Average Price Target: $14.86
▲ +80.09% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Shift Technologies in the last 3 months. The average price target is $14.86, with a high forecast of $18.00 and a low forecast of $13.00. The average price target represents a 80.09% upside from the last price of $8.25.
The current consensus among 8 contributing investment analysts is to buy stock in Shift Technologies.
Shift Technologies, Inc. provides end-to-end auto ecommerce platform for buying and selling of used cars. The company operates through two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as 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, prepaid maintenance plans, and appearance protection plan. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was founded in 2013 and is based in San Francisco, California.