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XPEL Inc has a consensus price target of $67.33 based on the ratings of 3 analysts. The high is $104 issued by EF Hutton on October 12, 2023. The low is $40 issued by Craig-Hallum on May 3, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Craig-Hallum, and B. Riley Securities on August 9, 2024, May 3, 2024, and May 3, 2024, respectively. With an average price target of $45 between B. Riley Securities, Craig-Hallum, and B. Riley Securities, there's an implied 9.09% upside for XPEL Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for XPEL (NASDAQ:XPEL) was reported by B. Riley Securities on August 9, 2024. The analyst firm set a price target for $58.00 expecting XPEL to rise to within 12 months (a possible 40.61% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for XPEL (NASDAQ:XPEL) was provided by B. Riley Securities, and XPEL upgraded their buy rating.
The last upgrade for XPEL Inc happened on August 9, 2024 when B. Riley Securities raised their price target to $58. B. Riley Securities previously had a neutral for XPEL Inc.
The last downgrade for XPEL Inc happened on May 3, 2024 when Craig-Hallum changed their price target from $60 to $40 for XPEL Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of XPEL, 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 XPEL was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest XPEL (XPEL) rating was a upgraded with a price target of $37.00 to $58.00. The current price XPEL (XPEL) is trading at is $41.25, which is within the analyst’s predicted range.
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