Smith Micro Software, Inc. (SMSI)
NASDAQ: SMSI · IEX Real-Time Price · USD
2.300
-0.030 (-1.29%)
At close: Jul 19, 2024, 4:00 PM
2.240
-0.060 (-2.61%)
Pre-market: Jul 22, 2024, 6:35 AM EDT
Smith Micro Software Stock Forecast
SMSI's stock price has decreased by -76.63% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SMSI stock have an average target of 28, with a low estimate of 20 and a high estimate of 36. The average target predicts an increase of 1,117.39% from the current stock price of 2.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for SMSI 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $28 → $20 | Strong Buy | Maintains | $28 → $20 | +769.57% | Mar 22, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $36 → $28 | Strong Buy | Maintains | $36 → $28 | +1,117.39% | Nov 10, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | +1,465.22% | Sep 13, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | +1,465.22% | Aug 31, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +1,291.30% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
28.12M
from 40.86M
Decreased by -31.19%
Revenue Next Year
49.00M
from 28.12M
Increased by 74.25%
EPS This Year
-1.17
from -3.04
EPS Next Year
0.31
from -1.17
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 30.8M | 52.8M | 69.0M | 87.4M |
| Avg | 28.1M | 49.0M | 64.4M | 84.9M |
| Low | 24.2M | 43.1M | 59.4M | 81.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -24.7% | 87.8% | 40.8% | 35.6% |
| Avg | -31.2% | 74.2% | 31.5% | 31.7% |
| Low | -40.8% | 53.3% | 21.2% | 26.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.21 | 0.32 | 0.79 |
| Avg | -1.17 | 0.31 | 0.77 |
| Low | -1.13 | 0.29 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 157.4% |
| Avg | - | - | 150.0% |
| Low | - | - | 140.2% |
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.