BGC Group, Inc (BGC)
NASDAQ: BGC · IEX Real-Time Price · USD
6.95
-0.07 (-1.00%)
Feb 29, 2024, 3:57 PM EST - Market open

BGC Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for BGC Group stock has a target of 8.50, which predicts an increase of 22.30% from the current stock price of 6.95.

Analyst Consensus: Buy
Target Low Average Median High
Price $8.50 $8.50 $8.50 $8.50
Change +22.30% +22.30% +22.30% +22.30%

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 Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 00000
Buy 11111
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$8$8.5
Buy Maintains $8$8.5 +22.30% Feb 15, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$7.5$8
Buy Maintains $7.5$8 +15.11% Oct 31, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$7$7.5
Buy Maintains $7$7.5 +7.91% Aug 3, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$8.5$7
Buy Maintains $8.5$7 +0.72% Jul 5, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.02B
from 1.80B
Increased by 12.74%
Revenue Next Year
2.05B
from 2.02B
Increased by 1.28%
EPS This Year
0.83
from 0.13
Increased by 537.08%
EPS Next Year
0.87
from 0.83
Increased by 5.06%
Year 20182019202020212022202320232024202420252025
Revenue
1.94B2.10B2.06B2.02B1.80B2.02B2.05B2.18B2.22B2.35B2.42B
Revenue Growth
10.67%8.61%-2.27%-2.01%-10.92%12.74%1.28%6.54%1.42%6.00%2.85%
EPS
0.240.120.120.320.130.830.870.921.031.001.21
EPS Growth
--50.00%-166.67%-59.38%537.08%5.06%5.63%11.70%-2.61%21.41%
No. Analysts -----232322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 2.2B 2.3B 2.5B
Avg 2.1B 2.2B 2.4B
Low 1.9B 2.1B 2.3B

Revenue Growth

Revenue Growth 202320242025
High
21.1%
13.4%
13.3%
Avg
14.2%
8.0%
9.0%
Low
8.6%
3.9%
5.8%

EPS Forecast

EPS 202320242025
High 0.91 1.08 1.26
Avg 0.87 1.03 1.21
Low 0.84 0.98 1.18

EPS Growth

EPS Growth 202320242025
High
597.0%
24.3%
22.9%
Avg
569.3%
18.0%
18.2%
Low
548.3%
13.0%
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.