Analyst Price Target is $12.75
▲ +28.66% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Forest Road Acquisition in the last 3 months. The average price target is $12.75, with a high forecast of $14.50 and a low forecast of $11.00. The average price target represents a 28.66% upside from the last price of $9.91.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Forest Road Acquisition.
Forest Road Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology, media, and telecommunications space. The company was founded in 2020 and is based in New York, New York.