Pattern Group Inc (PTRN) PT Raised to $27 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the price target on Pattern Group Inc (NASDAQ: PTRN) to $27.00 (from $23.00) while maintaining a Buy rating.

The analyst comments "We attended Accelerate 2026 - Pattern's annual eCommerce summit on May 21-22. During the conference, highlighted a number of products and announced the launch of Pattern Intelligence (Pi). In addition to summarizing key takeaways from the event, we highlight key takeaways from PTRN's Q1'26 earnings. We continue to view Pattern (PTRN) as being positively levered to several long-term secular tailwinds - including the shift from offline to online channels and believe that the company is in the early stages of expanding beyond its core marketplace (Amazon). Near term, we expect investor debates to remain focused around the building blocks toward driving growth outside of Amazon (and the contribution from existing brands vs. new brands), commentary surrounding PTRN's new brand partner pipeline and the health of the consumer. We maintain our Buy rating, adjust our PT from $23 to $27 and update our forward operating estimates (on the back of Q1'26 EPS) and mgmt's forward commentary."

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