TAP.A Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for TAP.A stock have an average target of 62, with a low estimate of 47 and a high estimate of 75. The average target predicts an increase of 2.48% from the current stock price of 60.50.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$47	$62	$60	$75
Change	-22.31%	+2.48%	-0.83%	+23.97%

Analyst Ratings

The average analyst rating for TAP.A stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	1	1	3
Buy	1	1	1	1	2	2
Hold	9	9	9	9	9	7
Sell	2	2	2	2	1	1
Strong Sell	1	1	1	1	1	1
Total	15	15	15	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bryan Spillane B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $57 → $70	Hold → Strong Buy	Upgrades	$57 → $70	+15.70%	Dec 6, 2024
Gerald Pascarelli Needham	Needham	Strong Buy Initiates $72	Strong Buy	Initiates	$72	+19.01%	Dec 6, 2024
Kevin Grundy Exane BNP Paribas	Exane BNP Paribas	Hold Initiates $64	Hold	Initiates	$64	+5.79%	Nov 25, 2024
Lauren Lieberman Barclays	Barclays	Sell Maintains $49 → $51	Sell	Maintains	$49 → $51	-15.70%	Nov 11, 2024
Chris Carey Wells Fargo	Wells Fargo	Sell → Buy Upgrades $52 → $74	Sell → Buy	Upgrades	$52 → $74	+22.31%	Nov 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.71B

from 11.70B

0.08%

from 11.70B

Revenue Next Year

11.70B

from 11.71B

-0.12%

from 11.71B

EPS This Year

5.85

from 4.37

33.90%

from 4.37

EPS Next Year

6.04

from 5.85

3.16%

from 5.85

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	10.58B	9.65B	10.28B	10.70B	11.70B	11.71B	11.70B	11.77B
Revenue Growth	-1.77%	-8.75%	6.48%	4.10%	9.36%	0.08%	-0.12%	0.60%
EPS	1.11	-4.38	4.62	-0.81	4.37	5.85	6.04	6.29
EPS Growth	-78.45%	-	-	-	-	33.90%	3.16%	4.26%
Forward PE	-	-	-	-	-	10.34	10.02	9.61
No. Analysts	-	-	-	-	-	23	23	17

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

Revenue Forecast

Revenue	2024	2025	2026
High	12.2B	12.3B	12.5B
Avg	11.7B	11.7B	11.8B
Low	11.3B	11.1B	11.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	4.5%	5.2%	6.6%
Avg	0.1%	-0.1%	0.6%
Low	-3.4%	-5.2%	-4.2%

EPS Forecast

EPS	2024	2025	2026
High	6.35	6.60	6.92
Avg	5.85	6.04	6.29
Low	5.62	5.56	5.57

EPS Growth

EPS Growth	2024	2025	2026
High	45.3%	12.9%	14.6%
Avg	33.9%	3.2%	4.3%
Low	28.5%	-5.0%	-7.8%

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.