Bending Spoons (NASDAQ:BSP) Price Target Raised to $50.00 at Benchmark

Bending Spoons (NASDAQ:BSP) had its target price increased by research analysts at Benchmark from $45.00 to $50.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Benchmark’s target price would indicate a potential upside of 21.15% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Bank of America downgraded shares of Bending Spoons from a “neutral” rating to an “underperform” rating and set a $39.00 target price for the company. in a research note on Wednesday. Jefferies Financial Group set a $38.00 price objective on shares of Bending Spoons and gave the stock a “hold” rating in a report on Sunday, July 26th. Evercore initiated coverage on shares of Bending Spoons in a research report on Monday, July 27th. They issued a “hold” rating and a $36.00 price objective for the company. Wells Fargo & Company assumed coverage on Bending Spoons in a research note on Monday, July 27th. They set an “overweight” rating and a $45.00 target price for the company. Finally, Zacks Research raised Bending Spoons to a “hold” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.80.

Bending Spoons Stock Up 0.9%

NASDAQ BSP opened at $41.27 on Friday. Bending Spoons has a fifty-two week low of $30.11 and a fifty-two week high of $58.94.

Bending Spoons (NASDAQ:BSP) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.19. The firm had revenue of $704.15 million during the quarter. Bending Spoons’s quarterly revenue was up 126.3% on a year-over-year basis. Equities analysts anticipate that Bending Spoons will post 1.27 EPS for the current year.

Key Stories Impacting Bending Spoons

Here are the key news stories impacting Bending Spoons this week:

• Positive Sentiment: Q2 results exceeded expectations. Bending Spoons reported non-GAAP EPS of $0.46, versus the $0.27 consensus estimate, while revenue reached approximately $704.2 million, beating expectations by about $21.4 million. Revenue increased 126.3% year over year. Bending Spoons Q2 earnings beat
• Positive Sentiment: Near-term operating momentum remains strong. The company forecast third-quarter revenue of $733 million to $745 million, a range broadly consistent with the $738.6 million analyst consensus, suggesting continued growth after the substantial Q2 increase. Bending Spoons announces Q2 2026 results
• Neutral Sentiment: Management’s earnings call focused investor attention on growth and acquisitions. The Q2 transcript provides additional detail on the company’s results and strategy, but the market reaction indicates that strong reported growth was not enough to offset concerns about its funding requirements and outlook. Bending Spoons Q2 2026 earnings call transcript
• Negative Sentiment: Full-year revenue guidance fell short of expectations. Bending Spoons projected FY 2026 revenue of approximately $2.8 billion, below the $2.9 billion consensus estimate. The company did not provide a meaningful EPS forecast in the reported guidance update. Bending Spoons shares slip despite Q2 earnings beat
• Negative Sentiment: Investors are concerned that rapid growth requires heavier M&A spending. Coverage highlighted a larger acquisition bill and questions about whether Bending Spoons has sufficient cash generation to support its ambitious acquisition strategy. Bending Spoons Q2 growth and M&A bill
• Negative Sentiment: Bank of America downgraded BSP to Underperform. The downgrade adds valuation and execution pressure following earlier concerns that the company may not have enough funds to finance its acquisition-led growth model. Bending Spoons rating lowered to Underperform

About Bending Spoons

Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.