39.0% Above Target

ERIC's consensus price target is $6.94, -39.0% below the current price of $11.38. The 40 analysts tracking ERIC see downside risk at present valuations.

ERIC has a consensus rating of "Hold" based on 40 Wall Street analysts. The rating breakdown is mixed, with 23 Hold ratings making up the largest segment. The consensus 12-month price target of $6.94 implies -39.0% downside from current levels.

With a forward P/E of 1.9779x, ERIC trades at a relatively low valuation. The consensus target of $6.94 implies -39.0% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $7.78 for ERIC, while the most conservative target is $6.1. The consensus of $6.94 represents the median expectation. Our quantitative valuation model projects a bull case target of $125 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

ERIC is heavily covered by Wall Street, with 40 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 23 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month ERIC stock forecast based on 40 Wall Street analysts shows a consensus price target of $6.94, with estimates ranging from $6.1 (bear case) to $7.78 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $95, with bear/bull scenarios of $60/$125.

Our quantitative valuation model calculates ERIC's fair value at $95 (base case), with a bear case of $60 and bull case of $125. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 47/100.

ERIC trades at a forward P/E ratio of 2.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on ERIC, with 2 Sell ratings and a price target of $6.94 (-39.0% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

ERIC analyst price targets range from $6.1 to $7.78, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $6.94 consensus represents the middle ground. Our model's $60-$125 range provides an independent fundamental perspective.