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Analyst price forecast

Note: This documentation applies to the Nuvexlens Advanced Charting System. Nuvexlens fully supports technical indicators and strategy backtesting to help you make smarter trading decisions.

Analyst price forecast

The price forecast displayed on the chart of the Forecast tab of the symbol page reflects the dynamics of price changes over the past 2 years and the forecast of possible price behavior by the end of the next year. You can see three predicted price levels: minimum, maximum and average.

Where does the forecast come from?
FactSet provides analyst recommendations and their consensus score is a predictive measure of future price movement, giving insight into market expectations for each security.

For example, the screenshot shows 38 analysts' yearly consensus price prediction for NASDAQ:AAPL on November 28, 2022.


Forecast data is available for a number of symbols from the following exchanges: ADX, AMEX, ASX, ATHEX, BAHRAIN, BCBA, BCS, BER, BET, BIST, BME, BMFBOVESPA, BMV, BSE, BVB, BVC, BVL, BX, CSE, DFM, DUS, EGX, EURONEXT, FSE, FWB, GPW, HAM, HAN, HKEX, HNX, HOSE, IDX, JSE, KRX, LSE, LSIN, LUXSE, MIL, MUN, MYX, NAG, NASDAQ, NEO, NGM, NSE, NSENG, NYSE, NZX, OMXCOP, OMXHEX, OMXSTO, OMXTSE, OSL, OTC, PSE, QSE, SAPSE, SET, SGX, SIX, SSE, SWB, SZSE, TADAWUL, TASE, TPEX, TSE, TSX, TSXV, TWSE, UPCOM, XETR.

Remember that the forecast is not an investment recommendation or a guide to action. In investments and trading, you should not make any decisions without your own evaluation of the instrument.