The Interpublic Group of Companies, Inc. (IPG)

IPG Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for IPG stock have an average target of 35.71, with a low estimate of 31 and a high estimate of 40. The average target predicts an increase of 24.99% from the current stock price of 28.57.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31	$35.71	$36	$40
Change	+8.51%	+24.99%	+26.01%	+40.01%

Analyst Ratings

The average analyst rating for IPG stock from 7 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	6	6	6	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Adrien de Saint Hilaire B of A Securities	B of A Securities	Strong Buy Maintains $38 → $37	Strong Buy	Maintains	$38 → $37	+29.51%	Jun 25, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold Maintains $32 → $31	Hold	Maintains	$32 → $31	+8.51%	Apr 25, 2024
David Karnovsky JP Morgan	JP Morgan	Buy Maintains $38 → $37	Buy	Maintains	$38 → $37	+29.51%	Feb 9, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold Maintains $31 → $32	Hold	Maintains	$31 → $32	+12.01%	Feb 9, 2024
Julien Roch Barclays	Barclays	Hold Maintains $35 → $36	Hold	Maintains	$35 → $36	+26.01%	Jan 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.53B

Decreased by -12.46%

from 10.89B

Revenue Next Year

9.78B

Increased by 2.56%

from 9.53B

EPS This Year

2.87

Increased by 0.69%

from 2.85

EPS Next Year

3.05

Increased by 6.12%

from 2.87

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	10.22B	9.06B	10.24B	10.93B	10.89B	9.53B	9.78B	10.10B	10.19B	10.41B
Revenue Growth	5.22%	-11.35%	13.02%	6.71%	-0.35%	-12.46%	2.56%	3.31%	0.84%	2.17%
EPS	1.68	0.89	2.39	2.37	2.85	2.87	3.05	3.24	-	-
EPS Growth	5.66%	-47.02%	168.54%	-0.84%	20.25%	0.69%	6.12%	6.35%	-	-
Forward PE	-	-	-	-	-	9.96	9.38	8.82	-	-
No. Analysts	-	-	-	-	-	14	14	10	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	10.0B	10.3B	10.7B	10.6B	10.8B
Avg	9.5B	9.8B	10.1B	10.2B	10.4B
Low	9.2B	9.3B	9.7B	9.9B	10.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-8.5%	7.7%	9.6%	4.8%	6.2%
Avg	-12.5%	2.6%	3.3%	0.8%	2.2%
Low	-15.4%	-2.3%	-1.0%	-2.2%	-0.9%

EPS Forecast

EPS	2024	2025	2026
High	3.05	3.26	3.56
Avg	2.87	3.05	3.24
Low	2.72	2.86	2.94

EPS Growth

EPS Growth	2024	2025	2026
High	6.8%	13.4%	16.8%
Avg	0.7%	6.1%	6.3%
Low	-4.4%	-0.3%	-3.5%

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.