Performant Financial Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for PFMT stock has a target of 7.00, which predicts an increase of 133.33% from the current stock price of 3.00.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$7.00	$7.00	$7.00
Change	+133.33%	+133.33%	+133.33%	+133.33%

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
Kyle Bauser B. Riley Securities	B. Riley Securities	Strong Buy Maintains $8 → $7	Strong Buy	Maintains	$8 → $7	+133.33%	Nov 7, 2024
Kyle Bauser B. Riley Securities	B. Riley Securities	Strong Buy Initiates $8	Strong Buy	Initiates	$8	+166.67%	Jul 25, 2024
Jacob Stephan Lake Street	Lake Street	Strong Buy Initiates $8	Strong Buy	Initiates	$8	+166.67%	Dec 20, 2022
George Sutton Craig-Hallum	Craig-Hallum	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+233.33%	Jul 7, 2021
Michael Tarkan Compass Point	Compass Point	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Jan 12, 2018

More Analyst Ratings

Financial Forecast

Revenue This Year

124.80M

from 113.74M

9.72%

from 113.74M

Revenue Next Year

137.16M

from 124.80M

9.90%

from 124.80M

EPS This Year

-0.11

from -0.10

EPS Next Year

0.03

from -0.11

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	150.43M	155.94M	124.39M	109.18M	113.74M	124.80M	137.16M
Revenue Growth	-3.36%	3.66%	-20.23%	-12.23%	4.18%	9.72%	9.90%
EPS	-0.50	-0.26	-0.17	-0.09	-0.10	-0.11	0.03
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	88.24
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2024	2025
High	128.6M	142.3M
Avg	124.8M	137.2M
Low	119.9M	131.0M

Revenue Growth

Revenue Growth	2024	2025
High	13.0%	14.0%
Avg	9.7%	9.9%
Low	5.4%	5.0%

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.