Core Viewpoint - Skillsoft Corp. (SKIL) shares have increased by 13.5% in the past four weeks, closing at $10.16, with a potential upside of 260.9% based on Wall Street analysts' mean price target of $36.67 [1] Price Targets and Analyst Consensus - The average price target for SKIL ranges from a low of $20 to a high of $50, with a standard deviation of $15.28, indicating a high degree of agreement among analysts about the stock's price movement [8] - The lowest estimate suggests a 96.9% increase from the current price, while the most optimistic estimate indicates a 392.1% upside [8] - Analysts have shown strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [9][13] Earnings Estimates and Market Sentiment - The Zacks Consensus Estimate for SKIL has increased by 15.5% over the last 30 days, reflecting positive sentiment among analysts regarding the company's earnings prospects [6] - SKIL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside in the near term [14]
Wall Street Analysts Think Skillsoft (SKIL) Could Surge 260.93%: Read This Before Placing a Bet