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Top Wall Street Forecasters Revamp Wealthfront Expectations Ahead Of Q3 Earnings
Benzinga· 2026-01-08 07:39
Core Viewpoint - Wealthfront Corporation is set to release its third-quarter earnings on January 12, 2025, with expectations of earnings at 15 cents per share and revenue of $93.23 million [1] Group 1: Earnings and IPO - Wealthfront's third-quarter earnings are anticipated to be 15 cents per share on revenue of $93.23 million [1] - The company priced its initial public offering at $14.00 per share for 34,615,384 common shares [1] - Following the IPO pricing, Wealthfront's shares fell by 0.8% to close at $13.50 [1] Group 2: Analyst Ratings - JP Morgan analyst Kenneth Worthington initiated coverage with an Overweight rating and a price target of $16 [3] - RBC Capital analyst Daniel Perlin initiated coverage with an Outperform rating and a price target of $17 [3] - Citizens analyst Devin Ryan initiated coverage with a Market Outperform rating and a price target of $20 [3] - Keybanc analyst Alex Markgraff initiated coverage with a Sector Weight rating [3]