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Can Groupon (GRPN) Stock Reach $29?

an operator of a shopping website that offers a daily deal on local goods, services and cultural events

A.I.Advisor
published price charts
A.I.Advisor
Nov 10, 2026

Can Groupon (GRPN) Stock Reach $29?

Groupon, Inc. (GRPN), the Chicago-based online marketplace that connects shoppers with discounted local goods and services, has become one of the most debated small-cap names in the consumer discretionary sector. After a volatile 2026 and a third-quarter earnings miss that triggered a sharp sell-off, the central question for investors is whether the stock can climb back toward the $29 analyst-derived price target.

Key Takeaways

  • The central target of $29 is the arithmetic mean of three verified analyst price targets — $16, $30, and $40 — which average $28.67 and round to $29.
  • Shares last closed near $16.25 and dropped roughly 20% in premarket trading after third-quarter results, underscoring how far the stock sits below the target.
  • The analyst range is unusually wide, from $16 to $40, reflecting a deep split between bullish turnaround believers and cautious skeptics.
  • Supporting factors include AI-driven initiatives, international billings growth, restructuring cost savings, and an active buyback program.
  • Key risks include a revenue miss, a reduced full-year outlook, take-rate compression, negative free cash flow, and a fragile balance sheet.
  • For more detail on the company's Major News, Today's Price Move, Forecast, and Earnings, explore these dedicated pages.
  • Interested readers can also explore Trending AI Robots for automated market analysis tools.

Analyst Price Targets and Consensus View

Three Wall Street analysts currently publish price targets for GRPN, and their views could hardly be further apart. The most bullish is Roth MKM, which reiterated a $40 target and Buy rating in August 2026. Northland Securities, whose analyst Bobby Brooks maintained an Outperform rating, raised its target to $30 in early November 2026. On the cautious side, Goldman Sachs analyst Eric Sheridan lowered his target to $16 and kept a Sell rating in October 2026, citing concerns about the durability of the company's progress.

The average of these three targets is $28.67, which rounds to a central target of $29. The $16-to-$40 range spans a $24 gap — a sign that analysts disagree fundamentally on whether Groupon's turnaround is genuine. The bulls emphasize improving billings, AI-led efficiency, and a stronger balance sheet, while the bears focus on persistent revenue declines, negative cash flow, and execution risk. Notably, this wide dispersion means the $29 average is not a forecast most analysts would endorse individually; it is a midpoint between very different outlooks.

Current Market Position and Path Toward the Target

Groupon shares last closed near $16.25, then fell sharply in premarket trading to roughly $13 after the company reported third-quarter results. From the $16.25 close, reaching $29 would require a gain of roughly 78% — a very large move by any standard, and even larger if measured from the depressed post-earnings price. That magnitude reflects both the stock's recent weakness and the ambition embedded in the bullish targets.

The company reported a third-quarter loss of $0.03 per share, missing the $0.01 consensus loss, while revenue of $125.45 million fell short of the $129.39 million estimate. Management also cut its full-year 2026 revenue outlook to $500–503 million from $513–523 million, citing a lower take rate, spending on customer trust and quality, and marketing-efficiency challenges. Against this backdrop, a move toward $29 would require a sustained return to billings growth, margin recovery, and renewed investor confidence — a path that appears steep near-term but is not outside the range the bulls envision.

What Could Support a Move Toward the Target

Several verified factors could underpin a recovery. Billings rose 6% to $439 million in the quarter, and International Local billings grew 11%, signaling demand in key markets. The company is betting heavily on AI, launching FoundryAI internally and relaunching LivingSocial as an AI-powered marketplace focused on agentic commerce. A restructuring plan targeting up to 400 positions is expected to deliver $20–25 million in annualized savings. Groupon also repurchased $48 million in shares during the first nine months of 2026, with about $202 million remaining under authorization, and management reiterated confidence in long-term marketplace opportunity and an "AI-native" operating model.

What Could Prevent the Target From Being Reached

The obstacles are equally clear. The take rate — revenue as a percentage of billings — slipped to 29% from 30% a year earlier, and North America Local revenue was flat. Free cash flow was negative $45.8 million in the quarter, and the company carries negative equity with meaningful debt relative to assets. Active customers were roughly flat at 16.2 million, and unit sales fell 2%. If billings growth stalls, take-rate pressure continues, or the AI and restructuring initiatives fail to convert into profitable growth, the stock could remain anchored well below $29 — and the Goldman Sachs target of $16 suggests some analysts expect precisely that.

Technical Levels and Market Structure

Groupon has been highly volatile, with a 52-week low near $9. The $30 area serves as both Northland's target and a psychologically important round-number resistance zone, meaning the $29 central target essentially coincides with a retest of upper-range levels. On the downside, the $9–10 zone represents the most durable support. The stock's post-earnings slide toward the low-to-mid teens leaves it in the lower half of its recent range, suggesting technical overhead is significant.

Time Horizon and What Investors Should Monitor

Analyst price targets generally reflect a roughly 12-month research horizon, and that appears to be the case here. Investors should watch fourth-quarter results and the 2027 guidance management said it will provide with those results, along with billings growth, take-rate trends, and free cash flow. Any further analyst revisions — particularly whether Goldman maintains its Sell stance or the bulls adjust their targets after the guidance cut — will be pivotal. Macroeconomic conditions affecting consumer discretionary spending and local commerce will also matter.

AI Daily Buy/Sell Signals

Tickeron's AI Daily Buy/Sell Signals use artificial intelligence to continuously monitor thousands of stocks and ETFs, generating Buy, Sell, or Hold signals based on changing market conditions, technical behavior, and AI-driven analysis. For a volatile name like GRPN, where analyst views are sharply divided, these signals can help traders discover opportunities, monitor existing positions, and spot shifting trends more efficiently than manual review. Traders interested in a data-driven complement to traditional research can explore the signals to inform their own process.

Final Assessment

Whether Groupon can reach $29 depends on a turnaround that is not yet proven. The target reflects the arithmetic mean of three widely dispersed analyst views — $16, $30, and $40 — rather than a consensus. Reaching it would require a gain of roughly 78% from the recent close, a very large move. The bull case rests on AI-driven efficiency, international billings growth, restructuring savings, and buybacks; the bear case rests on declining revenue, a reduced outlook, take-rate compression, negative cash flow, and a leveraged balance sheet. The next earnings report and 2027 guidance will be decisive, and no outcome is guaranteed.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

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GRPN and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, GRPN has been loosely correlated with PPLI. These tickers have moved in lockstep 36% of the time. This A.I.-generated data suggests there is some statistical probability that if GRPN jumps, then PPLI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRPN
1D Price
Change %
GRPN100%
-23.05%
PPLI - GRPN
36%
Loosely correlated
+0.95%
SMWB - GRPN
34%
Loosely correlated
-4.40%
OPRA - GRPN
34%
Loosely correlated
+0.52%
MTCH - GRPN
32%
Poorly correlated
+1.63%
ONFO - GRPN
31%
Poorly correlated
-3.95%
More

Groups containing GRPN

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRPN
1D Price
Change %
GRPN100%
-23.05%
Technology Services
category (396 stocks)
11%
Poorly correlated
+1.58%
Can Groupon (GRPN) Stock Reach $29?