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Hello Group (MOMO) Stock Forecast & Price Target

$6.38
-0.04 (-0.62%)
(As of 09/6/2024 ET)

Hello Group - 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 Hello Group 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 MOMO.

Consensus Price Target

$7.93
24.22% Upside
High Forecast$13.00
Average Forecast$7.93
Low Forecast$5.70

According to the 5 analysts' twelve-month price targets for Hello Group, the average price target is $7.93. The highest price target for MOMO is $13.00, while the lowest price target for MOMO is $5.70. The average price target represents a forecasted upside of 24.22% from the current price of $6.38.

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
Moderate Buy
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)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$7.93$8.90$8.90$13.30
Forecasted Upside24.22% Upside62.61% Upside62.61% Upside55.07% Upside
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MOMO 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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MOMO 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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Hello Group Stock vs. The Competition

TypeHello GroupComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.20
2.64
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside24.22% Upside202.33% Upside11.36% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/4/2024Benchmark
2 of 5 stars
 Lower TargetBuy ➝ Buy$15.00 ➝ $13.00+109.34%
9/3/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$6.50 ➝ $7.00+9.55%
6/3/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral$13.00 ➝ $6.00+6.38%
5/29/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$6.40 ➝ $5.70+5.75%
5/15/2024Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight
9/1/2023BOCOM International
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 DowngradeBuy ➝ Neutral
4/27/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$4.80 ➝ $12.50+60.67%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:20 PM ET.

MOMO Forecast - Frequently Asked Questions

What is Hello Group's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Hello Group is $7.93, with a high forecast of $13.00 and a low forecast of $5.70.

Should I buy or sell Hello Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hello Group 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 equities research analysts is that investors should "hold" MOMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOMO, but not buy additional shares or sell existing shares.

Does Hello Group's stock price have much upside?

According to analysts, Hello Group's stock has a predicted upside of 34.15% based on their 12-month stock forecasts.

What analysts cover Hello Group?

Hello Group has been rated by research analysts at Benchmark, and Jefferies Financial Group in the past 90 days.

Do Wall Street analysts like Hello Group more than its competitors?

Analysts like Hello Group less than other "computer and technology" companies. The consensus rating for Hello Group is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how MOMO compares to other companies.


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

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