Newegg Commerce, Inc. (NEGG) — Analyst outlook / Analyst consensus target is. Based on 1 analyst ratings, the consensus is bullish — 1 Buy.
The consensus price target is $7.75 (low: $3.50, high: $11.99), representing a downside of 82.3% from the current price $43.87.
Analysts estimate Earnings Per Share (EPS) of $-2.00 and revenue of $1.56B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $-2.25 vs est $-2.00 (missed -12.5%). Analyst accuracy: 89%.
NEGG Stock — 12-Month Price Forecast
$7.75
▼ -82.33% Downside
Average Price Target
Based on 1 Wall Street analysts offering 12-month price targets for Newegg Commerce, Inc., the average price target is $7.75, with a high forecast of $11.99, and a low forecast of $3.50.
The average price target represents a -82.33% change from the last price of $43.87.
Highest Price Target
$11.99
Average Price Target
$7.75
Lowest Price Target
$3.50
NEGG Analyst Ratings
Buy
Based on 1 analysts giving stock ratings to Newegg Commerce, Inc. in the past 3 months
EPS Estimates — NEGG
89%
Analyst Accuracy
Accurate
1 year compared
Actual vs Estimate
2024
Actual –$2.25
vs Est –$2.00
▼ 11.1% off
Profitability Outlook
Company has been making losses in all recent fiscal years. Analysts expect losses to continue near-term.
Revenue Estimates — NEGG
74%
Analyst Accuracy
Fair
1 year compared
Actual vs Estimate
2024
Actual $1.236B
vs Est $1.556B
▼ 26.0% off
Revenue Trend
Analysts forecast significant revenue growth ahead.