What is a stock forecast?

A stock forecast is simply a prediction of where the stock price will go in the future. Many factors go into making a stock forecast, including company financials, historical stock price trends, and analyst ratings. While there is no guarantee that a stock forecast will be accurate, it can give you a good idea of where the stock price is headed.

What is Sea's stock price forecast for 2024?

On average, Wall Street analysts predict that Sea 's share price could reach $95.33 by May 17, 2024. The average Sea stock price prediction forecasts a potential upside of 51.95% from the current SE share price of $62.74. What is SE's forecast return on assets (ROA) for 2023-2025?

What is the average sea stock price target?

According to 9 Wall Street analyst s that have issued a 1 year SE price target, the average SE price target is $95.33, with the highest SE stock price forecast at $115.00 and the lowest SE stock price forecast at $64.00. On average, Wall Street analysts predict that Sea 's share price could reach $95.33 by May 17, 2024.

Why do investors use forecasting?

Forecasts are often predicated on historical data. Because the future is uncertain, forecasts must often be revised, and actual results can vary greatly. Investors utilize forecasting to determine if events affecting a company, such as sales expectations, will increase or decrease the price of shares in that company.