SMART Global Holdings, Inc. (SGH)
NASDAQ: SGH · IEX Real-Time Price · USD
17.72
-0.74 (-4.01%)
Apr 18, 2024, 4:00 PM EDT - Market closed
SMART Global Holdings Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for SGH stock have an average target of 30.07, with a low estimate of 26 and a high estimate of 37. The average target predicts an increase of 69.70% from the current stock price of 17.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SGH stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 1 | 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 | 6 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +55.19% | Apr 10, 2024 |
| Needham | Needham | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +52.37% | Apr 10, 2024 |
| Needham | Needham | Strong Buy Maintains $22 → $24 | Strong Buy | Maintains | $22 → $24 | +35.44% | Jan 10, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +97.52% | Oct 19, 2023 |
| Needham | Needham | Strong Buy Maintains $22 | Strong Buy | Maintains | $22 | +24.15% | Oct 13, 2023 |
Financial Forecast
Revenue This Year
1.21B
from 1.44B
Decreased by -15.77%
Revenue Next Year
1.49B
from 1.21B
Increased by 22.73%
EPS This Year
1.16
from -3.65
EPS Next Year
2.12
from 1.16
Increased by 83.25%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.3B | 1.8B |
| Avg | 1.2B | 1.5B |
| Low | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -10.6% | 45.3% |
| Avg | -15.8% | 22.7% |
| Low | -21.0% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.32 | 3.10 |
| Avg | 1.16 | 2.12 |
| Low | 1.02 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 167.6% |
| Avg | - | 83.2% |
| Low | - | 5.8% |
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.