Interpublic Group of Companies (IPG) Stock Forecast, Price Target & Predictions
IPG Stock Forecast
Interpublic Group of Companies stock forecast is as follows: an average price target of $47.33 (represents a 66.77% upside from IPG’s last price of $28.38) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
IPG Price Target
The average price target for Interpublic Group of Companies (IPG) is $47.33 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $112.00 to $26.00. This represents a potential 66.77% upside from IPG's last price of $28.38.
IPG Analyst Ratings
According to 10 Wall Street analysts, Interpublic Group of Companies's rating consensus is 'Buy'. The analyst rating breakdown for IPG stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 2 'Hold' (20.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Interpublic Group of Companies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Steven Cahall | Wells Fargo | $26.00 | $29.78 | -12.69% | -8.39% |
| Jul 24, 2024 | Tim Nollen | Macquarie | $31.00 | $29.57 | 4.84% | 9.23% |
| Apr 25, 2024 | Steven Cahall | Wells Fargo | $31.00 | $31.40 | -1.27% | 9.23% |
| Jan 23, 2024 | Jason Bazinet | Citigroup | $112.00 | $32.11 | 248.80% | 294.64% |
| May 17, 2023 | Benjamin Swinburne | Morgan Stanley | $40.00 | $36.38 | 9.95% | 40.94% |
| Apr 04, 2023 | David Karnovsky | J.P. Morgan | $39.00 | $37.28 | 4.60% | 37.42% |
| Mar 20, 2023 | Jason Bazinet | Citigroup | $45.00 | $34.71 | 29.65% | 58.56% |
| Jan 05, 2023 | Joseph Feldman | Telsey Advisory | $36.00 | $34.70 | 3.75% | 26.85% |
| Jun 20, 2022 | Benjamin Swinburne | Morgan Stanley | $35.00 | $27.05 | 29.39% | 23.33% |
The latest Interpublic Group of Companies stock forecast, released on Oct 22, 2024 by Steven Cahall from Wells Fargo, set a price target of $26.00, which represents a -12.69% decrease from the stock price at the time of the forecast ($29.78), and a -8.39% decrease from IPG last price ($28.38).
Interpublic Group of Companies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $26.00 | $26.00 | $50.00 |
| Last Closing Price | $28.38 | $28.38 | $28.38 |
| Upside/Downside | -8.39% | -8.39% | 76.18% |
In the current month, the average price target of Interpublic Group of Companies stock is $26.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -8.39% decrease as opposed to Interpublic Group of Companies's last price of $28.38. This month's average price target is down 0.00% compared to last quarter, and down -48.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 23, 2024 | UBS | Underperform | Underperform | Hold |
| Oct 22, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Sep 30, 2024 | Exane BNP Paribas | - | Underperform | Downgrade |
| Sep 12, 2024 | UBS | - | Sell | Downgrade |
| Aug 20, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 24, 2024 | Macquarie | Neutral | Neutral | Hold |
| Jul 22, 2024 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| Apr 25, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 24, 2024 | Macquarie | Neutral | Neutral | Hold |
Interpublic Group of Companies's last stock rating was published by Wells Fargo on Oct 23, 2024. The company gave IPG a "Buy" rating, the same as its previous rate.
Interpublic Group of Companies Financial Forecast
Interpublic Group of Companies Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.68B | $2.67B | $2.52B | $2.99B | $2.64B | $2.74B | $2.57B | $2.93B | $2.54B | $2.51B | $2.26B | $2.55B | $2.13B | $2.03B | $2.36B | $2.90B | $2.44B |
| Avg Forecast | $2.65B | $2.31B | $2.36B | $2.21B | $2.59B | $2.46B | $2.55B | $2.38B | $2.54B | $2.30B | $2.33B | $2.18B | $2.66B | $2.39B | $2.39B | $2.19B | $2.54B | $2.28B | $2.32B | $2.18B | $2.51B | $2.17B | $2.08B | $1.94B | $2.29B | $1.88B | $1.74B | $1.99B | $2.41B | $2.08B |
| High Forecast | $2.66B | $2.31B | $2.36B | $2.21B | $2.59B | $2.47B | $2.55B | $2.38B | $2.55B | $2.31B | $2.33B | $2.18B | $2.67B | $2.39B | $2.40B | $2.20B | $2.55B | $2.28B | $2.32B | $2.18B | $2.51B | $2.17B | $2.08B | $1.94B | $2.29B | $1.88B | $1.74B | $1.99B | $2.41B | $2.08B |
| Low Forecast | $2.64B | $2.30B | $2.35B | $2.20B | $2.58B | $2.46B | $2.54B | $2.37B | $2.54B | $2.30B | $2.33B | $2.18B | $2.65B | $2.38B | $2.38B | $2.19B | $2.53B | $2.28B | $2.32B | $2.18B | $2.51B | $2.17B | $2.08B | $1.94B | $2.29B | $1.88B | $1.74B | $1.99B | $2.41B | $2.08B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.11% | 1.15% | 1.18% | 1.15% | 1.18% | 1.18% | 1.17% | 1.17% | 1.21% | 1.16% | 1.11% | 1.13% | 1.16% | 1.18% | 1.21% | 1.17% |
Interpublic Group of Companies's average Quarter revenue forecast for Dec 23 based on 4 analysts is $2.66B, with a low forecast of $2.65B, and a high forecast of $2.67B. IPG's average Quarter revenue forecast represents a -0.83% decrease compared to the company's last Quarter revenue of $2.68B (Sep 23).
Interpublic Group of Companies EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $475.70M | $406.60M | $301.70M | $636.00M | $451.00M | $422.80M | $330.10M | $538.40M | $426.10M | $462.70M | $234.30M | $290.90M | $315.20M | $96.30M | $139.50M | $528.60M | $348.90M |
| Avg Forecast | $409.62M | $356.13M | $364.28M | $340.75M | $399.22M | $380.29M | $393.25M | $367.52M | $392.78M | $355.72M | $359.54M | $362.42M | $410.21M | $368.48M | $369.36M | $329.47M | $577.43M | $350.27M | $356.28M | $260.45M | $385.33M | $333.23M | $319.36M | $234.30M | $350.82M | $287.89M | $267.20M | $108.50M | $369.28M | $318.36M |
| High Forecast | $410.51M | $356.91M | $365.07M | $341.49M | $400.09M | $381.12M | $394.11M | $368.32M | $393.64M | $356.22M | $359.54M | $434.90M | $411.80M | $369.28M | $370.16M | $395.37M | $692.92M | $350.27M | $356.28M | $312.54M | $385.33M | $333.23M | $319.36M | $281.16M | $350.82M | $287.89M | $267.20M | $130.20M | $369.28M | $318.36M |
| Low Forecast | $408.46M | $355.12M | $363.24M | $339.78M | $398.09M | $379.21M | $392.14M | $366.48M | $391.67M | $355.22M | $359.54M | $289.94M | $408.61M | $367.43M | $368.31M | $263.58M | $461.95M | $350.27M | $356.28M | $208.36M | $385.33M | $333.23M | $319.36M | $187.44M | $350.82M | $287.89M | $267.20M | $86.80M | $369.28M | $318.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.10% | 0.92% | 1.10% | 1.29% | 1.19% | 1.27% | 1.40% | 1.28% | 1.45% | 1.00% | 0.83% | 1.09% | 0.36% | 1.29% | 1.43% | 1.10% |
4 analysts predict IPG's average Quarter EBITDA for Dec 23 to be $410.21M, with a high of $411.80M and a low of $408.61M. This is -13.77% lower than Interpublic Group of Companies's previous annual EBITDA (Sep 23) of $475.70M.
Interpublic Group of Companies Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $243.70M | $265.50M | $126.00M | $297.20M | $251.80M | $229.60M | $159.40M | $365.90M | $239.90M | $263.30M | $91.70M | $112.30M | $279.70M | $-45.60M | $4.70M | $328.90M | $165.60M |
| Avg Forecast | $461.65M | $261.33M | $237.70M | $141.06M | $439.91M | $237.92M | $231.01M | $127.52M | $441.19M | $264.75M | $223.08M | $182.99M | $430.88M | $273.31M | $227.99M | $166.35M | $383.85M | $224.26M | $221.27M | $131.50M | $307.09M | $185.43M | $164.82M | $91.70M | $304.53M | $124.82M | $76.18M | $3.66M | $313.00M | $177.02M |
| High Forecast | $462.95M | $262.07M | $238.37M | $141.46M | $441.16M | $238.60M | $231.66M | $127.89M | $448.80M | $265.44M | $223.10M | $219.59M | $432.10M | $274.08M | $228.64M | $199.62M | $460.62M | $224.26M | $221.27M | $157.81M | $307.09M | $185.43M | $164.82M | $110.04M | $304.53M | $124.82M | $76.18M | $4.39M | $313.00M | $177.02M |
| Low Forecast | $459.95M | $260.37M | $236.83M | $140.54M | $438.29M | $237.04M | $230.16M | $127.05M | $425.97M | $264.07M | $223.07M | $146.39M | $429.30M | $272.30M | $227.15M | $133.08M | $307.08M | $224.26M | $221.27M | $105.20M | $307.09M | $185.43M | $164.82M | $73.36M | $304.53M | $124.82M | $76.18M | $2.92M | $313.00M | $177.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 1.16% | 0.76% | 0.77% | 1.12% | 1.04% | 1.21% | 1.19% | 1.29% | 1.60% | 1.00% | 0.37% | 2.24% | -0.60% | 1.29% | 1.05% | 0.94% |
Interpublic Group of Companies's average Quarter net income forecast for Dec 23 is $430.88M, with a range of $429.30M to $432.10M. IPG's average Quarter net income forecast represents a 76.81% increase compared to the company's last Quarter net income of $243.70M (Sep 23).
Interpublic Group of Companies SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.90M | $13.90M | $12.90M | $29.90M | $18.50M | $19.40M | $19.30M | $32.50M | $32.20M | $29.40M | $28.20M | $22.40M | $9.90M | $4.10M | $22.40M | $24.50M | $9.80M |
| Avg Forecast | $22.15M | $19.26M | $19.70M | $18.42M | $21.59M | $20.56M | $21.26M | $19.87M | $21.24M | $19.23M | $19.44M | $22.16M | $22.18M | $19.92M | $19.97M | $20.14M | $34.86M | $19.07M | $19.40M | $15.92M | $20.98M | $18.14M | $17.39M | $28.20M | $19.10M | $15.68M | $14.55M | $17.42M | $20.11M | $17.33M |
| High Forecast | $22.20M | $19.30M | $19.74M | $18.46M | $21.63M | $20.61M | $21.31M | $19.91M | $21.28M | $19.26M | $19.44M | $26.59M | $22.27M | $19.97M | $20.01M | $24.17M | $41.83M | $19.07M | $19.40M | $19.11M | $20.98M | $18.14M | $17.39M | $33.84M | $19.10M | $15.68M | $14.55M | $20.91M | $20.11M | $17.33M |
| Low Forecast | $22.08M | $19.20M | $19.64M | $18.37M | $21.52M | $20.50M | $21.20M | $19.82M | $21.18M | $19.21M | $19.44M | $17.72M | $22.09M | $19.87M | $19.91M | $16.11M | $27.89M | $19.07M | $19.40M | $12.74M | $20.98M | $18.14M | $17.39M | $22.56M | $19.10M | $15.68M | $14.55M | $13.94M | $20.11M | $17.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.70% | 0.64% | 0.86% | 0.97% | 1.00% | 1.21% | 1.55% | 1.77% | 1.69% | 1.00% | 1.17% | 0.63% | 0.28% | 1.29% | 1.22% | 0.57% |
Interpublic Group of Companies's average Quarter SG&A projection for Dec 23 is $22.18M, based on 4 Wall Street analysts, with a range of $22.09M to $22.27M. The forecast indicates a 31.24% rise compared to IPG last annual SG&A of $16.90M (Sep 23).
Interpublic Group of Companies EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.64 | $0.69 | $0.33 | $0.77 | $0.64 | $0.58 | $0.40 | $0.93 | $0.61 | $0.67 | $0.23 | $0.29 | $0.72 | $-0.12 | $0.01 | $0.85 | $0.43 |
| Avg Forecast | $1.23 | $0.69 | $0.63 | $0.37 | $1.17 | $0.63 | $0.61 | $0.34 | $1.17 | $0.70 | $0.59 | $0.35 | $1.14 | $0.73 | $0.61 | $0.34 | $1.01 | $0.59 | $0.58 | $0.40 | $0.81 | $0.49 | $0.44 | $0.15 | $0.80 | $0.33 | $0.20 | $0.09 | $0.83 | $0.47 |
| High Forecast | $1.23 | $0.70 | $0.63 | $0.38 | $1.17 | $0.63 | $0.61 | $0.34 | $1.19 | $0.70 | $0.59 | $0.35 | $1.15 | $0.73 | $0.61 | $0.34 | $1.02 | $0.59 | $0.58 | $0.40 | $0.81 | $0.49 | $0.44 | $0.15 | $0.80 | $0.33 | $0.20 | $0.09 | $0.83 | $0.47 |
| Low Forecast | $1.22 | $0.69 | $0.63 | $0.37 | $1.16 | $0.63 | $0.61 | $0.34 | $1.13 | $0.70 | $0.59 | $0.35 | $1.14 | $0.72 | $0.60 | $0.34 | $1.01 | $0.59 | $0.58 | $0.40 | $0.81 | $0.49 | $0.44 | $0.15 | $0.80 | $0.33 | $0.20 | $0.09 | $0.83 | $0.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 1.14% | 0.97% | 0.76% | 1.08% | 0.99% | 1.00% | 1.15% | 1.25% | 1.54% | 1.56% | 0.36% | 2.18% | -0.60% | 0.12% | 1.03% | 0.92% |
According to 4 Wall Street analysts, Interpublic Group of Companies's projected average Quarter EPS for Dec 23 is $1.14, with a low estimate of $1.14 and a high estimate of $1.15. This represents a 78.68% increase compared to IPG previous annual EPS of $0.64 (Sep 23).
Interpublic Group of Companies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WPP | WPP | $51.41 | $1.23K | 2292.53% | Buy |
| ZD | Ziff Davis | $56.04 | $108.33 | 93.31% | Hold |
| ADV | Advantage Solutions | $3.39 | $6.00 | 76.99% | Hold |
| EEX | Emerald | $4.68 | $7.90 | 68.80% | Buy |
| IPG | Interpublic Group of Companies | $28.38 | $47.33 | 66.77% | Buy |
| CTV | Innovid | $1.62 | $2.50 | 54.32% | Buy |
| CMPR | Cimpress | $78.38 | $120.00 | 53.10% | - |
| IAS | Integral Ad Science | $10.85 | $15.78 | 45.44% | Buy |
| CRTO | Criteo | $38.12 | $49.56 | 30.01% | Buy |
| DLX | Deluxe | $22.50 | $27.00 | 20.00% | Buy |
| OMC | Omnicom Group | $99.08 | $118.17 | 19.27% | Buy |
| QNST | QuinStreet | $21.75 | $25.63 | 17.84% | Buy |
| STGW | Stagwell | $7.60 | $8.50 | 11.84% | Buy |