Sight Sciences (SGHT) Stock Forecast & Price Target

$6.56

-0.27 (-3.95%)

(As of 09/18/2024 ET)

Sight Sciences - 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 5 Analyst Ratings

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

Consensus Price Target

$7.25
10.52% Upside

High Forecast	$10.00
Average Forecast	$7.25
Low Forecast	$6.00

According to the 5 analysts' twelve-month price targets for Sight Sciences, the average price target is $7.25. The highest price target for SGHT is $10.00, while the lowest price target for SGHT is $6.00. The average price target represents a forecasted upside of 10.52% from the current price of $6.56.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
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	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$7.25	$5.70	$4.70	$4.60
Forecasted Upside	10.52% Upside	-3.09% Downside	5.90% Upside	-0.99% Downside

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SGHT 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.

SGHT 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.

Sight Sciences Stock vs. The Competition

Type	Sight Sciences	Medical Companies	S&P 500
Consensus Rating Score	2.20	2.77	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	10.52% Upside	1,006.91% Upside	7.94% 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
8/21/2024	Lake Street Capital 3 of 5 stars	F. Takkinen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$10.00	+64.47%
8/2/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Hold
7/15/2024	Morgan Stanley 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$5.40 ➝ $6.50	-14.25%
7/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$6.00 ➝ $6.50	+5.69%
5/3/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$5.00 ➝ $6.00	+4.90%
9/18/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$11.00 ➝ $5.00	+44.93%
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9/12/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$10.00 ➝ $4.50	-30.88%
9/12/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Kaczor Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:32 AM ET.

SGHT Forecast - Frequently Asked Questions

What is Sight Sciences' forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Sight Sciences is $7.25, with a high forecast of $10.00 and a low forecast of $6.00.
Should I buy or sell Sight Sciences stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sight Sciences in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SGHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SGHT, but not buy additional shares or sell existing shares.
Does Sight Sciences's stock price have much upside?: According to analysts, Sight Sciences's stock has a predicted upside of 13.59% based on their 12-month stock forecasts.
What analysts cover Sight Sciences?: Sight Sciences has been rated by research analysts at Citigroup, Lake Street Capital, Morgan Stanley, and Needham & Company LLC in the past 90 days.
Do Wall Street analysts like Sight Sciences more than its competitors?: Analysts like Sight Sciences less than other "medical" companies. The consensus rating for Sight Sciences is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how SGHT compares to other companies.