The latest price target for Velocity Financial (NYSE:VEL) was reported by Wells Fargo on September 20, 2024. The analyst firm set a price target for $20.00 expecting VEL to rise to within 12 months (a possible 2.67% upside). 14 analyst firms have reported ratings in the last year.

The latest analyst rating for Velocity Financial (NYSE:VEL) was provided by Wells Fargo, and Velocity Financial downgraded their underweight rating.

There is no last upgrade for Velocity Financial

The last downgrade for Velocity Financial Inc happened on September 20, 2024 when Wells Fargo changed their price target from N/A to $20 for Velocity Financial Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Velocity Financial, 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 Velocity Financial was filed on September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.

While ratings are subjective and will change, the latest Velocity Financial (VEL) rating was a downgraded with a price target of $0.00 to $20.00. The current price Velocity Financial (VEL) is trading at is $19.48, which is within the analyst’s predicted range.