How Does Eargo Inc (EAR) Stock Rank on Wall Street Friday?

Friday, June 24, 2022 03:28 PM | InvestorsObserver Analysts

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How Does Eargo Inc (EAR) Stock Rank on Wall Street Friday?

Wall Street is positive on Eargo Inc (EAR). On average, analysts give Eargo Inc a Hold rating. The average price target is $10.5, which means analysts expect the stock to add by 805.17% over the next twelve months. That average ranking earns Eargo Inc an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

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

See Full EAR Report

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Eargo Inc Stock Today?

Eargo Inc (EAR) stock has fallen -1.69% while the S&P 500 is higher by 2.63% as of 3:27 PM on Friday, Jun 24. EAR has fallen -$0.02 from the previous closing price of $1.18 on volume of 858,363 shares. Over the past year the S&P 500 is lower by -8.70% while EAR has fallen -96.91%. EAR lost -$4.46 per share the over the last 12 months. Click Here to get the full Stock Report for Eargo Inc stock.