Robert W. Baird Has Lowered Expectations for Pattern Group (NASDAQ:PTRN) Stock Price

Pattern Group (NASDAQ:PTRN) had its target price cut by equities research analysts at Robert W. Baird from $22.00 to $20.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Robert W. Baird’s price objective would indicate a potential upside of 71.23% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Stifel Nicolaus set a $22.00 price objective on Pattern Group in a research note on Thursday, November 6th. Evercore set a $23.00 price target on shares of Pattern Group and gave the company an “outperform” rating in a research report on Thursday, November 6th. BMO Capital Markets boosted their price target on shares of Pattern Group from $19.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. increased their price objective on shares of Pattern Group from $18.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $22.00 target price on shares of Pattern Group in a research report on Thursday, January 15th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Pattern Group currently has a consensus rating of “Moderate Buy” and an average price target of $20.78.

Pattern Group Price Performance

PTRN stock opened at $11.68 on Friday. The company’s 50-day moving average is $12.48. The firm has a market cap of $1.80 billion and a P/E ratio of -5.33. Pattern Group has a 52-week low of $8.92 and a 52-week high of $20.10.

Pattern Group (NASDAQ:PTRN) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04. Pattern Group’s revenue was up 40.3% compared to the same quarter last year.

Pattern Group announced that its Board of Directors has approved a stock repurchase program on Thursday, March 5th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 5.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Hedge Funds Weigh In On Pattern Group

Institutional investors have recently bought and sold shares of the company. Jacobs Equity LLC bought a new position in Pattern Group during the fourth quarter valued at $151,000. Quadrature Capital Ltd bought a new position in shares of Pattern Group during the 4th quarter worth $245,000. Readystate Asset Management LP purchased a new stake in Pattern Group in the 4th quarter worth about $785,000. Man Group plc bought a new stake in Pattern Group in the 4th quarter valued at about $625,000. Finally, Lazard Asset Management LLC purchased a new stake in Pattern Group during the fourth quarter valued at about $1,223,000.

More Pattern Group News

Here are the key news stories impacting Pattern Group this week:

• Positive Sentiment: Q4 beat — Pattern reported Q4 EPS of $0.16 vs. consensus $0.12 and revenue +40.3% year-over-year, signaling continued top-line strength. MarketBeat Earnings Report
• Positive Sentiment: Raised revenue guidance — Pattern updated guidance above Street estimates: Q1 revenue guided to ~$710M–$720M (vs. ~$690M consensus) and FY revenue guided to ~$3.1B–$3.2B (vs. ~$2.8B consensus), suggesting continued scaling of marketplace operations. BusinessWire Release
• Positive Sentiment: $100M share repurchase — The board authorized up to $100 million to buy back shares (about 5.6% of float), a sign management views the stock as undervalued and a near-term support for the share price. RTT News
• Positive Sentiment: Record FY and Q4 results — Management described 2025 as a “defining year,” citing record revenue and scale improvements tied to its marketplace tech and AI capabilities. This bolsters the growth narrative investors are rewarding. BusinessWire Release
• Neutral Sentiment: Earnings call & transcript — Management discussed strategic initiatives (marketplace expansion, AI/tech leverage) and execution plans; these support the guidance but will need follow-through to sustain multiple expansion. Yahoo Earnings Transcript
• Neutral Sentiment: Analyst/preview coverage — Pre-earnings previews and post-result commentary framed the beat and guidance as the main catalysts; monitor margin trends and cash conversion in upcoming reports. The Hour Snapshot

About Pattern Group

At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.