Investing.com UK - Financial Markets Worldwide
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Stitch Fix Likely To Narrower Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Published 15/09/2023, 08:04
© Reuters. Stitch Fix Likely To Narrower Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
SFIX
-

Benzinga - by Lisa Levin, Benzinga Editor.

Stitch Fix, Inc. (NASDAQ: SFIX) is expected to report its financial results for its fourth quarter, after the closing bell on Sept. 18, 2023.

Analysts expect the company to post a quarterly loss at 21 cents per share, compared to a year-ago loss of 64 cents per share. The company’s revenue might come in at $371.36 million, compared to $481.9 million in the year-ago period.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Canaccord Genuity analyst Maria Ripps reiterated a Hold rating with a price target of $5 on June 7, 2023. This analyst has an accuracy rate of 70%.
  • Wedbush analyst Tom Nikic reiterated a Neutral rating with a price target of $4 on June 7, 2023. This analyst has an accuracy rate of 62%.
  • Wells Fargo analyst Ike Boruchow upgraded the stock from Underweight to Equal-Weight rating with a price target of $4 on Jan. 6, 2023. This analyst has an accuracy rate of 65%.
  • UBS analyst Joseph Parkhill maintained a Neutral rating and lowered the price target from $4.3 to $4.2 on Dec. 7, 2022. This analyst has an accuracy rate of 64%.
  • Truist Securities analyst Youssef Squali maintained a Hold rating and cut the price target from $6 to $5 on Dec. 7, 2022. This analyst has an accuracy rate of 81%.
Read This Next: Top 5 Tech And Telecom Stocks You'll Regret Missing This Month

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.