Stitch Fix Likely To Narrower Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Stitch Fix, Inc. (NASDAQ:SFIX) is expected to report a narrower loss for its Q4 financial results on Sept. 18, 2023. Analysts predict a loss of 21 cents per share, compared to a loss of 64 cents per share in the same period last year. The company's revenue is expected to be $371.36 million, down from $481.9 million in the year-ago period. Several analysts have recently adjusted their price targets for the company.
September 15, 2023 | 7:04 am
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Stitch Fix is expected to report a narrower Q4 loss, which could potentially boost investor confidence. However, the company's revenue is expected to be lower than the same period last year, which could negatively impact the stock price. Several analysts have adjusted their price targets for the company.
The expected narrower loss could be a positive signal to investors, indicating improved financial performance. However, the predicted lower revenue could be a concern, potentially indicating decreased sales or other issues. The recent adjustments of price targets by analysts could also influence the stock price, depending on investor reactions to these changes.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100