Grove Collaborative Holdings Inc [NYSE: GROV] price surged by 26.50 percent to reach at $0.31.
A sum of 5712249 shares traded at recent session while its average daily volume was at 131.85K shares. Grove Collaborative Holdings Inc shares reached a high of $1.84 and dropped to a low of $1.26 until finishing in the latest session at $1.48.
The one-year GROV stock forecast points to a potential upside of 29.52. The average equity rating for GROV stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Grove Collaborative Holdings Inc [GROV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GROV shares is $2.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GROV stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Grove Collaborative Holdings Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 15, 2025. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $3 to $2. The new note on the price target was released on August 09, 2024, representing the official price target for Grove Collaborative Holdings Inc stock. Previously, the target price had yet another raise to $2, while Canaccord Genuity analysts kept a Buy rating on GROV stock.
GROV Stock Performance Analysis:
Grove Collaborative Holdings Inc [GROV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 29.82. With this latest performance, GROV shares gained by 12.12% in over the last four-week period, additionally plugging by 3.50% over the last 6 months – not to mention a rise of 6.47% in the past year of trading.
Insight into Grove Collaborative Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Grove Collaborative Holdings Inc [GROV] shares currently have an operating margin of -10.36% and a Gross Margin at 53.08%. Grove Collaborative Holdings Inc’s Net Margin is presently recorded at -14.81%.
Return on Equity for this stock declined to -27.90%, with Return on Assets sitting at -27.90%.
Grove Collaborative Holdings Inc [GROV] Institutonal Ownership Details
There are presently around $33.67%, or 47.28% of GROV stock, in the hands of institutional investors. The top three institutional holders of GROV stocks are: NVP ASSOCIATES, LLC with ownership of 2.94 million shares, which is approximately 8.0056%. MORGAN STANLEY, holding 2.7 million shares of the stock with an approximate value of $$4.78 million in GROV stocks shares; and MORGAN STANLEY, currently with $$2.11 million in GROV stock with ownership which is approximately 3.2441%.
