If you are a discerning and savvy investor or finance professional, you likely cull through useful information frequently by perusing research reports, stock news apps, analysts’ stock price targets, and other valuable information. As a data-driven investor, you may have your favorite investment research and price target software, websites, and apps.
You can leverage these powerful investment platforms and tools to gain an investing edge, making informed and prudent decisions regarding how you deploy or allocate your capital. However, if you are looking for a reliable platform or website for stock price targets and research, you are not alone.
There is no doubt that the internet is full of stock price research and target websites and resources. However, due to the huge number of resources and websites, it can be challenging and tricky to remember all the sources that you can visit in one day. Luckily, for the US and international stock investors, there are not too many excellent stock price target websites.
Table of Contents
What is a Stock Price Target?
You may have heard of the term price targets. Price targets reflect what the analysts believe a stock, such as AMZN or AAPL, will be worth at the end of a certain period, based on assumed valuation multiples and earnings forecasts. This period is usually one year or 18 months.
While stock price targets are related, they are not the same as sell, buy and hold recommendations. This is an important distinction.
For instance, if a stock is currently trading for $70 and an analyst predicts a 12-month price target of $120, you can bet they will have a “buy” recommendation on the company.
What about the Consensus Price Target?
We can define the consensus stock price target as the average or mean of analysts’ individual price targets. Keep in mind that this is the stock price target that investors will most likely see quoted in the press.
You should know that when it comes to evaluating equity securities and stocks, a target price can be even more valuable than the ratings of equity analysts.
Interpreting a Stock Price Target
Traders and investors usually interpret stock price targets as forecasts for future prices for the respective stocks. For instance, if a stock market analyst sets a target price that’s higher than the existing price, investors may deduce that the analyst expects the price to increase in the future. On the other hand, if the stock price target is lower, the market analyst expects the price to fall.
Simply put, you can interpret a price target as a reflection of how industry and market experts and analysts see the fair value of a specific stock collectively.
Keep in mind that price targets on their own do not indicate whether a specific stock is a Buy, Strong Buy, Hold, Strong Sell, or Sell. Also, they do not serve as recommendations for specific individuals with regard to their investments.
A target price for a company is comparable to a weather forecast in that it expresses an expert opinion or judgment about the future and is based on the latest information. However, forecasts and predictions may not be correct as the factors affecting the data can change often.
Top Websites for Stock Price Targets
When making a prudent and informed investment in the stock market with upside potential, it is essential to consult some valuable and reliable investment websites to gather information and draw investment conclusions. This means using professional and trusted sources, such as AnaChart and Yahoo! Finance, which gather information, data, news stories, and possibly investment recommendations.
The top investment and stock price target websites give you useful information so you that can make the best decision using real-time information, practical guidance, and stock analysis tools.
The following list of the most important and comprehensive stock price and market research websites, programs, and applications will help you narrow your search with reasonable forecasts and reliable data.
AnaChart
Launched in 2020, AnaChart is one of the best visual databases for self-directed investors. The database shows stock price targets and ratings made by expert institutional analysts covering the US stock market. AnaChart is a reliable platform dedicated to helping investors with their stock research and analysis by providing relevant context on financial news.
With AnaChart, you can find and follow the analysts and experts to make reasonable decisions regarding stock performance and leverage visual performance data and analyst sentiment display in order to make more informed decisions when investing. It is worth noting that AnaChart is the only site in the industry that shows both previous and current price targets as well as ratings on a timeline per research analyst per stock, which is impressive.
Compared to other websites, such as CNN and Motley Fool, AnaChart has a competitive advantage. Other websites and platforms, such as Yahoo Finance and the Wall Street Journal, mention the analysts as a group. And these websites average their prices, which misses a lot of information or skews the results as not all analysts are equal. This is where AnaChart truly shines.
You can sign up for AnaChart’s Free Plan and get the following benefits:
- Access to all Nasdaq 100 stocks – Table and Chart
- Receive daily updates
- You can determine which analysts consistently gave good or accurate calls before the stocks moved
On the other hand, if you choose the Advanced Plan, you can benefit from:
- Access to AnaChart’s insightful and valuable interactive charts that you will not find anywhere. These charts show present and past stock price targets, links, and ratings by every analyst covering each stock
- Compare analysts or draw conclusions on a stand-alone basis – there is no need to settle on average sentiment
- Find Hundreds of thousands of valuable links available on charts, tooltips to articles, and blogs for further reading
As a visual search engine for stock analysts, AnaChart is the first financial website that connects present and past price targets as trend lines for several analysts. This is important as it allows viewership of timing, bias, and census in a manner that saves time while offering clarity and confidence to users when performing stock analysis and research.
The stock research industry lacks transparency, with limited access to equity research reports. And for a small percentage of investors who have access to the reports, there is a lack of transparency or measure of how accurate the analyst had been while covering the stock. Investors acting independently have no method of verifying the integrity or veracity of expert opinions and price projections.
The best thing about AnaChart is that it solves this problem by using its innovative proprietary artificial intelligence technology to sort stock market analysts’ price guidance against the actual performance of the stock to determine and show the accuracy and reliability of these recommendations.
After that, AnaChart rates each analyst’s stock guidance accuracy with the help of its proprietary algorithm. Also, it parses each analyst’s track record based on their accuracy using machine learning.
So, AnaChart provides a detailed list of all the analysts that cover each stock by name. AnaChart is the only platform that provides previous targets and current ones so that users can get accurate invest-able context on each stock, with more data than any other website.
Motley Fool
Motley Fool is another excellent website that provides various outstanding solutions to improve an investor’s financial life. David and Tom Gardner are the co-founders of The Motley Fool, and since its inception, the website has stood for in-depth market research, price forecasts, and high-quality analysis.
What stocks are hot right now? Will the market continue to go higher? The website shares ideas and market insights and updates frequently to keep investors up to date. It is worth noting that The Motley Fool offers a combination of paid financial research and advice, and free news.
Additionally, its most popular services include Motley Fool Rule Breakers and Stock Advisor. Subscribers to these services receive a weekly stock recommendation along with detailed trade management and trade entry instructions.
Yahoo! Finance
Yahoo! Finance is among the best free investment websites that empower investors and other finance professionals to monitor company news. You can also sort the stock screener results by top losers and top gainers and track major currencies.
In order to keep investors updated on the most recent developments in the stock market, Yahoo! Finance, a prominent site in the financial news arena, brings together numerous news sources. Investors can enter a ticker symbol to get the most recent market quote, utilize customizable charting to see a stock’s performance over time and read the most recent news articles on particular stocks. You can also visit discussion boards to interact with other investors.
This makes Yahoo! Finance one of the most popular finance websites, with 70 million unique users visiting it every month. You can develop a comprehensive summary of stocks’ worth with access to historical and present stock prices.
Starting your stock research on this website is more appealing because it is free to use. The company’s new Yahoo Finance premium offering makes more sense as your experience grows.
Seeking Alpha
Seeking Alpha is another impressive website for stock research, price predictions, and market analysis. Many professionals use free Seeking Alpha for basic stock analysis as well as trending news. You will like following other finance professionals and experts on Seeking Alpha if you are familiar with the technical terms and everyday language used on Wall Street. It is among the top stock websites for users seeking high-quality analysis and research on public shares.
More than 16,000 active authors share well-written and in-depth stock analyses on Seeking Alpha. Before they can be published and discussed by millions of people, these articles are reviewed by in-house editors.
Investors can establish their own informed judgments and opinions about the possibility that a stock will increase or decrease by reading several viewpoints and opinions regarding the same stock. Besides diverse, and deep-dive research articles and other resources, Seeking Alpha’s site has fundamental analysis tools, crowdsourced debates, a Trending News feed, and market data.
Keep in mind that the Seeking Alpha Premium boasts extensive stock research capabilities, with peer ratings and comparisons, earnings details, SEC Filings, dividend grades, press releases, and more.
Morningstar
Morningstar is a famous website that offers some nifty free stock research and analysis tools with in-depth information and analysis about the financial markets. For investors trying to find, assess, and keep track of assets, Morningstar has rapidly grown to become one of the most well-known stock research and price prediction websites.
For almost 40 years, this stock market news and investment research service has offered stock and financial analysis, and it takes pride in its independence and reputation for objectivity.
CNBC
CNBC is one of the flagship financial news networks that function as part of the broader NBC news conglomerate. The service also offers 24/7 television news and an active investment site complete with news stories, stock analysis, and opinion pieces.
Numerous prominent business people frequently attend the programs on the shows or publish opinion pieces on the company’s website.
This stock website has long been regarded as a financial news hub and gives you access to late-breaking news stories as well as market developments so that you can learn more about the financial and stock markets.
The Wall Street Journal
Did you know that the Wall Street Journal print edition was the number one newspaper for all traders on Wall Street? And today, the Wall Street Journal is also available for $22.49 per month to new subscribers.
The Wall Street Journal is also available in Chinese and Japanese. It is regarded as one of the world’s top business journals. This Journal also provides the latest to oldest details on the ups and downs in the international stock exchange in the market section.
Subscribers can gain access to first-class and reliable news and research sources in order to analyze stocks. Also, you can use the WSJ Markets research tools for news, charting, key stock data and price research, and stock rating insights.
The Bottom Line
The best stock research and price target websites provide investors with valuable research reports, portfolio analysis tools, stock screening tools, and business news, helping you identify the best stocks to invest in right now.
The process of using the top stock market and price prediction websites is essentially the same whether you choose to start with free stock research websites or use their premium versions.
Consider reviewing the best stock price target and investment research software, websites, and apps listed above. If you employ them correctly, these websites can deliver superior results, placing you on a sustainable path to wealth creation.
