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
Target Low Average Median High
Price $21 $21.75 $22.5 $22.5
Change +3.91% +7.62% +11.33% +11.33%
* 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 '24Oct '24Nov '24
Strong Buy 011
Buy 111
Hold 000
Sell 000
Strong Sell 000
Total 122

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
More Analyst Ratings

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 202420252026
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 20252026
High
156.7%
12.7%
Avg
149.4%
9.5%
Low
139.6%
5.2%

EPS Forecast

EPS 202420252026
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 20252026
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.