WidePoint Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for WidePoint stock has a target of 7.00, which predicts an increase of 95.53% from the current stock price of 3.58.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$7.00	$7.00	$7.00
Change	+95.53%	+95.53%	+95.53%	+95.53%

Analyst Ratings

According to 1 stock analyst, the rating for WidePoint 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	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	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Buck HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $7	Strong Buy	Initiates	$7	+95.53%	Oct 24, 2024
Mike Crawford B. Riley Securities	B. Riley Securities	Strong Buy Maintains $7 → $7.5	Strong Buy	Maintains	$7 → $7.5	+109.50%	May 15, 2020
Mike Crawford B. Riley Securities	B. Riley Securities	Strong Buy Maintains $10 → $7	Strong Buy	Maintains	$10 → $7	+95.53%	Mar 25, 2020
Mike Crawford B. Riley Securities	B. Riley Securities	Strong Buy Maintains n/a	Strong Buy	Maintains	n/a	n/a	May 16, 2014
Mike Crawford B. Riley Securities	B. Riley Securities	Strong Buy Initiates n/a	Strong Buy	Initiates	n/a	n/a	Mar 17, 2014

More Analyst Ratings

Financial Forecast

Revenue This Year

132.06M

from 106.03M

24.55%

from 106.03M

Revenue Next Year

147.05M

from 132.06M

11.35%

from 132.06M

EPS This Year

-0.23

from -0.46

EPS Next Year

-0.04

from -0.23

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	101.72M	180.34M	87.34M	94.10M	106.03M	132.06M	147.05M	164.07M
Revenue Growth	21.56%	77.29%	-51.57%	7.75%	12.67%	24.55%	11.35%	11.57%
EPS	0.03	1.20	0.04	-2.70	-0.46	-0.23	-0.04	0.17
EPS Growth	-	4,353.85%	-96.87%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	20.85
No. Analysts	-	-	-	-	-	2	2	2

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

Revenue Forecast

Revenue	2024	2025	2026
High	137.3M	152.9M	170.6M
Avg	132.1M	147.1M	164.1M
Low	128.1M	142.7M	159.2M

Revenue Growth

Revenue Growth	2024	2025	2026
High	29.5%	15.8%	16.0%
Avg	24.6%	11.4%	11.6%
Low	20.9%	8.0%	8.3%

EPS Forecast

EPS	2024	2025	2026
High	-0.24	-0.04	0.18
Avg	-0.23	-0.04	0.17
Low	-0.23	-0.04	0.17

EPS Growth

EPS Growth	2024	2025	2026
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.