Gogoro Inc has a consensus price target of $1.35 based on the ratings of 3 analysts. The high is $2.2 issued by JP Morgan on December 13, 2023. The low is $0.5 issued by Citigroup on November 15, 2024. The 3 most-recent analyst ratings were released by Citigroup, JP Morgan, and Citigroup on November 15, 2024, December 13, 2023, and May 12, 2023, respectively. With an average price target of $3 between Citigroup, JP Morgan, and Citigroup, there's an implied 534.92% upside for Gogoro Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Gogoro (NASDAQ:GGR) was reported by Citigroup on November 15, 2024. The analyst firm set a price target for $0.50 expecting GGR to rise to within 12 months (a possible 5.82% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Gogoro (NASDAQ:GGR) was provided by Citigroup, and Gogoro downgraded their neutral rating.
The last upgrade for Gogoro Inc happened on December 13, 2023 when JP Morgan raised their price target to $2.2. JP Morgan previously had an underweight for Gogoro Inc.
The last downgrade for Gogoro Inc happened on November 15, 2024 when Citigroup changed their price target from $2.3 to $0.5 for Gogoro Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Gogoro, 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 Gogoro was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Gogoro (GGR) rating was a downgraded with a price target of $2.30 to $0.50. The current price Gogoro (GGR) is trading at is $0.47, which is out of the analyst’s predicted range.
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