The average of price targets set by Wall Street analysts indicates a potential upside of 50.5% in Sohu.com (SOHU). 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.
Healthy momentum in online games helps SOHU beat first-quarter 2022 earnings estimates.
Sohu.com (SOHU) delivered earnings and revenue surprises of 122.58% and 11.86%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?