BGC Group, Inc (BGC)
NASDAQ: BGC · IEX Real-Time Price · USD
7.77
+0.13 (1.70%)
At close: Mar 28, 2024, 4:00 PM
7.67
-0.10 (-1.29%)
After-hours: Mar 28, 2024, 6:04 PM EDT

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 9.40% from the current stock price of 7.77.

Analyst Consensus: Buy
Target Low Average Median High
Price $8.50 $8.50 $8.50 $8.50
Change +9.40% +9.40% +9.40% +9.40%
* Price targets were last updated on Feb 15, 2024.

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 Nov '23Dec '23Jan '24Feb '24Mar '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 +9.40% Feb 15, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$7.5$8
Buy Maintains $7.5$8 +2.96% Oct 31, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$7$7.5
Buy Maintains $7$7.5 -3.47% Aug 3, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$8.5$7
Buy Maintains $8.5$7 -9.91% Jul 5, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.24B
from 2.03B
Increased by 10.79%
Revenue Next Year
2.22B
from 2.24B
Decreased by -1.29%
EPS This Year
0.92
from 0.07
Increased by 1,213.00%
EPS Next Year
1.03
from 0.92
Increased by 11.70%
Year 201920202021202220232024202420252025
Revenue
2.10B2.06B2.02B1.80B2.03B2.24B2.22B2.45B2.42B
Revenue Growth
8.61%-2.27%-2.01%-10.92%12.82%10.79%-1.29%10.52%-1.35%
EPS
0.120.120.320.130.070.921.031.001.21
EPS Growth
-50.00%-166.67%-59.38%-46.15%1,213.00%11.70%-2.61%21.41%
No. Analysts -----2322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 2.3B 2.5B
Avg 2.2B 2.4B
Low 2.1B 2.3B

Revenue Growth

Revenue Growth 20242025
High
14.7%
13.3%
Avg
9.4%
9.0%
Low
5.1%
5.8%

EPS Forecast

EPS 20242025
High 1.08 1.26
Avg 1.03 1.21
Low 0.98 1.18

EPS Growth

EPS Growth 20242025
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.