Analyst Price Target is $68.00
▲ +30.92% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for SMART Global in the last 3 months. The average price target is $68.00, with a high forecast of $85.00 and a low forecast of $55.00. The average price target represents a 30.92% upside from the last price of $51.94.
Current Consensus is
The current consensus among 6 polled investment analysts is to buy stock in SMART Global. This Buy consensus rating has held steady for over two years.
SMART Global Holdings, Inc. designs and manufactures electronic products focused in memory and computing technology areas. The company specializes in application specific product development and support for customers in enterprise, government and original equipment manufacturer, or OEM, markets. It operates through the following segments: Specialty Memory Products, Brazil Products and Specialty Compute and Storage Solutions (SCSS). The Specialty Memory Products segment focuses on design and manufacture of application-specific products, technical support and value-added testing services that differ from the core focus of standard memory module providers. The Brazil Products segment manufactures DRAM modules for desktops, notebooks and servers. The SCSS segment offers specialty compute and storage system solutions to customers in a broad set of verticals including financial services, energy, government, social media and education end markets. The company was founded in 1988 and is headquartered in Newark, CA.