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Envestnet (ENV) Stock Forecast & Price Target

$61.61
+0.05 (+0.08%)
(As of 07/17/2024 ET)

Envestnet - 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 8 Wall Street analysts who have issued ratings for Envestnet in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 5 have given a hold rating, and 3 have given a buy rating for ENV.

Consensus Price Target

$62.45
1.36% Upside
High Forecast$79.00
Average Forecast$62.45
Low Forecast$45.00

According to the 8 analysts' twelve-month price targets for Envestnet, the average price target is $62.45. The highest price target for ENV is $79.00, while the lowest price target for ENV is $45.00. The average price target represents a forecasted upside of 1.36% from the current price of $61.61.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$62.45$64.14$63.67$65.43
Forecasted Upside1.36% Upside15.31% Upside21.49% Upside13.58% Upside
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ENV 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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ENV 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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Envestnet Stock vs. The Competition

TypeEnvestnetBusiness Services CompaniesS&P 500
Consensus Rating Score
2.38
2.64
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside1.36% Upside136.17% Upside7.87% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024UBS Group
3 of 5 stars
A. Kramm
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Reiterated RatingBuy ➝ Neutral$75.00 ➝ $63.15+2.12%
7/11/2024William Blair
2 of 5 stars
J. Schmitt
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Reiterated RatingOutperform ➝ Market Perform
5/8/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$56.00 ➝ $64.00-0.11%
5/8/2024Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold$47.00 ➝ $59.00-5.90%
4/17/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$79.00+26.87%
4/2/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$52.00 ➝ $60.00+5.26%
4/2/2024DA Davidson
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 Boost TargetBuy ➝ Buy$62.00 ➝ $67.00+17.54%
2/23/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$44.00 ➝ $45.00-13.24%
10/3/2022The Goldman Sachs Group
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 Lower TargetNeutral$65.00 ➝ $56.00+23.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:49 PM ET.

ENV Forecast - Frequently Asked Questions

What is Envestnet's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Envestnet is $62.45, with a high forecast of $79.00 and a low forecast of $45.00.

Should I buy or sell Envestnet stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ENV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENV, but not buy additional shares or sell existing shares.

Does Envestnet's stock price have much upside?

According to analysts, Envestnet's stock has a predicted upside of 4.90% based on their 12-month stock forecasts.

Has Envestnet been upgraded by Wall Street analysts recently?

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

What analysts cover Envestnet?

Envestnet has been rated by research analysts at Jefferies Financial Group, Royal Bank of Canada, UBS Group, and William Blair in the past 90 days.

Do Wall Street analysts like Envestnet more than its competitors?

Analysts like Envestnet less than other "business services" companies. The consensus rating for Envestnet is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how ENV compares to other companies.


This page (NYSE:ENV) was last updated on 7/17/2024 by MarketBeat.com Staff

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