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GoodRx (GDRX) Stock Forecast & Price Target

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$4.15 -0.41 (-8.99%)
(As of 11/15/2024 08:54 PM ET)

GoodRx - 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

Sell
1
Hold
4
Buy
10

Based on 15 Wall Street analysts who have issued ratings for GoodRx in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 4 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for GDRX.

Consensus Price Target

$8.86
113.43% Upside
According to the 15 analysts' twelve-month price targets for GoodRx, the average price target is $8.86. The highest price target for GDRX is $16.00, while the lowest price target for GDRX is $4.50. The average price target represents a forecasted upside of 113.43% from the current price of $4.15.
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GDRX Analyst Ratings Over Time

TypeCurrent Forecast
11/19/23 to 11/18/24
1 Month Ago
10/20/23 to 10/19/24
3 Months Ago
8/21/23 to 8/20/24
1 Year Ago
11/19/22 to 11/19/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
9 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$8.86$9.36$9.36$7.97
Forecasted Upside113.43% Upside35.41% Upside22.80% Upside52.33% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

GDRX 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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GDRX 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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GoodRx Stock vs. The Competition

TypeGoodRxMedical CompaniesS&P 500
Consensus Rating Score
2.67
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside113.43% Upside28,621.01% Upside9.87% Upside
News Sentiment Rating
Neutral News

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Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$10.00 ➝ $7.00+51.84%
11/11/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$10.00 ➝ $6.00+20.97%
8/16/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00+42.45%
8/9/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$9.00 ➝ $8.50+19.89%
8/9/2024Raymond James
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J. Ransom
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UpgradeOutperform ➝ Strong-Buy$10.00+42.65%
6/10/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$7.00 ➝ $9.50+11.11%
5/16/2024TD Cowen
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 Boost TargetBuy ➝ Buy$14.00 ➝ $16.00+95.36%
4/10/2024KeyCorp
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 UpgradeSector Weight ➝ Overweight$9.00+33.53%
3/25/2024Wells Fargo & Company
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 UpgradeEqual Weight ➝ Overweight$7.50 ➝ $10.00+51.98%
3/1/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$6.50 ➝ $7.50-3.72%
3/1/2024Truist Financial
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 Boost TargetHold ➝ Hold$7.50 ➝ $8.00+2.70%
3/1/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$7.00 ➝ $10.00+28.37%
2/26/2024Leerink Partnrs
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S. Davis
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Reiterated RatingOutperform
2/26/2024Leerink Partners
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 Initiated CoverageOutperform$8.00+25.39%
1/2/2024Bank of America
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 DowngradeBuy ➝ Underperform$8.00 ➝ $4.50-32.84%
8/10/2023Guggenheim
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 Boost TargetBuy ➝ Buy$8.00 ➝ $10.00+18.62%
8/10/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$6.00 ➝ $8.00-5.10%
8/10/2023Credit Suisse Group
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 Boost TargetNeutral ➝ Neutral$7.00 ➝ $8.00-4.88%
8/10/2023Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$7.00 ➝ $10.00+25.94%
8/10/2023DA Davidson
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R. Simmons
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UpgradeNeutral ➝ Buy$9.50+19.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:41 AM ET.


GDRX Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for GoodRx is $8.86, with a high forecast of $16.00 and a low forecast of $4.50.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoodRx in the last year. There is currently 1 sell rating, 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GDRX shares.

According to analysts, GoodRx's stock has a predicted upside of 113.43% based on their 12-month stock forecasts.

GoodRx has been rated by research analysts at Barclays, and Citigroup in the past 90 days.

Analysts like GoodRx less than other "medical" companies. The consensus rating score for GoodRx is 2.67 while the average consensus rating score for "medical" companies is 2.80. Learn more on how GDRX compares to other companies.


This page (NASDAQ:GDRX) was last updated on 11/18/2024 by MarketBeat.com Staff
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