SMART Global Holdings, Inc. (SGH)
NASDAQ: SGH · IEX Real-Time Price · USD
23.86
-0.78 (-3.17%)
At close: Jul 19, 2024, 4:00 PM
24.45
+0.59 (2.47%)
Pre-market: Jul 22, 2024, 7:09 AM EDT
SMART Global Holdings Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for SGH stock have an average target of 31, with a low estimate of 26 and a high estimate of 35. The average target predicts an increase of 29.92% from the current stock price of 23.86.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SGH stock from 5 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 5 | 4 |
| Buy | 1 | 1 | 1 | 1 | 0 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $28 → $32 | Strong Buy | Maintains | $28 → $32 | +34.12% | Jul 17, 2024 |
| Needham | Needham | Strong Buy Maintains $30 → $35 | Strong Buy | Maintains | $30 → $35 | +46.69% | Jul 17, 2024 |
| Barclays | Barclays | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +13.16% | Jul 10, 2024 |
| Needham | Needham | Strong Buy Maintains $27 → $30 | Strong Buy | Maintains | $27 → $30 | +25.73% | Jul 10, 2024 |
| Stifel | Stifel | Strong Buy Maintains $28 | Strong Buy | Maintains | $28 | +15.26% | Jul 3, 2024 |
Financial Forecast
Revenue This Year
1.19B
from 1.44B
Decreased by -17.22%
Revenue Next Year
1.44B
from 1.19B
Increased by 20.96%
EPS This Year
1.21
from -3.65
EPS Next Year
2.05
from 1.21
Increased by 69.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.6B | 1.8B |
| Avg | 1.2B | 1.4B | 1.7B |
| Low | 1.1B | 1.3B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.0% | 37.3% | 22.2% |
| Avg | -17.2% | 21.0% | 17.6% |
| Low | -20.3% | 5.0% | 14.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.32 | 2.68 | 3.99 |
| Avg | 1.21 | 2.05 | 3.20 |
| Low | 1.12 | 1.44 | 2.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 121.5% | 94.5% |
| Avg | - | 69.7% | 56.0% |
| Low | - | 19.5% | 21.2% |
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.