| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 02/06/2023 | 78.57% | Noble Capital Markets | → $3.5 | Initiates Coverage On | → Outperform |
What is the target price for Newegg Commerce (NEGG)?
The latest price target for Newegg Commerce (NASDAQ: NEGG) was reported by Noble Capital Markets on February 6, 2023. The analyst firm set a price target for $3.50 expecting NEGG to rise to within 12 months (a possible 78.57% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Newegg Commerce (NEGG)?
The latest analyst rating for Newegg Commerce (NASDAQ: NEGG) was provided by Noble Capital Markets, and Newegg Commerce initiated their outperform rating.
When is the next analyst rating going to be posted or updated for Newegg Commerce (NEGG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newegg Commerce, 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 Newegg Commerce was filed on February 6, 2023 so you should expect the next rating to be made available sometime around February 6, 2024.
Is the Analyst Rating Newegg Commerce (NEGG) correct?
While ratings are subjective and will change, the latest Newegg Commerce (NEGG) rating was a initiated with a price target of $0.00 to $3.50. The current price Newegg Commerce (NEGG) is trading at is $1.96, which is within the analyst's predicted range.