Robert W. Baird Cuts Pattern Group (NASDAQ:PTRN) Price Target to $20.00

Pattern Group (NASDAQ:PTRN) had its price target lowered by equities research analysts at Robert W. Baird from $22.00 to $20.00 in a research note issued 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 stock’s current price.

PTRN has been the topic of a number of other research reports. Stifel Nicolaus set a $22.00 price target on shares of Pattern Group in a research report on Thursday, November 6th. Needham & Company LLC restated a “buy” rating and issued a $22.00 target price on shares of Pattern Group in a report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d)” rating on shares of Pattern Group in a report on Wednesday, December 24th. Evercore set a $23.00 price objective on Pattern Group and gave the company an “outperform” rating in a research note on Thursday, November 6th. Finally, KeyCorp raised their target price on Pattern Group from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Ten equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.78.

Pattern Group Price Performance

Shares of PTRN opened at $11.68 on Friday. The stock’s 50-day moving average is $12.48. Pattern Group has a 12 month low of $8.92 and a 12 month high of $20.10. The firm has a market cap of $1.80 billion and a P/E ratio of -5.33.

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

Pattern Group declared that its Board of Directors has authorized a stock repurchase plan on Thursday, March 5th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 5.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Institutional Trading of Pattern Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Clearstead Advisors LLC raised its stake in Pattern Group by 222.0% during the 4th quarter. Clearstead Advisors LLC now owns 2,373 shares of the company’s stock worth $27,000 after buying an additional 1,636 shares during the period. Federation des caisses Desjardins du Quebec bought a new stake in shares of Pattern Group during the fourth quarter valued at approximately $58,000. PNC Financial Services Group Inc. acquired a new position in shares of Pattern Group during the third quarter worth approximately $89,000. FNY Investment Advisers LLC bought a new position in shares of Pattern Group in the 3rd quarter worth $137,000. Finally, Susquehanna International Group LLP acquired a new stake in Pattern Group in the 3rd quarter valued at $137,000.

Key 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.