Do Analysts Expect Poshmark Inc (POSH) Stock to Rise After It Is Lower By -13.89% in a Month?

Tuesday, May 24, 2022 11:49 AM | InvestorsObserver Analysts

Mentioned in this article

Do Analysts Expect Poshmark Inc (POSH) Stock to Rise After It Is Lower By -13.89% in a Month?

InvestorsObserver is giving Poshmark Inc (POSH) an Analyst Rating Rank of 17, meaning POSH is ranked higher by analysts than 17% of stocks. The average price target for POSH is $19.9 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating POSH a Buy today. Find out what this means to you and get the rest of the rankings on POSH!

See Full POSH Report

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Poshmark Inc Stock Today?

Poshmark Inc (POSH) stock is trading at $10.60 as of 11:46 AM on Tuesday, May 24, a drop of -$0.72, or -6.36% from the previous closing price of $11.32. The stock has traded between $10.31 and $10.93 so far today. Volume today is less active than usual. So far 180,263 shares have traded compared to average volume of 1,212,440 shares. Click Here to get the full Stock Report for Poshmark Inc stock.