Maintains | Buy | Get Alert |
The latest price target for Smart Share Global (NASDAQ:EM) was reported by Citigroup on April 10, 2024. The analyst firm set a price target for $1.00 expecting EM to fall to within 12 months (a possible -9.09% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Smart Share Global (NASDAQ:EM) was provided by Citigroup, and Smart Share Global maintained their buy rating.
There is no last upgrade for Smart Share Global
The last downgrade for Smart Share Global Ltd happened on June 28, 2022 when Goldman Sachs changed their price target from $3.8 to $1.4 for Smart Share Global Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Smart Share Global, 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 Smart Share Global was filed on April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.
While ratings are subjective and will change, the latest Smart Share Global (EM) rating was a maintained with a price target of $1.10 to $1.00. The current price Smart Share Global (EM) is trading at is $1.10, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.