Reed's
(OTCQX:REED)
$1.71
-1.53[-47.22%]
At close: Feb 16
$1.71
0[0.00%]
After Hours: 4:00PM EDT
Q4 2023 earnings were released today after the market close
Consensus Rating1
Hold
Highest Price Target1
$7.00
Lowest Price Target1
$7.00
Consensus Price Target1
$3.50

Reed's Stock (OTC:REED), Analyst Ratings, Price Targets, Predictions

Reed's Inc has a consensus price target of $3.5, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Roth MKM and Maxim Group on August 14, 2023 and November 14, 2022. With an average price target of $3.5 between Roth MKM and Maxim Group, there's an implied 104.68% upside for Reed's Inc from these 2 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Feb
0
0
0
0
0
Jan
0
0
0
0
0
Dec 23
0
0
0
0
0
Nov 23
0
0
0
0
0
Oct 23
0
0
0
0
0
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Roth MKM
Maxim Group

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Reed's

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
08/14/2023REEDBuy Now
Reed's
$1.71309.36%Roth MKM
Sean McGowan
$17 → $7MaintainsBuyGet Alert
11/14/2022REEDBuy Now
Reed's
$1.71Maxim Group
Anthony Vendetti
DowngradeBuy → HoldGet Alert

FAQ

Q

What is the target price for Reed's (REED)?

A

The latest price target for Reed's (OTCQX: REED) was reported by Roth MKM on August 14, 2023. The analyst firm set a price target for $7.00 expecting REED to rise to within 12 months (a possible 309.36% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Reed's (REED)?

A

The latest analyst rating for Reed's (OTCQX: REED) was provided by Roth MKM, and Reed's maintained their buy rating.

Q

When was the last upgrade for Reed's (REED)?

A

There is no last upgrade for Reed's.

Q

When was the last downgrade for Reed's (REED)?

A

The last downgrade for Reed's Inc happened on November 14, 2022 when Maxim Group changed their price target from N/A to N/A for Reed's Inc.

Q

When is the next analyst rating going to be posted or updated for Reed's (REED)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reed's, 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 Reed's was filed on August 14, 2023 so you should expect the next rating to be made available sometime around August 14, 2024.

Q

Is the Analyst Rating Reed's (REED) correct?

A

While ratings are subjective and will change, the latest Reed's (REED) rating was a maintained with a price target of $17.00 to $7.00. The current price Reed's (REED) is trading at is $1.71, which is out of the analyst’s predicted range.

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