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Newegg Commerce Inc
NASDAQ:NEGG

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Newegg Commerce Inc Logo
Newegg Commerce Inc
NASDAQ:NEGG
Watchlist
Price: 0.831 USD 5.7% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

NEGG Price Targets Summary
Newegg Commerce Inc

Wall Street analysts forecast NEGG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NEGG is 3.06 USD with a low forecast of 3.03 USD and a high forecast of 3.15 USD.

Lowest
Price Target
3.03 USD
265% Upside
Average
Price Target
3.06 USD
268% Upside
Highest
Price Target
3.15 USD
279% Upside

NEGG Last Price Targets
Newegg Commerce Inc

The latest public price target was made on Feb 6, 2023 by Unknown Analyst from Loop Capital Markets , who expects NEGG stock to rise by 321% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Unknown Analyst
Loop Capital Markets
3.5 USD
Upside 321%
1 year ago
Feb 6, 2023
Noble Capital Markets Initiates Coverage On Newegg Commerce with Outperform Rating, Announces Price Target of $3.5
Benzinga
Unknown Analyst
Loop Capital Markets
Price Target 3.5 USD
Upside/Downside 321%
View Source
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Revenue
Forecast

Revenue Estimate
Newegg Commerce Inc

For the last 8 years the compound annual growth rate for Newegg Commerce Inc's revenue is 123%. The projected CAGR for the next 2 years is -4%.

123%
Past Growth
-4%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Newegg Commerce Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Newegg Commerce Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NEGG's stock price target?
Price Target
3.06 USD

According to Wall Street analysts, the average 1-year price target for NEGG is 3.06 USD with a low forecast of 3.03 USD and a high forecast of 3.15 USD.

What is Newegg Commerce Inc's Revenue forecast?
Projected CAGR
-4%

For the last 8 years the compound annual growth rate for Newegg Commerce Inc's revenue is 123%. The projected CAGR for the next 2 years is -4%.