Brightcove Inc. (BCOV)
NASDAQ: BCOV · IEX Real-Time Price · USD
2.510
-0.010 (-0.40%)
At close: Jul 19, 2024, 4:00 PM
2.450
-0.060 (-2.39%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Brightcove Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Brightcove stock have an average target of 4.00, with a low estimate of 3.00 and a high estimate of 5.00. The average target predicts an increase of 59.36% from the current stock price of 2.51.
Analyst Consensus: Buy
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for Brightcove stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | +19.52% | Feb 23, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $7.5 → $5 | Strong Buy | Maintains | $7.5 → $5 | +99.20% | Feb 23, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +258.57% | Aug 3, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +258.57% | Aug 1, 2023 |
| Lake Street | Lake Street | Hold → Strong Buy Upgrades $4.5 → $5 | Hold → Strong Buy | Upgrades | $4.5 → $5 | +99.20% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
200.73M
from 201.19M
Decreased by -0.23%
Revenue Next Year
206.11M
from 200.73M
Increased by 2.68%
EPS This Year
-0.08
from -0.53
EPS Next Year
n/a
from -0.08
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 206.9M | 214.1M |
| Avg | 200.7M | 206.1M |
| Low | 192.6M | 196.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.9% | 6.7% |
| Avg | -0.2% | 2.7% |
| Low | -4.3% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.07 | 0.01 |
| Avg | -0.08 | - |
| Low | -0.09 | -0.01 |
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.