The latest price target for PetMed Express (NASDAQ:PETS) was reported by Lake Street on August 7, 2024. The analyst firm set a price target for $3.50 expecting PETS to fall to within 12 months (a possible -34.21% downside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for PetMed Express (NASDAQ:PETS) was provided by Lake Street, and PetMed Express downgraded their hold rating.

The last upgrade for PetMed Express Inc happened on January 20, 2022 when Sidoti & Co. raised their price target to $32. Sidoti & Co. previously had a neutral for PetMed Express Inc.

The last downgrade for PetMed Express Inc happened on August 7, 2024 when Lake Street changed their price target from $7 to $3.5 for PetMed Express Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PetMed Express, 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 PetMed Express was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.

While ratings are subjective and will change, the latest PetMed Express (PETS) rating was a downgraded with a price target of $7.00 to $3.50. The current price PetMed Express (PETS) is trading at is $5.32, which is out of the analyst’s predicted range.