NYSE:PING

Ping Identity (PING) Price Target & Analyst Ratings

$27.97

-0.03 (-0.11%)

(As of 08/5/2022 08:49 PM ET)

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Today's Range: $27.89
▼
$27.99
50-Day Range: $16.48
▼
$28.08
52-Week Range: $15.85
▼
$30.40

Volume: 3.95 million shs
Average Volume: 1.30 million shs
Market Capitalization: $2.39 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $28.68

Ping Identity Consensus Rating and Price Target (2022)

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 Analyst Rating

Hold
Based on 15 Analyst Ratings

Consensus Analyst Price Target

$28.68
2.53% Upside

High Prediction	$44.00
Average Prediction	$28.68
Low Prediction	$19.00

Type	Current 8/8/21 to 8/8/22	1 Month Ago 7/9/21 to 7/9/22	3 Months Ago 5/10/21 to 5/10/22	1 Year Ago 8/8/20 to 8/8/21
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	5 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	8 Buy rating(s)
Hold	10 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$28.68	$33.00	$33.00	$34.20
Predicted Upside	2.53% Upside	32.99% Upside	32.99% Upside	24.22% Upside

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PING Analyst Ratings 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.

PING 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.

Ping Identity Stock vs. The Competition

Type	Ping Identity	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.33	2.59	2.50
Consensus Rating	Hold	Buy	Hold
Predicted Upside	2.53% Upside	101.60% Upside	18.64% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 140 66.67% Underperform Votes 70 33.33%	Avg. Outperform Votes 224 67.27% Avg. Underperform Votes 109 32.73%	Avg. Outperform Votes 840 68.74% Avg. Underperform Votes 382 31.26%

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/4/2022	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$25.00 ➝ $28.50	+2.08%
8/4/2022	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
8/4/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
8/4/2022	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
8/3/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
8/3/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Downgrade
8/3/2022	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Kessinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/3/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Downgrade
8/1/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$33.00 ➝ $25.00	-10.46%
7/29/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$28.00 ➝ $19.00	+9.20%

7/28/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Strong-Buy ➝ Market Perform
7/13/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$25.00 ➝ $20.00	+9.41%
4/12/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$28.00 ➝ $31.00	+10.01%
2/25/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$25.00 ➝ $21.00	+3.50%
9/23/2021	Colliers Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Catharine Trebnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$35.00	+32.78%
6/11/2021	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
3/3/2021	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Neutral	$34.00 ➝ $30.00	+21.85%
11/5/2020	Pritchard Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$40.00 ➝ $35.00	+25.27%
7/7/2020	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$26.00 ➝ $35.00	+10.97%
6/23/2020	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$33.00	-0.81%
4/16/2020	Dougherty & Co Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
1/28/2020	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$26.00 ➝ $32.00	+31.74%
10/14/2019	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$21.00	+27.58%

(Data available from 8/8/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Ping Identity Price Target - Frequently Asked Questions

What is Ping Identity's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for Ping Identity stock is Hold based on the current 10 hold ratings and 5 buy ratings for PING. The average twelve-month price prediction for Ping Identity is $28.68 with a high price target of $44.00 and a low price target of $19.00. Learn more on PING's analyst rating history.
Do Wall Street analysts like Ping Identity more than its competitors?: Analysts like Ping Identity less than other Computer and Technology companies. The consensus rating for Ping Identity is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how PING compares to other companies.
Do MarketBeat users like Ping Identity more than its competitors?: MarketBeat users like Ping Identity less than other Computer and Technology companies. 66.67% of MarketBeat users gave Ping Identity an outperform vote while computer and technology companies recieve an average of 67.08% outperform votes by MarketBeat users.

Is Ping Identity being downgraded by Wall Street analysts?: Over the previous 90 days, Ping Identity's stock had 7 downgrades by analysts.
Does Ping Identity's stock price have much upside?: According to analysts, Ping Identity's stock has a predicted upside of 22.69% based on their 12-month price targets.
What analysts cover Ping Identity?: Ping Identity has been rated by Bank of America, Barclays, BTIG Research, DA Davidson, KeyCorp, Mizuho, Piper Sandler, Raymond James, Royal Bank of Canada, Stephens, Stifel Nicolaus, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:PING) was last updated on 8/8/2022 by MarketBeat.com Staff

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