Phreesia, Inc. (PHR) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 25 analysts44.7% Below Target
PHR trades 44.7% below Wall Street's consensus target of $13.57.
Current Price$8.92
Average Target$13.57
Target
Current
Low$9.00
Median$12.00
High$22.00
Analyst Target Range
Forward P/E23.4x
(Fair)
PEG Ratio—
Implied Growth+170.9%
(High Growth)
Analyst Spread95.8%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes PHR achieves its forward estimates and maintains a stable P/E multiple of 23.4x. This scenario reflects the blended consensus of 25 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
PHR Price Target Analysis
Updated June 23, 2026As of June 23, 2026, Phreesia, Inc. (PHR) has a Wall Street consensus price target of $13.57, based on estimates from 25 covering analysts. With the stock currently trading at $8.92, this represents a potential upside of +44.7%. The company has a market capitalization of $551M.
Analyst price targets range from a low of $9.00 to a high of $22.00, representing a 96% spread in expectations. The median target of $12.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 18 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PHR trades at a trailing P/E of 237.9x and forward P/E of 23.4x. Analysts expect EPS to grow +170.9% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Healthcare stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+19.0%
Industry Consensus
Avg Forward P/E
38.3x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HCATHealth Catalyst, Inc. | $127M | $1.72 | $2.25 | +29.3% | Buy | 44.8x | 22 |
 DOCSDoximity, Inc. | $3.8B | $20.07 | $29.47 | +44.0% | Hold | 14.3x | 23 |
 GDRXGoodRx Holdings, Inc. | $891M | $2.57 | $3.08 | +15.8% | Hold | 8.6x | 24 |
 VEEVVeeva Systems Inc. | $24.9B | $153.16 | $235.38 | +53.5% | Buy | 16.9x | 43 |
 INVAInnoviva, Inc. | $1.7B | $22.67 | $37.00 | +64.5% | Buy | 6.3x | 10 |
 TDOCTeladoc Health, Inc. | $1.4B | $7.58 | $7.40 | -8.3% | Hold | — | 42 |
 AMWLAmerican Well Corporation | $137M | $8.22 | $6.33 | -24.9% | Hold | — | 15 |
 PGNYProgyny, Inc. | $2.1B | $26.28 | $30.33 | +16.3% | Buy | 20.4x | 20 |
 CLOVClover Health Investments, Corp. | $2.7B | $5.14 | $4.47 | -10.6% | Hold | 129.2x | 9 |
 LFSTLifeStance Health Group, Inc. | $3.6B | $9.21 | $9.90 | +10.2% | Buy | 66.0x | 11 |
PHR — Frequently Asked Questions
Quick answers to the most common questions about buying PHR stock.
What is the PHR stock price target for 2026?
The consensus Wall Street price target for PHR is $13.57, representing 44.7% upside from the current price of $8.92. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is PHR a buy, sell, or hold?
PHR has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $13.57 implies 44.7% upside from current levels.
Is PHR stock overvalued or undervalued?
PHR trades at a forward P/E of 23.3915x, representing a moderate valuation. With analysts targeting $13.57 (44.7% implied move), the stock appears reasonably valued with upside.
How high can PHR stock go?
The most bullish Wall Street analyst has a price target of $22 for PHR, while the most conservative target is $9. The consensus of $13.57 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover PHR stock?
PHR is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 7 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PHR stock forecast?
The 12-month PHR stock forecast based on 25 Wall Street analysts shows a consensus price target of $13.57, with estimates ranging from $9 (bear case) to $22 (bull case). The median consensus rating is "Buy".
What is PHR's forward P/E ratio?
PHR trades at a forward P/E ratio of 23.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 237.9x. 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.
Should I buy PHR stock?
Wall Street analysts are very optimistic on PHR, with a "Buy" consensus rating and $13.57 price target (44.7% upside). 18 of 25 analysts rate it Buy or Strong Buy. 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.
Why do PHR price targets vary so much?
PHR analyst price targets range from $9 to $22, a 96% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $13.57 consensus represents the middle ground.
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