Porch Group, Inc. (PRCH)
NASDAQ: PRCH · IEX Real-Time Price · USD
4.310
+0.180 (4.36%)
At close: Mar 28, 2024, 4:00 PM
4.270
-0.040 (-0.93%)
After-hours: Mar 28, 2024, 6:17 PM EDT
Porch Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Porch Group stock have an average target of 6.44, with a low estimate of 3.00 and a high estimate of 14. The average target predicts an increase of 49.42% from the current stock price of 4.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Porch Group stock from 4 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 3 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.5 → $3.75 | Hold | Maintains | $3.5 → $3.75 | -12.99% | Mar 22, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $2 → $3.5 | Hold | Maintains | $2 → $3.5 | -18.79% | Mar 11, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3 → $5 | Strong Buy | Maintains | $3 → $5 | +16.01% | Mar 8, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $3 | Buy | Reiterates | $3 | -30.39% | Mar 8, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $6 → $3 | Buy | Maintains | $6 → $3 | -30.39% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
412.06M
from 430.30M
Decreased by -4.24%
Revenue Next Year
472.73M
from 412.06M
Increased by 14.72%
EPS This Year
-0.85
from -1.39
EPS Next Year
-0.64
from -0.85
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 497.7M | 574.4M |
Avg | 412.1M | 472.7M |
Low | 339.6M | 430.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 15.7% | 39.4% |
Avg | -4.2% | 14.7% |
Low | -21.1% | 4.5% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.44 | -0.32 |
Avg | -0.85 | -0.64 |
Low | -1.11 | -0.95 |
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.