On July 1, 2025, Maxim Group analyst Thomas Forte initiated coverage on Alliance Entertainment (AENT, Financial) with a Buy rating. This new action by Maxim Group reflects positive sentiment towards the company's potential growth and market position.
In conjunction with the Buy rating, a price target was announced at USD 10.00 for AENT. The price target aims to reflect the potential upside and growth trajectory anticipated by the analyst, offering investors a clear target for future valuations.
Alliance Entertainment (AENT, Financial), recognized for its diverse entertainment distribution business, continues to attract attention from analysts and investors alike. This initiation of coverage marks a significant step for the company as it strives to enhance its market presence in a competitive industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Alliance Entertainment Holding Corp (AENT, Financial) is $8.00 with a high estimate of $8.00 and a low estimate of $8.00. The average target implies an upside of 92.31% from the current price of $4.16. More detailed estimate data can be found on the Alliance Entertainment Holding Corp (AENT) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Alliance Entertainment Holding Corp's (AENT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
