TransAct Technologies Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TransAct Technologies stock has a target of 7.50, which predicts an increase of 97.37% from the current stock price of 3.80.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.50	$7.50	$7.50	$7.50
Change	+97.37%	+97.37%	+97.37%	+97.37%

* Price targets were last updated on May 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for TransAct Technologies is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24	May '24
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Sutton Craig-Hallum	Craig-Hallum	Strong Buy Maintains $9 → $7.5	Strong Buy	Maintains	$9 → $7.5	+97.37%	May 8, 2024
George Sutton Craig-Hallum	Craig-Hallum	Strong Buy Maintains $10 → $9	Strong Buy	Maintains	$10 → $9	+136.84%	Mar 13, 2024
Christopher Howe Barrington Research	Barrington Research	Buy Maintains $13 → $12	Buy	Maintains	$13 → $12	+215.79%	Aug 19, 2022
George Sutton Craig-Hallum	Craig-Hallum	Strong Buy Initiates $20	Strong Buy	Initiates	$20	+426.32%	Oct 6, 2021
Kara Anderson B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $14 → $4	Strong Buy → Hold	Downgrades	$14 → $4	+5.26%	Mar 27, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

51.88M

from 43.38M

19.57%

from 43.38M

Revenue Next Year

n/a

from 51.88M

EPS This Year

-0.29

from -0.99

EPS Next Year

n/a

from -0.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	30.60M	39.39M	58.14M	72.63M	43.38M	51.88M
Revenue Growth	-33.12%	28.73%	47.61%	24.93%	-40.27%	19.57%
EPS	-0.72	-0.43	-0.60	0.47	-0.99	-0.29
EPS Growth	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4

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

Revenue Forecast

Revenue	2025
High	56.5M
Avg	51.9M
Low	47.0M

Revenue Growth

Revenue Growth	2025
High	30.1%
Avg	19.6%
Low	8.3%

EPS Forecast

EPS	2025
High	-0.27
Avg	-0.29
Low	-0.30

EPS Growth

EPS Growth	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.