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Hello Group Inc has a consensus price target of $9.03 based on the ratings of 7 analysts. The high is $13 issued by Benchmark on September 4, 2024. The low is $5.7 issued by Citigroup on May 29, 2024. The 3 most-recent analyst ratings were released by Benchmark, Jefferies, and JP Morgan on September 4, 2024, September 3, 2024, and June 3, 2024, respectively. With an average price target of $8.67 between Benchmark, Jefferies, and JP Morgan, there's an implied 32.11% upside for Hello Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hello Gr (NASDAQ:MOMO) was reported by Benchmark on September 4, 2024. The analyst firm set a price target for $13.00 expecting MOMO to rise to within 12 months (a possible 98.17% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Hello Gr (NASDAQ:MOMO) was provided by Benchmark, and Hello Gr maintained their buy rating.
The last upgrade for Hello Group Inc happened on April 28, 2023 when UBS raised their price target to $12.5. UBS previously had a neutral for Hello Group Inc.
The last downgrade for Hello Group Inc happened on June 3, 2024 when JP Morgan changed their price target from $13 to $6 for Hello Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hello Gr, 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 Hello Gr was filed on September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.
While ratings are subjective and will change, the latest Hello Gr (MOMO) rating was a maintained with a price target of $15.00 to $13.00. The current price Hello Gr (MOMO) is trading at is $6.56, which is out of the analyst’s predicted range.
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