VONE's Underlying Holdings Imply 10% Gain Potential
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2024
0mins
Source: NASDAQ.COM
- Underlying Holdings Analysis: ETF Channel compared trading prices of holdings against average analyst 12-month target prices to calculate weighted average implied analyst target price for Vanguard Russell 1000 ETF (VONE).
- Implied Analyst Target Price: Implied analyst target price for VONE is $271.12 per unit, with a recent trading price near $247.45 per unit, indicating 9.57% upside according to analysts.
- Notable Upside Holdings: Three holdings in VONE with notable upside to analyst targets are NCR Voyix Corp (VYX), Lyft Inc (LYFT), and Maplebear Inc (CART).
- Analyst Target Prices: VYX has a target price 52.31% higher, LYFT has 40.85% upside, and CART is expected to reach a target price 31.62% above recent prices.
- Investor Considerations: Questions raised about analyst justifications for targets, optimism, and potential target price downgrades based on future developments, prompting further investor research.
Analyst Views on VYX
Wall Street analysts forecast VYX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VYX is 15.80 USD with a low forecast of 15.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.260
Low
15.00
Averages
15.80
High
17.00
Current: 10.260
Low
15.00
Averages
15.80
High
17.00
About VYX
NCR Voyix Corporation is a global provider of digital commerce solutions for the retail and restaurant industries. The Company transforms retail stores and restaurant systems through experiences with comprehensive, platform-led software-as-services (SaaS) and services capabilities. The Company operates through two segments: Retail and Restaurants. The Retail segment offers software-led solutions to customers in the retail industry, including retail-oriented technologies such as comprehensive API-point of sale retail software platforms and applications, hardware terminals, self-service kiosks including self-checkout (SCO), payment processing and merchant acquiring solutions, and bar-code scanners. Its Restaurants segment offers technology solutions to customers in the restaurant industry, including POS hardware and software solutions, payment processing and merchant acquiring services, installation, maintenance, as well as managed and professional services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
