Sinclair, Inc. (SBGI)

Sinclair Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Sinclair stock have an average target of 20.1, with a low estimate of 16 and a high estimate of 30. The average target predicts an increase of 24.77% from the current stock price of 16.11.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$20.1	$19	$30
Change	-0.68%	+24.77%	+17.94%	+86.22%

* Price targets were last updated on Nov 19, 2024.

Analyst Ratings

The average analyst rating for Sinclair stock from 5 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	2	2	2	2
Buy	0	0	0	0	0	0
Hold	3	3	1	1	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	7	7	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Curry Baker Guggenheim	Guggenheim	Strong Buy Maintains $18 → $19	Strong Buy	Maintains	$18 → $19	+17.94%	Nov 19, 2024
David Karnovsky JP Morgan	JP Morgan	Sell Maintains $14 → $16	Sell	Maintains	$14 → $16	-0.68%	Nov 12, 2024
Steven Cahall Wells Fargo	Wells Fargo	Sell → Hold Upgrades $13 → $19	Sell → Hold	Upgrades	$13 → $19	+17.94%	Nov 7, 2024
Daniel Kurnos Benchmark	Benchmark	Strong Buy Maintains $29 → $30	Strong Buy	Maintains	$29 → $30	+86.22%	Sep 23, 2024
Barton Crockett Rosenblatt	Rosenblatt	Hold Maintains $16 → $17	Hold	Maintains	$16 → $17	+2.42%	Sep 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.61B

Increased by 15.03%

from 3.13B

Revenue Next Year

3.31B

Decreased by -8.18%

from 3.61B

EPS This Year

4.09

from -4.47

EPS Next Year

0.24

Decreased by -94.10%

from 4.09

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.24B	5.94B	6.13B	3.93B	3.13B	3.61B	3.31B	3.60B
Revenue Growth	38.79%	40.17%	3.21%	-35.96%	-20.21%	15.03%	-8.18%	8.88%
EPS	0.51	-30.20	-5.52	37.54	-4.47	4.09	0.24	2.51
EPS Growth	-84.78%	-	-	-	-	-	-94.10%	941.53%
Forward PE	-	-	-	-	-	3.94	66.73	6.41
No. Analysts	-	-	-	-	-	10	10	7

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	3.7B	3.6B	3.9B
Avg	3.6B	3.3B	3.6B
Low	3.3B	2.9B	3.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	19.2%	-0.8%	18.4%
Avg	15.0%	-8.2%	8.9%
Low	6.6%	-19.4%	-5.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	4.39	1.83	4.54
Avg	4.09	0.24	2.51
Low	3.78	-1.15	-0.07

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	-55.4%	1,779.0%
Avg	-	-94.1%	941.5%
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.