SoundThinking Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for SoundThinking stock have an average target of 22.7, with a low estimate of 17.5 and a high estimate of 30. The average target predicts an increase of 130.69% from the current stock price of 9.84.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$17.5	$22.7	$21	$30
Change	+77.85%	+130.69%	+113.41%	+204.88%

* Price targets were last updated on Sep 6, 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	2
Buy	2	2	2	2	2	2
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Yi Fu Lee Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $20	Buy	Reiterates	$20	+103.25%	Sep 6, 2024
Jeremy Hamblin Craig-Hallum	Craig-Hallum	Hold Maintains $19 → $18	Hold	Maintains	$19 → $18	+77.85%	Aug 7, 2024
Eric Martinuzzi Lake Street	Lake Street	Strong Buy Initiates $21	Strong Buy	Initiates	$21	+113.41%	May 24, 2024
Matthew Pfau William Blair	William Blair	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	May 17, 2024
Richard Baldry Roth MKM	Roth MKM	Strong Buy Reiterates $30	Strong Buy	Reiterates	$30	+204.88%	May 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

107.44M

from 92.72M

15.88%

from 92.72M

Revenue Next Year

115.09M

from 107.44M

7.12%

from 107.44M

EPS This Year

-0.39

from -0.22

EPS Next Year

-0.21

from -0.39

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	40.75M	45.73M	58.16M	81.00M	92.72M	107.44M	115.09M	141.37M
Revenue Growth	17.26%	12.23%	27.16%	39.29%	14.46%	15.88%	7.12%	22.83%
EPS	0.15	0.10	-0.38	0.52	-0.22	-0.39	-0.21	-
EPS Growth	-	-33.33%	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	9	9	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	111.3M	127.7M	145.5M
Avg	107.4M	115.1M	141.4M
Low	102.7M	105.4M	135.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	20.0%	18.8%	26.4%
Avg	15.9%	7.1%	22.8%
Low	10.8%	-1.9%	18.0%

EPS Forecast

EPS	2024	2025
High	-0.33	-0.06
Avg	-0.39	-0.21
Low	-0.47	-0.43

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.