Porch Group, Inc. (PRCH)
NASDAQ: PRCH · Real-Time Price · USD
5.59
+1.82 (48.28%)
Dec 3, 2024, 2:02 PM EST - Market open
Porch Group Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Porch Group stock have an average target of 4.18, with a low estimate of 1.50 and a high estimate of 7.00. The average target predicts a decrease of -25.22% from the current stock price of 5.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Porch Group stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $4 → $5 | Buy | Maintains | $4 → $5 | -10.55% | Nov 11, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +25.22% | Oct 29, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3 → $4 | Strong Buy | Maintains | $3 → $4 | -28.44% | Oct 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.75 → $1.5 | Hold | Maintains | $3.75 → $1.5 | -73.17% | Aug 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $4.5 → $3.5 | Buy | Maintains | $4.5 → $3.5 | -37.39% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
457.39M
from 430.30M
Increased by 6.30%
Revenue Next Year
441.68M
from 457.39M
Decreased by -3.43%
EPS This Year
-0.91
from -1.39
EPS Next Year
-0.77
from -0.91
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 473.7M | 524.6M | 597.9M |
| Avg | 457.4M | 441.7M | 547.6M |
| Low | 438.0M | 320.4M | 479.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1% | 14.7% | 35.4% |
| Avg | 6.3% | -3.4% | 24.0% |
| Low | 1.8% | -30.0% | 8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.65 | -0.65 | -0.08 |
| Avg | -0.91 | -0.77 | -0.43 |
| Low | -1.01 | -0.89 | -0.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.