GROV Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for GROV stock has a target of 2.00, which predicts an increase of 53.85% from the current stock price of 1.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+53.85%	+53.85%	+53.85%	+53.85%

* Price targets were last updated on Aug 9, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for GROV is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $3 → $2	Buy	Maintains	$3 → $2	+53.85%	Aug 9, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Buy Reiterates $3	Buy	Reiterates	$3	+130.77%	May 7, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Buy Reiterates $3	Buy	Reiterates	$3	+130.77%	Mar 7, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Buy Reiterates $3	Buy	Reiterates	$3	+130.77%	Feb 28, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Buy Maintains $3.5 → $3	Buy	Maintains	$3.5 → $3	+130.77%	Nov 10, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

215.22M

from 259.28M

-16.99%

from 259.28M

Revenue Next Year

228.07M

from 215.22M

5.97%

from 215.22M

EPS This Year

-0.70

from -1.28

EPS Next Year

-0.23

from -0.70

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	233.12M	364.27M	383.69M	321.53M	259.28M	215.22M	228.07M
Revenue Growth	-	56.26%	5.33%	-16.20%	-19.36%	-16.99%	5.97%
EPS	-216.86	-67.25	-79.28	-4.85	-1.28	-0.70	-0.23
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2024	2025
High	222.5M	238.9M
Avg	215.2M	228.1M
Low	205.9M	215.3M

Revenue Growth

Revenue Growth	2024	2025
High	-14.2%	11.0%
Avg	-17.0%	6.0%
Low	-20.6%	0.0%

EPS Forecast

EPS	2024	2025
High	-0.72	-0.24
Avg	-0.70	-0.23
Low	-0.68	-0.23

EPS Growth

EPS Growth	2024	2025
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.