Pattern Group (NASDAQ:PTRN) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Pattern Group (NASDAQ:PTRN) had its price target hoisted by analysts at Needham & Company LLC from $29.00 to $32.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC‘s price target indicates a potential upside of 81.00% from the company’s current price.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $31.00 target price on shares of Pattern Group in a report on Thursday, August 6th. Jefferies Financial Group lowered Pattern Group from a “buy” rating to a “hold” rating and upped their target price for the stock from $21.00 to $30.00 in a research note on Tuesday, July 14th. KeyCorp decreased their price objective on Pattern Group from $30.00 to $25.00 and set an “overweight” rating on the stock in a report on Monday. Weiss Ratings upgraded Pattern Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $28.00 target price on shares of Pattern Group in a report on Thursday, August 6th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.78.

Pattern Group Stock Performance

NASDAQ PTRN opened at $17.68 on Thursday. Pattern Group has a 52 week low of $8.92 and a 52 week high of $29.80. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of -10.28 and a beta of 1.29. The stock’s 50 day moving average price is $18.40 and its two-hundred day moving average price is $17.56.

Pattern Group (NASDAQ:PTRN) last issued its earnings results on Thursday, November 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. The company had revenue of $885.85 million during the quarter. Pattern Group had a negative return on equity of 318.79% and a negative net margin of 4.57%. The business’s revenue was up 38.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($2.19) earnings per share. On average, equities research analysts forecast that Pattern Group will post 0.63 EPS for the current year.

Institutional Trading of Pattern Group

A number of hedge funds and other institutional investors have recently modified their holdings of PTRN. Wasatch Advisors LP increased its position in Pattern Group by 28.4% during the second quarter. Wasatch Advisors LP now owns 3,135,129 shares of the company’s stock worth $78,974,000 after buying an additional 692,735 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Pattern Group by 1.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,101,545 shares of the company’s stock valued at $25,723,000 after buying an additional 23,589 shares during the period. Readystate Asset Management LP grew its stake in shares of Pattern Group by 363.9% in the 2nd quarter. Readystate Asset Management LP now owns 212,964 shares of the company’s stock worth $5,365,000 after purchasing an additional 167,053 shares during the last quarter. Weiss Asset Management LP acquired a new stake in Pattern Group during the 1st quarter worth about $3,212,000. Finally, Sylebra Capital LLC acquired a new position in shares of Pattern Group during the first quarter valued at about $1,971,000.

More Pattern Group News

Here are the key news stories impacting Pattern Group this week:

• Positive Sentiment: Q3 revenue rose 38.5% year over year to about $886 million, while adjusted earnings of $0.18 per share beat the $0.16 consensus and improved from a loss a year earlier. The company described the quarter as a record. Pattern Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Pattern forecast Q4 revenue of $965 million to $985 million and raised its full-year revenue outlook to about $3.5 billion, signaling continued growth expectations. Pattern forecasts Q4 revenue and raises full-year outlook
• Negative Sentiment: Despite the earnings improvement, Pattern reported a negative net margin of 4.57%, indicating profitability remains a challenge. Pattern Group reports third-quarter results
• Negative Sentiment: KeyCorp lowered its expectations for PTRN’s stock price, a counterpoint to the strong results and improved guidance. KeyCorp lowers expectations for Pattern Group stock

Pattern Group Company Profile

Pattern Group Inc (NASDAQ: PTRN) is an e-commerce technology and services company that helps brands grow and manage their online businesses. Its platform combines software, data, and operational services to support product distribution and sales across major digital marketplaces, retailer websites, and other e-commerce channels.

The company’s services include marketplace management, digital advertising, product content and catalog optimization, pricing and assortment strategy, fulfillment coordination, and analytics.