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

Stitch Fix, Inc. 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%.

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