Goosehead Insurance Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Goosehead Insurance stock have an average target of 80.33, with a low estimate of 62 and a high estimate of 100. The average target predicts an increase of 38.96% from the current stock price of 57.81.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$62	$80.33	$80	$100
Change	+7.25%	+38.96%	+38.38%	+72.98%

Analyst Ratings

The average analyst rating for GSHD stock from 9 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	1
Buy	6	6	6	6	6	6
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $100	Buy	Reiterates	$100	+72.98%	Apr 15, 2024
Pablo Singzon JP Morgan	JP Morgan	Hold Maintains $61 → $62	Hold	Maintains	$61 → $62	+7.25%	Apr 8, 2024
Michael Zaremski BMO Capital	BMO Capital	Buy Maintains $95 → $90	Buy	Maintains	$95 → $90	+55.68%	Mar 28, 2024
Paul Newsome Piper Sandler	Piper Sandler	Buy Maintains $85 → $88	Buy	Maintains	$85 → $88	+52.22%	Mar 28, 2024
Mark Hughes Truist Securities	Truist Securities	Hold Maintains $75 → $70	Hold	Maintains	$75 → $70	+21.09%	Mar 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

319.12M

from 261.28M

22.14%

from 261.28M

Revenue Next Year

412.76M

from 319.12M

29.34%

from 319.12M

EPS This Year

1.63

from 0.55

195.58%

from 0.55

EPS Next Year

2.27

from 1.63

39.90%

from 1.63

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	77.49M	117.01M	151.31M	209.39M	261.28M	319.12M	412.76M	587.48M	739.19M	904.33M
Revenue Growth	28.83%	51.01%	29.31%	38.38%	24.78%	22.14%	29.34%	42.33%	25.82%	22.34%
EPS	0.22	0.51	0.26	0.03	0.55	1.63	2.27	3.03	3.97	5.15
EPS Growth	-	131.82%	-49.02%	-88.46%	1,733.33%	195.58%	39.90%	33.20%	30.98%	29.82%
No. Analysts	-	-	-	-	-	13	13	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	335.5M	472.8M	610.3M	760.9M	930.9M
Avg	319.1M	412.8M	587.5M	739.2M	904.3M
Low	295.2M	350.8M	559.3M	710.2M	868.9M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	28.4%	48.2%	47.8%	29.5%	25.9%
Avg	22.1%	29.3%	42.3%	25.8%	22.3%
Low	13.0%	9.9%	35.5%	20.9%	17.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.74	2.57	3.51	4.08	5.30
Avg	1.63	2.27	3.03	3.97	5.15
Low	1.47	1.71	2.55	3.81	4.95

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	216.9%	58.2%	54.2%	34.8%	33.6%
Avg	195.6%	39.9%	33.2%	31.0%	29.8%
Low	167.3%	5.5%	12.0%	25.8%	24.7%

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.