BGC Group, Inc (BGC)
NASDAQ: BGC · IEX Real-Time Price · USD
8.60
+0.12 (1.42%)
Jul 2, 2024, 4:00 PM EDT - Market closed
BGC Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for BGC Group stock has a target of 10, which predicts an increase of 16.28% from the current stock price of 8.60.
Analyst Consensus: Buy
Analyst Ratings
According to 1 stock analyst, the rating for BGC Group is "Buy". This means that the analyst believes 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $10 | Buy | Reiterates | $10 | +16.28% | Jul 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $9 → $10 | Buy | Maintains | $9 → $10 | +16.28% | May 6, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $8.5 → $9 | Buy | Maintains | $8.5 → $9 | +4.65% | Apr 12, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $8 → $8.5 | Buy | Maintains | $8 → $8.5 | -1.16% | Feb 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $7.5 → $8 | Buy | Maintains | $7.5 → $8 | -6.98% | Oct 31, 2023 |
Financial Forecast
Revenue This Year
2.22B
from 2.03B
Increased by 9.71%
Revenue Next Year
2.22B
from 2.22B
Decreased by -0.32%
EPS This Year
0.93
from 0.07
Increased by 1,227.43%
EPS Next Year
1.03
from 0.93
Increased by 10.49%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.3B | 2.5B |
| Avg | 2.2B | 2.4B |
| Low | 2.1B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.7% | 13.3% |
| Avg | 9.4% | 9.0% |
| Low | 5.1% | 5.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.08 | 1.26 |
| Avg | 1.03 | 1.21 |
| Low | 0.98 | 1.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1,445.0% | 22.9% |
| Avg | 1,366.7% | 18.2% |
| Low | 1,304.2% | 14.7% |
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.