SecureWorks Corp. (SCWX)
NASDAQ: SCWX · IEX Real-Time Price · USD
7.41
+0.14 (1.93%)
At close: Jul 19, 2024, 4:00 PM
7.32
-0.09 (-1.21%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
SecureWorks Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SecureWorks stock have an average target of 7.13, with a low estimate of 6.00 and a high estimate of 8.25. The average target predicts a decrease of -3.78% from the current stock price of 7.41.
Analyst Consensus: Hold
* Price targets were last updated on Sep 11, 2023.
Analyst Ratings
The average analyst rating for SecureWorks 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $8.25 | Hold | Maintains | $9 → $8.25 | +11.34% | Sep 11, 2023 |
| B of A Securities | B of A Securities | Sell Maintains $6.5 → $6 | Sell | Maintains | $6.5 → $6 | -19.03% | Sep 11, 2023 |
| Barclays | Barclays | Sell Maintains $9 → $8 | Sell | Maintains | $9 → $8 | +7.96% | Mar 24, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $9 | Hold | Maintains | $12 → $9 | +21.46% | Dec 2, 2022 |
Financial Forecast
Revenue This Year
336.76M
from 365.88M
Decreased by -7.96%
Revenue Next Year
350.74M
from 336.76M
Increased by 4.15%
EPS This Year
0.08
from -1.00
EPS Next Year
0.13
from 0.08
Increased by 69.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 347.1M | 362.4M | 374.3M |
| Avg | 336.8M | 350.7M | 363.6M |
| Low | 323.4M | 336.4M | 349.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.1% | 7.6% | 6.7% |
| Avg | -8.0% | 4.2% | 3.7% |
| Low | -11.6% | -0.1% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.09 | 0.14 | 0.22 |
| Avg | 0.08 | 0.13 | 0.21 |
| Low | 0.06 | 0.11 | 0.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 84.4% | 71.6% |
| Avg | - | 69.7% | 66.7% |
| Low | - | 48.8% | 60.1% |
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.