Bending Spoons (NASDAQ:BSP) Given New $50.00 Price Target at Benchmark

Bending Spoons (NASDAQ:BSP) had its price target raised by equities research analysts at Benchmark from $45.00 to $50.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Benchmark’s price objective indicates a potential upside of 21.15% from the stock’s current price.

BSP has been the subject of a number of other reports. The Goldman Sachs Group started coverage on shares of Bending Spoons in a report on Monday, July 27th. They issued a “buy” rating and a $43.00 target price for the company. Zacks Research upgraded shares of Bending Spoons to a “hold” rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. assumed coverage on shares of Bending Spoons in a research note on Monday, July 27th. They set a “neutral” rating and a $35.00 price objective for the company. Evercore initiated coverage on Bending Spoons in a report on Monday, July 27th. They set a “hold” rating and a $36.00 price objective for the company. Finally, Wells Fargo & Company began coverage on Bending Spoons in a research report on Monday, July 27th. They issued an “overweight” rating and a $45.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $43.80.

Bending Spoons Trading Up 0.9%

NASDAQ BSP opened at $41.27 on Friday. Bending Spoons has a twelve month low of $30.11 and a twelve month high of $58.94.

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

More Bending Spoons News

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.