Investment firm B. Riley has revised its price target for Thryv Holdings (THRY, Financial), reducing it from $30 to $26 while maintaining a Buy rating for the company's stock. The adjustment comes just before Thryv's financial report for the first quarter, scheduled for release on May 1. Despite the lowered target, the firm expects Thryv's results to align closely with market expectations.
The decision to adjust the price target follows uncertainties related to changing tariff policies and a challenging economic environment, factors that are likely to impact Thryv's operations. As stakeholders look forward to the company's upcoming report, there is heightened attention on its financial projections for fiscal year 2025. Analysts express concern that substantial tariffs could adversely affect Thryv's customer base, potentially influencing future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Thryv Holdings Inc (THRY, Financial) is $24.00 with a high estimate of $28.00 and a low estimate of $17.00. The average target implies an upside of 103.91% from the current price of $11.77. More detailed estimate data can be found on the Thryv Holdings Inc (THRY) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Thryv Holdings Inc's (THRY, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Thryv Holdings Inc (THRY, Financial) in one year is $13.85, suggesting a upside of 17.67% from the current price of $11.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Thryv Holdings Inc (THRY) Summary page.
