Wall Street Analysts See a 27.07% Upside in Criteo (CRTO): Can the Stock Really Move This High?

Core Viewpoint - Criteo S.A. (CRTO) has shown a significant price increase of 18.2% over the past four weeks, with a mean price target of $55.90 indicating a potential upside of 27.1$43.99 [1] Price Targets and Analyst Estimates - The mean estimate consists of 10 short-term price targets with a standard deviation of $10.04, indicating variability among analysts; the lowest estimate is$36 (an 18.2% decline), while the highest is $68 (a 54.6% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about Criteo's earnings prospects, with a strong consensus on higher EPS estimates, which correlates with potential stock price increases [9] - Over the last 30 days, three earnings estimates have been revised upward, leading to a 15.6% increase in the Zacks Consensus Estimate [10] Zacks Rank and Investment Potential - Criteo currently 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] Conclusion on Price Targets - While the consensus price target may not reliably indicate the extent of potential gains, it does provide a useful guide for the direction of price movement [12]