The Interpublic Group of Companies, Inc. (IPG)

IPG Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for IPG stock have an average target of 31.25, with a low estimate of 26 and a high estimate of 36. The average target predicts an increase of 5.65% from the current stock price of 29.58.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$26	$31.25	$32	$36
Change	-12.10%	+5.65%	+8.18%	+21.70%

* Price targets were last updated on Oct 23, 2024.

Analyst Ratings

The average analyst rating for IPG stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	1	1
Buy	1	2	2	2	1	1
Hold	4	4	4	3	3	3
Sell	0	1	1	1	2	2
Strong Sell	0	0	0	1	1	1
Total	7	9	9	9	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Roch Barclays	Barclays	Hold Maintains $33 → $32	Hold	Maintains	$33 → $32	+8.18%	Oct 23, 2024
Tim Nollen Macquarie	Macquarie	Hold Maintains $31	Hold	Maintains	$31	+4.80%	Oct 22, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold → Sell Downgrades $28 → $26	Hold → Sell	Downgrades	$28 → $26	-12.10%	Oct 22, 2024
Julien Roch Barclays	Barclays	Hold Maintains $34 → $33	Hold	Maintains	$34 → $33	+9.87%	Oct 2, 2024
David Karnovsky JP Morgan	JP Morgan	Buy → Hold Downgrades $36 → $33	Buy → Hold	Downgrades	$36 → $33	+11.56%	Oct 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.39B

Decreased by -0.13%

from 9.40B

Revenue Next Year

9.26B

Decreased by -1.35%

from 9.39B

EPS This Year

2.86

Increased by 0.37%

from 2.85

EPS Next Year

2.78

Decreased by -2.76%

from 2.86

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.63B	8.06B	9.11B	9.45B	9.40B	9.39B	9.26B	9.55B
Revenue Growth	7.39%	-6.50%	12.94%	3.75%	-0.52%	-0.13%	-1.35%	3.11%
EPS	1.68	0.89	2.39	2.37	2.85	2.86	2.78	2.94
EPS Growth	5.66%	-47.02%	168.54%	-0.84%	20.25%	0.37%	-2.76%	5.71%
Forward PE	-	-	-	-	-	10.34	10.63	10.06
No. Analysts	-	-	-	-	-	14	14	11

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	9.9B	10.0B	10.4B
Avg	9.4B	9.3B	9.5B
Low	9.0B	8.8B	8.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	4.8%	6.5%	12.3%
Avg	-0.1%	-1.4%	3.1%
Low	-3.8%	-6.7%	-3.4%

EPS Forecast

EPS	2024	2025	2026
High	3.05	2.99	3.21
Avg	2.86	2.78	2.94
Low	2.72	2.52	2.73

EPS Growth

EPS Growth	2024	2025	2026
High	6.8%	4.6%	15.5%
Avg	0.4%	-2.8%	5.7%
Low	-4.4%	-11.9%	-1.8%

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.