Phreesia Stock Soars 10.58% on Strong Earnings, Buy Ratings

On July 29, 2025, Phreesia's stock surged by 10.58% in pre-market trading, reflecting a significant bullish sentiment among investors.

Phreesia has garnered strong support from analysts, with a consensus rating of Strong Buy. This rating is based on 9 buy ratings, 0 hold ratings, and 0 sell ratings, indicating a unanimous positive outlook from the analyst community. The average 12-month price target for Phreesia is $32.00, suggesting a 20.17% upside potential from the current price.

Several analysts have reiterated their buy ratings for Phreesia, citing the company's strong revenue growth, cash generation capabilities, and positive earnings call sentiment. However, some analysts have noted challenges with profitability and valuation concerns due to a negative P/E ratio and lack of dividend yield. Despite these concerns, the overall sentiment remains bullish, with analysts highlighting Phreesia's resilient growth and profitability.

Phreesia's financial performance has been impressive, with the company beating its earnings per share (EPS) estimates 75% of the time in the past 12 months and its sales estimates 100% of the time. This consistent outperformance has contributed to the positive analyst ratings and price targets. Overall, the strong analyst support and positive financial performance suggest a bullish outlook for Phreesia's stock in the near future.