Analyst Price Target is $26.40
▲ +65.62% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for SMART Global in the last 3 months. The average price target is $26.40, with a high forecast of $35.00 and a low forecast of $20.00. The average price target represents a 65.62% upside from the last price of $15.94.
Current Consensus is
Buy
The current consensus among 5 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 specialty solutions for the computing, memory, and LED markets. 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: Memory Solutions, Intelligent Platform Solutions (IPS), and LED Solutions. The memory Solutions segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The IPS segment consists of specialized platform solutions for high-performance computing, artificial intelligence, machine learning and advanced modeling for technology research. The LED Solutions segment offers a broad portfolio of application-optimized LEDs focused on improving on lumen density, intensity, efficacy, optical control and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.
Read More