▲ +48.38% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Momo in the last 3 months. The average price target is $25.15, with a high forecast of $35.00 and a low forecast of $16.00. The average price target represents a 48.38% upside from the last price of $16.95.
The current consensus among 12 polled investment analysts is to hold stock in Momo. This rating has held steady since August 2020, when it changed from a Buy consensus rating.
Momo Inc. operates a mobile-based social and entertainment platform in the People's Republic of China. It operates Momo platform that includes its Momo mobile application, as well as various related properties, features, functionalities, tools, and services to users, customers, and platform partners. The company's Momo mobile application connects people and facilitates interactions based on location and interests; and various recreational activities, including live talent shows, short videos, and social games, as well as other video- and audio-based interactive experiences, such as live chats and mobile karaoke experience. It also operates Tantan, a social and dating app for young mobile Internet users, which enables users to find and establish romantic connections, and meet interesting people. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. in July 2014. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People's Republic of China.