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
Target Low Average Median High
Price $28 $31 $32 $34
Change +30.48% +44.45% +49.11% +58.43%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333444
Buy 444444
Hold 000000
Sell 000000
Strong Sell 000000
Total 777888

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
Strong Buy
Upgrades
$25$30
Strong Buy Upgrades $25$30 +39.79% Jan 5, 2024
More Analyst Ratings

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%
Year 20182019202120222023202420252026
Revenue
209.54M258.47M405.36M475.19M530.21M674.55M740.99M803.70M
Revenue Growth
-23.35%56.83%17.23%11.58%27.22%9.85%8.46%
EPS
-1.27-2.19-0.67-0.24-0.240.790.931.13
EPS Growth
------17.45%21.06%
No. Analysts -----14134
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
31.7%
15.3%
14.3%
Avg
27.2%
9.8%
8.5%
Low
22.0%
4.0%
1.7%

EPS Forecast

EPS 202420252026
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 202420252026
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.