Envestnet, Inc. (ENV)
NYSE: ENV · IEX Real-Time Price · USD
65.51
-0.73 (-1.10%)
May 31, 2024, 4:00 PM EDT - Market closed
Envestnet Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Envestnet stock have an average target of 64.14, with a low estimate of 45 and a high estimate of 79. The average target predicts a decrease of -2.09% from the current stock price of 65.51.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Envestnet stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $56 → $64 | Hold | Maintains | $56 → $64 | -2.30% | May 8, 2024 |
| Jefferies | Jefferies | Sell → Hold Upgrades $47 → $59 | Sell → Hold | Upgrades | $47 → $59 | -9.94% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $79 | Buy | Reiterates | $79 | +20.59% | Apr 17, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $79 | Buy | Reiterates | $79 | +20.59% | Apr 9, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $62 → $67 | Strong Buy | Maintains | $62 → $67 | +2.27% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 1.25B
Increased by 10.87%
Revenue Next Year
1.52B
from 1.38B
Increased by 9.85%
EPS This Year
2.71
from -4.38
EPS Next Year
3.12
from 2.71
Increased by 15.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 1.7B | 1.9B | 1.9B | 2.0B |
| Avg | 1.4B | 1.5B | 1.7B | 1.8B | 1.9B |
| Low | 1.3B | 1.4B | 1.5B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6% | 19.6% | 26.6% | 11.0% | 16.1% |
| Avg | 10.9% | 9.8% | 11.6% | 3.4% | 7.5% |
| Low | 6.5% | 3.2% | 1.5% | -3.0% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.11 | 3.66 | 4.55 | 4.70 | 5.27 |
| Avg | 2.71 | 3.12 | 3.97 | 4.08 | 4.58 |
| Low | 2.50 | 2.70 | 3.28 | 3.53 | 3.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 35.4% | 45.6% | 18.6% | 29.2% |
| Avg | - | 15.5% | 27.0% | 2.9% | 12.3% |
| Low | - | -0.4% | 5.1% | -11.0% | -2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.