Wall Street Analysts Predict a 60.18% Upside in Thryv (THRY): Here's What You Should Know

Core Viewpoint - Thryv Holdings, Inc. (THRY) shows significant upside potential with a mean price target of $21.4, indicating a 60.2% increase from the current price of $13.36 [1] Price Targets and Analyst Consensus - The average price target consists of five estimates ranging from a low of $16.00 to a high of $26.00, with a standard deviation of $4.1, suggesting variability in analyst predictions [2] - The lowest estimate indicates a potential increase of 19.8%, while the highest suggests a 94.6% upside [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement direction [9] Earnings Estimates and Analyst Optimism - Analysts have shown increasing optimism about THRY's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 27%, with no negative revisions [12] - THRY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common tool for investors, they can often mislead, as empirical research shows they rarely indicate actual stock price movements [7][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]