Phreesia (PHR) Stock Forecast, Price Target & Predictions

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PHR Stock Forecast

Phreesia stock forecast is as follows: an average price target of $30.75 (represents a 22.22% upside from PHR’s last price of $25.16) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

PHR Price Target

The average price target for Phreesia (PHR) is $30.75 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $30.00. This represents a potential 22.22% upside from PHR's last price of $25.16.

PHR Analyst Ratings

Buy

According to 11 Wall Street analysts, Phreesia's rating consensus is 'Buy'. The analyst rating breakdown for PHR stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Phreesia Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Dec 11, 2024	Joe Vruwink	Robert W. Baird	$30.00	$24.78	21.07%	19.24%
Nov 29, 2024	Gil Luria	D.A. Davidson	$32.00	$20.42	56.71%	27.19%
Sep 06, 2024	Jailendra Singh	Truist Financial	$31.00	$25.69	20.67%	23.21%
Sep 06, 2024	Joe Vruwink	Robert W. Baird	$34.00	$25.69	32.35%	35.14%
Sep 05, 2024	Sean Wieland	Piper Sandler	$30.00	$25.69	16.78%	19.24%
May 31, 2024	Richard Close	Canaccord Genuity	$34.00	$21.31	59.55%	35.14%
May 29, 2024	Jailendra Singh	Truist Financial	$35.00	$22.61	54.80%	39.11%
May 24, 2024	Scott Schoenhaus	KeyBanc	$30.00	$22.78	31.69%	19.24%
Mar 21, 2024	Aaron Kimson	JMP Securities	$30.00	$23.58	27.23%	19.24%
Mar 18, 2024	Joe Vruwink	Robert W. Baird	$31.00	$22.94	35.14%	23.21%
Mar 15, 2024	Sean Dodge	RBC Capital	$23.00	$23.75	-3.16%	-8.59%
Dec 06, 2023	Ryan MacDonald	Needham	$29.00	$17.77	63.20%	15.26%
Sep 07, 2023	Jeff Garro	Stephens	$37.00	$23.96	54.42%	47.06%
Jan 04, 2023	Ryan MacDonald	Needham	$40.00	$31.49	27.02%	58.98%
Dec 09, 2022		RBC Capital	$26.00	$29.81	-12.77%	3.34%
Oct 12, 2022	Robert Simmons	D.A. Davidson	$25.00	$24.09	3.78%	-0.64%
Mar 30, 2022	Stephanie Davis	Leerink Partners	$29.00	$29.38	-1.29%	15.26%
Mar 30, 2022	Joseph Vruwink	Robert W. Baird	$51.00	$29.38	73.59%	102.70%
Sep 02, 2021	Steven Halper	Cantor Fitzgerald	$70.00	$62.69	11.66%	178.22%
Jul 12, 2021	Donald Hooker	KeyBanc	$73.00	$67.61	7.97%	190.14%
Jun 08, 2021	Gal Munda	Berenberg Bank	$70.00	$56.67	23.52%	178.22%

The latest Phreesia stock forecast, released on Dec 11, 2024 by Joe Vruwink from Robert W. Baird, set a price target of $30.00, which represents a 21.07% increase from the stock price at the time of the forecast ($24.78), and a 19.24% increase from PHR last price ($25.16).

Phreesia Price Target by Period

	1M	3M	12M
# Anlaysts	2	2	11
Avg Price Target	$31.00	$31.00	$30.91
Last Closing Price	$25.16	$25.16	$25.16
Upside/Downside	23.21%	23.21%	22.85%

In the current month, the average price target of Phreesia stock is $31.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 23.21% increase as opposed to Phreesia's last price of $25.16. This month's average price target is down 0.00% compared to last quarter, and up 0.29% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 27, 2024	Truist Financial	Sector Perform	Sector Perform	Hold
Sep 05, 2024	Piper Sandler	Overweight	Overweight	Hold
Sep 05, 2024	Canaccord Genuity	Buy	Buy	Hold
Aug 30, 2024	Truist Financial	Market Outperform	Market Outperform	Hold
Aug 30, 2024	JMP Securities	Underperform	Underperform	Hold
Jul 01, 2024	Truist Financial	Market Outperform	Market Outperform	Hold
May 31, 2024	Stephens	Market Outperform	Market Outperform	Hold
May 31, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
May 31, 2024	Needham	Buy	Buy	Hold
May 24, 2024	KeyBanc	Overweight	Overweight	Hold
Mar 15, 2024	Needham	Market Outperform	Market Outperform	Hold
Feb 26, 2024	Needham	Underperform	Underperform	Hold
Feb 26, 2024	Raymond James	Buy	Buy	Hold
Dec 06, 2023	Telsey Advisory	Market Perform	Market Perform	Hold
Dec 06, 2023	Canaccord Genuity	Overweight	Overweight	Hold
Dec 06, 2023	Needham	Buy	Buy	Hold
Sep 11, 2023	Raymond James	Outperform	Outperform	Hold
Sep 07, 2023	Citigroup	Buy	Buy	Hold
Sep 07, 2023	RBC Capital	Sector Perform	Sector Perform	Hold
Mar 23, 2023	JMP Securities	Outperform	Outperform	Hold
Mar 23, 2023	RBC Capital	Neutral	Neutral	Hold
Jan 04, 2023	Needham	Buy	Buy	Hold
Dec 13, 2022	Citigroup		Buy	Upgrade
Dec 09, 2022	SVB Leerink		Outperform	Upgrade
Dec 09, 2022	RBC Capital	Sector Perform	Sector Perform	Hold
Jun 14, 2022	Piper Sandler	Overweight	Overweight	Hold

Phreesia's last stock rating was published by Truist Financial on Sep 27, 2024. The company gave PHR a "Sector Perform" rating, the same as its previous rate.

Phreesia Financial Forecast

Phreesia Revenue Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$95.00M	$91.62M	$85.83M	-	$76.59M	$73.10M	$67.87M	-	$58.02M	$55.91M	$51.01M	-	$41.81M	$38.46M
Avg Forecast	$153.43M	$152.50M	$144.57M	$144.48M	$137.15M	$135.21M	$130.13M	$128.91M	$123.38M	$121.20M	$116.61M	$115.28M	$109.01M	$106.33M	$101.60M	$100.98M	$93.52M	$89.60M	$85.26M	$81.15M	$74.47M	$70.89M	$65.88M	$62.27M	$56.31M	$48.71M	$47.22M	$42.82M	$39.63M	$35.56M
High Forecast	$155.20M	$154.25M	$146.23M	$146.14M	$138.73M	$136.76M	$131.63M	$130.39M	$124.80M	$122.59M	$117.95M	$116.61M	$110.32M	$107.30M	$101.60M	$101.00M	$93.52M	$90.18M	$86.24M	$82.09M	$75.33M	$72.17M	$66.83M	$63.17M	$57.12M	$49.41M	$47.90M	$43.44M	$40.20M	$36.07M
Low Forecast	$151.41M	$150.49M	$142.66M	$142.57M	$135.34M	$133.43M	$128.42M	$127.21M	$121.76M	$119.60M	$115.07M	$113.77M	$107.15M	$105.23M	$101.60M	$100.96M	$93.52M	$88.87M	$84.14M	$80.09M	$73.49M	$69.64M	$64.72M	$61.17M	$55.32M	$47.85M	$46.38M	$42.07M	$38.94M	$34.93M
# Analysts	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.02%	1.01%	-	1.03%	1.03%	1.03%	-	1.03%	1.15%	1.08%	-	1.05%	1.08%

Phreesia's average Quarter revenue forecast for May 24 based on 5 analysts is $100.98M, with a low forecast of $100.96M, and a high forecast of $101.00M. PHR's average Quarter revenue forecast represents a 6.29% increase compared to the company's last Quarter revenue of $95.00M (Jan 24).

Phreesia EBITDA Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-5.69M	$-24.58M	$-14.32M	-	$-32.89M	$-33.13M	$-40.52M	-	$-40.70M	$-30.60M	$-18.82M	-	$-4.17M	$-2.53M
Avg Forecast	$-40.53M	$-40.28M	$-38.19M	$-38.16M	$-36.23M	$-35.72M	$-34.37M	$-34.05M	$-32.59M	$-32.01M	$-30.80M	$-30.45M	$-28.80M	$-28.09M	$-26.84M	$-57.93M	$-24.70M	$-23.67M	$-22.52M	$-52.66M	$-26.58M	$-18.79M	$-17.46M	$-47.88M	$-14.92M	$-12.91M	$-12.51M	$-4.17M	$-10.50M	$-9.42M
High Forecast	$-40.00M	$-39.75M	$-37.69M	$-37.66M	$-35.75M	$-35.24M	$-33.92M	$-33.60M	$-32.16M	$-31.59M	$-30.40M	$-30.05M	$-28.30M	$-27.80M	$-26.84M	$-46.34M	$-24.70M	$-23.48M	$-22.23M	$-42.13M	$-21.26M	$-18.46M	$-17.15M	$-38.30M	$-14.66M	$-12.68M	$-12.29M	$-3.33M	$-10.32M	$-9.26M
Low Forecast	$-41.00M	$-40.75M	$-38.63M	$-38.60M	$-36.65M	$-36.13M	$-34.77M	$-34.44M	$-32.97M	$-32.38M	$-31.16M	$-30.80M	$-29.14M	$-28.34M	$-26.84M	$-69.52M	$-24.70M	$-23.82M	$-22.78M	$-63.20M	$-31.89M	$-19.13M	$-17.71M	$-57.45M	$-15.14M	$-13.09M	$-12.69M	$-5.00M	$-10.66M	$-9.56M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23%	1.04%	0.64%	-	1.24%	1.76%	2.32%	-	2.73%	2.37%	1.50%	-	0.40%	0.27%

undefined analysts predict PHR's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Phreesia's previous annual EBITDA (undefined) of $NaN.

Phreesia Net Income Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-30.65M	$-31.94M	$-36.77M	-	$-38.02M	$-40.17M	$-46.72M	-	$-46.45M	$-36.34M	$-24.39M	-	$-8.10M	$-6.71M
Avg Forecast	$23.16M	$22.58M	$19.68M	$17.95M	$17.54M	$15.28M	$12.68M	$11.18M	$4.58M	$2.44M	$-1.63M	$-3.56M	$-8.40M	$-13.69M	$-20.50M	$-66.12M	$-32.49M	$-39.41M	$-41.29M	$-60.11M	$-31.56M	$-49.87M	$-55.94M	$-54.65M	$-59.27M	$-27.18M	$-12.84M	$-8.10M	$-9.18M	$-9.20M
High Forecast	$23.50M	$22.92M	$19.98M	$18.21M	$17.80M	$15.51M	$12.87M	$11.35M	$4.65M	$2.48M	$-1.60M	$-3.50M	$-4.58M	$-12.28M	$-20.15M	$-52.90M	$-31.93M	$-38.86M	$-40.58M	$-48.09M	$-25.25M	$-48.73M	$-54.66M	$-43.72M	$-57.91M	$-26.55M	$-12.55M	$-6.48M	$-8.97M	$-8.99M
Low Forecast	$22.76M	$22.19M	$19.35M	$17.64M	$17.24M	$15.02M	$12.46M	$10.99M	$4.50M	$2.40M	$-1.65M	$-3.61M	$-12.98M	$-16.52M	$-20.80M	$-79.35M	$-32.98M	$-40.51M	$-41.90M	$-72.14M	$-37.87M	$-51.04M	$-56.99M	$-65.58M	$-60.38M	$-27.69M	$-13.08M	$-9.72M	$-9.35M	$-9.38M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94%	0.81%	0.89%	-	1.20%	0.81%	0.84%	-	0.78%	1.34%	1.90%	-	0.88%	0.73%

Phreesia's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. PHR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Phreesia SG&A Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$54.69M	$56.72M	$58.23M	-	$56.12M	$56.23M	$58.41M	-	$58.94M	$50.06M	$38.41M	-	$24.70M	$20.85M
Avg Forecast	$102.72M	$102.09M	$96.78M	$96.72M	$91.82M	$90.51M	$87.12M	$86.30M	$82.60M	$81.13M	$78.06M	$77.18M	$72.98M	$71.18M	$68.01M	$83.91M	$62.61M	$59.98M	$57.08M	$76.28M	$43.47M	$47.29M	$43.95M	$41.54M	$37.56M	$32.49M	$31.50M	$24.70M	$26.44M	$23.72M
High Forecast	$103.90M	$103.26M	$97.89M	$97.83M	$92.87M	$91.55M	$88.12M	$87.29M	$83.55M	$82.07M	$78.96M	$78.06M	$73.86M	$71.83M	$68.01M	$100.69M	$62.61M	$60.37M	$57.73M	$91.54M	$52.16M	$48.15M	$44.58M	$42.14M	$38.10M	$32.96M	$31.95M	$29.64M	$26.82M	$24.06M
Low Forecast	$101.36M	$100.75M	$95.51M	$95.45M	$90.61M	$89.32M	$85.97M	$85.16M	$81.51M	$80.07M	$77.04M	$76.16M	$71.73M	$70.45M	$68.01M	$67.13M	$62.60M	$59.49M	$56.33M	$61.02M	$34.78M	$46.46M	$43.18M	$40.81M	$36.90M	$31.92M	$30.94M	$19.76M	$25.97M	$23.30M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	0.95%	1.02%	-	1.29%	1.19%	1.33%	-	1.57%	1.54%	1.22%	-	0.93%	0.88%

Phreesia's average Quarter SG&A projection for May 24 is $83.91M, based on 5 Wall Street analysts, with a range of $67.13M to $100.69M. The forecast indicates a 53.41% rise compared to PHR last annual SG&A of $54.69M (Jan 24).

Phreesia EPS Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	4	9	8	5	4	3	6	3	3	4	6	4	4	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.56	$-0.58	$-0.68	-	$-0.72	$-0.76	$-0.89	-	$-0.90	$-0.71	$-0.48	-	$-0.18	$-0.17
Avg Forecast	$0.40	$0.39	$0.34	$0.31	$0.30	$0.26	$0.22	$0.19	$0.08	$0.04	$-0.03	$-0.06	$-0.15	$-0.24	$-0.35	$-0.47	$-0.56	$-0.68	$-0.71	$-0.75	$-0.78	$-0.87	$-0.97	$-1.06	$-1.03	$-0.47	$-0.22	$-0.18	$-0.16	$-0.16
High Forecast	$0.41	$0.40	$0.35	$0.31	$0.31	$0.27	$0.22	$0.20	$0.08	$0.04	$-0.03	$-0.06	$-0.08	$-0.21	$-0.35	$-0.46	$-0.55	$-0.67	$-0.70	$-0.74	$-0.77	$-0.85	$-0.95	$-1.03	$-1.01	$-0.46	$-0.22	$-0.18	$-0.16	$-0.16
Low Forecast	$0.39	$0.38	$0.33	$0.30	$0.30	$0.26	$0.22	$0.19	$0.08	$0.04	$-0.03	$-0.06	$-0.22	$-0.29	$-0.36	$-0.48	$-0.57	$-0.70	$-0.72	$-0.76	$-0.79	$-0.89	$-0.99	$-1.08	$-1.05	$-0.48	$-0.23	$-0.19	$-0.16	$-0.16
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.85%	0.95%	-	0.92%	0.88%	0.91%	-	0.87%	1.50%	2.15%	-	1.13%	1.06%

According to undefined Wall Street analysts, Phreesia's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to PHR previous annual EPS of $NaN (undefined).

Phreesia Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CMAX	CareMax	$0.42	$2.20	423.81%	Hold
EVH	Evolent Health	$10.87	$33.00	203.59%	Buy
DH	Definitive Healthcare	$4.46	$6.08	36.32%	Hold
CERT	Certara	$11.40	$15.00	31.58%	Buy
HCAT	Health Catalyst	$7.65	$9.67	26.41%	Buy
PHR	Phreesia	$24.86	$30.75	23.69%	Buy
PRVA	Privia Health Group	$20.79	$23.00	10.63%	Buy
HSTM	HealthStream	$31.97	$29.00	-9.29%	Buy

PHR Forecast FAQ

Is Phreesia a good buy?

Yes, according to 11 Wall Street analysts, Phreesia (PHR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of PHR's total ratings.

What is PHR's price target?

Phreesia (PHR) average price target is $30.75 with a range of $30 to $32, implying a 22.22% from its last price of $25.16. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Phreesia stock go up soon?

According to Wall Street analysts' prediction for PHR stock, the company can go up by 22.22% (from the last price of $25.16 to the average price target of $30.75), up by 27.19% based on the highest stock price target, and up by 19.24% based on the lowest stock price target.

Can Phreesia stock reach $40?

PHR's average twelve months analyst stock price target of $30.75 does not support the claim that Phreesia can reach $40 in the near future.

What is Phreesia's current price target trend?

2 Wall Street analysts forecast a $31 price target for Phreesia (PHR) this month, up 23.21% from its last price of $25.16. Compared to the last 3 and 12 months, the average price target increased by 23.21% and increased by 22.85%, respectively.

What are Phreesia's analysts' financial forecasts?

Phreesia's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $531.39M (high $537.5M, low $524.4M), average EBITDA is $-140M (high $-139M, low $-142M), average net income is $56.68M (high $57.53M, low $55.71M), average SG&A $355.74M (high $359.83M, low $351.06M), and average EPS is $0.979 (high $0.994, low $0.962). PHR's analysts financial forecasts for the fiscal year (Jan 2028) are as follows: average revenue is $594.98M (high $601.82M, low $587.14M), average EBITDA is $-157M (high $-155M, low $-159M), average net income is $83.36M (high $84.61M, low $81.94M), average SG&A $398.31M (high $402.89M, low $393.06M), and average EPS is $1.44 (high $1.46, low $1.42).

Did the PHR's actual financial results beat the analysts' financial forecasts?

Based on Phreesia's last annual report (Jan 2024), the company's revenue was $356.3M, beating the average analysts forecast of $349.54M by 1.93%. Apple's EBITDA was $-44.006M, missing the average prediction of $-124M by -64.38%. The company's net income was $-137M, missing the average estimation of $-173M by -21.01%. Apple's SG&A was $226.93M, missing the average forecast of $255.95M by -11.34%. Lastly, the company's EPS was $-2.51, missing the average prediction of $-2.708 by -7.31%. In terms of the last quarterly report (Jan 2024), Phreesia's revenue was $95M, beating the average analysts' forecast of $93.52M by 1.59%. The company's EBITDA was $-5.691M, missing the average prediction of $-24.704M by -76.96%. Phreesia's net income was $-30.646M, missing the average estimation of $-32.49M by -5.68%. The company's SG&A was $54.69M, missing the average forecast of $62.61M by -12.64%. Lastly, the company's EPS was $-0.56, missing the average prediction of $-0.561 by -0.22%