JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Pattern Group (NASDAQ:PTRN) Stock

Posted by Francis Steltz on Nov 7th, 2026

Pattern Group (NASDAQ:PTRN – Get Free Report) had its price target increased by analysts at JPMorgan Chase & Co. from $27.00 to $29.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 58.73% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Needham & Company LLC boosted their price objective on shares of Pattern Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Robert W. Baird set a $26.00 target price on shares of Pattern Group in a research note on Thursday, August 6th. KeyCorp reduced their target price on shares of Pattern Group from $30.00 to $25.00 and set an “overweight” rating on the stock in a report on Monday, November 2nd. Weiss Ratings raised shares of Pattern Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Finally, Evercore reiterated an “outperform” rating and issued a $29.00 price target on shares of Pattern Group in a report on Thursday, August 6th. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pattern Group presently has an average rating of “Moderate Buy” and an average price target of $27.89.

Check Out Our Latest Research Report on Pattern Group

Pattern Group Stock Up 5.9%

Shares of NASDAQ PTRN traded up $1.02 during midday trading on Thursday, hitting $18.27. The stock had a trading volume of 1,527,613 shares, compared to its average volume of 1,171,843. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 28.11 and a beta of 1.29. Pattern Group has a 1-year low of $8.92 and a 1-year high of $29.80. The company has a fifty day moving average price of $18.25 and a 200 day moving average price of $17.60.

Pattern Group (NASDAQ:PTRN – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. Pattern Group had a negative net margin of 4.57% and a negative return on equity of 318.79%. The firm had revenue of $885.85 million during the quarter. During the same period last year, the company posted ($2.19) EPS. The firm’s revenue for the quarter was up 38.5% compared to the same quarter last year. On average, research analysts forecast that Pattern Group will post 0.64 EPS for the current year.

Hedge Funds Weigh In On Pattern Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wasatch Advisors LP raised its stake in shares of Pattern Group by 28.4% during the second quarter. Wasatch Advisors LP now owns 3,135,129 shares of the company’s stock valued at $78,974,000 after purchasing an additional 692,735 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Pattern Group by 1.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,101,545 shares of the company’s stock worth $25,723,000 after purchasing an additional 23,589 shares in the last quarter. Readystate Asset Management LP boosted its stake in shares of Pattern Group by 363.9% in the second quarter. Readystate Asset Management LP now owns 212,964 shares of the company’s stock valued at $5,365,000 after purchasing an additional 167,053 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Pattern Group by 237.9% in the third quarter. Russell Investments Group Ltd. now owns 274,906 shares of the company’s stock valued at $4,700,000 after purchasing an additional 193,559 shares during the period. Finally, Weiss Asset Management LP acquired a new stake in Pattern Group during the 1st quarter valued at $3,212,000.

About Pattern Group

(Get Free Report)

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.