Instructure Holdings, Inc. (INST)
NYSE: INST · IEX Real-Time Price · USD
20.27
+0.04 (0.20%)
At close: May 17, 2024, 4:00 PM
21.56
+1.29 (6.36%)
After-hours: May 17, 2024, 7:24 PM EDT
Instructure Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for INST stock have an average target of 30, with a low estimate of 28 and a high estimate of 32. The average target predicts an increase of 48.00% from the current stock price of 20.27.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for INST stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +57.87% | May 17, 2024 |
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +57.87% | May 9, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 → $28 | Buy | Maintains | $31 → $28 | +38.14% | Apr 19, 2024 |
| Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +57.87% | Mar 13, 2024 |
| Keybanc | Keybanc | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +38.14% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
674.54M
from 530.21M
Increased by 27.22%
Revenue Next Year
741.29M
from 674.54M
Increased by 9.90%
EPS This Year
0.76
from -0.24
EPS Next Year
0.94
from 0.76
Increased by 22.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 698.4M | 778.1M | 861.6M |
| Avg | 674.5M | 741.3M | 810.7M |
| Low | 646.8M | 703.9M | 753.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.7% | 15.3% | 16.2% |
| Avg | 27.2% | 9.9% | 9.4% |
| Low | 22.0% | 4.4% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.83 | 1.07 | 1.29 |
| Avg | 0.76 | 0.94 | 1.14 |
| Low | 0.71 | 0.84 | 0.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 40.3% | 37.3% |
| Avg | - | 22.6% | 21.7% |
| Low | - | 10.4% | 5.8% |
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.