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
Target Low Average Median High
Price $3.00 $6.44 $5.00 $14
Change -30.39% +49.42% +16.01% +224.83%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111112
Buy 111111
Hold 333331
Sell 000000
Strong Sell 000000
Total 555554

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
More Analyst Ratings

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
Year 2019202020212022202320242025
Revenue
77.60M72.30M192.43M275.95M430.30M412.06M472.73M
Revenue Growth
--6.83%166.16%43.40%55.94%-4.24%14.72%
EPS
-3.31-2.03-1.14-1.61-1.39-0.85-0.64
EPS Growth
-------
No. Analysts -----108
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 497.7M 574.4M
Avg 412.1M 472.7M
Low 339.6M 430.6M

Revenue Growth

Revenue Growth 20242025
High
15.7%
39.4%
Avg
-4.2%
14.7%
Low
-21.1%
4.5%

EPS Forecast

EPS 20242025
High -0.44 -0.32
Avg -0.85 -0.64
Low -1.11 -0.95

EPS Growth

EPS Growth 20242025
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.