Estimate momentum remains flat. Wall Street’s Q4 EPS consensus of $0.31 has held steady over the past seven days, with no upward or downward revisions recorded. The estimate range spans $0.23 to $0.36, reflecting a 57% spread between the most bearish and most bullish analyst projections. Ten analysts cover the quarter, with revenue estimates clustered tightly between $646.8 million and $654.6 million.
Wall Street leans bullish. The analyst consensus shows 10 Buy-equivalent ratings (4 Strong Buy, 6 Buy) against just 2 Hold ratings, with no Sell or Strong Sell recommendations. This 83% Buy-side tilt suggests the Street views the current $15.40 share price as an attractive entry point relative to the company’s growth trajectory.
Fresh coverage drives recent activity. Five major firms initiated coverage on March 2, establishing a bullish baseline. JP Morgan led with an Overweight rating and $29 price target, implying 88% upside from current levels. Bank of America Securities and UBS both assigned Buy ratings with $28 and $27 targets, respectively. RBC Capital’s Outperform rating carries a $26 target, while Goldman Sachs took a more cautious stance with a Neutral rating and $25 target.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.