Wall Street Analysts Think LiveRamp (RAMP) Could Surge 39.08%: Read This Before Placing a Bet

Core Viewpoint - LiveRamp (RAMP) shows potential for significant upside, with a mean price target of $42.14 indicating a 39.1% increase from its current price of $30.3 [1] Price Targets and Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $7.8, suggesting variability in analyst predictions. The lowest estimate is $33.00 (8.9% increase), while the highest is $53.00 (74.9% increase) [2] - A low standard deviation among price targets indicates strong agreement among analysts regarding the stock's price direction, which can serve as a starting point for further research [9] Earnings Estimates - Analysts are optimistic about RAMP's earnings prospects, as indicated by a positive trend in earnings estimate revisions. This trend has historically correlated with near-term stock price movements [11] - Over the past 30 days, one earnings estimate has increased, leading to a 3.3% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank - RAMP holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, which further supports the stock's potential upside [13] Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the magnitude of RAMP's potential gains, it does provide a useful guide for the direction of price movement [14]