Rover Group (ROVR) Stock Forecast, Price Target & Predictions
ROVR Stock Forecast
Rover Group stock forecast is as follows: an average price target of $6.00 (represents a -45.40% downside from ROVR’s last price of $10.99) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
ROVR Price Target
The average price target for Rover Group (ROVR) is $6.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $7.50 to $4.50. This represents a potential -45.40% downside from ROVR's last price of $10.99.
ROVR Analyst Ratings
According to 2 Wall Street analysts, Rover Group's rating consensus is 'Buy'. The analyst rating breakdown for ROVR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Rover Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 11, 2023 | - | JMP Securities | $6.00 | $4.01 | 49.63% | -45.40% |
| Oct 11, 2022 | Andrew Boone | JMP Securities | $8.00 | $3.95 | 102.53% | -27.21% |
| Aug 08, 2022 | - | Morgan Stanley | $4.50 | $3.74 | 20.32% | -59.05% |
| May 10, 2022 | - | D.A. Davidson | $7.50 | $5.29 | 41.64% | -31.76% |
The latest Rover Group stock forecast, released on Jan 11, 2023 by JMP Securities company, set a price target of $6.00, which represents a 49.63% increase from the stock price at the time of the forecast ($4.01), and a -45.40% decrease from ROVR last price ($10.99).
Rover Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $10.99 | $10.99 | $10.99 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Rover 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 Rover Group's last price of $10.99. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 11, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Oct 11, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Aug 08, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Rover Group's last stock rating was published by JMP Securities on Jan 11, 2023. The company gave ROVR a "Market Outperform" rating, the same as its previous rate.
Rover Group Financial Forecast
Rover Group Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | $58.53M | $41.12M | $27.82M | $35.15M |
| Avg Forecast | $132.41M | $115.86M | $99.30M | $64.33M | $63.49M | $62.23M | $38.03M | $36.72M | $34.38M |
| High Forecast | $136.05M | $119.05M | $102.04M | $67.20M | $66.70M | $63.94M | $39.08M | $37.73M | $35.33M |
| Low Forecast | $130.29M | $114.00M | $97.71M | $62.70M | $61.20M | $61.23M | $37.42M | $36.13M | $33.83M |
| # Analysts | 1 | 1 | 3 | 5 | 5 | 4 | 4 | 3 | 4 |
| Surprise % | - | - | - | - | - | 0.94% | 1.08% | 0.76% | 1.02% |
Rover Group's average Quarter revenue forecast for Sep 23 based on 5 analysts is $63.49M, with a low forecast of $61.20M, and a high forecast of $66.70M. ROVR's average Quarter revenue forecast represents a 8.48% increase compared to the company's last Quarter revenue of $58.53M (Jun 23).
Rover Group EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 3 | 5 | 5 | 4 | 4 | 3 | 4 |
| EBITDA | - | - | - | - | - | $9.59M | $-1.40M | $-9.27M | $2.49M |
| Avg Forecast | $-39.60M | $-34.65M | $-29.70M | $-19.24M | $-18.99M | $-18.61M | $-11.37M | $-6.03M | $-130.89M |
| High Forecast | $-40.69M | $-35.60M | $-30.52M | $-20.10M | $-19.95M | $-19.12M | $-11.69M | $-4.82M | $-104.71M |
| Low Forecast | $-38.96M | $-34.09M | $-29.22M | $-18.75M | $-18.30M | $-18.31M | $-11.19M | $-7.23M | $-157.07M |
| Surprise % | - | - | - | - | - | -0.52% | 0.12% | 1.54% | -0.02% |
5 analysts predict ROVR's average Quarter EBITDA for Sep 23 to be $-18.99M, with a high of $-19.95M and a low of $-18.30M. This is -297.93% lower than Rover Group's previous annual EBITDA (Jun 23) of $9.59M.
Rover Group Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 3 | 5 | 5 | 4 | 4 | 3 | 4 |
| Net Income | - | - | - | - | - | $-253.00K | $-4.34M | $-8.15M | $-84.54M |
| Avg Forecast | $297.46M | $259.09M | $304.22M | $5.79M | $5.79M | $2.89M | $-11.58M | $-10.47M | $-139.48M |
| High Forecast | $495.76M | $431.81M | $507.03M | $9.65M | $7.72M | $4.82M | $-19.30M | $-8.38M | $-111.59M |
| Low Forecast | $198.31M | $172.73M | $202.81M | $3.86M | $3.86M | $1.93M | $-7.72M | $-12.57M | $-167.38M |
| Surprise % | - | - | - | - | - | -0.09% | 0.38% | 0.78% | 0.61% |
Rover Group's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ROVR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Rover Group SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 3 | 5 | 5 | 4 | 4 | 3 | 4 |
| SG&A | - | - | - | - | - | $27.06M | $21.70M | $18.87M | $15.30M |
| Avg Forecast | $88.19M | $77.17M | $66.14M | $42.85M | $42.29M | $41.45M | $25.33M | $24.26M | $25.25M |
| High Forecast | $90.62M | $79.29M | $67.96M | $44.76M | $44.43M | $42.59M | $26.03M | $29.12M | $30.30M |
| Low Forecast | $86.78M | $75.93M | $65.08M | $41.76M | $40.76M | $40.78M | $24.92M | $19.41M | $20.20M |
| Surprise % | - | - | - | - | - | 0.65% | 0.86% | 0.78% | 0.61% |
Rover Group's average Quarter SG&A projection for Sep 23 is $42.29M, based on 5 Wall Street analysts, with a range of $40.76M to $44.43M. The forecast indicates a 56.28% rise compared to ROVR last annual SG&A of $27.06M (Jun 23).
Rover Group EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 3 | 5 | 5 | 4 | 4 | 3 | 4 |
| EPS | - | - | - | - | - | $-0.00 | $-0.02 | $-0.05 | $-0.73 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $0.03 | $0.03 | $0.01 | $-0.06 | $-0.07 | $-0.09 |
| High Forecast | $2.57 | $2.24 | $2.63 | $0.05 | $0.04 | $0.03 | $-0.10 | $-0.12 | $-0.15 |
| Low Forecast | $1.03 | $0.90 | $1.05 | $0.02 | $0.02 | $0.01 | $-0.04 | $-0.05 | $-0.06 |
| Surprise % | - | - | - | - | - | -0.09% | 0.39% | 0.65% | 8.11% |
According to undefined Wall Street analysts, Rover Group'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 ROVR previous annual EPS of $NaN (undefined).
Rover Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MCW | Mister Car Wash | $7.98 | $10.00 | 25.31% | Hold |
| BFAM | Bright Horizons Family Solutions | $111.14 | $133.33 | 19.97% | Buy |
| CSV | Carriage Services | $38.57 | $45.00 | 16.67% | Buy |
| ROL | Rollins | $51.29 | $51.80 | 0.99% | Buy |
| SCI | Service Corporation | $85.12 | $82.67 | -2.88% | Buy |
| FTDR | Frontdoor | $56.53 | $52.00 | -8.01% | Buy |
| ROVR | Rover Group | $11.00 | $6.00 | -45.45% | Buy |