Wag! Group (PET) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wag! Group in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PET shares.
View PET analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12 month target prices for Wag! Group's shares. Their PET share price forecasts range from $5.00 to $10.00. On average, they expect the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 257.1% from the stock's current price.
View analysts price targets for PET or view top-rated stocks among Wall Street analysts.

Wag! Group's stock was trading at $3.08 at the beginning of 2023. Since then, PET stock has decreased by 38.6% and is now trading at $1.89.
View the best growth stocks for 2023 here.

Wag! Group saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 25,100 shares, a drop of 22.0% from the August 15th total of 32,200 shares. Based on an average daily volume of 76,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the company's shares are short sold.
View Wag! Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our PET earnings forecast.

Wag! Group Co. (NASDAQ:PET) posted its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.02. The company had revenue of $19.82 million for the quarter, compared to analysts' expectations of $19.45 million. Wag! Group had a negative net margin of 58.72% and a negative trailing twelve-month return on equity of 500.57%.

Wag! Group updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $80.00 million-$84.00 million, compared to the consensus revenue estimate of $82.59 million.

Wag! Group trades on the NASDAQ under the ticker symbol "PET."

Wag! Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Liberty Street Advisors Inc. (1.00%), Renaissance Technologies LLC (0.33%), Geode Capital Management LLC (0.24%), Wealthspire Advisors LLC (0.16%), BlackRock Inc. (0.10%) and Radcliffe Capital Management L.P. (0.07%). Insiders that own company stock include Adam Storm, Alec Davidian, Brian Yee, David Cane, Dylan Allread, Garrett Smallwood, Maziar Arjomand, Nicholas Yu and Scott Stanford.
View institutional ownership trends.

Shares of PET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PET stock can currently be purchased for approximately $1.89.

Wag! Group (NASDAQ:PET) has a market capitalization of $73.30 million and generates $72.86 million in revenue each year. The company earns $-38,570,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis.

The official website for the company is www.wagwalking.com. The company can be reached via phone at 707-324-4219 or via email at ir@wagwalking.com.