SLM Corporation Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for SLM Corporation stock have an average target of 24.27, with a low estimate of 16 and a high estimate of 27. The average target predicts an increase of 10.82% from the current stock price of 21.90.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$24.27	$26	$27
Change	-26.94%	+10.82%	+18.72%	+23.29%

Analyst Ratings

The average analyst rating for SLM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	4	3	3	4	3
Buy	5	4	5	5	5	6
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Arfstrom RBC Capital	RBC Capital	Buy Reiterates $26	Buy	Reiterates	$26	+18.72%	Oct 24, 2024
David Chiaverini Wedbush	Wedbush	Buy Reiterates $26	Buy	Reiterates	$26	+18.72%	Oct 24, 2024
Mark Devries Barclays	Barclays	Buy Maintains $27 → $26	Buy	Maintains	$27 → $26	+18.72%	Oct 24, 2024
Mark Devries Barclays	Barclays	Buy Maintains $23 → $27	Buy	Maintains	$23 → $27	+23.29%	Oct 8, 2024
Richard Shane JP Morgan	JP Morgan	Hold Maintains $25 → $24	Hold	Maintains	$25 → $24	+9.59%	Oct 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.53B

Revenue Next Year

1.59B

from 1.53B

3.93%

from 1.53B

EPS This Year

2.85

from 2.41

18.27%

from 2.41

EPS Next Year

2.98

from 2.85

4.50%

from 2.85

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.53B	1.59B	1.68B
Revenue Growth	18.07%	30.37%	19.90%	-42.24%	23.02%	-	3.93%	5.98%
EPS	1.30	2.25	3.61	1.76	2.41	2.85	2.98	3.30
EPS Growth	21.50%	73.08%	60.44%	-51.25%	36.93%	18.27%	4.50%	10.77%
Forward PE	-	-	-	-	-	7.68	7.35	6.64
No. Analysts	-	-	-	-	-	12	12	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	1.7B	1.7B
Avg	1.5B	1.6B	1.7B
Low	1.5B	1.5B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	10.3%	10.1%
Avg	-	3.9%	6.0%
Low	-	-2.3%	2.8%

EPS Forecast

EPS	2024	2025	2026
High	3.11	3.31	3.67
Avg	2.85	2.98	3.30
Low	2.70	2.74	3.04

EPS Growth

EPS Growth	2024	2025	2026
High	29.0%	16.0%	23.3%
Avg	18.3%	4.5%	10.8%
Low	12.2%	-3.7%	2.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.