Inspired Entertainment (INSE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 104.1% in Inspired Entertainment (INSE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Inspired Entertainment (INSE) delivered earnings and revenue surprises of 150% and 7.77%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?