Keefe Bruyette has revised its price target for Green Dot (GDOT) from $11 to $12, maintaining its Market Perform rating. The firm's adjustment reflects ongoing assessments of Green Dot's market position and potential growth. Analysts forecast an average target price of $12.50, indicating a 16.50% upside from the current price of $10.73. Green Dot reported a strong start to 2025 with adjusted revenue up 24% and adjusted EBITDA up 53%.
Keefe Bruyette & Woods analyst Timothy Switzer has revised the price target for Green Dot (GDOT) from $11.00 to $12.00, maintaining the stock's "Market Perform" rating. This adjustment reflects the analyst's ongoing assessments of Green Dot's market position and potential growth [1].
The revised target indicates a 9.09% increase in the projected value of the stock. Analysts forecast an average target price of $12.50, suggesting a 16.82% upside from the current price of $10.70. The high estimate stands at $14.00, while the low estimate is $10.00 [1].
Green Dot reported a strong start to 2025, with adjusted revenue up 24% and adjusted EBITDA up 53%. The company's strategic focus on acquiring long-term users through prepaid cards and leveraging partnerships with Walmart, Uber, and Apple has been a key driver of growth. Additionally, Green Dot's asset-light balance sheet supports higher interchange margins and limits dependence on interest income, enhancing operational efficiency [3].
Despite the positive outlook, the consensus recommendation from brokerage firms remains "Hold," with an average rating of 2.8. This rating scale ranges from 1 to 5, where 1 signifies a "Strong Buy" and 5 denotes a "Sell" [1].
Green Dot's estimated GF Value for the next year is $15.73, suggesting an upside of 47.01% from the current price of $10.70. The GF Value is calculated based on historical multiples and future estimates of business performance [1].
References:
[1] https://www.gurufocus.com/news/2972610/green-dot-gdot-sees-raised-price-target-by-analyst-gdot-stock-news
[3] https://www.nasdaq.com/articles/gdot-stock-skyrockets-46-3-months-still-time-ride-wave
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