Instructure Holdings, Inc. (INST)
NYSE: INST · IEX Real-Time Price · USD
21.46
+0.26 (1.23%)
Mar 28, 2024, 10:29 AM EDT - Market open
Instructure Holdings Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for INST stock have an average target of 31, with a low estimate of 28 and a high estimate of 34. The average target predicts an increase of 44.45% from the current stock price of 21.46.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for INST stock from 8 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +49.11% | Mar 13, 2024 |
Keybanc | Keybanc | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +30.48% | Feb 21, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $33 → $30 | Strong Buy | Maintains | $33 → $30 | +39.79% | Feb 21, 2024 |
Needham | Needham | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +49.11% | Feb 21, 2024 |
Jefferies | Jefferies | Hold → Strong Buy Upgrades $25 → $30 | Hold → Strong Buy | Upgrades | $25 → $30 | +39.79% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
674.55M
from 530.21M
Increased by 27.22%
Revenue Next Year
740.99M
from 674.55M
Increased by 9.85%
EPS This Year
0.79
from -0.24
EPS Next Year
0.93
from 0.79
Increased by 17.45%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 698.4M | 778.1M | 847.1M |
Avg | 674.6M | 741.0M | 803.7M |
Low | 646.8M | 701.4M | 753.8M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 31.7% | 15.3% | 14.3% |
Avg | 27.2% | 9.8% | 8.5% |
Low | 22.0% | 4.0% | 1.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.11 | 1.07 | 1.26 |
Avg | 0.79 | 0.93 | 1.13 |
Low | 0.71 | 0.84 | 0.99 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 35.3% | 35.2% |
Avg | - | 17.4% | 21.1% |
Low | - | 6.5% | 6.5% |
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.