Porch Group, Inc. (PRCH)
NASDAQ: PRCH · IEX Real-Time Price · USD
1.860
-0.020 (-1.06%)
At close: Jul 19, 2024, 4:00 PM
1.790
-0.070 (-3.76%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Porch Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Porch Group stock have an average target of 6.75, with a low estimate of 3.75 and a high estimate of 14. The average target predicts an increase of 262.90% from the current stock price of 1.86.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Porch Group stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.75 | Hold | Maintains | $3.75 | +101.61% | Jul 2, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $6 | Buy | Reiterates | $6 | +222.58% | Apr 11, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $3 → $5 | Buy | Maintains | $3 → $5 | +168.82% | Apr 3, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.5 → $3.75 | Hold | Maintains | $3.5 → $3.75 | +101.61% | Mar 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $2 → $3.5 | Hold | Maintains | $2 → $3.5 | +88.17% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
466.69M
from 430.30M
Increased by 8.46%
Revenue Next Year
508.07M
from 466.69M
Increased by 8.87%
EPS This Year
-0.59
from -1.39
EPS Next Year
-0.61
from -0.59
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 493.0M | 595.0M | 626.2M |
| Avg | 466.7M | 508.1M | 599.2M |
| Low | 421.2M | 377.3M | 569.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.6% | 27.5% | 23.3% |
| Avg | 8.5% | 8.9% | 17.9% |
| Low | -2.1% | -19.1% | 12.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.02 | 0.14 | 0.18 |
| Avg | -0.59 | -0.61 | -0.17 |
| Low | -0.74 | -0.93 | -0.50 |
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.