Goosehead Insurance Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Goosehead Insurance stock have an average target of 76.83, with a low estimate of 37 and a high estimate of 100. The average target predicts a decrease of -13.36% from the current stock price of 88.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$37	$76.83	$80	$100
Change	-58.28%	-13.36%	-9.79%	+12.76%

Analyst Ratings

The average analyst rating for GSHD stock from 12 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	2	2	2
Buy	6	6	6	5	6	7
Hold	2	2	2	2	2	2
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	9	9	9	10	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tommy McJoynt Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Reiterates $85 → $84	Buy	Reiterates	$85 → $84	-5.28%	Jul 26, 2024
Scott Heleniak RBC Capital	RBC Capital	Buy Reiterates $80	Buy	Reiterates	$80	-9.79%	Jul 25, 2024
Paul Newsome Piper Sandler	Piper Sandler	Buy Maintains $65 → $72	Buy	Maintains	$65 → $72	-18.81%	Jul 25, 2024
Mark Hughes Truist Securities	Truist Securities	Hold Maintains $60 → $65	Hold	Maintains	$60 → $65	-26.70%	Jul 25, 2024
Pablo Singzon JP Morgan	JP Morgan	Hold Maintains $59 → $65	Hold	Maintains	$59 → $65	-26.70%	Jul 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

306.00M

from 261.28M

17.12%

from 261.28M

Revenue Next Year

390.55M

from 306.00M

27.63%

from 306.00M

EPS This Year

1.56

from 0.55

183.51%

from 0.55

EPS Next Year

2.14

from 1.56

37.21%

from 1.56

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	77.49M	117.01M	151.31M	209.39M	261.28M	306.00M	390.55M	558.63M	734.30M	932.99M
Revenue Growth	28.83%	51.01%	29.31%	38.38%	24.78%	17.12%	27.63%	43.04%	31.45%	27.06%
EPS	0.22	0.51	0.26	0.03	0.55	1.56	2.14	3.08	3.28	4.07
EPS Growth	-	131.82%	-49.02%	-88.46%	1,733.33%	183.51%	37.21%	43.73%	6.63%	24.26%
Forward PE	-	-	-	-	-	56.87	41.45	28.84	27.04	21.76
No. Analysts	-	-	-	-	-	13	13	4	4	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	323.8M	442.6M	582.4M	755.9M	960.4M
Avg	306.0M	390.6M	558.6M	734.3M	933.0M
Low	284.4M	333.2M	529.9M	705.5M	896.4M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	23.9%	44.6%	49.1%	35.3%	30.8%
Avg	17.1%	27.6%	43.0%	31.4%	27.1%
Low	8.9%	8.9%	35.7%	26.3%	22.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.75	2.54	3.47	3.73	4.76
Avg	1.56	2.14	3.08	3.28	4.07
Low	1.31	1.57	2.68	2.82	3.39

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	218.8%	63.0%	61.9%	21.2%	45.0%
Avg	183.5%	37.2%	43.7%	6.6%	24.3%
Low	138.8%	0.6%	25.0%	-8.2%	3.4%

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.