Porch Group, Inc. (PRCH)
NASDAQ: PRCH · Real-Time Price · USD
2.085
+0.055 (2.71%)
Nov 5, 2024, 2:19 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 4.32, with a low estimate of 1.50 and a high estimate of 7.00. The average target predicts an increase of 107.19% from the current stock price of 2.09.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 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 | 5 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +235.73% | Oct 29, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3 → $4 | Strong Buy | Maintains | $3 → $4 | +91.85% | Oct 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.75 → $1.5 | Hold | Maintains | $3.75 → $1.5 | -28.06% | Aug 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $4.5 → $3.5 | Buy | Maintains | $4.5 → $3.5 | +67.87% | Aug 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $10 → $7 | Strong Buy | Maintains | $10 → $7 | +235.73% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
467.59M
from 430.30M
Increased by 8.67%
Revenue Next Year
493.58M
from 467.59M
Increased by 5.56%
EPS This Year
-1.01
from -1.39
EPS Next Year
-0.78
from -1.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 488.0M | 576.9M | 595.1M |
| Avg | 467.6M | 493.6M | 576.7M |
| Low | 446.6M | 369.8M | 552.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 23.4% | 20.6% |
| Avg | 8.7% | 5.6% | 16.8% |
| Low | 3.8% | -20.9% | 12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.96 | -0.65 | -0.45 |
| Avg | -1.01 | -0.78 | -0.61 |
| Low | -1.11 | -0.93 | -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.