Analyst Price Target is $6.06
▲ +816.48% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Shift Technologies in the last 3 months. The average price target is $6.06, with a high forecast of $12.00 and a low forecast of $1.50. The average price target represents a 816.48% upside from the last price of $0.66.
Current Consensus is
The current consensus among 9 polled investment analysts is to hold stock in Shift Technologies.
Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars. The company operates in two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as at-home car searching, scheduling an on-demand test drive, and purchasing at home or at the preferred site of a test drive, as well as provides financing and services. The company also provides value-added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, wheel and tire coverage, prepaid maintenance plans, and appearance protection plans. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was incorporated in 2013 and is headquartered in San Francisco, California.