Brightcove Inc. (BCOV)
NASDAQ: BCOV · Real-Time Price · USD
3.000
+0.010 (0.33%)
Nov 21, 2024, 12:54 PM EST - Market open
Brightcove Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Brightcove stock have an average target of 4.25, with a low estimate of 3.50 and a high estimate of 5.00. The average target predicts an increase of 41.67% from the current stock price of 3.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Brightcove stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Hold → Strong Buy Upgrades $2.75 → $3.5 | Hold → Strong Buy | Upgrades | $2.75 → $3.5 | +16.67% | Nov 5, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | n/a | Feb 23, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $7.5 → $5 | Strong Buy | Maintains | $7.5 → $5 | +66.67% | Feb 23, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +200.00% | Aug 3, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +200.00% | Aug 1, 2023 |
Financial Forecast
Revenue This Year
201.59M
from 201.19M
Increased by 0.20%
Revenue Next Year
205.22M
from 201.59M
Increased by 1.80%
EPS This Year
-0.05
from -0.53
EPS Next Year
-0.06
from -0.05
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 208.1M | 213.4M |
| Avg | 201.6M | 205.2M |
| Low | 193.2M | 195.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.4% | 5.8% |
| Avg | 0.2% | 1.8% |
| Low | -4.0% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.01 | 0.01 |
| Avg | -0.05 | -0.06 |
| Low | -0.09 | -0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.