- GoodRx launches a new subscription service for erectile dysfunction treatments, potentially boosting its stock value.
- Analysts forecast a promising 44.15% upside for GoodRx Holdings Inc (GDRX, Financial) with a one-year price target of $6.35.
- GuruFocus estimates suggest a 59.82% upside based on the GF Value metric.
GoodRx Holdings Inc. (GDRX) experienced a notable increase in its stock price following the introduction of a groundbreaking subscription service aimed at treating erectile dysfunction. Priced competitively at $18 per month, the service not only provides online consultations but also ensures discreet delivery to alleviate common concerns like high costs and social stigma, which often deter men from seeking necessary treatment.
Analyst Price Targets and Forecast
According to projections from 15 analysts, the average one-year price target for GoodRx Holdings Inc. (GDRX, Financial) stands at $6.35. This projection includes a high estimate of $9.00 and a low of $4.00, suggesting a promising upside potential of 44.15% from its current trading price of $4.41. Investors seeking more detailed estimations can access the information on the GoodRx Holdings Inc (GDRX) Forecast page.
Brokerage Firm Recommendations
Presently, 17 brokerage firms provide a consensus recommendation of 2.4 for GoodRx Holdings Inc. (GDRX, Financial), signifying an "Outperform" status on the rating scale. This scale ranges from 1 to 5, with 1 indicating a Strong Buy and 5 representing a Sell, reflecting confidence in the stock's potential performance.
GF Value Estimation
GuruFocus's estimation of the GF Value for GoodRx Holdings Inc. (GDRX, Financial) in the upcoming year is $7.04. This value forecasts an impressive 59.82% upside from its current price of $4.405. The GF Value is a carefully calculated measure of the stock's fair trading value, derived from the historical trading multiples and past business growth, combined with future business performance projections. For further insights, visit the GoodRx Holdings Inc (GDRX) Summary page.