Discover Financial Stock Target Price and Analyst Consensus
| DFS Stock | USD 124.27 4.38 3.65% |
The current analyst and expert consensus on Discover Financial is Buy with 12 hold recommendations. The current projected Discover Financial target price consensus is 101.94 with 16 analyst opinions. One of the most common ways Discover Financial analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Discover Financial vendors, executives, and/or customers. Discover Financial recommendation module provides expert sentiment on the projected Discover Financial target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Discover Financial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 92.77 | Highest Forecast 113.15 | Target Price 101.94 |
Discover |
It's important to approach Discover Financial's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Discover Financial Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Discover target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Discover Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 16 | Buy |
Most Discover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Discover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Discover Financial, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationDiscover Financial Target Price Projection
Discover Financial's current and average target prices are 124.27 and 101.94, respectively. The current price of Discover Financial is the price at which Discover Financial Services is currently trading. On the other hand, Discover Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Discover Financial Market Quote on 18th of April 2024
Target Price
Analyst Consensus On Discover Financial Target Price
Discover Financial Analyst Ratings
Discover Financial's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Discover Financial stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Discover Financial's financials, market performance, and future outlook by experienced professionals. Discover Financial's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Discover Financial price targets
Discover Financial's stock target price is an estimate of its future price, usually made by analysts. Using Discover Financial's target price to determine if it is a suitable investment can be done through the following steps:- Look at Discover Financial's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Discover Financial's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Discover Financial Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Discover Financial is a key component of Discover Financial valuation and have some predictive power on the future returns of a Discover Financial.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Discover Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.When determining whether Discover Financial is a strong investment it is important to analyze Discover Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Discover Financial's future performance. For an informed investment choice regarding Discover Stock, refer to the following important reports:
Check out Macroaxis Advice on Discover Financial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Discover Financial information on this page should be used as a complementary analysis to other Discover Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Discover Stock analysis
When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.
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The data published in Discover Financial's official financial statements usually reflect Discover Financial's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Discover Financial. For example, before you start analyzing numbers published by Discover accountants, it's critical to develop an understanding of what Discover Financial's liquidity, profitability, and earnings quality are in the context of the Consumer Finance space in which it operates.
Please note, the presentation of Discover Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Discover Financial's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Discover Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Discover Financial Services. Please utilize our Beneish M Score to check the likelihood of Discover Financial's management manipulating its earnings.