SMART Global Holdings, Inc.
SGH is
all set to unveil its quarterly earnings results post the market close on April 9, 2024.
In a significant downturn from 76 cents per share in the prior-year period,
analysts anticipate the Milpitas, California-based company to report earnings of 25 cents per share.
Data from Benzinga Pro suggests that SMART Global is likely to disclose quarterly revenue amounting to
$283.79 million.
Back on January 9, SMART Global Holdings divulged its first-quarter earnings and revealed a staggering $75 million share repurchase authorization.
Not a day of smooth sailing for the company as SMART Global shares took a 2% nosedive, closing at $25.49 on Thursday.
For the inside scoop on the latest analyst ratings, head over to the Analyst Stock Ratings page. Dive deep and filter by stock ticker, company name, analyst firm, rating change, or other metrics.
Let’s delve into how Benzinga’s most accurate analysts have evaluated the company during the recent period.
- Needham analyst Quinn Bolton upheld a Buy rating while bumping up the price target from $22 to $24 on January 10, 2024. This skilled analyst boasts an impeccable 83% precision rate.
- Rosenblatt analyst Kevin Cassidy restated a Buy rating with a price target of $35 on October 19, 2023. With an admirable 76% accuracy rate, this analyst remains steadfast.
- Deutsche Bank analyst Sidney Ho stood by a Buy rating and elevated the price target from $20 to $28 on June 14, 2023. Sporting an 84% accuracy rate, this analyst continues to impress.
- Barclays analyst Tom O’Malley retained an Overweight rating and hiked the price target from $20 to $30 on June 14, 2023. Boasting a solid 67% accuracy rate, this analyst remains confident.
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