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Matterport Inc has a consensus price target of $5.64 based on the ratings of 8 analysts. The high is $13 issued by Credit Suisse on March 24, 2022. The low is $3 issued by Morgan Stanley on November 7, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, Loop Capital, and Piper Sandler on April 23, 2024, April 23, 2024, and April 22, 2024, respectively. With an average price target of $5.5 between Northland Capital Markets, Loop Capital, and Piper Sandler, there's an implied 16.77% upside for Matterport Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Matterport (NASDAQ:MTTR) was reported by Northland Capital Markets on April 23, 2024. The analyst firm set a price target for $5.50 expecting MTTR to rise to within 12 months (a possible 16.77% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Matterport (NASDAQ:MTTR) was provided by Northland Capital Markets, and Matterport downgraded their market perform rating.
There is no last upgrade for Matterport
The last downgrade for Matterport Inc happened on April 23, 2024 when Northland Capital Markets changed their price target from N/A to $5.5 for Matterport Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matterport, 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 Matterport was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest Matterport (MTTR) rating was a downgraded with a price target of $0.00 to $5.50. The current price Matterport (MTTR) is trading at is $4.71, which is within the analyst’s predicted range.
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