People Incorporated Common Stock (NASDAQ:PPLI) Stock Price Target Lowered at The Goldman Sachs Group

Posted by Francis Steltz on Nov 5th, 2026

People Incorporated Common Stock (NASDAQ:PPLI – Free Report) had its price objective decreased by The Goldman Sachs Group from $63.00 to $56.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on PPLI. Weiss Ratings cut shares of People Incorporated Common Stock from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. initiated coverage on shares of People Incorporated Common Stock in a research report on Friday, September 11th. They set an “overweight” rating and a $54.00 price target on the stock. Truist Financial lowered their price objective on People Incorporated Common Stock from $62.00 to $59.00 and set a “buy” rating for the company in a report on Wednesday. TD Cowen restated a “buy” rating on shares of People Incorporated Common Stock in a research note on Tuesday, August 4th. Finally, Citizens Jmp cut their price objective on People Incorporated Common Stock from $54.00 to $47.00 and set a “market outperform” rating on the stock in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $53.92.

Check Out Our Latest Stock Analysis on People Incorporated Common Stock

People Incorporated Common Stock Price Performance

People Incorporated Common Stock stock opened at $41.99 on Wednesday. People Incorporated Common Stock has a 1 year low of $31.42 and a 1 year high of $48.32. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.69 and a current ratio of 4.01. The firm has a 50 day moving average price of $38.84 and a 200 day moving average price of $40.44. The company has a market cap of $2.88 billion, a price-to-earnings ratio of -9.54 and a beta of 1.00.

People Incorporated Common Stock (NASDAQ:PPLI – Get Free Report) last announced its quarterly earnings results on Tuesday, November 10th. The company reported ($9.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($8.92). People Incorporated Common Stock had a negative net margin of 17.01% and a positive return on equity of 13.30%. The company’s quarterly revenue was down 3.6% on a year-over-year basis. Sell-side analysts predict that People Incorporated Common Stock will post 6.97 earnings per share for the current year.

Institutional Trading of People Incorporated Common Stock

Institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC lifted its position in shares of People Incorporated Common Stock by 61.3% in the 1st quarter. Parallel Advisors LLC now owns 613 shares of the company’s stock worth $25,000 after buying an additional 233 shares during the last quarter. Essential Partners LLC grew its position in shares of People Incorporated Common Stock by 177.1% during the 1st quarter. Essential Partners LLC now owns 1,607 shares of the company’s stock valued at $64,000 after buying an additional 1,027 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of People Incorporated Common Stock by 242.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,607 shares of the company’s stock valued at $64,000 after buying an additional 1,138 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in People Incorporated Common Stock by 251.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,937 shares of the company’s stock worth $76,000 after acquiring an additional 1,386 shares during the period. Finally, Syon Capital LLC acquired a new stake in People Incorporated Common Stock during the second quarter worth about $238,000. 88.90% of the stock is owned by institutional investors and hedge funds.

People Incorporated Common Stock News Summary

Here are the key news stories impacting People Incorporated Common Stock this week:

Neutral Sentiment: Several analysts lowered their price targets but kept favorable ratings. Citigroup and Citizens JMP cut targets to $47, TD Cowen to $60, Goldman Sachs to $56, Truist to $59, and KeyCorp to $44. All remain above the $41.99 reference price, but the reductions signal more cautious expectations. Citigroup recommendation TD Cowen recommendation Goldman Sachs recommendation Truist recommendation Citizens JMP recommendation KeyCorp recommendation
Negative Sentiment: Q3 results were substantially weaker than expected: PPLI reported a loss of $9.15 per share versus the $0.23 loss analysts forecast, while revenue fell 3.6% year over year. These results could weigh on sentiment despite the stock’s rise. Q3 2026 earnings call transcript

People Incorporated Common Stock Company Profile

(Get Free Report)

IAC Inc, together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands.