Analysts rate Poshmark Inc.(POSH:NSD) with a Buy, $25 Target

STA Research
by: STA Research

Analysts rate Poshmark Inc. with a Buy rating and a 12-month average target price of $25.33 per share.

Jefferies Financial initiated Poshmark Inc. with a Hold rating, with no target forecast.

The previous analyst reports on the company were Guggenheim Securities initiating coverage with a rating of Neutral, and a target set at $22 per share.

Cowen’s latest report on the company was a downgrade to  Market Perform from Outperform.

Based on the Poshmark Inc stock forecasts from 12 analysts, the average analyst target price for Poshmark Inc is USD 25.33 over the next 12 months. Poshmark Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Poshmark Inc is Very Bearish, which is based on 0 positive signals and 3 negative signals. At the last closing, Poshmark Inc’s stock price was USD 12.54. Poshmark Inc’s stock price has changed by +1.55% over the past week, -1.92% over the past month and -72.54% over the last year.

Poshmark just posted it’s fourth-quarter earnings, and reported net revenue of $84.2 million exceeded its own prediction of $82 million — as well as analyst expectations of $80.6 million — representing a 22 percent year-over-year increase. Gross merchandise value increased by 27% to $490.8 million from $387.2 million in the fourth quarter of 2021.

Our view of the stock is Very Bearish with a score of 0 out of 10, where 0 is very bearish and 10 very bullish

What we like:

There is no particular fundamental attribute that we see as a positive catalyst for this stock.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

 

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