Analyst Price Target is $85.44
▲ +14.51% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Envestnet in the last 3 months. The average price target is $85.44, with a high forecast of $99.00 and a low forecast of $63.00. The average price target represents a 14.51% upside from the last price of $74.62.
Current Consensus is
The current consensus among 10 contributing investment analysts is to buy stock in Envestnet. This rating has held steady since January 2021, when it changed from a Hold consensus rating.
Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The company's product and services include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as offers data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. It also provides Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research and consulting services to assist advisors in creating investment solutions for their clients, and portfolio overlay and tax optimization services, as well as data aggregation and data intelligence platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, internet services companies, and registered investment advisers. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.