Wall Street Analysts See a 47.66% Upside in Bowlero (BOWL): Can the Stock Really Move This High?

Core Viewpoint - Bowlero Corp. (BOWL) shows potential for significant upside, with a mean price target of $17.35 indicating a 47.7% increase from the current price of $11.75 [1] Price Target Analysis - The average price target consists of 10 estimates ranging from a low of $12 to a high of $29, with a standard deviation of $4.50, indicating variability among analysts [2] - The lowest estimate suggests a 2.1% increase, while the highest indicates a potential upside of 146.8% [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement [7] Analyst Sentiment - Analysts exhibit strong agreement on Bowlero's ability to exceed previous earnings estimates, which supports the expectation of stock upside [4][9] - Over the past 30 days, four earnings estimates have been revised upward, leading to a 70% increase in the Zacks Consensus Estimate for the current year [10] Zacks Rank - Bowlero holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11]