ROVER GROUP INC (ROVR) Forecast, Price Target & Analyst Ratings
NASDAQ:ROVR • US77936F1030
10.99 USD
0 (0%)
At close: Feb 26, 2024
10.99 USD
0 (0%)
After Hours: 2/26/2024, 8:00:02 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ROVER GROUP INC (ROVR).
Forecast Snapshot
Consensus Price Target
$10.54
-4.09% Downside
Next Earnings Forecast
Release DateMay 6, 2024
PeriodQ4 / 2023
EPS Estimate$0.06
Revenue Estimate66.744M
ChartMill Buy Consensus
72.31%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$10.54
Upside
-4.09%
From current price of $10.99 to mean target of $10.54, Based on 13 analyst forecasts
Low
$8.08
Median
$11.22
High
$11.55
Price Target Revisions
1 Month
0.00%
3 Months
32.12%
Price Target Summary
13 Wall Street analysts provided a forecast for the next 12 months for ROVR. The average price target is 10.54 USD. This implies a price decrease of -4.09% is expected in the next year compared to the current price of 10.99.
The average price target has been revised upward by 32.12% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
72.31%
ROVR was analyzed by 13 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about ROVR.
In the previous month the buy percentage consensus was at a similar level.
ROVR was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-30 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-29 | William Blair | Downgrade | Outperform -> Market Perform |
| 2023-11-29 | JMP Securities | Downgrade | Market Outperform -> Market Perform |
| 2023-11-20 | JMP Securities | Maintains | Market Outperform -> Market Outperform |
| 2023-11-08 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-07 | JP Morgan | Maintains | Neutral -> Neutral |
| 2023-11-07 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2023-08-03 | DA Davidson | Maintains | Buy -> Buy |
| 2023-08-02 | JMP Securities | Maintains | Outperform -> Outperform |
| 2023-08-02 | JP Morgan | Maintains | Neutral -> Neutral |
| 2023-08-02 | Canaccord Genuity | Maintains | Buy -> Buy |
| 2023-08-02 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2023-08-02 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-05-09 | JMP Securities | Reiterate | Market Outperform |
| 2023-05-09 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-04-14 | JMP Securities | Reiterate | Market Outperform |
| 2023-02-28 | Canaccord Genuity | Maintains | Buy |
| 2023-01-18 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-01-11 | JMP Securities | Maintains | Market Outperform |
| 2022-11-09 | DA Davidson | Maintains | Buy |
| 2022-11-08 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-10-25 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-08-09 | Gordon Haskett | Downgrade | Buy -> Hold |
| 2022-08-08 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-07-15 | Goldman Sachs | Initiate | Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 6, 2024
PeriodQ4 / 2023
EPS Estimate$0.06
Revenue Estimate66.744M
Revenue Q2Q28.47%
EPS Q2Q95.50%
Number of Analysts10
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
ROVR is expected to report earnings on 5/6/2024. The consensus EPS estimate for the next earnings is 0.06 USD and the consensus revenue estimate is 66.74M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 109.837M | 174.01M 58.43% | 236.2M 35.74% | 286.56M 21.32% | 342.06M 19.37% | 402.33M 17.62% | 466.08M 15.85% | 549.84M 17.97% | ||
| EBITDA YoY % growth | N/A | -2.479M | -16.527M -566.68% | 47.87M 389.65% | 64.007M 33.71% | 84.535M 32.07% | 102.47M 21.22% | 127.66M 24.58% | 169.98M 33.15% | |
| EBIT YoY % growth | -115K | -17.162M -14,823.48% | -29.417M -71.41% | 9.742M 133.12% | 34.119M 250.23% | 51.572M 51.15% | 50.512M -2.06% | 69.392M 37.38% | 123.55M 78.05% | |
| Operating Margin | N/A | -15.62% | -16.91% | 4.12% | 11.91% | 15.08% | 12.55% | 14.89% | 22.47% | |
| EPS YoY % growth | N/A | N/A | -0.14 81.82% | 0.09 162.45% | 0.16 81.67% | 0.24 50.12% | 0.50 109.63% | 0.67 34.69% | 0.87 28.79% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.06 95.50% | -0.02 27.14% | 0.04 | 0.07 25.14% | 0.08 29.20% | -0.01 53.34% | 0.07 93.10% | 0.13 96.23% | 0.14 88.45% |
| Revenue Q2Q % growth | 66.744M 28.47% | 52.234M 27.03% | 71.198M 21.65% | 80.457M 21.53% | 80.508M 20.62% | 60.082M 15.02% | 84.228M 18.30% | 89.592M 11.35% | 92.34M 14.70% |
| EBITDA Q2Q % growth | 18.49M 17.57% | 2.969M 175.55% | 15.055M 92.72% | 21.746M 20.70% | 23.045M 24.63% | 5.582M 88.01% | 20.612M 36.91% | 26.989M 24.11% | 30.639M 32.95% |
| EBIT Q2Q % growth | 11.277M 297.50% | -5.309M 25.90% | 6.314M 390.98% | 13.557M 61.87% | 12.914M 14.52% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
54.71%
EPS Next 5 Year
46.76%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
24.86%
Revenue Next 5 Year
21.54%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
68.11%
EBIT Next 5 Year
43.83%
ROVER GROUP INC / ROVR Forecast FAQ
What do analysts expect the price target to be for ROVER GROUP INC (ROVR)?
13 analysts have analysed ROVR and the average price target is 10.54 USD. This implies a price decrease of -4.09% is expected in the next year compared to the current price of 10.99.
When does ROVER GROUP INC (ROVR) report earnings?
ROVER GROUP INC (ROVR) will report earnings on 2024-05-06, after the market close.
What are the consensus estimates for ROVR stock next earnings?
The consensus EPS estimate for the next earnings of ROVER GROUP INC (ROVR) is 0.06 USD and the consensus revenue estimate is 66.74M USD.
Can you provide the expected long term growth rate for ROVER GROUP INC stock?
The expected long term growth rate for ROVER GROUP INC (ROVR) is 24.86%.