Brightcove Inc has a consensus price target of $4.25 based on the ratings of 2 analysts. The high is $5 issued by Rosenblatt on February 23, 2024. The low is $3.5 issued by Lake Street on November 5, 2024. The 3 most-recent analyst ratings were released by Lake Street, Lake Street, and Rosenblatt on November 5, 2024, February 23, 2024, and February 23, 2024, respectively. With an average price target of $3.83 between Lake Street, Lake Street, and Rosenblatt, there's an implied 27.35% upside for Brightcove Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Brightcove (NASDAQ:BCOV) was reported by Lake Street on November 5, 2024. The analyst firm set a price target for $3.50 expecting BCOV to rise to within 12 months (a possible 16.28% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Brightcove (NASDAQ:BCOV) was provided by Lake Street, and Brightcove upgraded their buy rating.
The last upgrade for Brightcove Inc happened on November 5, 2024 when Lake Street raised their price target to $3.5. Lake Street previously had a hold for Brightcove Inc.
The last downgrade for Brightcove Inc happened on February 23, 2024 when Lake Street changed their price target from N/A to $3 for Brightcove Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Brightcove, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Brightcove was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest Brightcove (BCOV) rating was a upgraded with a price target of $2.75 to $3.50. The current price Brightcove (BCOV) is trading at is $3.01, which is within the analyst’s predicted range.
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