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Expensify (EXFY) Stock Forecast & Price Target

$2.24
0.00 (0.00%)
(As of 09/6/2024 ET)

Expensify - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 5 Wall Street analysts who have issued ratings for Expensify in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 1 has given a sell rating, 2 have given a hold rating, and 2 have given a buy rating for EXFY.

Consensus Price Target

$2.63
17.19% Upside
High Forecast$4.00
Average Forecast$2.63
Low Forecast$2.00

According to the 5 analysts' twelve-month price targets for Expensify, the average price target is $2.63. The highest price target for EXFY is $4.00, while the lowest price target for EXFY is $2.00. The average price target represents a forecasted upside of 17.19% from the current price of $2.24.

TypeCurrent Forecast
9/8/23 to 9/7/24
1 Month Ago
8/9/23 to 8/8/24
3 Months Ago
6/10/23 to 6/9/24
1 Year Ago
9/8/22 to 9/8/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$2.63$4.20$4.20$7.64
Forecasted Upside17.19% Upside33.66% Upside33.66% Upside30.56% Upside
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EXFY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EXFY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Expensify Stock vs. The Competition

TypeExpensifyBusiness Services CompaniesS&P 500
Consensus Rating Score
2.20
2.66
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside17.19% Upside255.14% Upside11.36% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/9/2024JMP Securities
2 of 5 stars
P. Walravens
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UpgradeMarket Perform ➝ Outperform$2.50+62.34%
5/28/2024Morgan Stanley
3 of 5 stars
 UpgradeUnderweight ➝ Equal Weight
4/23/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$5.00 ➝ $4.00+152.36%
2/23/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$3.00 ➝ $2.00+25.79%
9/15/2023JPMorgan Chase & Co.
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 Initiated CoverageUnderweight
8/9/2023Lake Street Capital
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 Lower TargetBuy ➝ Buy$10.00 ➝ $7.00+69.49%
8/9/2023Loop Capital
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 DowngradeBuy ➝ Hold$9.00 ➝ $6.00+1.35%
5/10/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Market Perform$12.00 ➝ $8.50+17.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:31 PM ET.

EXFY Forecast - Frequently Asked Questions

What is Expensify's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Expensify is $2.63, with a high forecast of $4.00 and a low forecast of $2.00.

Should I buy or sell Expensify stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Expensify in the last year. There is currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EXFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXFY, but not buy additional shares or sell existing shares.

Does Expensify's stock price have much upside?

According to analysts, Expensify's stock has a predicted upside of 63.19% based on their 12-month stock forecasts.

Has Expensify been upgraded by Wall Street analysts recently?

Over the previous 90 days, Expensify's stock had 1 upgrade by analysts.

What analysts cover Expensify?

Expensify has been rated by research analysts at JMP Securities in the past 90 days.

Do Wall Street analysts like Expensify more than its competitors?

Analysts like Expensify less than other "business services" companies. The consensus rating for Expensify is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how EXFY compares to other companies.


This page (NASDAQ:EXFY) was last updated on 9/7/2024 by MarketBeat.com Staff

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