Smith Micro Software, Inc. (SMSI)
NASDAQ: SMSI · IEX Real-Time Price · USD
2.320
+0.100 (4.50%)
At close: Apr 26, 2024, 4:00 PM
2.300
-0.020 (-0.86%)
After-hours: Apr 26, 2024, 6:54 PM EDT
Smith Micro Software Stock Forecast
SMSI's stock price has decreased by -73.87% 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 1,106.90% from the current stock price of 2.32.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 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 | +762.07% | Mar 22, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $36 → $28 | Strong Buy | Maintains | $36 → $28 | +1,106.90% | Nov 10, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | +1,451.72% | Sep 13, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | +1,451.72% | Aug 31, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $32 | Strong Buy | Reiterates | $32 | +1,279.31% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
30.90M
from 40.86M
Decreased by -24.39%
Revenue Next Year
52.02M
from 30.90M
Increased by 68.39%
EPS This Year
-0.12
from -3.04
EPS Next Year
0.15
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 32.3M | 55.7M | 71.0M | 86.5M |
| Avg | 30.9M | 52.0M | 69.0M | 84.0M |
| Low | 29.2M | 48.8M | 66.2M | 80.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -20.9% | 80.1% | 36.4% | 25.5% |
| Avg | -24.4% | 68.4% | 32.5% | 21.9% |
| Low | -28.4% | 58.0% | 27.3% | 17.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.06 | 0.16 |
| Avg | -0.12 | 0.15 |
| Low | -0.17 | 0.15 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.