Gogoro Inc. (GGR)

Gogoro Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Gogoro stock have an average target of 1.35, with a low estimate of 0.50 and a high estimate of 2.20. The average target predicts an increase of 186.02% from the current stock price of 0.47.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.50	$1.35	$2.20	$2.20
Change	+5.93%	+186.02%	+366.10%	+366.10%

Analyst Ratings

The average analyst rating for Gogoro stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	2	2	2	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Fawne Jiang Benchmark	Benchmark	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Nov 18, 2024
Beatrice Lam Citigroup	Citigroup	Strong Buy → Hold Downgrades $2.3 → $0.5	Strong Buy → Hold	Downgrades	$2.3 → $0.5	+5.93%	Nov 15, 2024
Fawne Jiang Benchmark	Benchmark	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 19, 2024
Bill Lin JP Morgan	JP Morgan	Sell → Hold Upgrades $2.2	Sell → Hold	Upgrades	$2.2	+366.10%	Dec 13, 2023
Beatrice Lam Citigroup	Citigroup	Strong Buy Maintains $6.5 → $6.3	Strong Buy	Maintains	$6.5 → $6.3	+1,234.75%	May 12, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

332.17M

Decreased by -5.05%

from 349.85M

Revenue Next Year

382.94M

Increased by 15.28%

from 332.17M

EPS This Year

-0.34

from -0.32

EPS Next Year

-0.32

from -0.34

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	439.24M	364.13M	366.01M	382.83M	349.85M	332.17M	382.94M	410.93M
Revenue Growth	-	-17.10%	0.52%	4.59%	-8.61%	-5.05%	15.28%	7.31%
EPS	-0.07	-0.25	-0.35	-0.45	-0.32	-0.34	-0.32	-0.00
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	345.8M	414.5M	427.2M
Avg	332.2M	382.9M	410.9M
Low	321.9M	356.2M	398.7M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-1.2%	24.8%	11.6%
Avg	-5.1%	15.3%	7.3%
Low	-8.0%	7.2%	4.1%

EPS Forecast

EPS	2024	2025	2026
High	-0.35	-0.33	-0.00
Avg	-0.34	-0.32	-0.00
Low	-0.34	-0.31	-0.00

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.