Wrap Technologies, Inc. (WRAP) Social Stream
Wrap Technologies Inc (WRAP) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Wrap Technologies Inc.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-29 | 3 | $11 | $6.5 | $8.083 | $2.77 | 191.81% |
| 2021-11-26 | 3 | $10 | $6.5 | $7.75 | $2.77 | 179.78% |
| 2022-01-03 | 3 | $10 | $6.25 | $7.583 | $2.77 | 173.75% |
| 2022-03-11 | 3 | $10 | $5.25 | $7.25 | $2.77 | 161.73% |
The Trend in the Analyst Price Target
WRAP's average price target has moved down $2.67 over the prior 42 weeks.
Over the past 47 weeks, WRAP's average upside potential has been 69.72%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-17 | 2 | 11 | 9.50 | 10.17 | 5.04 | 101.79% |
| 2021-04-22 | 2 | 11 | 9.50 | 10.17 | 5.23 | 94.46% |
| 2021-06-05 | 2 | 11 | 8.75 | 9.92 | 8.04 | 23.38% |
| 2021-11-26 | 3 | 10 | 6.50 | 7.75 | 5.00 | 55% |
| 2022-03-11 | 3 | 10 | 5.25 | 7.25 | 1.84 | 294.02% |
WRAP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.33 | 1 | 0 | 2 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 48 weeks, WRAP's average broker recommendation rating worsened by 0.33.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for WRAP as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, Wrap Technologies Inc's average analyst price target is greater than 24.37% of them.
- Wrap Technologies Inc's upside potential (average analyst target price relative to current price) is greater than 372% of Defense stocks.
- Wrap Technologies Inc's number of analysts covering the stock is greater than 31.44% of Technology stocks.
- To contextualize these metrics, consider that out of Defense stocks, Wrap Technologies Inc's variance in analysts' estimates is lower than -248.01% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Defense industry with the ratings most similar to Wrap Technologies Inc are SWBI, RGR, and POWW.
What is the outlook for WRAP? Use POWR Ratings for clearer insight into price direction.