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Groupon (GRPN) Stock Forecast & Price Target

$17.99
+0.53 (+3.04%)
(As of 07/26/2024 ET)

Groupon - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Groupon in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 2 have given a sell rating, 1 has given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for GRPN.

Consensus Price Target

$14.30
-20.51% Downside
High Forecast$28.00
Average Forecast$14.30
Low Forecast$6.00

According to the 6 analysts' twelve-month price targets for Groupon, the average price target is $14.30. The highest price target for GRPN is $28.00, while the lowest price target for GRPN is $6.00. The average price target represents a forecasted downside of -20.51% from the current price of $17.99.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
Consensus Rating
Hold
Reduce
Reduce
Sell
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$14.30$12.38$12.38$7.98
Forecasted Upside-20.51% Downside32.41% Upside32.41% Upside17.23% Upside
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GRPN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GRPN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Groupon Stock vs. The Competition

TypeGrouponRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.33
2.45
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-20.51% Downside52.27% Upside9.18% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/25/2024Roth Mkm
1 of 5 stars
 Reiterated RatingBuy ➝ Buy$28.00 ➝ $28.00+56.60%
7/10/2024Northland Capmk
0 of 5 stars
B. Brooks
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UpgradeStrong-Buy
7/10/2024Northland Securities
4 of 5 stars
 Initiated CoverageOutperform$22.00+59.07%
1/19/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSell ➝ Sell$5.00 ➝ $7.50-36.55%
8/11/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$3.40 ➝ $8.00+5.33%
8/10/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$4.00 ➝ $6.00-24.43%
9/15/2022Ascendiant Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$18.00+61.73%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:29 AM ET.

GRPN Forecast - Frequently Asked Questions

What is Groupon's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Groupon is $14.30, with a high forecast of $28.00 and a low forecast of $6.00.

Should I buy or sell Groupon stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Groupon in the last twelve months. There are currently 2 sell ratings, 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GRPN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRPN, but not buy additional shares or sell existing shares.

Does Groupon's stock price have much upside?

According to analysts, Groupon's stock has a predicted upside of 21.05% based on their 12-month stock forecasts.

Has Groupon been upgraded by Wall Street analysts recently?

Over the previous 90 days, Groupon's stock had 1 upgrade by analysts.

What analysts cover Groupon?

Groupon has been rated by research analysts at Northland Capmk, Northland Securities, and Roth Mkm in the past 90 days.

Do Wall Street analysts like Groupon more than its competitors?

Analysts like Groupon less than other "retail/wholesale" companies. The consensus rating score for Groupon is 2.33 while the average consensus rating score for "retail/wholesale" companies is 2.45. Learn more on how GRPN compares to other companies.


This page (NASDAQ:GRPN) was last updated on 7/27/2024 by MarketBeat.com Staff

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