Price target and upside: what it is and how to read it
The price target is the average price analysts covering the company expect the share to reach in about 12 months. The upside is the distance between that target and today's price.
How it is calculated
Upside = average price target / current price − 1.
How to read it
A 20% upside means analysts, on average, see the share 20% higher in a year. A share trading above its price target has risen faster than they expected.
Price target and upside in the MeridIAn ranking
Among the 2,107 companies with a price target, the median upside is +19.2%: half have more and half less. 191 already trade above their price target.
For example: NVIDIA, +42.6%; Apple, −3.6%; Alphabet, +23.3%; Banco Santander, +12.3%.
By sector
| Sector | Median | Companies with data |
|---|---|---|
| Basic Materials | +19.8% | 137 |
| Communication Services | +23.9% | 101 |
| Consumer Cyclical | +25.5% | 226 |
| Consumer Defensive | +13.4% | 123 |
| Energy | +11.8% | 101 |
| Financial Services | +14.5% | 340 |
| Healthcare | +19.0% | 216 |
| Industrials | +23.6% | 387 |
| Real Estate | +23.8% | 99 |
| Technology | +18.8% | 283 |
| Utilities | +16.6% | 92 |
What to watch out for
It is an estimate, not a promise, and analysts tend to lag the price: they revise targets after the share moves. The more analysts cover it, the more meaningful the average.
Related metrics
All metrics in the glossary → · Stocks by sector and country → · Ready-made screeners →
General information for educational purposes, not investment advice. Figures from the latest weekly analysis (Oct 8, 2026) with the latest available price.