Thanksgiving Sales Surge: Adobe reported a significant increase in online sales on Thanksgiving, with a 740% rise in video game console purchases and substantial growth in other high-ticket items like refrigerators, exercise equipment, and televisions.
Top-Selling Products: Popular toys included Fisher-Price, LEGO, and Squishmallows, while top gaming consoles were Nintendo Switch 2 and PlayStation 5, with notable games like Elden Ring and NBA 2k26 leading sales.
Discounting Trends: Heavier discounting compared to the previous year may affect profit margins for retailers, although the use of AI in sales could positively influence margins.
Record Spending Expectations: Consumers spent a record $6.4 billion online on Thanksgiving, with projections for Black Friday reaching $11.7 billion, indicating a strong holiday shopping season ahead.
Wall Street analysts forecast ONLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONLN is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
Wall Street analysts forecast ONLN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONLN is USD with a low forecast of USD and a high forecast of 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.
0 Buy
0 Hold
0 Sell
Current: 61.650
Low
Averages
High
Current: 61.650
Low
Averages
High
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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.
