Goosehead Insurance (GSHD) Stock Forecast & Price Target

$87.42

+0.20 (+0.23%)

(As of 09/17/2024 ET)

Goosehead Insurance - 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

Hold
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Goosehead Insurance in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, and 5 have given a buy rating for GSHD.

Consensus Price Target

$80.40
-8.03% Downside

High Forecast	$105.00
Average Forecast	$80.40
Low Forecast	$37.00

According to the 10 analysts' twelve-month price targets for Goosehead Insurance, the average price target is $80.40. The highest price target for GSHD is $105.00, while the lowest price target for GSHD is $37.00. The average price target represents a forecasted downside of -8.03% from the current price of $87.42.

Type	Current Forecast 9/18/23 to 9/17/24	1 Month Ago 8/19/23 to 8/18/24	3 Months Ago 6/20/23 to 6/19/24	1 Year Ago 9/18/22 to 9/18/23
Consensus Rating	Hold	Moderate Buy	Moderate Buy	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	5 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	2 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	$80.40	$78.60	$74.00	$74.57
Forecasted Upside	-8.03% Downside	1.49% Upside	27.82% Upside	42.06% Upside

Why Are Buffett, Bezos, and Musk Fleeing Tech? Here's What To Do Now... (Ad)

The financial world is on high alert. Billionaires like Warren Buffett, Jeff Bezos, and Elon Musk are dumping their tech stocks at a pace we've never seen before. What do they know that's pushing them out? One that Fortune is calling:"The Great Cash Out".

Click here to get the details now.

GSHD 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.

GSHD 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.

Goosehead Insurance Stock vs. The Competition

Type	Goosehead Insurance	Finance Companies	S&P 500
Consensus Rating Score	2.40	2.47	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-8.03% Downside	14.01% Upside	7.65% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/22/2024	BMO Capital Markets 4 of 5 stars	M. Zaremski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$90.00 ➝ $90.00	+8.88%
8/15/2024	TD Cowen 4 of 5 stars	A. Kligerman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$98.00 ➝ $94.00	+11.19%
8/12/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$65.00 ➝ $77.00	-8.25%
7/31/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$92.00 ➝ $105.00	+15.95%
7/26/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$85.00 ➝ $84.00	-1.05%
7/25/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$80.00 ➝ $80.00	-7.21%
Introducing the Perceptron (Ad) On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016. Just click here to register.
7/25/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$60.00 ➝ $65.00	-24.04%
7/25/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$65.00 ➝ $72.00	-15.86%
6/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$35.00 ➝ $37.00	-36.97%
4/15/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$100.00	+73.01%
3/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$72.00	+53.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:49 PM ET.

GSHD Forecast - Frequently Asked Questions

What is Goosehead Insurance's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Goosehead Insurance is $80.40, with a high forecast of $105.00 and a low forecast of $37.00.
Should I buy or sell Goosehead Insurance stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Goosehead Insurance in the last year. There is currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GSHD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GSHD, but not buy additional shares or sell existing shares.
Does Goosehead Insurance's stock price have much upside?: According to analysts, Goosehead Insurance's stock has a predicted upside of 0.45% based on their 12-month stock forecasts.
Has Goosehead Insurance been downgraded by Wall Street analysts recently?: Over the previous 90 days, Goosehead Insurance's stock had 2 downgrades by analysts.
What analysts cover Goosehead Insurance?: Goosehead Insurance has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Piper Sandler, Royal Bank of Canada, TD Cowen, Truist Financial, and UBS Group in the past 90 days.
Do Wall Street analysts like Goosehead Insurance more than its competitors?: Analysts like Goosehead Insurance less than other "finance" companies. The consensus rating score for Goosehead Insurance is 2.40 while the average consensus rating score for "finance" companies is 2.47. Learn more on how GSHD compares to other companies.