Sound Point Meridian Capital, Inc. (SPMC)
NYSE: SPMC · Real-Time Price · USD
18.30
+0.10 (0.55%)
At close: May 30, 2025, 4:00 PM
18.25
-0.05 (-0.27%)
After-hours: May 30, 2025, 7:25 PM EDT
SPMC Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for SPMC stock ranges from a low of $21 to a high of $22.5. The average analyst price target of $21.75 forecasts a 18.85% increase in the stock price over the next year.
Price Target: $21.75 (+18.85%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for SPMC stock 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 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 2 | 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 | +22.95% | Oct 9, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $21 | Buy | Initiates | $21 | +14.75% | Jul 9, 2024 |
Financial Forecast
Revenue This Year
44.46M
from 46.38M
Decreased by -4.13%
Revenue Next Year
67.18M
from 44.46M
Increased by 51.09%
EPS This Year
1.89
from 3.14
Decreased by -39.70%
EPS Next Year
2.63
from 1.89
Increased by 39.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 45.8M | 69.2M | 96.8M | |
| Avg | 44.5M | 67.2M | 94.0M | |
| Low | 42.7M | 64.5M | 90.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -1.3% | 55.5% | 44.1% | |
| Avg | -4.1% | 51.1% | 40.0% | |
| Low | -7.9% | 45.2% | 34.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.17 | 2.71 | 2.63 | |
| Avg | 1.89 | 2.63 | 2.55 | |
| Low | 1.61 | 2.53 | 2.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -30.8% | 43.3% | -0.3% | |
| Avg | -39.7% | 39.2% | -3.1% | |
| Low | -48.7% | 33.7% | -6.9% |
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.