Wall Street Analysts Predict a 33.52% Upside in SelectQuote (SLQT): Here's What You Should Know

Group 1 - SelectQuote (SLQT) closed at $5.49, with a 23.1% gain over the past four weeks, and analysts set a mean price target of $7.33, indicating a 33.5% upside potential [1] - The average of three short-term price targets ranges from $7 to $8, with a standard deviation of $0.58, suggesting a 27.5% to 45.7% upside from the current price [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [4][9] Group 2 - The Zacks Consensus Estimate for the current year has increased by 65%, with no negative revisions, indicating positive earnings prospects for SLQT [10] - SLQT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for exact gains, they can guide the direction of price movement [12]