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PetMed Express Analyst Ratings

PETSNASDAQ
Logo brought to you by Benzinga Data
$2.97
-0.01-0.34%
Last update: Dec 12, 9:29 AM
Consensus Rating1
Hold
Highest Price Target1
$3.50
Lowest Price Target1
$3.20
Consensus Price Target1
$3.35

PetMed Express Analyst Ratings and Price Targets | NASDAQ:PETS | Benzinga

PetMed Express Inc has a consensus price target of $3.35 based on the ratings of 2 analysts. The high is $3.5 issued by Lake Street on August 7, 2024. The low is $3.2 issued by Morgan Stanley on April 17, 2025. The 3 most-recent analyst ratings were released by Morgan Stanley, Lake Street, and Lake Street on April 17, 2025, August 7, 2024, and June 12, 2024, respectively. With an average price target of $4.57 between Morgan Stanley, Lake Street, and Lake Street, there's an implied 53.76% upside for PetMed Express Inc from these most-recent analyst ratings.

Analyst Rating and Forecast

12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Lake Street

1calculated from analyst ratings

Analyst Ratings for PetMed Express

Get Alert
Apr 17, 2025
7.74%
3.2
3.5
Previous
Underweight
Current
Underweight
Get Alert
Aug 7, 2024
17.85%
3.5
7
Previous
Buy
Current
Hold
Get Alert
Jun 12, 2024
135.69%
7
9
Previous
Buy
Current
Buy
Get Alert
Jun 12, 2024
17.85%
3.5
6.5
Previous
Underweight
Current
Underweight
Get Alert
Feb 9, 2024
203.03%
9
13
Previous
Buy
Current
Buy
Get Alert
Nov 16, 2023
118.86%
6.5
7
Previous
Underweight
Current
Underweight
Get Alert
Oct 31, 2023
135.69%
7
10
Previous
Underweight
Current
Underweight
Get Alert
Oct 19, 2023
236.7%
10
17
Previous
Underweight
Current
Underweight
Get Alert
Jul 27, 2023
472.39%
17
17
Previous
Underweight
Current
Underweight
Get Alert
May 25, 2023
573.4%
20
Previous
Initiates
Current
Buy
Get Alert
Mar 23, 2023
472.39%
17
18
Previous
Current
Underweight
Get Alert

FAQ

Q

What is the target price for PetMed Express (PETS) stock?

A

The latest price target for PetMed Express (NASDAQ:PETS) was reported by Morgan Stanley on April 17, 2025. The analyst firm set a price target for $3.20 expecting PETS to rise to within 12 months (a possible 7.74% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for PetMed Express (PETS)?

A

The latest analyst rating for PetMed Express (NASDAQ:PETS) was provided by Morgan Stanley, and PetMed Express maintained their underweight rating.

Q

When was the last upgrade for PetMed Express (PETS)?

A

There is no last upgrade for PetMed Express

Q

When was the last downgrade for PetMed Express (PETS)?

A

The last downgrade for PetMed Express Inc happened on August 7, 2024 when Lake Street changed their price target from $7 to $3.5 for PetMed Express Inc.

Q

When is the next analyst rating going to be posted or updated for PetMed Express (PETS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PetMed Express, 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 PetMed Express was filed on April 17, 2025 so you should expect the next rating to be made available sometime around April 17, 2026.

Q

Is the Analyst Rating PetMed Express (PETS) correct?

A

While ratings are subjective and will change, the latest PetMed Express (PETS) rating was a maintained with a price target of $3.50 to $3.20. The current price PetMed Express (PETS) is trading at is $2.97, which is out of the analyst’s predicted range.

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