Assessing Instructure Hldgs: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
Instructure Holdings (NYSE:INST) has received mixed evaluations from 5 financial analysts over the past three months, with a shift towards more bullish ratings in the last 30 days. The average 12-month price target for INST has been adjusted to $30.4, up from $30.00, reflecting a 1.33% increase. Analysts from firms including Needham, Keybanc, Citigroup, and Jefferies have made adjustments to their ratings and price targets, indicating varying perspectives on the company's market performance and future potential. Instructure Holdings, an education technology company, has shown a positive revenue trend with an 8.54% growth rate as of December 31, 2023, but faces challenges with a net margin of -4.26% and below-average ROA.
March 13, 2024 | 1:00 pm
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POSITIVE IMPACT
Instructure Holdings has seen a positive shift in analyst sentiment, with an updated average 12-month price target of $30.4. Despite facing profitability challenges, the company's revenue growth and strategic position in the education technology sector are noteworthy.
The increase in the average price target and the shift towards more bullish ratings from analysts suggest a positive short-term outlook for INST. The company's revenue growth is a strong point, although concerns about profitability and below-average ROA may temper investor enthusiasm. The detailed analysis from multiple analysts, including adjustments to ratings and price targets, indicates a nuanced view of the company's prospects, supporting a cautiously optimistic assessment.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100