Wag! Group (PET) Stock Forecast, Price Target & Predictions
PET Stock Forecast
Wag! Group stock forecast is as follows: an average price target of $3.50 (represents a 384.09% upside from PET’s last price of $0.72) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
PET Price Target
The average price target for Wag! Group (PET) is $3.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $3.00. This represents a potential 384.09% upside from PET's last price of $0.72.
PET Analyst Ratings
According to 2 Wall Street analysts, Wag! Group's rating consensus is 'Buy'. The analyst rating breakdown for PET stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Wag! Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2024 | Jeremy Hamblin | Craig-Hallum | $3.00 | $1.32 | 127.27% | 314.94% |
| May 30, 2024 | Ryan Meyers | Lake Street | $4.00 | $1.49 | 168.46% | 453.25% |
| May 16, 2024 | Tom White | D.A. Davidson | $3.50 | $2.06 | 69.90% | 384.09% |
The latest Wag! Group stock forecast, released on Jul 22, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $3.00, which represents a 127.27% increase from the stock price at the time of the forecast ($1.32), and a 314.94% increase from PET last price ($0.72).
Wag! Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $3.00 | $3.50 |
| Last Closing Price | $0.72 | $0.72 | $0.72 |
| Upside/Downside | -100.00% | 314.94% | 384.09% |
In the current month, the average price target of Wag! Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wag! Group's last price of $0.72. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 22, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 30, 2024 | Lake Street | - | Buy | Initialise |
Wag! Group's last stock rating was published by Craig-Hallum on Jul 22, 2024. The company gave PET a "Buy" rating, the same as its previous rate.
Wag! Group Financial Forecast
Wag! Group Revenue Forecast
| 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $21.67M | $21.80M | $19.82M | $20.62M | $17.04M | $15.38M | - |
| Avg Forecast | $31.21M | $28.89M | $23.55M | $26.05M | $28.95M | $22.56M | $20.67M | $22.23M | $20.73M | $19.60M | $19.55M | $16.83M | $13.76M | $12.95M | $10.11M |
| High Forecast | $32.70M | $30.27M | $24.68M | $27.30M | $30.34M | $23.58M | $21.66M | $23.30M | $21.43M | $19.80M | $20.49M | $17.63M | $14.42M | $13.57M | $10.11M |
| Low Forecast | $29.87M | $27.64M | $22.53M | $24.93M | $27.71M | $21.53M | $19.78M | $21.28M | $20.02M | $19.50M | $18.71M | $16.10M | $13.17M | $12.39M | $10.11M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 1.11% | 1.01% | 1.23% | 1.24% | 1.19% | - |
Wag! Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $22.23M, with a low forecast of $21.28M, and a high forecast of $23.30M. PET's average Quarter revenue forecast represents a 2.59% increase compared to the company's last Quarter revenue of $21.67M (Dec 23).
Wag! Group EBITDA Forecast
| 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-1.22M | $-58.00K | $-2.35M | $-1.78M | $-1.12M | $-12.65M | - |
| Avg Forecast | $-17.69M | $-16.38M | $-13.35M | $-14.77M | $-16.41M | $-12.79M | $-11.72M | $-12.60M | $-11.75M | $-11.11M | $-11.09M | $-9.54M | $-7.80M | $-7.34M | $-5.73M |
| High Forecast | $-16.93M | $-15.67M | $-12.77M | $-14.13M | $-15.71M | $-12.21M | $-11.21M | $-12.06M | $-11.35M | $-11.06M | $-10.61M | $-9.13M | $-7.47M | $-7.02M | $-5.73M |
| Low Forecast | $-18.54M | $-17.16M | $-13.99M | $-15.47M | $-17.20M | $-13.37M | $-12.28M | $-13.21M | $-12.15M | $-11.23M | $-11.62M | $-10.00M | $-8.17M | $-7.69M | $-5.73M |
| Surprise % | - | - | - | - | - | - | - | - | 0.10% | 0.01% | 0.21% | 0.19% | 0.14% | 1.72% | - |
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Wag! Group Net Income Forecast
| 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-3.46M | $-2.20M | $-3.87M | $-6.99M | $5.80M | $-40.13M | - |
| Avg Forecast | $-1.23M | $-204.57K | $-1.23M | $-613.71K | $-1.02M | $-1.47M | $-2.66M | $-4.64M | $-2.76M | $-3.27M | $-3.76M | $-2.86M | $-5.89M | $-12.58M | $-27.25M |
| High Forecast | $-1.16M | $-193.12K | $-1.16M | $-579.35K | $-965.59K | $-1.30M | $-2.51M | $-4.38M | $-2.61M | $-2.86M | $-3.55M | $-2.70M | $-5.56M | $-11.88M | $-27.25M |
| Low Forecast | $-1.30M | $-217.29K | $-1.30M | $-651.88K | $-1.09M | $-1.64M | $-2.82M | $-4.93M | $-2.93M | $-4.09M | $-4.00M | $-3.04M | $-6.26M | $-13.36M | $-27.25M |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% | 0.67% | 1.03% | 2.44% | -0.99% | 3.19% | - |
Wag! Group's average Quarter net income forecast for Mar 23 is $-2.86M, with a range of $-3.04M to $-2.70M. PET's average Quarter net income forecast represents a -149.34% decrease compared to the company's last Quarter net income of $5.80M (Dec 22).
Wag! Group SG&A Forecast
| 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $18.47M | $17.44M | $15.58M | $18.26M | $14.37M | $35.07M | - |
| Avg Forecast | $33.41M | $30.92M | $25.21M | $27.88M | $30.99M | $24.14M | $22.12M | $23.80M | $22.18M | $20.98M | $20.93M | $18.01M | $14.73M | $13.86M | $10.82M |
| High Forecast | $35.01M | $32.40M | $26.41M | $29.22M | $32.47M | $25.24M | $23.18M | $24.94M | $22.93M | $21.20M | $21.93M | $18.87M | $15.43M | $14.52M | $10.82M |
| Low Forecast | $31.97M | $29.59M | $24.12M | $26.68M | $29.66M | $23.05M | $21.17M | $22.77M | $21.43M | $20.88M | $20.03M | $17.24M | $14.10M | $13.26M | $10.82M |
| Surprise % | - | - | - | - | - | - | - | - | 0.83% | 0.83% | 0.74% | 1.01% | 0.98% | 2.53% | - |
Wag! Group's average Quarter SG&A projection for Mar 24 is $23.80M, based on 1 Wall Street analysts, with a range of $22.77M to $24.94M. The forecast indicates a 28.84% rise compared to PET last annual SG&A of $18.47M (Dec 23).
Wag! Group EPS Forecast
| 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.09 | $-0.06 | $-0.10 | $-0.19 | $0.33 | $-1.64 | - |
| Avg Forecast | $-0.03 | $-0.01 | $-0.03 | $-0.01 | $-0.03 | $-0.04 | $-0.07 | $-0.11 | $-0.07 | $-0.08 | $-0.09 | $-0.07 | $-0.14 | $-0.31 | $-0.68 |
| High Forecast | $-0.03 | $-0.00 | $-0.03 | $-0.01 | $-0.02 | $-0.03 | $-0.06 | $-0.11 | $-0.06 | $-0.07 | $-0.09 | $-0.07 | $-0.14 | $-0.29 | $-0.68 |
| Low Forecast | $-0.03 | $-0.01 | $-0.03 | $-0.02 | $-0.03 | $-0.04 | $-0.07 | $-0.12 | $-0.07 | $-0.10 | $-0.10 | $-0.07 | $-0.15 | $-0.33 | $-0.68 |
| Surprise % | - | - | - | - | - | - | - | - | 1.30% | 0.70% | 1.09% | 2.71% | -2.29% | 5.33% | - |
According to 4 Wall Street analysts, Wag! Group's projected average Quarter EPS for Mar 23 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -121.21% decrease compared to PET previous annual EPS of $0.33 (Dec 22).
Wag! Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PET | Wag! Group | $0.72 | $3.50 | 386.11% | Buy |
| PYCR | Paycor HCM | $13.73 | $23.11 | 68.32% | Hold |
| MITK | Mitek Systems | $8.50 | $14.13 | 66.24% | Buy |
| PCTY | Paylocity | $161.31 | $215.00 | 33.28% | Buy |
| PCOR | Procore | $57.48 | $73.56 | 27.97% | Buy |
| OPFI | OppFi | $4.46 | $5.33 | 19.51% | Buy |
| ALKT | Alkami | $30.62 | $34.50 | 12.67% | Buy |
| AGYS | Agilysys | $103.48 | $114.25 | 10.41% | Buy |
| PRGS | Progress Software | $58.14 | $62.50 | 7.50% | Buy |
| SPNS | Sapiens | $35.85 | $38.00 | 6.00% | Buy |
| PWSC | PowerSchool | $22.77 | $24.08 | 5.75% | Hold |
| CWAN | Clearwater Analytics | $24.72 | $22.50 | -8.98% | Buy |
PET Forecast FAQ
Is Wag! Group a good buy?
Yes, according to 2 Wall Street analysts, Wag! Group (PET) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of PET's total ratings.
What is PET's price target?
Wag! Group (PET) average price target is $3.5 with a range of $3 to $4, implying a 384.09% from its last price of $0.723. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Wag! Group stock go up soon?
According to Wall Street analysts' prediction for PET stock, the company can go up by 384.09% (from the last price of $0.723 to the average price target of $3.5), up by 453.25% based on the highest stock price target, and up by 314.94% based on the lowest stock price target.
Can Wag! Group stock reach $1?
PET's average twelve months analyst stock price target of $3.5 supports the claim that Wag! Group can reach $1 in the near future.
What are Wag! Group's analysts' financial forecasts?
Wag! Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $94.41M (high $98.87M, low $90.3M), average EBITDA is $-53.523M (high $-51.189M, low $-56.052M), average net income is $-9.792M (high $-9.158M, low $-10.478M), average SG&A $101.06M (high $105.83M, low $96.65M), and average EPS is $-0.239 (high $-0.224, low $-0.256). PET's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $109.7M (high $114.94M, low $104.97M), average EBITDA is $-62.188M (high $-59.51M, low $-65.163M), average net income is $-3.273M (high $-3.09M, low $-3.477M), average SG&A $117.41M (high $123.03M, low $112.36M), and average EPS is $-0.08 (high $-0.0755, low $-0.085).
Did the PET's actual financial results beat the analysts' financial forecasts?
Based on Wag! Group's last annual report (Dec 2023), the company's revenue was $83.92M, beating the average analysts forecast of $76.71M by 9.39%. Apple's EBITDA was $-3.782M, missing the average prediction of $-43.487M by -91.30%. The company's net income was $-13.317M, beating the average estimation of $-12.663M by 5.17%. Apple's SG&A was $82.22M, beating the average forecast of $82.11M by 0.14%. Lastly, the company's EPS was $-0.35, beating the average prediction of $-0.309 by 13.09%. In terms of the last quarterly report (Dec 2023), Wag! Group's revenue was $21.67M, beating the average analysts' forecast of $20.72M by 4.57%. The company's EBITDA was $-1.217M, missing the average prediction of $-11.749M by -89.64%. Wag! Group's net income was $-3.465M, beating the average estimation of $-2.762M by 25.47%. The company's SG&A was $18.47M, missing the average forecast of $22.18M by -16.73%. Lastly, the company's EPS was $-0.0879, beating the average prediction of $-0.0675 by 30.22%