Sound Point Meridian Capital, Inc. (SPMC)
NYSE: SPMC · Real-Time Price · USD
20.21
-0.37 (-1.80%)
Dec 3, 2024, 3:59 PM EST - Market closed
SPMC Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SPMC stock have an average target of 21.75, with a low estimate of 21 and a high estimate of 22.5. The average target predicts an increase of 7.62% from the current stock price of 20.21.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for SPMC 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 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|
Strong Buy | 0 | 1 | 1 |
Buy | 1 | 1 | 1 |
Hold | 0 | 0 | 0 |
Sell | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 |
Total | 1 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B. Riley Securities | B. Riley Securities | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +11.33% | Oct 9, 2024 |
Oppenheimer | Oppenheimer | Buy Initiates $21 | Buy | Initiates | $21 | +3.91% | Jul 9, 2024 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
n/a
EPS Next Year
n/a
No financial forecasts available for this stock
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 39.4M | 98.3M | 107.7M |
Avg | 38.3M | 95.5M | 104.6M |
Low | 36.8M | 91.8M | 100.5M |
Revenue Growth
Revenue Growth | 2025 | 2026 |
---|---|---|
High | 156.7% | 12.7% |
Avg | 149.4% | 9.5% |
Low | 139.6% | 5.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.31 | 2.89 | 3.02 |
Avg | 1.20 | 2.69 | 2.76 |
Low | 1.09 | 2.47 | 2.49 |
EPS Growth
EPS Growth | 2025 | 2026 |
---|---|---|
High | 139.9% | 12.5% |
Avg | 123.3% | 2.8% |
Low | 105.2% | -7.4% |
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.