Ambac Financial Group, Inc. (AMBC)
NYSE: AMBC · IEX Real-Time Price · USD
12.51
0.00 (0.00%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Ambac Financial Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for AMBC stock has a target of 19, which predicts an increase of 51.88% from the current stock price of 12.51.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $19 $19 $19 $19
Change +51.88% +51.88% +51.88% +51.88%
* Price targets were last updated on May 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for AMBC is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000011
Buy 000000
Hold 111100
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Compass Point
Compass Point
Strong Buy
Maintains
$18$19
Strong Buy Maintains $18$19 +51.88% May 8, 2024
Compass Point
Compass Point
Hold
Initiates
$18
Hold Initiates $18 +43.88% Nov 28, 2022
MKM Partners
MKM Partners
Hold
Upgrades
n/a
Hold Upgrades n/a n/a May 12, 2017
BTIG
BTIG
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Mar 2, 2017
MKM Partners
MKM Partners
Strong Sell
Downgrades
n/a
Strong Sell Downgrades n/a n/a Dec 19, 2016
More Analyst Ratings

Financial Forecast

Revenue This Year
345.97M
from 269.00M
Increased by 28.61%
Revenue Next Year
n/a
from 345.97M
EPS This Year
1.42
from 0.18
Increased by 689.55%
EPS Next Year
0.87
from 1.42
Decreased by -39.00%
Year 20192020202120222023202420252026
Revenue
496.00M156.00M282.00M505.00M269.00M345.97M--
Revenue Growth
-2.94%-68.55%80.77%79.08%-46.73%28.61%--
EPS
-4.69-9.47-0.6111.310.181.420.870.82
EPS Growth
-----98.41%689.55%-39.00%-5.88%
Forward PE
-----8.8014.4315.33
No. Analysts -----543
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 356.2M
Avg 346.0M
Low 332.4M

Revenue Growth

Revenue Growth 2024
High
32.4%
Avg
28.6%
Low
23.6%

EPS Forecast

EPS 202420252026
High 1.82 1.26 0.84
Avg 1.42 0.87 0.82
Low 0.98 0.49 0.78

EPS Growth

EPS Growth 202420252026
High
909.2%
-11.3%
-3.1%
Avg
689.6%
-39.0%
-5.9%
Low
444.4%
-65.5%
-9.6%
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.