Newegg Commerce (NEGG) Stock Forecast, Price Target & Predictions
NEGG Stock Forecast
Newegg Commerce stock forecast is as follows: an average price target of $3.50 (represents a 513.93% upside from NEGG’s last price of $0.57) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
NEGG Price Target
NEGG Analyst Ratings
Buy
Newegg Commerce Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Feb 06, 2023 | - | Loop Capital Markets | $3.50 | $1.89 | 85.19% | 513.93% |
10
Newegg Commerce Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $0.57 | $0.57 | $0.57 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Feb 06, 2023 | Noble Capital Markets | - | Outperform | Initialise |
10
Newegg Commerce Financial Forecast
Newegg Commerce Revenue Forecast
Quarter
Sep 24 | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | $480.57M |
Avg Forecast | $310.91M | $309.06M | $361.70M | $338.80M | $356.50M | $439.20M |
High Forecast | $310.91M | $309.06M | $361.70M | $338.80M | $356.50M | $439.20M |
Low Forecast | $310.91M | $309.06M | $361.70M | $338.80M | $356.50M | $439.20M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 |
Surprise % | - | - | - | - | - | 1.09% |
Forecast
Newegg Commerce EBITDA Forecast
Quarter
Sep 24 | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 |
EBITDA | - | - | - | - | - | $-3.96M |
Avg Forecast | $-548.91K | $-545.65K | $-638.59K | $-598.16K | $-629.41K | $-775.41K |
High Forecast | $-548.91K | $-545.65K | $-638.59K | $-598.16K | $-629.41K | $-775.41K |
Low Forecast | $-548.91K | $-545.65K | $-638.59K | $-598.16K | $-629.41K | $-775.41K |
Surprise % | - | - | - | - | - | 5.11% |
Forecast
Newegg Commerce Net Income Forecast
Quarter
Sep 24 | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 |
Net Income | - | - | - | - | - | $-30.07M |
Avg Forecast | $596.39M | $519.18M | $-23.28M | $-11.64M | $-11.64M | $-7.76M |
High Forecast | $596.39M | $519.18M | $-23.28M | $-11.64M | $-11.64M | $-7.76M |
Low Forecast | $596.39M | $519.18M | $-23.28M | $-11.64M | $-11.64M | $-7.76M |
Surprise % | - | - | - | - | - | 3.88% |
Forecast
Newegg Commerce SG&A Forecast
Quarter
Sep 24 | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 |
SG&A | - | - | - | - | - | $75.66M |
Avg Forecast | $43.28M | $43.02M | $50.35M | $47.16M | $49.62M | $61.13M |
High Forecast | $43.28M | $43.02M | $50.35M | $47.16M | $49.62M | $61.13M |
Low Forecast | $43.28M | $43.02M | $50.35M | $47.16M | $49.62M | $61.13M |
Surprise % | - | - | - | - | - | 1.24% |
Forecast
Newegg Commerce EPS Forecast
Quarter
Sep 24 | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 |
EPS | - | - | - | - | - | $-80.60 |
Avg Forecast | $1.54 | $1.34 | $-0.06 | $-0.03 | $-0.03 | $-0.02 |
High Forecast | $1.54 | $1.34 | $-0.06 | $-0.03 | $-0.03 | $-0.02 |
Low Forecast | $1.54 | $1.34 | $-0.06 | $-0.03 | $-0.03 | $-0.02 |
Surprise % | - | - | - | - | - | 4030.00% |
Forecast
Newegg Commerce Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
FTCH | Farfetch | $0.64 | $32.73 | 5014.06% | Buy |
NEGG | Newegg Commerce | $0.57 | $3.50 | 514.04% | Buy |
JMIA | Jumia | $3.64 | $9.00 | 147.25% | Buy |
W | Wayfair | $42.63 | $93.31 | 118.88% | Buy |
ETSY | Etsy | $51.99 | $101.26 | 94.77% | Hold |
OSTK | Beyond | $16.78 | $30.00 | 78.78% | Buy |
PDD | PDD | $104.09 | $159.20 | 52.94% | Buy |
RVLV | Revolve Group | $34.82 | $51.12 | 46.81% | Buy |
VIPS | Vipshop | $13.48 | $16.17 | 19.96% | Hold |
CHWY | Chewy | $35.87 | $40.04 | 11.63% | Buy |
WISH | ContextLogic | $5.13 | $2.00 | -61.01% | Hold |