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Potbelly Corp has a consensus price target of $15.67 based on the ratings of 3 analysts. The high is $16 issued by Benchmark on August 12, 2024. The low is $15 issued by Lake Street on March 8, 2024. The 3 most-recent analyst ratings were released by Benchmark, Craig-Hallum, and Benchmark on August 12, 2024, August 9, 2024, and May 28, 2024, respectively. With an average price target of $16 between Benchmark, Craig-Hallum, and Benchmark, there's an implied 61.78% upside for Potbelly Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Potbelly (NASDAQ:PBPB) was reported by Benchmark on August 12, 2024. The analyst firm set a price target for $16.00 expecting PBPB to rise to within 12 months (a possible 61.78% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Potbelly (NASDAQ:PBPB) was provided by Benchmark, and Potbelly reiterated their buy rating.
The last upgrade for Potbelly Corp happened on January 12, 2024 when Benchmark raised their price target to $15. Benchmark previously had a hold for Potbelly Corp.
There is no last downgrade for Potbelly.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Potbelly, 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 Potbelly was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest Potbelly (PBPB) rating was a reiterated with a price target of $16.00 to $16.00. The current price Potbelly (PBPB) is trading at is $9.89, which is out of the analyst’s predicted range.
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