Bending Spoons (NASDAQ:BSP) Given New $38.00 Price Target at JPMorgan Chase & Co.

Bending Spoons (NASDAQ:BSP) had its target price lifted by JPMorgan Chase & Co. from $35.00 to $38.00 in a research note issued to investors on Friday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the company. Sanford C. Bernstein reiterated an “outperform” rating and issued a $47.00 target price on shares of Bending Spoons in a report on Friday. Evercore assumed coverage on Bending Spoons in a report on Monday, July 27th. They set a “hold” rating and a $36.00 price target on the stock. Bank of America downgraded Bending Spoons from a “neutral” rating to an “underperform” rating and set a $39.00 price target for the company. in a research report on Wednesday. Mizuho set a $72.00 price objective on shares of Bending Spoons in a research note on Tuesday. Finally, Wells Fargo & Company assumed coverage on shares of Bending Spoons in a research report on Monday, July 27th. They set an “overweight” rating and a $45.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.80.

Bending Spoons Stock Down 3.9%

Shares of NASDAQ:BSP opened at $39.31 on Friday. Bending Spoons has a 12 month low of $30.11 and a 12 month 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 for the quarter, topping the consensus estimate of $0.27 by $0.19. The company had revenue of $704.15 million for the quarter. The company’s revenue was up 126.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Bending Spoons will post 1.27 EPS for the current fiscal year.

Key Headlines Impacting Bending Spoons

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

• Positive Sentiment: Bending Spoons reported Q2 2026 adjusted EPS of $0.46, exceeding the $0.27 analyst consensus by $0.19. Revenue reached approximately $704 million, up 126.3% year over year and above expectations by about $21 million. Bending Spoons Q2 earnings report
• Positive Sentiment: Benchmark raised its price target from $45 to $50 and maintained a “buy” rating, implying substantial upside. The firm cited the inaugural earnings and revenue beat. Benchmark price-target increase
• Neutral Sentiment: Third-quarter revenue guidance of $733 million to $745 million brackets the $738.6 million consensus estimate, suggesting continued growth but limited near-term upside relative to expectations. Full-year revenue guidance of approximately $2.8 billion is below the $2.9 billion consensus forecast. Bending Spoons Q2 results
• Neutral Sentiment: Management’s earnings call focused on the company’s rapid expansion and acquisition strategy, which is driving strong reported growth but also increasing the financial burden of mergers and acquisitions. Bending Spoons Q2 earnings call transcript
• Negative Sentiment: JPMorgan raised its target from $35 to $38 but kept a “neutral” rating, while Bank of America downgraded the stock to “underperform.” These cautious views indicate concerns about valuation, execution or the sustainability of acquisition-led growth. JPMorgan analyst action Bank of America downgrade

Bending Spoons Company Profile

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.