Key Insights:
- Qurate (QVCGA, Financial) reports a significant year-over-year revenue decline.
- Wall Street analysts foresee a potential upside of 266.84%.
- GuruFocus estimates suggest a 494.28% upside based on GF Value.
Qurate's First-Quarter Performance
Qurate's (QVCGA) first-quarter revenue experienced a notable decline of 10.3% year-over-year, landing at $2.10 billion. The company's operating income reached $14 million during this period, but it's important to note that the adjusted OIBDA saw a sharp decrease of 32% in the US and 31% in constant currency. Both the QxH and QVC International segments reported declines in revenue, with reductions of 11% and 6%, respectively.
Wall Street Analysts' Forecast
Analysts have set a one-year price target for QVC Group Inc (QVCGA, Financial), with the average hovering at $0.50. This target reflects both the high and low estimates, indicating a potential upside of 266.84% from the current trading price of $0.14. Investors looking for more detailed projections and insights can visit the QVC Group Inc (QVCGA) Forecast page.
Currently, the consensus recommendation from one brokerage firm gives QVC Group Inc (QVCGA, Financial) an average brokerage recommendation of 3.0, signifying a "Hold" status. This rating operates on a scale from 1 to 5, where 1 represents a Strong Buy, and 5 suggests a Sell.
GuruFocus's GF Value Prediction
According to GuruFocus estimates, the anticipated GF Value for QVC Group Inc (QVCGA, Financial) in one year is $0.81. This implies a remarkable potential upside of 494.28% from the current price of $0.1363. The GF Value is a proprietary calculation by GuruFocus, determined by evaluating the historical trading multiples, past business growth, and future performance forecasts. For further in-depth data, investors can explore the QVC Group Inc (QVCGA) Summary page.
