Switch Stock Price Target and Analyst Ratings (NYSE:SWCH)

Analyst Price Target for SWCH

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$21.06

▲ +26.54% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Switch in the last 3 months. The average price target is $21.06, with a high forecast of $24.00 and a low forecast of $17.00. The average price target represents a 26.54% upside from the last price of $16.64.

Buy

The current consensus among 10 investment analysts is to buy stock in Switch. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

1 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

7/25/2019

1 strong buy ratings
7 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

10/23/2019

0 strong buy ratings
2 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

1/21/2020

1 strong buy ratings
5 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

4/20/2020

1 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

7/19/2020

1 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

10/17/2020

1 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/16/2020

1 strong buy ratings
8 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

1/15/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
1/13/2021	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$18.00 ➝ $22.00	High	i
10/16/2020	Credit Suisse Group	Lower Price Target	Outperform	$23.00 ➝ $21.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
8/10/2020	Citigroup	Boost Price Target	Buy	$22.00 ➝ $23.00	High	i
8/7/2020	Raymond James	Boost Price Target	Strong-Buy	$22.00 ➝ $24.00	High	i
7/15/2020	Barclays	Initiated Coverage	Overweight	$22.00	Medium	i
7/14/2020	Credit Suisse Group	Reiterated Rating	Buy	$23.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
7/10/2020	Wells Fargo & Company	Boost Price Target	Overweight	$19.00 ➝ $20.50	Medium	i
6/8/2020	Credit Suisse Group	Reiterated Rating	Buy	$23.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
5/18/2020	Citigroup	Boost Price Target	Buy	$18.00 ➝ $22.00	Low	i
5/11/2020	Wells Fargo & Company	Boost Price Target	Overweight	$18.00 ➝ $19.00	Medium	i
5/11/2020	BMO Capital Markets	Boost Price Target	Outperform	$18.00 ➝ $20.00	Medium	i
5/11/2020	Credit Suisse Group	Boost Price Target	Outperform	$22.00 ➝ $23.00	High	i
5/11/2020	Raymond James	Boost Price Target	Strong-Buy	$19.00 ➝ $22.00	High	i
2/28/2020	William Blair	Reiterated Rating	Outperform		Medium	i Rating by J. Breen at William Blair
2/28/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$16.00 ➝ $17.00	High	i
2/28/2020	Wells Fargo & Company	Boost Price Target	Overweight	$16.50 ➝ $18.00	High	i
2/28/2020	Raymond James	Boost Price Target	Strong-Buy	$18.00 ➝ $19.00	High	i
2/18/2020	Stifel Nicolaus	Boost Price Target	Buy	$17.50 ➝ $20.00	Low	i
2/12/2020	Credit Suisse Group	Boost Price Target	Outperform	$19.00 ➝ $21.00	High	i Rating by Sami Badri at Credit Suisse Group AG
1/22/2020	Credit Suisse Group	Reiterated Rating	Buy	$19.00	Medium	i Rating by Sami Badri at Credit Suisse Group AG
10/9/2019	Credit Suisse Group	Set Price Target	Buy	$18.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
9/24/2019	BMO Capital Markets	Boost Price Target	Outperform	$15.00 ➝ $17.00	Medium	i
5/10/2019	JPMorgan Chase & Co.	Boost Price Target		$10.00 ➝ $12.00	Medium	i
3/12/2019	BMO Capital Markets	Reiterated Rating	Buy	$10.50	High	i
1/8/2019	Berenberg Bank	Initiated Coverage	Buy ➝ Buy	$11.00	Medium	i
12/2/2018	Raymond James	Reiterated Rating	Hold	$11.00	Low	i
11/15/2018	Raymond James	Upgrade	Market Perform ➝ Strong-Buy		High	i
11/14/2018	Credit Suisse Group	Set Price Target	Buy	$14.00	High	i Rating by Sami Badri at Credit Suisse Group AG
11/14/2018	Stifel Nicolaus	Set Price Target	Buy	$13.00	High	i Rating by Erik Rasmussen at Stifel Nicolaus
11/14/2018	BMO Capital Markets	Lower Price Target	Outperform ➝ Outperform	$14.00 ➝ $10.50	High	i
11/13/2018	William Blair	Reiterated Rating	Outperform		High	i Rating by J. Breen at William Blair
10/25/2018	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$13.50 ➝ $11.50	High	i
10/23/2018	Jefferies Financial Group	Reiterated Rating	Hold ➝ Hold	$12.00 ➝ $10.00	High	i
8/14/2018	Jefferies Financial Group	Lower Price Target	Hold	$12.00	Medium	i
8/14/2018	BMO Capital Markets	Lower Price Target	Outperform ➝ Average	$20.00 ➝ $14.00	High	i
8/14/2018	Stifel Nicolaus	Lower Price Target	Buy ➝ Buy	$15.00 ➝ $13.00	High	i Rating by Erik Rasmussen at Stifel Nicolaus
8/14/2018	William Blair	Reiterated Rating	Outperform		High	i
8/14/2018	BTIG Research	Downgrade	Buy ➝ Neutral	$22.00	High	i
8/14/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$17.00 ➝ $17.00	High	i
8/13/2018	Raymond James	Downgrade	Outperform ➝ Market Perform	$17.00	High	i
8/13/2018	BMO Capital Markets	Reiterated Rating	Buy	$20.00	Low	i
7/19/2018	Citigroup	Upgrade	Neutral ➝ Buy	$20.00	Medium	i
7/16/2018	Stifel Nicolaus	Initiated Coverage	Buy		High	i
5/23/2018	JPMorgan Chase & Co.	Lower Price Target	Overweight ➝ Overweight	$19.00 ➝ $17.00	Low	i
5/17/2018	Credit Suisse Group	Set Price Target	Buy	$19.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
5/15/2018	William Blair	Reiterated Rating	Outperform		High	i
5/14/2018	BMO Capital Markets	Reiterated Rating	Buy	$20.00	High	i
5/11/2018	Credit Suisse Group	Set Price Target	Buy	$22.00	Medium	i Rating by Sami Badri at Credit Suisse Group AG
5/10/2018	Cowen	Upgrade	Underperform ➝ Market Perform		Medium	i
4/17/2018	Credit Suisse Group	Set Price Target	Buy	$22.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
4/5/2018	William Blair	Reiterated Rating	Outperform		Low	i Rating by J. Breen at William Blair
4/4/2018	Credit Suisse Group	Dropped Coverage	Buy	$22.00	N/A	i Rating by Sami Badri at Credit Suisse Group AG
4/3/2018	BMO Capital Markets	Lower Price Target	Outperform ➝ Outperform	$23.00 ➝ $20.00	High	i
3/29/2018	Credit Suisse Group	Set Price Target	Buy	$22.00	N/A	i Rating by Sami Badri at Credit Suisse Group AG
3/12/2018	Raymond James	Upgrade	Market Perform ➝ Outperform		High	i
3/12/2018	UBS Group	Upgrade	Market Perform ➝ Outperform		Low	i
2/7/2018	Credit Suisse Group	Set Price Target	Buy	$22.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
1/19/2018	Cowen	Initiated Coverage	Underweight		Low	i
1/17/2018	Credit Suisse Group	Set Price Target	Buy	$22.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
12/16/2017	Credit Suisse Group	Set Price Target	Buy	$22.00	Medium	i Rating by Sami Badri at Credit Suisse Group AG
11/30/2017	Credit Suisse Group	Set Price Target	Buy	$22.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
10/31/2017	Raymond James	Initiated Coverage	Mkt Perform ➝ Market Perform		N/A	i
10/31/2017	BTIG Research	Initiated Coverage	Buy ➝ Buy	$22.00	N/A	i
10/31/2017	William Blair	Initiated Coverage	Outperform ➝ Outperform		N/A	i Rating by J. Breen at William Blair
10/31/2017	Credit Suisse Group	Initiated Coverage	Outperform ➝ Outperform	$22.00	N/A	i
10/31/2017	BMO Capital Markets	Initiated Coverage	Outperform	$23.00	N/A	i
10/31/2017	Citigroup	Initiated Coverage	Neutral ➝ Neutral	$22.00	N/A	i
10/31/2017	Wells Fargo & Company	Initiated Coverage	Market Perform ➝ Market Perform		N/A	i
10/31/2017	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Overweight	$22.00	N/A	i
10/31/2017	Jefferies Financial Group	Initiated Coverage	Hold ➝ Hold		N/A	i
10/31/2017	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral		N/A	i

(Data available from 1/15/2016 forward)

Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services primarily to technology and digital media companies in the United States. It develops and operates data centers in Nevada and Michigan. The company also serves cloud and managed service providers, financial institutions, IT and software providers, government agencies, network and telecommunications providers, and others that conduct critical business on the internet. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.

Today's Range

Now: $16.64

$16.63

$17.30

50 Day Range

MA: $16.07

$15.52

$17.27

52 Week Range

Now: $16.64

$10.30

$19.99

Volume

3,393,643 shs

Average Volume

1,865,283 shs

Market Capitalization

$4.00 billion

P/E Ratio

166.42

Dividend Yield

1.16%

Beta

0.62

Frequently Asked Questions

What sell-side analysts currently cover shares of Switch?

The following Wall Street research analysts have issued reports on Switch in the last year: Barclays PLC, BMO Capital Markets, Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JPMorgan Chase & Co., Raymond James, Stifel Nicolaus, TheStreet, Wells Fargo & Company, William Blair, and Zacks Investment Research.

What is the current price target for Switch?

9 Wall Street analysts have set twelve-month price targets for Switch in the last year. Their average twelve-month price target is $21.06, suggesting a possible upside of 26.5%. Raymond James has the highest price target set, predicting SWCH will reach $24.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $17.00 for Switch in the next year.

What is the current consensus analyst rating for Switch?

Switch currently has 1 hold rating, 8 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SWCH will outperform the market and that investors should add to their positions of Switch.

What other companies compete with Switch?

Other companies that are similar to Switch include GDS, Wix.com, LINE, FactSet Research Systems, Dada Nexus, Weibo, OneConnect Financial Technology, Chindata Group, Medallia, HUYA, TripAdvisor, 21Vianet Group, DouYu International, Sabre and Rackspace Technology.

How do I contact Switch's investor relations team?

Switch's physical mailing address is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. The company's listed phone number is 702-444-4111 and its investor relations email address is investorrelations@switch.com. The official website for Switch is www.switch.com.

NYSE:SWCH - Switch Stock Price Target and Predictions

Analyst Price Target for SWCH

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Switch?

What is the current price target for Switch?

What is the current consensus analyst rating for Switch?

What other companies compete with Switch?

How do I contact Switch's investor relations team?