NASDAQ:BNFT - Benefitfocus Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $15.00
  • Forecasted Upside: 39.15 %
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$10.78
▲ +0.18 (1.70%)

This chart shows the closing price for BNFT by one month, three months, or twelve months.

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Analyst Price Target for BNFT

Analyst Price Target is $15.00
▲ +39.15% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Benefitfocus in the last 3 months. The average price target is $15.00, with a high forecast of $17.00 and a low forecast of $13.00. The average price target represents a 39.15% upside from the last price of $10.78.

This chart shows the closing price for BNFT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in Benefitfocus. This rating has held steady since April 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/15/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/13/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/12/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/12/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/10/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/8/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/7/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/7/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/3/2021The Goldman Sachs GroupDowngradeNeutral ➝ Sell$13.00High
5/5/2021Piper SandlerBoost Price TargetOverweight$16.00 ➝ $17.00High
3/9/2021Piper SandlerLower Price TargetOverweight$20.00 ➝ $16.00High
1/27/2021Piper SandlerLower Price TargetOverweight$29.00 ➝ $20.00High
1/21/2021Raymond JamesDowngradeOutperform ➝ Market PerformHigh
11/6/2020Cantor FitzgeraldDowngradeOverweight ➝ Neutral$20.00 ➝ $12.00High
8/24/2020Raymond JamesReiterated RatingBuyHigh
8/6/2020Piper SandlerBoost Price TargetOverweight$26.00 ➝ $30.00High
6/29/2020The Goldman Sachs GroupBoost Price Target$11.00 ➝ $12.00Medium
5/7/2020Piper SandlerLower Price Target$35.00 ➝ $26.00Low
5/7/2020Wells Fargo & CompanyLower Price TargetOverweight$29.00 ➝ $25.00Medium
4/2/2020Cantor FitzgeraldReiterated RatingBuyMedium
3/4/2020Wells Fargo & CompanyLower Price TargetOverweight$40.00 ➝ $29.00High
3/4/2020Piper SandlerLower Price TargetOverweight$53.00 ➝ $35.00High
3/4/2020Raymond JamesLower Price TargetOutperform$25.00 ➝ $16.00High
3/4/2020Cantor FitzgeraldLower Price TargetOverweight$47.00 ➝ $25.00Medium
2/3/2020Royal Bank of CanadaReiterated RatingHold$45.00Medium
1/29/2020Raymond JamesLower Price TargetOutperform$30.00 ➝ $25.00High
1/8/2020Wells Fargo & CompanyLower Price TargetOverweight$42.00 ➝ $40.00Low
11/4/2019Compass PointInitiated CoverageBuy$37.00High
8/22/2019Chardan CapitalReiterated RatingHold$27.00High
8/8/2019Royal Bank of CanadaReiterated RatingHold$46.00Medium
8/7/2019Wells Fargo & CompanyReiterated RatingBuyHigh
8/7/2019Raymond JamesSet Price TargetOutperform$50.00 ➝ $30.00High
8/7/2019WedbushReiterated RatingBuy$40.00High
8/7/2019Cantor FitzgeraldLower Price TargetOverweight$60.00 ➝ $47.00High
7/29/2019WedbushLower Price TargetOutperform$52.00 ➝ $40.00Medium
7/3/2019JPMorgan Chase & Co.Initiated CoverageNeutral$32.00Low
5/2/2019Wells Fargo & CompanyLower Price TargetOutperform$60.00 ➝ $55.00High
5/1/2019Cantor FitzgeraldReiterated RatingBuy$60.00High
5/1/2019Royal Bank of CanadaLower Price TargetAverage ➝ Sector Perform$49.00Low
4/2/2019Cantor FitzgeraldInitiated CoverageOverweight$60.00 ➝ $60.00Low
2/27/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$58.00Medium
2/27/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$48.00 ➝ $55.00Medium
2/1/2019The Goldman Sachs GroupReiterated RatingNeutral ➝ Neutral$55.00Medium
12/19/2018WedbushReiterated RatingBuy$57.00High
12/19/2018Royal Bank of CanadaBoost Price TargetOutperform ➝ Average$58.00Low
12/19/2018Wells Fargo & CompanyBoost Price TargetOutperform ➝ Outperform$50.00 ➝ $60.00Low
12/11/2018Piper Jaffray CompaniesReiterated RatingOverweight ➝ Positive$61.00High
12/4/2018WedbushBoost Price TargetOutperform ➝ Outperform$44.00 ➝ $57.00Medium
11/30/2018Raymond JamesBoost Price TargetOutperform ➝ Outperform$50.00 ➝ $58.00High
11/2/2018WedbushBoost Price TargetOutperform ➝ Outperform$42.00 ➝ $44.00N/A
11/2/2018Piper Jaffray CompaniesReiterated RatingOverweight$49.00High
11/2/2018Jefferies Financial GroupBoost Price TargetBuy$48.00High
10/18/2018WedbushInitiated CoverageOutperform ➝ Outperform$42.00Low
8/24/2018Raymond JamesBoost Price TargetOutperform ➝ Outperform$40.00 ➝ $50.00High
8/20/2018GuggenheimInitiated CoverageBuy$45.00High
8/3/2018Chardan CapitalBoost Price TargetNeutral$34.00 ➝ $36.00Medium
7/20/2018Jefferies Financial GroupReiterated RatingBuy$43.00Low
6/29/2018Piper Jaffray CompaniesBoost Price TargetOverweight$40.00Low
5/16/2018Wells Fargo & CompanySet Price TargetBuy$30.00 ➝ $38.00Low
5/4/2018Berenberg BankSet Price TargetBuy$35.00High
5/4/2018Chardan CapitalBoost Price TargetNeutral ➝ Neutral$27.00 ➝ $34.00High
5/4/2018Jefferies Financial GroupBoost Price TargetBuy$35.00High
5/4/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformHigh
3/22/2018Jefferies Financial GroupReiterated RatingBuy$31.00Low
3/15/2018Berenberg BankSet Price TargetBuy$29.00High
3/15/2018Wells Fargo & CompanyReiterated RatingBuy$35.00 ➝ $30.00High
3/15/2018Royal Bank of CanadaLower Price TargetSector Perform$24.00High
3/15/2018Chardan CapitalLower Price TargetNeutral ➝ Neutral$28.00 ➝ $27.00High
3/15/2018Canaccord GenuityReiterated RatingBuy ➝ Buy$32.00 ➝ $29.00High
3/15/2018Jefferies Financial GroupLower Price TargetBuy$30.00High
11/3/2017Piper Jaffray CompaniesReiterated RatingBuy$34.00N/A
11/3/2017William BlairDowngradeOutperform ➝ Market PerformN/A
10/30/2017Canaccord GenuityReiterated RatingBuy$34.00N/A
8/10/2017Berenberg BankReiterated RatingBuy$36.00Low
8/4/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00High
8/4/2017Chardan CapitalDowngradeBuy ➝ Neutral$36.00 ➝ $30.00High
8/1/2017Canaccord GenuityReiterated RatingBuy$35.00Low
7/27/2017Raymond JamesBoost Price TargetOutperform$38.00 ➝ $43.00Low
6/1/2017William BlairUpgradeMarket Perform ➝ OutperformHigh
4/28/2017Chardan CapitalBoost Price TargetBuy ➝ Buy$31.00 ➝ $36.00High
3/16/2017Canaccord GenuityReiterated RatingBuy$33.00Low
3/16/2017Jefferies Financial GroupReiterated RatingBuy$35.00High
3/15/2017Chardan CapitalReiterated RatingBuy$31.00Medium
2/24/2017Royal Bank of CanadaReiterated RatingHold$33.00N/A
2/24/2017Jefferies Financial GroupLower Price TargetBuy$41.00 ➝ $35.00N/A
2/22/2017Canaccord GenuityReiterated RatingBuy$35.00N/A
2/7/2017Berenberg BankInitiated CoverageBuy$36.00N/A
1/6/2017Chardan CapitalInitiated CoverageBuy$36.00N/A
(Data available from 12/7/2016 forward)

News Sentiment Rating

0.44 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/11/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/10/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/10/2021
  • 7 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/9/2021
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/8/2021
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/8/2021
  • 3 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/7/2021
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/7/2021

Current Sentiment

  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Benefitfocus logo
Benefitfocus, Inc. engages in the provision of cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers. The company was founded by Mason R. Holland and Shawn A. Jenkins in June 2000 and is headquartered in Charleston, SC.
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Today's Range

Now: $10.78
Low: $10.72
High: $10.91

50 Day Range

MA: $10.79
Low: $9.97
High: $11.39

52 Week Range

Now: $10.78
Low: $9.87
High: $17.58

Volume

322,975 shs

Average Volume

281,612 shs

Market Capitalization

$360.38 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.66

Frequently Asked Questions

What sell-side analysts currently cover shares of Benefitfocus?

The following Wall Street research analysts have issued reports on Benefitfocus in the last year: Piper Sandler, Raymond James, The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for BNFT.

What is the current price target for Benefitfocus?

2 Wall Street analysts have set twelve-month price targets for Benefitfocus in the last year. Their average twelve-month price target is $15.00, suggesting a possible upside of 39.1%. Piper Sandler has the highest price target set, predicting BNFT will reach $17.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $13.00 for Benefitfocus in the next year.
View the latest price targets for BNFT.

What is the current consensus analyst rating for Benefitfocus?

Benefitfocus currently has 1 sell rating, 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BNFT, but not buy more shares or sell existing shares.
View the latest ratings for BNFT.

How do I contact Benefitfocus' investor relations team?

Benefitfocus' physical mailing address is 100 BENEFITFOCUS WAY, CHARLESTON SC, 29492. The software maker's listed phone number is (843) 849-7476 and its investor relations email address is [email protected] The official website for Benefitfocus is www.benefitfocus.com.