Smart Share Global Ltd has a consensus price target of $1.2 based on the ratings of 2 analysts. The high is $1.4 issued by Goldman Sachs on June 28, 2022. The low is $1 issued by Citigroup on April 10, 2024. The 3 most-recent analyst ratings were released by Citigroup, Goldman Sachs, and Citigroup on April 10, 2024, June 28, 2022, and June 21, 2022, respectively. With an average price target of $1.47 between Citigroup, Goldman Sachs, and Citigroup, there's an implied 104.84% upside for Smart Share Global Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Smart Share Glb (NASDAQ:EM) was reported by Citigroup on April 10, 2024. The analyst firm set a price target for $1.00 expecting EM to rise to within 12 months (a possible 39.66% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Smart Share Glb (NASDAQ:EM) was provided by Citigroup, and Smart Share Glb maintained their buy rating.
There is no last upgrade for Smart Share Glb
The last downgrade for Smart Share Global Ltd happened on June 28, 2022 when Goldman Sachs changed their price target from $3.8 to $1.4 for Smart Share Global Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Smart Share Glb, 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 Smart Share Glb was filed on April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.
While ratings are subjective and will change, the latest Smart Share Glb (EM) rating was a maintained with a price target of $1.10 to $1.00. The current price Smart Share Glb (EM) is trading at is $0.72, which is out of the analyst’s predicted range.
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