Instructure Holdings, Inc. (INST)
NYSE: INST · Real-Time Price · USD
23.54
+0.06 (0.26%)
At close: Oct 24, 2024, 4:00 PM
23.53
-0.01 (-0.04%)
After-hours: Oct 24, 2024, 4:15 PM EDT
Instructure Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for INST stock have an average target of 26.2, with a low estimate of 23.6 and a high estimate of 30. The average target predicts an increase of 11.30% from the current stock price of 23.54.
Analyst Consensus: Hold
* Price targets were last updated on Aug 6, 2024.
Analyst Ratings
The average analyst rating for INST stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 5 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | +1.95% | Aug 6, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $35 → $24 | Strong Buy → Hold | Downgrades | $35 → $24 | +0.25% | Jul 29, 2024 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 26, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $30 → $24 | Strong Buy → Hold | Downgrades | $30 → $24 | +0.25% | Jul 26, 2024 |
Financial Forecast
Revenue This Year
677.72M
from 530.21M
Increased by 27.82%
Revenue Next Year
741.79M
from 677.72M
Increased by 9.45%
EPS This Year
0.87
from -0.24
EPS Next Year
0.95
from 0.87
Increased by 9.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 702.0M | 769.8M | 824.8M |
| Avg | 677.7M | 741.8M | 801.2M |
| Low | 647.8M | 707.0M | 769.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.4% | 13.6% | 11.2% |
| Avg | 27.8% | 9.5% | 8.0% |
| Low | 22.2% | 4.3% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.93 | 1.07 | 1.09 |
| Avg | 0.87 | 0.95 | 1.06 |
| Low | 0.77 | 0.77 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 23.3% | 14.6% |
| Avg | - | 9.7% | 11.3% |
| Low | - | -11.2% | 7.0% |
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.