PSIX Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for PSIX stock has a target of 37, which predicts a decrease of -12.55% from the current stock price of 42.31.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$37	$37	$37	$37
Change	-12.55%	-12.55%	-12.55%	-12.55%

* Price targets were last updated on Nov 11, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for PSIX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1
Buy	0	0	0	0
Hold	0	0	0	0
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Stine Craig-Hallum	Craig-Hallum	Strong Buy Maintains $22 → $37	Strong Buy	Maintains	$22 → $37	-12.55%	Nov 11, 2024
Eric Stine Craig-Hallum	Craig-Hallum	Strong Buy Maintains $10 → $22	Strong Buy	Maintains	$10 → $22	-48.00%	Aug 14, 2024
Eric Stine Craig-Hallum	Craig-Hallum	Strong Buy Maintains $8 → $5	Strong Buy	Maintains	$8 → $5	-88.18%	Aug 15, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

481.85M

from 458.97M

4.98%

from 458.97M

Revenue Next Year

519.89M

from 481.85M

7.89%

from 481.85M

EPS This Year

2.64

from 1.15

130.58%

from 1.15

EPS Next Year

2.91

from 2.64

10.04%

from 2.64

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	546.08M	417.64M	456.26M	481.33M	458.97M	481.85M	519.89M
Revenue Growth	10.09%	-23.52%	9.25%	5.50%	-4.65%	4.98%	7.89%
EPS	0.38	-1.00	-2.12	0.49	1.15	2.64	2.91
EPS Growth	-	-	-	-	133.82%	130.58%	10.04%
Forward PE	-	-	-	-	-	16.02	14.55
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	496.0M	535.2M
Avg	481.9M	519.9M
Low	463.0M	499.5M

Revenue Growth

Revenue Growth	2024	2025
High	8.1%	11.1%
Avg	5.0%	7.9%
Low	0.9%	3.7%

EPS Forecast

EPS	2024	2025
High	2.72	2.99
Avg	2.64	2.91
Low	2.54	2.79

EPS Growth

EPS Growth	2024	2025
High	137.4%	13.3%
Avg	130.6%	10.0%
Low	121.5%	5.7%

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.