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Edgio - EGIO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $33.33
  • Forecasted Upside: 235.68%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$9.93 As of 04/26/2024 05:00 PM ET
▼ -1.02 (-9.32%)

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

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Analyst Price Target for EGIO

Analyst Price Target is $33.33
▲ +235.68% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Edgio in the last 3 months. The average price target is $33.33, with a high forecast of $60.00 and a low forecast of $10.00. The average price target represents a 235.68% upside from the last price of $9.93.

This chart shows the closing price for EGIO 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 polled investment analysts is to hold stock in Edgio. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/19/2024Craig HallumLower TargetHold ➝ Hold$30.00 ➝ $10.00Low
8/16/2023DA DavidsonReiterated RatingNeutral ➝ Neutral$30.00Low
7/20/2023Lake Street CapitalLower TargetBuy$80.00 ➝ $60.00Low
3/13/2023Craig HallumReiterated RatingBuy ➝ Hold$100.00 ➝ $40.00Low
12/15/2022Lake Street CapitalSet Target$100.00Low
11/15/2022DA DavidsonLower Target$68.00Low
11/15/2022Craig HallumLower Target$100.00Low
11/11/2022Raymond JamesLower TargetStrong-Buy$320.00 ➝ $240.00Low
11/10/2022Northland SecuritiesDowngradeOutperform ➝ Market PerformLow
11/10/2022CowenDowngradeOutperform ➝ Market Perform$230.00 ➝ $100.00Low
11/10/2022CowenDowngradeOutperform ➝ Market Perform$230.00 ➝ $100.00Low
8/22/2022CowenBoost Target$230.00Low
8/15/2022DA DavidsonLower Target$130.00N/A
6/21/2022CowenLower TargetOutperform$220.00 ➝ $200.00Low
6/21/2022CowenLower TargetOutperform$220.00 ➝ $200.00Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.43 (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
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
2/26/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Edgio logo
Edgio, Inc. provides edge-enabled software solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private global networks with distributed computing resources and extensive connectivity to last-mile broadband network providers; offers live and on-demand video delivery services; and provides platform, media, and application solutions. It also offers cloud security, edge compute, origin storage, and support services. In addition, the company provides content delivery, video content management, and streaming services, performance services for website and web application and security; professional services, cloud storage, and edge computing services. The company was formerly known as Limelight Networks, Inc. and changed its name to Edgio, Inc. in June 2022. Edgio, Inc. was founded in 2001 and is headquartered in Phoenix, Arizona.
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Today's Range

Now: $9.93
Low: $9.66
High: $11.37

50 Day Range

MA: $10.42
Low: $6.98
High: $20.64

52 Week Range

Now: $9.93
Low: $6.67
High: $44.00

Volume

151,189 shs

Average Volume

97,344 shs

Market Capitalization

$57.89 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.4

Frequently Asked Questions

What sell-side analysts currently cover shares of Edgio?

The following Wall Street analysts have issued stock ratings on Edgio in the last twelve months: Craig Hallum, DA Davidson, and Lake Street Capital.
View the latest analyst ratings for EGIO.

What is the current price target for Edgio?

3 Wall Street analysts have set twelve-month price targets for Edgio in the last year. Their average twelve-month price target is $33.33, suggesting a possible upside of 219.3%. Lake Street Capital has the highest price target set, predicting EGIO will reach $60.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $10.00 for Edgio in the next year.
View the latest price targets for EGIO.

What is the current consensus analyst rating for Edgio?

Edgio currently has 2 hold ratings 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 EGIO, but not buy more shares or sell existing shares.
View the latest ratings for EGIO.

What other companies compete with Edgio?

Other companies that are similar to Edgio include Steel Connect, Marchex, DHI Group, iClick Interactive Asia Group and Computer Programs and Systems. Learn More about companies similar to Edgio.

How do I contact Edgio's investor relations team?

Edgio's physical mailing address is 2220 WEST 14TH STREET, TEMPE AZ, 85281. The company's listed phone number is (602) 850-5000 and its investor relations email address is [email protected]. The official website for Edgio is www.limelight.com. Learn More about contacing Edgio investor relations.