WallStreetZen

NASDAQ: SFT
Shift Technologies Inc Stock Forecast, Predictions & Price Target

Analyst price target for SFT

Based on 6 analysts offering 12 month price targets for Shift Technologies Inc.
Min Forecast
$9.00+106.9%
Avg Forecast
$12.17+179.7%
Max Forecast
$14.00+221.84%

Should I buy or sell SFT stock?

Based on 7 analysts offering ratings for Shift Technologies Inc.
Strong Buy
Strong Buy
5 analysts 71.43%
Buy
1 analysts 14.29%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
Strong BuyMaintains$9.00+106.90%2021-12-03
Anonymous
JP Morgan
Strong BuyInitiates Coverage On$12.00+175.86%2021-10-05
Truist Securities
Top 15%
86
Strong BuyInitiates Coverage On$12.00+175.86%2021-09-10
Oppenheimer
Top 4%
97
BuyInitiates Coverage On$12.00+175.86%2021-08-24
Piper Sandler
Top 2%
99
Strong BuyInitiates Coverage On$14.00+221.84%2021-06-04
Wedbush
Top 5%
96
HoldUpgradesN/AN/A2021-05-04
Benchmark
Top 3%
98
Strong BuyUpgrades$13.00+198.85%2021-03-09
DA Davidson
Top 3%
98
Strong BuyInitiates Coverage On$13.00+198.85%2021-01-25

1 of 1

Forecast return on equity

Is SFT forecast to generate an efficient return?
Company
-157.25%
Industry
71.3%
Market
37.06%
SFT's Return on Equity is forecast to be low in 3 years (-157.25%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SFT forecast to generate an efficient return on assets?
Company
-49.27%
Industry
26.91%
SFT is forecast to generate lower Return on Assets (-49.27%) than the US Internet Retail industry average (26.91%)
Forecast

SFT earnings per share forecast

What is SFT's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$1.90-36.45%
Avg 2 year Forecast
-$1.90-36.45%
Avg 3 year Forecast
-$2.01-32.78%

SFT revenue forecast

What is SFT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$625.4M+21.66%
Avg 2 year Forecast
$1.1B+106.17%
Avg 3 year Forecast
$1.7B+239.58%
SFT's revenue is forecast to grow at an exceptional rate of 48.71% per year
Forecast

SFT revenue growth forecast

How is SFT forecast to perform vs Internet Retail companies and vs the US market?
Company
48.71%
Industry
13.04%
Market
10.03%
SFT's revenues are forecast to grow faster (48.71% per year) than the US Internet Retail industry average (13.04%)
Forecast
SFT's revenues are forecast to grow faster (48.71% per year) than the US market average (10.03%)
Forecast

Shift Technologies Stock Forecast FAQ

Is Shift Technologies Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: SFT) stock is to Strong Buy SFT stock.

Out of 7 analysts, 5 (71.43%) are recommending SFT as a Strong Buy, 1 (14.29%) are recommending SFT as a Buy, 1 (14.29%) are recommending SFT as a Hold, 0 (0%) are recommending SFT as a Sell, and 0 (0%) are recommending SFT as a Strong Sell.

What is SFT's earnings growth forecast for 2021-2023?

(NASDAQ: SFT) Shift Technologies's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 22.21%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Shift Technologies's earnings in 2021 is -$116,307,000.On average, 5 Wall Street analysts forecast SFT's earnings for 2021 to be $-154,452,968, with the lowest SFT earnings forecast at $-165,020,803, and the highest SFT earnings forecast at $-143,885,134. On average, 7 Wall Street analysts forecast SFT's earnings for 2022 to be $-154,452,968, with the lowest SFT earnings forecast at $-191,846,845, and the highest SFT earnings forecast at $-108,117,078.

In 2023, SFT is forecast to generate $-163,394,982 in earnings, with the lowest earnings forecast at $-234,931,094 and the highest earnings forecast at $-118,684,913.

What is SFT's revenue growth forecast for 2021-2023?

(NASDAQ: SFT) Shift Technologies's forecast annual revenue growth rate of 48.71% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 13.04%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Shift Technologies's revenue in 2021 is $514,065,000.On average, 7 Wall Street analysts forecast SFT's revenue for 2021 to be $50,839,820,370, with the lowest SFT revenue forecast at $50,481,733,356, and the highest SFT revenue forecast at $51,156,448,955. On average, 7 Wall Street analysts forecast SFT's revenue for 2022 to be $86,157,767,743, with the lowest SFT revenue forecast at $79,464,426,421, and the highest SFT revenue forecast at $105,840,928,872.

In 2023, SFT is forecast to generate $141,905,859,575 in revenue, with the lowest revenue forecast at $121,522,782,627 and the highest revenue forecast at $154,477,355,711.

What is SFT's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: SFT) forecast ROA is -49.27%, which is lower than the forecast US Internet Retail industry average of 26.91%.

What is SFT's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SFT price target, the average SFT price target is $12.17, with the highest SFT stock price forecast at $14.00 and the lowest SFT stock price forecast at $9.00.

On average, Wall Street analysts predict that Shift Technologies's share price could stay at $12.17 by Dec 3, 2022. The average Shift Technologies stock price prediction forecasts a potential downside of N/A from the current SFT share price of $4.35.

What is SFT's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: SFT) Shift Technologies's current Earnings Per Share (EPS) is -$2.99. On average, analysts forecast that SFT's EPS will be $-1.90 for 2021, with the lowest EPS forecast at $-2.03, and the highest EPS forecast at $-1.77. On average, analysts forecast that SFT's EPS will be $-1.90 for 2022, with the lowest EPS forecast at $-2.36, and the highest EPS forecast at $-1.33. In 2023, SFT's EPS is forecast to hit $-2.01 (min: $-2.89, max: $-1.46).

What is SFT's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: SFT) forecast ROE is -157.25%, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.