Gogoro Inc. (GGR)
NASDAQ: GGR · IEX Real-Time Price · USD
1.770
-0.150 (-7.81%)
At close: May 7, 2024, 4:00 PM
1.730
-0.040 (-2.26%)
After-hours: May 7, 2024, 7:51 PM EDT
Gogoro Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Gogoro stock have an average target of 4.25, with a low estimate of 2.20 and a high estimate of 6.30. The average target predicts an increase of 140.11% from the current stock price of 1.77.
Analyst Consensus: Buy
* Price targets were last updated on Dec 13, 2023.
Analyst Ratings
The average analyst rating for Gogoro stock from 2 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell → Hold Upgrades $2.2 | Sell → Hold | Upgrades | $2.2 | +24.29% | Dec 13, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $6.5 → $6.3 | Strong Buy | Maintains | $6.5 → $6.3 | +255.93% | May 12, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | +238.98% | Nov 11, 2022 |
| JP Morgan | JP Morgan | Sell Initiates $4.3 | Sell | Initiates | $4.3 | +142.94% | Sep 20, 2022 |
| Citigroup | Citigroup | Strong Buy Initiates $8.6 | Strong Buy | Initiates | $8.6 | +385.88% | Jun 9, 2022 |
Financial Forecast
Revenue This Year
404.70M
from 349.85M
Increased by 15.68%
Revenue Next Year
480.58M
from 404.70M
Increased by 18.75%
EPS This Year
-0.33
from -0.32
EPS Next Year
-0.22
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 430.9M | 499.7M | 606.8M |
| Avg | 404.7M | 480.6M | 583.7M |
| Low | 383.2M | 466.2M | 566.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.2% | 23.5% | 26.3% |
| Avg | 15.7% | 18.7% | 21.4% |
| Low | 9.5% | 15.2% | 17.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.32 | -0.13 | 0.02 |
| Avg | -0.33 | -0.22 | 0.02 |
| Low | -0.34 | -0.31 | 0.01 |
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.