SoundThinking Inc (SSTI)
NASDAQ: SSTI · IEX Real-Time Price · USD
12.11
+0.43 (3.68%)
At close: Jul 2, 2024, 4:00 PM
12.15
+0.04 (0.33%)
After-hours: Jul 2, 2024, 7:48 PM EDT
SoundThinking Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for SoundThinking stock have an average target of 23, with a low estimate of 19 and a high estimate of 30. The average target predicts an increase of 89.93% from the current stock price of 12.11.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for SoundThinking stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Initiates $21 | Strong Buy | Initiates | $21 | +73.41% | May 24, 2024 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 17, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +147.73% | May 15, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $22 → $19 | Hold | Maintains | $22 → $19 | +56.90% | May 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $25 → $20 | Buy | Maintains | $25 → $20 | +65.15% | May 15, 2024 |
Financial Forecast
Revenue This Year
107.13M
from 92.72M
Increased by 15.55%
Revenue Next Year
115.76M
from 107.13M
Increased by 8.06%
EPS This Year
-0.38
from -0.22
EPS Next Year
-0.22
from -0.38
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 111.0M | 127.7M | 145.5M | 157.9M | 173.8M |
| Avg | 107.1M | 115.8M | 141.4M | 153.4M | 168.8M |
| Low | 102.4M | 102.3M | 135.8M | 147.4M | 162.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.7% | 19.2% | 25.7% | 11.7% | 13.3% |
| Avg | 15.5% | 8.1% | 22.1% | 8.5% | 10.0% |
| Low | 10.5% | -4.5% | 17.3% | 4.3% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.27 | 0.04 |
| Avg | -0.38 | -0.22 |
| Low | -0.58 | -0.54 |
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.