Brightcove Inc has a consensus price target of $3.98 based on the ratings of 2 analysts. The high is $4.45 issued by Rosenblatt on November 25, 2024. The low is $3.5 issued by Lake Street on November 5, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, Lake Street, and Lake Street on November 25, 2024, November 5, 2024, and February 23, 2024, respectively. With an average price target of $3.65 between Rosenblatt, Lake Street, and Lake Street, there's an implied -17.79% downside for Brightcove Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Brightcove (NASDAQ:BCOV) was reported by Rosenblatt on November 25, 2024. The analyst firm set a price target for $4.45 expecting BCOV to rise to within 12 months (a possible 0.23% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Brightcove (NASDAQ:BCOV) was provided by Rosenblatt, and Brightcove downgraded their neutral 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 November 25, 2024 when Rosenblatt changed their price target from $5 to $4.45 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 25, 2024 so you should expect the next rating to be made available sometime around November 25, 2025.
While ratings are subjective and will change, the latest Brightcove (BCOV) rating was a downgraded with a price target of $5.00 to $4.45. The current price Brightcove (BCOV) is trading at is $4.44, which is out of the analyst’s predicted range.
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