Performant Healthcare, Inc. (PHLT)

Performant Healthcare Stock Forecast

Stock Price Forecast

The 2 analysts that cover Performant Healthcare stock have a consensus rating of "Buy" and an average price target of $7.88, which forecasts a 2.60% increase in the stock price over the next year. The lowest target is $7.75 and the highest is $8.00.

Price Target: $7.88 (+2.60%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$7.75	$7.88	$8.00	$8.00
Change	+0.91%	+2.60%	+4.17%	+4.17%

* Price targets were last updated on Aug 4, 2025.

Analyst Ratings

The average analyst rating for Performant Healthcare stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25
Strong Buy	0	0	0
Buy	1	1	1
Hold	0	1	1
Sell	0	0	0
Strong Sell	0	0	0
Total	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jacob Stephan Lake Street	Lake Street	Strong Buy → Hold Downgrades $7.75	Strong Buy → Hold	Downgrades	$7.75	+0.91%	Aug 4, 2025
Nico Frelick JMP Securities	JMP Securities	Buy Initiates $8	Buy	Initiates	$8	+4.17%	Jul 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

138.21M

Increased by 12.38%

from 122.98M

Revenue Next Year

152.16M

Increased by 10.09%

from 138.21M

EPS This Year

-0.01

from -0.13

EPS Next Year

0.10

from -0.01

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	155.94M	124.39M	109.18M	113.74M	122.98M	138.21M	152.16M
Revenue Growth	3.66%	-20.23%	-12.23%	4.18%	8.12%	12.38%	10.09%
EPS	-0.26	-0.17	-0.09	-0.10	-0.13	-0.01	0.10
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	75.29
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	147.4M	158.7M
Avg	138.2M	152.2M
Low	130.7M	143.7M

Revenue Growth

Revenue Growth	2025	2026	2027
High	19.9%	14.8%
Avg	12.4%	10.1%
Low	6.3%	4.0%

EPS Forecast

EPS	2025	2026	2027
High	0.03	0.17
Avg	-0.01	0.10
Low	-0.08	-0.01

EPS Growth

EPS Growth	2025	2026	2027
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.