Analyst Targets Show Upside For iShares Russell 1000 Growth ETF

Analysts forecast 12.30% upside for IWF ETF. Apellis, e.l.f., and Repligen also exhibit significant potential, with targets suggesting major gains.

Date: 17-02-2025

AI Rating: 7

Overview of ETF and Holdings
In the report, the implied target price for the iShares Russell 1000 Growth ETF (IWF) is projected at $467.59, compared to its recent trading price of $416.37, indicating a potential upside of 12.30%. This implies a positive sentiment from analysts regarding the ETF's performance over the next 12 months.

Individual Holdings and Potential Upside
The report highlights three significant holdings within the ETF that demonstrate notable upside to their respective analyst target prices:

Apellis Pharmaceuticals Inc (APLS): Recent price of $27.40, with a bullish target price of $46.10, showing a potential increase of 68.25%.
e.l.f. Beauty Inc (ELF): Trading at $73.00, with an average target of $97.69, suggesting a 33.82% upside.
Repligen Corp. (RGEN): Current price of $146.92, with a target price of $188.21, representing a potential increase of 28.11%.

This data illustrates the confidence analysts have in the recovery or growth prospects of these companies, particularly with APLS showing the most substantial upside potential.

Analyst Confidence and Market Dynamics
The report raises questions regarding the justifications behind these analyst targets. A high implied target price can signify optimism, but it may also be a precursor to potential downgrades if analysts are overestimating future performance based on past trends.

The report does not provide precise figures on earnings metrics such as EPS, revenue growth, net income, profit margins, free cash flow, or return on equity. The implications here suggest that while the upside projections look favorable, the actual realization of such growth will depend heavily on the upcoming performance metrics that were not discussed in detail. Investors should conduct further research to ascertain the viability of these targets based on current and anticipated market developments.

Stocks: IWF APLS ELF RGEN