Newegg Commerce Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Newegg Commerce stock has a target of 60, which predicts a 194.84% increase from the current stock price of 20.35.

Price Target: $60 (+194.84%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$60	$60	$60	$60
Change	+194.84%	+194.84%	+194.84%	+194.84%

Analyst Ratings

According to 1 stock analyst, the rating for Newegg Commerce is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Feb '23
Strong Buy	0
Buy	0
Hold	0
Sell	0
Strong Sell	0
Total	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Kupinski Noble Capital Markets	Noble Capital Markets	Buy Initiates $70	Buy	Initiates	$70	+243.98%	Feb 6, 2023

Financial Forecast

Revenue This Year

n/a

from 1.44B

Revenue Next Year

n/a

EPS This Year

n/a

from -0.24

EPS Next Year

n/a

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	2.38B	1.72B	1.50B	1.24B	1.44B
Revenue Growth	12.36%	-27.61%	-12.98%	-17.46%	16.91%
EPS	1.60	-3.08	-3.12	-2.25	-0.24
EPS Growth	-	-	-	-	-
Forward PE	-	-	-	-	-
No. Analysts	-	-	-	-	-

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

Revenue Forecast

Revenue
High
Avg
Low

Revenue Growth

Revenue Growth
High
Avg
Low

EPS Forecast

EPS
High
Avg
Low

EPS Growth

EPS Growth
High
Avg
Low

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.