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

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Analyst price target for SFT

Based on 3 analysts offering 12 month price targets for Shift Technologies Inc.
Min Forecast
$0.90+243.51%
Avg Forecast
$4.30+1,541.22%
Max Forecast
$10.00+3,716.79%

Should I buy or sell SFT stock?

Based on 9 analysts offering ratings for Shift Technologies Inc.
Hold
Strong Buy
1 analysts 11.11%
Buy
0 analysts 0%
Hold
7 analysts 77.78%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

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SFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Top 5%
96
HoldDowngradesN/AN/A2022-11-10
Cantor Fitzgerald
Bottom 7%
7
HoldDowngrades$0.90+243.51%2022-10-07
Truist Securities
Bottom 25%
25
HoldDowngradesN/AN/A2022-10-03
JP Morgan
Top 10%
91
Strong SellDowngradesN/AN/A2022-08-15
William Blair
Bottom 17%
17
HoldDowngradesN/AN/A2022-07-21
Benchmark
Top 2%
99
HoldDowngradesN/AN/A2022-05-16
BTIG
Top 40%
61
HoldDowngradesN/AN/A2022-05-04
Wells Fargo
Top 1%
100
HoldDowngrades$2.00+663.36%2022-05-03
Piper Sandler
Top 5%
96
Strong BuyMaintains$10.00+3,716.79%2022-03-30

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Forecast return on equity

Is SFT forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is SFT forecast to generate an efficient return on assets?
Company
-51.07%
Industry
27.35%
SFT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SFT earnings per share forecast

What is SFT's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
-$2.09
Avg 2 year Forecast
-$1.40
Avg 3 year Forecast
-$1.17

SFT revenue forecast

What is SFT's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$807.7M+0.78%
Avg 2 year Forecast
$1.1B+42.21%
Avg 3 year Forecast
$1.6B+105.88%
SFT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SFT revenue growth forecast

How is SFT forecast to perform vs Internet Retail companies and vs the US market?
Company
26.23%
Industry
12.03%
Market
6.8%
SFT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SFT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SFT vs Ecommerce Stocks

TickerPricePrice TargetUp/downsideConsensus
SFT$0.26$4.30+1,541.22%Hold
TKAT$0.76N/AN/A
MOGU$2.39$2.40+0.42%Strong Buy
IPW$0.50$4.50+807.26%Strong Buy
JWEL$0.44N/AN/A

Shift Technologies Stock Forecast FAQ

Is Shift Technologies Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: SFT) stock is to Hold SFT stock.

Out of 9 analysts, 1 (11.11%) are recommending SFT as a Strong Buy, 0 (0%) are recommending SFT as a Buy, 7 (77.78%) are recommending SFT as a Hold, 0 (0%) are recommending SFT as a Sell, and 1 (11.11%) are recommending SFT as a Strong Sell.

If you're new to stock investing, here's how to buy Shift Technologies stock.

What is SFT's earnings growth forecast for 2022-2024?

(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 63.91%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17%.

Shift Technologies's earnings in 2022 is -$239,519,000.On average, 7 Wall Street analysts forecast SFT's earnings for 2022 to be -$178,857,027, with the lowest SFT earnings forecast at -$207,953,386, and the highest SFT earnings forecast at -$130,077,838. On average, 7 Wall Street analysts forecast SFT's earnings for 2023 to be -$119,808,535, with the lowest SFT earnings forecast at -$208,809,161, and the highest SFT earnings forecast at -$32,519,460.

In 2024, SFT is forecast to generate -$100,125,704 in earnings, with the lowest earnings forecast at -$144,626,017 and the highest earnings forecast at -$35,942,561.

What is SFT's revenue growth forecast for 2022-2024?

(NASDAQ: SFT) Shift Technologies's forecast annual revenue growth rate of 26.23% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 12.03%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Shift Technologies's revenue in 2022 is $801,398,000.On average, 4 Wall Street analysts forecast SFT's revenue for 2022 to be $69,118,998,659, with the lowest SFT revenue forecast at $59,887,151,995, and the highest SFT revenue forecast at $89,000,626,000. On average, 6 Wall Street analysts forecast SFT's revenue for 2023 to be $97,532,277,355, with the lowest SFT revenue forecast at $56,712,225,818, and the highest SFT revenue forecast at $146,590,021,449.

In 2024, SFT is forecast to generate $141,192,646,947 in revenue, with the lowest revenue forecast at $79,878,061,835 and the highest revenue forecast at $236,113,611,704.

What is SFT's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: SFT) forecast ROA is -51.07%, which is lower than the forecast US Internet Retail industry average of 27.35%.

What is SFT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SFT price target, the average SFT price target is $4.30, with the highest SFT stock price forecast at $10.00 and the lowest SFT stock price forecast at $0.90.

On average, Wall Street analysts predict that Shift Technologies's share price could reach $4.30 by Nov 10, 2023. The average Shift Technologies stock price prediction forecasts a potential upside of 1,541.22% from the current SFT share price of $0.26.

What is SFT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: SFT) Shift Technologies's current Earnings Per Share (EPS) is -$2.96. On average, analysts forecast that SFT's EPS will be -$2.09 for 2022, with the lowest EPS forecast at -$2.43, and the highest EPS forecast at -$1.52. On average, analysts forecast that SFT's EPS will be -$1.40 for 2023, with the lowest EPS forecast at -$2.44, and the highest EPS forecast at -$0.38. In 2024, SFT's EPS is forecast to hit -$1.17 (min: -$1.69, max: -$0.42).

What is SFT's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: SFT) forecast ROE is N/A, which is considered weak.
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