Analyst Price Target is $16.25
▲ +1.12% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Vonage in the last 3 months. The average price target is $16.25, with a high forecast of $20.00 and a low forecast of $14.00. The average price target represents a 1.12% upside from the last price of $16.07.
Current Consensus is
The current consensus among 9 investment analysts is to hold stock in Vonage. This rating has held steady since January 2021, when it changed from a Buy consensus rating.
Vonage Holdings Corp. engages in the provision of communication services through cloud-connected devices. It operates through the Business and Consumer segments. The Business segment provides cloud-based Unified Communications as a Service (UCaaS) solutions, which comprises of integrated voice, text, video, data, collaboration, and mobile applications over its scalable Session Initiation Protocol based Voice over Internet Protocol network. The Consumer segment offers UCaaS services and features, via a single identity. The company was founded by Jeffrey Adam Citron on May 1, 2000 and is headquartered in Holmdel, NJ.