Bending Spoons (NASDAQ:BSP – Free Report) had its price target upped by Benchmark from $45.00 to $50.00 in a research report report published on Friday, MarketBeat.com reports. Benchmark currently has a buy rating on the stock.
A number of other research analysts have also issued reports on the company. Evercore began coverage on Bending Spoons in a research report on Monday, July 27th. They set a “hold” rating and a $36.00 price target for the company. Wall Street Zen raised shares of Bending Spoons to a “hold” rating in a report on Sunday, July 12th. Wells Fargo & Company began coverage on shares of Bending Spoons in a research report on Monday, July 27th. They set an “overweight” rating and a $45.00 price objective for the company. Jefferies Financial Group set a $38.00 price objective on shares of Bending Spoons and gave the stock a “hold” rating in a research note on Sunday, July 26th. Finally, Zacks Research raised shares of Bending Spoons to a “hold” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Bending Spoons currently has an average rating of “Moderate Buy” and an average price target of $44.80.
Bending Spoons Stock Performance
Bending Spoons (NASDAQ:BSP – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.19. The firm had revenue of $704.15 million during the quarter. The business’s revenue was up 126.3% on a year-over-year basis. As a group, sell-side analysts expect that Bending Spoons will post 1.27 EPS for the current fiscal year.
Trending Headlines about Bending Spoons
Here are the key news stories impacting Bending Spoons this week:
- Positive Sentiment: Bending Spoons reported Q2 2026 adjusted EPS of $0.46, exceeding the $0.27 analyst consensus by $0.19. Revenue reached approximately $704 million, up 126.3% year over year and above expectations by about $21 million. Bending Spoons Q2 earnings report
- Positive Sentiment: Benchmark raised its price target from $45 to $50 and maintained a “buy” rating, implying substantial upside. The firm cited the inaugural earnings and revenue beat. Benchmark price-target increase
- Neutral Sentiment: Third-quarter revenue guidance of $733 million to $745 million brackets the $738.6 million consensus estimate, suggesting continued growth but limited near-term upside relative to expectations. Full-year revenue guidance of approximately $2.8 billion is below the $2.9 billion consensus forecast. Bending Spoons Q2 results
- Neutral Sentiment: Management’s earnings call focused on the company’s rapid expansion and acquisition strategy, which is driving strong reported growth but also increasing the financial burden of mergers and acquisitions. Bending Spoons Q2 earnings call transcript
- Negative Sentiment: JPMorgan raised its target from $35 to $38 but kept a “neutral” rating, while Bank of America downgraded the stock to “underperform.” These cautious views indicate concerns about valuation, execution or the sustainability of acquisition-led growth. JPMorgan analyst action Bank of America downgrade
About Bending Spoons
Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.
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