The latest price target for Velocity Financial (NYSE:VEL) was reported by JMP Securities on September 16, 2024. The analyst firm set a price target for $21.00 expecting VEL to rise to within 12 months (a possible 7.09% upside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for Velocity Financial (NYSE:VEL) was provided by JMP Securities, and Velocity Financial reiterated their market outperform rating.

There is no last upgrade for Velocity Financial

The last downgrade for Velocity Financial Inc happened on October 13, 2022 when Citigroup changed their price target from N/A to N/A for Velocity Financial Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Velocity Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Velocity Financial was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.

While ratings are subjective and will change, the latest Velocity Financial (VEL) rating was a reiterated with a price target of $21.00 to $21.00. The current price Velocity Financial (VEL) is trading at is $19.61, which is out of the analyst’s predicted range.