A modest improvement in consensus revenue growth forecasts for Stitch Fix, alongside a slight uptick in future P/E expectations, has led analysts to raise their fair value estimate, with the price target increasing from $4.62 to $4.88.
What's in the News
- Stitch Fix has been added to several Russell growth-oriented indices, including the Russell 2000 Growth, 2500 Growth, 3000 Growth, 3000E Growth, Microcap Growth, and Small Cap Comp Growth indices.
- These index inclusions increase the stock's visibility and may attract additional institutional investment.
Valuation Changes
Summary of Valuation Changes for Stitch Fix
- The Consensus Analyst Price Target has risen from $4.62 to $4.88.
- The Consensus Revenue Growth forecasts for Stitch Fix has significantly risen from -0.6% per annum to -0.2% per annum.
- The Future P/E for Stitch Fix has risen slightly from 14.74x to 15.31x.
Disclaimer
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