Wall Street Analysts Predict a 73.42% Upside in Controladora Vuela (VLRS): Here's What You Should Know

Core Viewpoint - Controladora Vuela (VLRS) shares have increased by 19.8% in the past four weeks, closing at $7.45, with a mean price target of $12.92 indicating a potential upside of 73.4% [1] Price Targets - The average price target consists of nine estimates ranging from a low of $10 to a high of $16.50, with a standard deviation of $2.11, suggesting a potential increase of 34.2% to 121.5% from the current price [2] - A low standard deviation indicates a strong agreement among analysts regarding the price targets, which can be a good starting point for further research [7] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher for VLRS, which correlates with potential stock price increases [9] - The Zacks Consensus Estimate for VLRS has increased by 22.9% due to two upward revisions and one downward revision in the last 30 days [10] Zacks Rank - VLRS holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [11]