Groupon (NASDAQ:GRPN) Shares Gap Down - What's Next?

Market Beat
2025.05.31 15:42
portai
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Groupon (NASDAQ:GRPN) shares gapped down from $29.45 to $28.42 before trading at $28.80. Analysts have mixed ratings, with Roth Mkm raising their price target to $24.00 and Goldman Sachs lowering it to $15.00. The stock has a consensus rating of "Moderate Buy" and an average target price of $18.75. Groupon reported a quarterly EPS of $0.18, exceeding estimates, with a revenue of $117.19 million. Hedge funds hold 90.05% of the stock, indicating strong institutional interest.