12-month avg target (analysts)
Target
What it is
Average of 12-month price targets published by Wall Street analysts covering the stock. Represents the sell-side consensus — banks and brokers paid to publish research on listed stocks.
How to read it
The target is useful as a market benchmark, not as a prediction. When the price is well above the consensus target, the market is more optimistic than analysts — often a sign of speculative enthusiasm. When the price is well below, the market is more pessimistic — possible opportunity or problem not yet reflected by analysts.
Common reference points
- Compare to: current price, see "Upside"—
Orders of magnitude, not a rule: the same number does not mean the same thing from one sector to the next.
What it does not tell you
Analyst targets are upward-biased (95% are "Buy") and follow prices more than they predict them. They're also structurally too optimistic in bear markets and too pessimistic in bull markets. A useful benchmark, never a truth.
Other measures — Analyst consensus
Educational content. Polaris is not a registered investment adviser and makes no recommendation.