Edgio Stock Target Price and Analyst Consensus

EGIO Stock  USD 0.02  0.00  0.00%   
The current analyst and expert consensus on Edgio is Hold, with no strong buy opinions. The current projected Edgio target price consensus is 2.12 with 2 analyst opinions. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The most common way Edgio Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Edgio executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Edgio. We encourage you to use your own analysis of Edgio Inc to validate this buy or sell advice. Edgio buy-or-sell recommendation module provides average expert sentiment on the projected Edgio Inc target price to derive its highest and lowest estimates based on projected price volatility of 236.5151.
Lowest Forecast
1.93
Highest Forecast
2.35
Target Price
2.12
As of the 30th of November 2024, Gross Profit Margin is likely to grow to 0.45, while Gross Profit is likely to drop about 63.6 M. At this time, Edgio's Short and Long Term Debt Total is very stable compared to the past year. As of the 30th of November 2024, Other Current Liabilities is likely to grow to about 99.6 M, while Total Stockholder Equity is likely to drop about 166.8 M.
  
It's important to approach Edgio's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Edgio price targets

Edgio's stock target price is an estimate of its future price, usually made by analysts. Using Edgio's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Edgio's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Edgio's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Edgio Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Edgio is a key component of Edgio valuation and have some predictive power on the future returns of a Edgio.
Hype
Prediction
LowEstimatedHigh
0.000.0251.02
Details
Intrinsic
Valuation
LowRealHigh
0.030.5451.54
Details
Naive
Forecast
LowNextHigh
00.15236.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-2.52-2.52-2.52
Details

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When determining whether Edgio Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edgio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edgio Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edgio Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.