Steelcase Inc. (SCS)
NYSE: SCS · Real-Time Price · USD
12.31
-0.12 (-0.97%)
Feb 21, 2025, 4:00 PM EST - Market closed
Steelcase Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Steelcase stock have an average target of 17, with a low estimate of 16 and a high estimate of 18. The average target predicts an increase of 38.10% from the current stock price of 12.31.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for Steelcase stock from 2 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $16 | Buy | Initiates | $16 | +29.98% | Oct 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +46.22% | Jun 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +46.22% | Jun 21, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $17 | Hold → Strong Buy | Upgrades | $17 | +38.10% | Jun 14, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 30, 2022 |
Financial Forecast
Revenue This Year
3.19B
from 3.16B
Increased by 0.99%
Revenue Next Year
3.26B
from 3.19B
Increased by 2.19%
EPS This Year
1.07
from 0.68
Increased by 56.70%
EPS Next Year
1.10
from 1.07
Increased by 2.84%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.3B | 3.4B | 3.5B |
| Avg | 3.2B | 3.3B | 3.4B |
| Low | 3.1B | 3.2B | 3.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.1% | 7.0% | 7.3% |
| Avg | 1.0% | 2.2% | 3.1% |
| Low | -2.2% | -1.2% | -0.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.12 | 1.18 | 1.33 |
| Avg | 1.07 | 1.10 | 1.27 |
| Low | 1.03 | 1.03 | 1.23 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 65.2% | 10.4% | 21.7% |
| Avg | 56.7% | 2.8% | 16.1% |
| Low | 51.3% | -3.4% | 11.8% |
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.