Groupon, Inc. (NASDAQ:GRPN – Get Free Report)’s share price was up 16.9% during trading on Thursday . The company traded as high as $20.70 and last traded at $21.4180. 451,928 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 1,589,766 shares. The stock had previously closed at $18.32.
Groupon News Summary
Here are the key news stories impacting Groupon this week:
- Positive Sentiment: Zacks Research raised its earnings estimates for several future periods, including FY2027 to $0.70 per share and FY2028 to $1.10 per share, suggesting improving profitability expectations for Groupon over time.
- Positive Sentiment: The firm also increased its Q4 2026 estimate to $0.21 per share, Q3 2027 to $0.20, and Q4 2027 to $0.36, reinforcing a more optimistic view of Groupon’s medium-term earnings power.
- Neutral Sentiment: Zacks Research lifted its Q1 2028 EPS estimate slightly to $0.14 from $0.13, a modest adjustment that adds to the positive tone but is unlikely to move the stock on its own.
- Negative Sentiment: Not all revisions were positive: Zacks cut estimates for Q2 2026, Q3 2026, Q1 2027, and FY2026, indicating the near-term earnings path remains uneven for Groupon.
- Negative Sentiment: Despite the upgrades, the current consensus still calls for a full-year loss of $0.13 per share, highlighting that Groupon is not yet expected to return to full-year profitability in the near term.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on GRPN shares. Wall Street Zen lowered Groupon from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Groupon in a report on Tuesday, June 9th. Northland Securities set a $26.00 price objective on shares of Groupon in a research note on Wednesday, May 27th. Citigroup reaffirmed an “outperform” rating on shares of Groupon in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group reissued a “sell” rating and set a $13.00 target price (up from $10.00) on shares of Groupon in a research report on Tuesday, May 12th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Groupon presently has a consensus rating of “Hold” and an average target price of $19.50.
Groupon Price Performance
The company has a market cap of $796.74 million, a P/E ratio of -8.03 and a beta of 0.25. The stock has a fifty day moving average price of $16.82 and a two-hundred day moving average price of $15.01.
Groupon (NASDAQ:GRPN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The coupon company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The company had revenue of $117.20 million for the quarter, compared to the consensus estimate of $117.65 million. Groupon had a negative return on equity of 717.37% and a negative net margin of 20.78%. Equities analysts predict that Groupon, Inc. will post -0.13 earnings per share for the current fiscal year.
Institutional Trading of Groupon
Several institutional investors and hedge funds have recently made changes to their positions in GRPN. Vanguard Group Inc. lifted its position in shares of Groupon by 22.2% during the third quarter. Vanguard Group Inc. now owns 2,108,578 shares of the coupon company’s stock valued at $49,235,000 after purchasing an additional 383,277 shares in the last quarter. Bank of America Corp DE grew its position in Groupon by 552.5% in the 2nd quarter. Bank of America Corp DE now owns 1,136,524 shares of the coupon company’s stock worth $38,017,000 after purchasing an additional 962,337 shares in the last quarter. Tyro Capital Management LLC grew its position in Groupon by 6.8% in the 3rd quarter. Tyro Capital Management LLC now owns 1,091,095 shares of the coupon company’s stock worth $25,477,000 after purchasing an additional 69,378 shares in the last quarter. Garnet Equity Capital Holdings Inc. increased its stake in Groupon by 4.4% in the 4th quarter. Garnet Equity Capital Holdings Inc. now owns 958,660 shares of the coupon company’s stock valued at $16,882,000 after buying an additional 40,000 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Groupon by 25.8% during the 4th quarter. State Street Corp now owns 881,422 shares of the coupon company’s stock worth $15,522,000 after buying an additional 180,992 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
About Groupon
Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.
Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.
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