Newegg Commerce Inc has a consensus price target of $3.5, established from looking at the 1 latest analyst ratings. The last 1 analyst ratings were released from Noble Capital Markets on February 6, 2023. With an average price target of $3.5 between Noble Capital Markets, there's an implied 359.20% upside for Newegg Commerce Inc from these 1 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/06/2023 | NEGG | Buy Now | Newegg Commerce | $0.76 | 359.2% | Noble Capital Markets | Michael Kupinski | → $3.5 | Initiates | → Outperform | Get Alert |
The latest price target for Newegg Commerce (NASDAQ: NEGG) was reported by Noble Capital Markets on February 6, 2023. The analyst firm set a price target for $3.50 expecting NEGG to rise to within 12 months (a possible 359.20% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Newegg Commerce (NASDAQ: NEGG) was provided by Noble Capital Markets, and Newegg Commerce initiated their outperform rating.
There is no last upgrade for Newegg Commerce.
There is no last downgrade for Newegg Commerce.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newegg Commerce, 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 Newegg Commerce was filed on February 6, 2023 so you should expect the next rating to be made available sometime around February 6, 2024.
While ratings are subjective and will change, the latest Newegg Commerce (NEGG) rating was a initiated with a price target of $0.00 to $3.50. The current price Newegg Commerce (NEGG) is trading at is $0.76, which is within the analyst’s predicted range.
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