Performant Financial Corporation (PFMT)
NASDAQ: PFMT · Real-Time Price · USD
3.920
-0.040 (-1.01%)
Nov 4, 2024, 4:00 PM EST - Market closed
Performant Financial Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for PFMT stock has a target of 8.00, which predicts an increase of 104.08% from the current stock price of 3.92.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 25, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for PFMT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +104.08% | Jul 25, 2024 |
| Lake Street | Lake Street | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +104.08% | Dec 20, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +155.10% | Jul 7, 2021 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jan 12, 2018 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 12, 2016 |
Financial Forecast
Revenue This Year
128.39M
from 113.74M
Increased by 12.88%
Revenue Next Year
147.13M
from 128.39M
Increased by 14.60%
EPS This Year
-0.11
from -0.10
EPS Next Year
0.03
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 132.4M | 151.8M |
| Avg | 128.4M | 147.1M |
| Low | 123.1M | 141.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.4% | 18.3% |
| Avg | 12.9% | 14.6% |
| Low | 8.2% | 9.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.08 | 0.08 |
| Avg | -0.11 | 0.03 |
| Low | -0.13 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.