Edgio Inc has a consensus price target of $5.4 based on the ratings of 6 analysts. The high is $10 issued by Craig-Hallum on April 19, 2024. The low is $1.5 issued by Lake Street on July 20, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum, DA Davidson, and DA Davidson on April 19, 2024, March 18, 2024, and August 16, 2023, respectively. With an average price target of $5.92 between Craig-Hallum, DA Davidson, and DA Davidson, there's an implied -41.24% downside for Edgio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/19/2024 | Buy Now | -0.7% | Craig-Hallum | Jeff Van Rhee | $30 → $10 | Maintains | Hold | Get Alert |
03/18/2024 | Buy Now | -30.49% | DA Davidson | Rudy Kessinger | $8.5 → $7 | Maintains | Neutral | Get Alert |
08/16/2023 | Buy Now | -92.55% | DA Davidson | Rudy Kessinger | → $30 | Reiterates | Neutral → Neutral | Get Alert |
07/20/2023 | Buy Now | -85.1% | Lake Street | Eric Martinuzzi | $80 → $60 | Maintains | Buy | Get Alert |
06/30/2023 | Buy Now | -92.55% | DA Davidson | Rudy Kessinger | → $30 | Maintains | Neutral | Get Alert |
03/13/2023 | Buy Now | -90.07% | DA Davidson | Rudy Kessinger | $50 → $40 | Maintains | Neutral | Get Alert |
03/13/2023 | Buy Now | -90.07% | Craig-Hallum | Jeff Van Rhee | $100 → $40 | Downgrade | Buy → Hold | Get Alert |
12/21/2022 | Buy Now | -87.59% | DA Davidson | Rudy Kessinger | $68 → $50 | Maintains | Neutral | Get Alert |
11/11/2022 | Buy Now | -40.42% | Raymond James | Frank Louthan | $320 → $240 | Maintains | Strong Buy | Get Alert |
11/10/2022 | Buy Now | -83.12% | DA Davidson | Rudy Kessinger | $130 → $68 | Maintains | Neutral | Get Alert |
11/10/2022 | Buy Now | — | Northland Capital Markets | Michael Latimore | — | Downgrade | Outperform → Market Perform | Get Alert |
11/10/2022 | Buy Now | -75.17% | Cowen & Co. | Michael Elias | $230 → $100 | Downgrade | Outperform → Market Perform | Get Alert |
06/21/2022 | Buy Now | -50.35% | Cowen & Co. | Michael Elias | $220 → $200 | Maintains | Outperform | Get Alert |
The latest price target for Edgio (NASDAQ:EGIO) was reported by Craig-Hallum on April 19, 2024. The analyst firm set a price target for $10.00 expecting EGIO to fall to within 12 months (a possible -0.70% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Edgio (NASDAQ:EGIO) was provided by Craig-Hallum, and Edgio maintained their hold rating.
There is no last upgrade for Edgio
The last downgrade for Edgio Inc happened on March 13, 2023 when Craig-Hallum changed their price target from $2.5 to $1 for Edgio Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Edgio, 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 Edgio was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Edgio (EGIO) rating was a maintained with a price target of $30.00 to $10.00. The current price Edgio (EGIO) is trading at is $10.07, which is out of the analyst’s predicted range.
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