Sinclair, Inc. (SBGI)
NASDAQ: SBGI · Real-Time Price · USD
16.94
-0.35 (-2.02%)
Nov 4, 2024, 4:00 PM EST - Market closed
Sinclair Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Sinclair stock have an average target of 19.83, with a low estimate of 13 and a high estimate of 30. The average target predicts an increase of 17.06% from the current stock price of 16.94.
Analyst Consensus: Hold
* Price targets were last updated on Sep 23, 2024.
Analyst Ratings
The average analyst rating for Sinclair stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $29 → $30 | Strong Buy | Maintains | $29 → $30 | +77.10% | Sep 23, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | -2.60% | Sep 20, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $12 → $13 | Sell | Maintains | $12 → $13 | -23.26% | Mar 1, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $10 → $16 | Hold | Maintains | $10 → $16 | -7.32% | Jan 18, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $30 → $20 | Strong Buy | Maintains | $30 → $20 | +18.06% | Nov 3, 2023 |
Financial Forecast
Revenue This Year
3.61B
from 3.13B
Increased by 15.09%
Revenue Next Year
3.34B
from 3.61B
Decreased by -7.29%
EPS This Year
4.09
from -4.47
EPS Next Year
0.27
from 4.09
Decreased by -93.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.8B | 3.5B | 4.1B | ||
| Avg | 3.6B | 3.3B | 3.7B | ||
| Low | 3.2B | 3.1B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.2% | -3.0% | 23.8% | ||
| Avg | 15.1% | -7.3% | 11.4% | ||
| Low | 2.0% | -13.7% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.21 | 1.22 | 4.54 | ||
| Avg | 4.09 | 0.27 | 2.12 | ||
| Low | 3.38 | -0.48 | -1.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | -70.2% | 1,584.5% | ||
| Avg | - | -93.4% | 689.1% | ||
| 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.