These Analysts Revise Their Forecasts On Phreesia After Q2 Results

Phreesia Inc (NYSE:PHR) on Wednesday reported mixed second-quarter financial results.

Phreesia reported quarterly earnings of 3 cents per share which missed the analyst consensus estimate of 10 cents per share. The company reported quarterly sales of $129.458 million which beat the analyst consensus estimate of $129.069 million.

Phreesia affirmed its FY2027 sales guidance of $510.000 million to $520.000 million.

Phreesia shares fell 5.6% to trade at $11.21 on Thursday.

These analysts made changes to their price targets on Phreesia following earnings announcement.

• Wells Fargo analyst Stan Berenshteyn maintained the stock with an Equal-Weight rating and raised the price target from $9 to $10.
• Needham analyst Ryan MacDonald reiterated the stock with a Buy and maintained a $14 price target.
• RBC Capital analyst Ryan Halsted reiterated the stock with an Outperform rating and maintained a $19 price target.

Considering buying PHR stock? Here’s what analysts think:

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