The Interpublic Group of Companies, Inc. (IPG)
NYSE: IPG · IEX Real-Time Price · USD
31.74
-0.04 (-0.13%)
May 20, 2024, 11:53 AM EDT - Market open
IPG Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for IPG stock have an average target of 36.43, with a low estimate of 31 and a high estimate of 42. The average target predicts an increase of 14.78% from the current stock price of 31.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IPG stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 6 | 6 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $32 → $31 | Hold | Maintains | $32 → $31 | -2.33% | Apr 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | +16.57% | Feb 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $31 → $32 | Hold | Maintains | $31 → $32 | +0.82% | Feb 9, 2024 |
| Barclays | Barclays | Hold Maintains $35 → $36 | Hold | Maintains | $35 → $36 | +13.42% | Jan 29, 2024 |
| UBS | UBS | Hold Initiates $36 | Hold | Initiates | $36 | +13.42% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
9.74B
from 10.89B
Decreased by -10.58%
Revenue Next Year
10.03B
from 9.74B
Increased by 3.00%
EPS This Year
2.90
from 2.85
Increased by 1.71%
EPS Next Year
3.10
from 2.90
Increased by 6.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.5B | 11.8B | 12.5B | 10.6B | 10.8B |
| Avg | 9.7B | 10.0B | 10.4B | 10.2B | 10.4B |
| Low | 9.3B | 9.5B | 9.8B | 9.9B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.5% | 20.9% | 24.5% | 1.7% | 6.2% |
| Avg | -10.6% | 3.0% | 3.8% | -2.2% | 2.2% |
| Low | -15.0% | -2.1% | -2.8% | -5.1% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.09 | 3.33 | 3.70 |
| Avg | 2.90 | 3.10 | 3.30 |
| Low | 2.71 | 2.90 | 3.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.3% | 15.0% | 19.6% |
| Avg | 1.7% | 6.8% | 6.5% |
| Low | -4.8% | 0.1% | -2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.