APi Group (APG) Stock Forecast, Price Target & Predictions
APG Stock Forecast
APi Group stock forecast is as follows: an average price target of $41.00 (represents a 16.31% upside from APG’s last price of $35.25) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
APG Price Target
The average price target for APi Group (APG) is $41.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $24.00. This represents a potential 16.31% upside from APG's last price of $35.25.
APG Analyst Ratings
According to 4 Wall Street analysts, APi Group's rating consensus is 'Buy'. The analyst rating breakdown for APG stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
APi Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Andrew Obin | Bank of America Securities | $43.00 | $32.61 | 31.86% | 21.99% |
| Jun 18, 2024 | Stephanie Moore | Jefferies | $50.00 | $38.58 | 29.60% | 41.84% |
| Apr 16, 2024 | Andrew Wittmann | Robert W. Baird | $43.00 | $39.28 | 9.47% | 21.99% |
| Apr 08, 2024 | Ashish Sabadra | RBC Capital | $45.00 | $39.29 | 14.53% | 27.66% |
| Mar 15, 2024 | Stephanie Moore | Jefferies | $48.00 | $38.05 | 26.15% | 36.17% |
| Dec 09, 2022 | - | Citigroup | $24.00 | $18.69 | 28.41% | -31.91% |
The latest APi Group stock forecast, released on Aug 05, 2024 by Andrew Obin from Bank of America Securities, set a price target of $43.00, which represents a 31.86% increase from the stock price at the time of the forecast ($32.61), and a 21.99% increase from APG last price ($35.25).
APi Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $43.00 | $45.80 |
| Last Closing Price | $35.25 | $35.25 | $35.25 |
| Upside/Downside | -100.00% | 21.99% | 29.93% |
In the current month, the average price target of APi Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to APi Group's last price of $35.25. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jul 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 18, 2024 | Jefferies | Buy | Buy | Hold |
| Apr 08, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 08, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 09, 2022 | Citigroup | Buy | Buy | Hold |
| Nov 18, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jul 11, 2022 | Bank of America Securities | - | Buy | Upgrade |
APi Group's last stock rating was published by Bank of America Securities on Aug 05, 2024. The company gave APG a "Buy" rating, the same as its previous rate.
APi Group Financial Forecast
APi Group Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.78B | $1.77B | $1.61B | $1.70B | $1.74B | $1.65B | $1.47B | $1.11B | $1.05B | $978.00M | $803.00M | $882.00M | $958.00M |
| Avg Forecast | $2.10B | $2.08B | $2.01B | $1.76B | $2.04B | $2.02B | $1.95B | $1.82B | $1.94B | $1.92B | $1.86B | $1.73B | $1.84B | $1.87B | $1.79B | $1.60B | $1.76B | $1.87B | $1.77B | $1.55B | $1.63B | $1.68B | $1.66B | $1.41B | $948.49M | $1.04B | $937.51M | $771.57M | $885.02M | $942.08M |
| High Forecast | $2.14B | $2.12B | $2.05B | $1.79B | $2.08B | $2.06B | $1.99B | $1.86B | $1.97B | $1.96B | $1.90B | $1.76B | $1.87B | $1.88B | $1.79B | $1.60B | $1.79B | $1.87B | $1.80B | $1.58B | $1.66B | $1.68B | $1.66B | $1.41B | $948.49M | $1.04B | $937.51M | $771.57M | $885.02M | $942.08M |
| Low Forecast | $2.08B | $2.06B | $1.99B | $1.74B | $2.02B | $2.00B | $1.93B | $1.80B | $1.92B | $1.90B | $1.84B | $1.72B | $1.82B | $1.87B | $1.79B | $1.60B | $1.74B | $1.87B | $1.75B | $1.53B | $1.61B | $1.68B | $1.66B | $1.41B | $948.49M | $1.04B | $937.51M | $771.57M | $885.02M | $942.08M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | 1.04% | 1.05% | 1.03% | 1.00% | 1.05% | 1.17% | 1.01% | 1.04% | 1.04% | 1.00% | 1.02% |
APi Group's average Quarter revenue forecast for Dec 23 based on 4 analysts is $1.76B, with a low forecast of $1.74B, and a high forecast of $1.79B. APG's average Quarter revenue forecast represents a -1.35% decrease compared to the company's last Quarter revenue of $1.78B (Sep 23).
APi Group EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.00M | $107.00M | $150.00M | $59.00M | $144.00M | $146.00M | $80.00M | $98.00M | $93.00M | $99.00M | $48.00M | $46.00M | $103.00M |
| Avg Forecast | $103.82M | $102.87M | $99.38M | $86.90M | $100.88M | $100.10M | $96.52M | $90.16M | $95.79M | $95.18M | $92.11M | $85.52M | $91.07M | $92.75M | $88.41M | $79.07M | $87.07M | $92.63M | $87.54M | $76.73M | $80.43M | $83.33M | $81.98M | $68.00M | $46.92M | $51.21M | $46.38M | $58.29M | $43.78M | $46.61M |
| High Forecast | $105.69M | $104.73M | $101.18M | $88.47M | $102.70M | $101.91M | $98.26M | $91.79M | $97.52M | $96.90M | $93.78M | $86.89M | $92.71M | $92.86M | $88.41M | $79.07M | $88.64M | $92.63M | $89.12M | $78.12M | $81.88M | $83.33M | $81.98M | $81.60M | $46.92M | $51.21M | $46.38M | $69.94M | $43.78M | $46.61M |
| Low Forecast | $102.69M | $101.76M | $98.30M | $85.96M | $99.79M | $99.02M | $95.47M | $89.18M | $94.75M | $94.15M | $91.11M | $84.99M | $90.08M | $92.63M | $88.41M | $79.07M | $86.12M | $92.63M | $86.59M | $75.90M | $79.56M | $83.33M | $81.98M | $54.40M | $46.92M | $51.21M | $46.38M | $46.63M | $43.78M | $46.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.22% | 1.95% | 0.73% | 1.73% | 1.78% | 1.18% | 2.09% | 1.82% | 2.13% | 0.82% | 1.05% | 2.21% |
4 analysts predict APG's average Quarter EBITDA for Dec 23 to be $87.07M, with a high of $88.64M and a low of $86.12M. This is -16.28% lower than APi Group's previous annual EBITDA (Sep 23) of $104.00M.
APi Group Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $43.00M | $37.00M | $26.00M | $22.00M | $28.00M | $30.00M | $-7.00M | $15.00M | $19.00M | $21.00M | $-8.00M | $-22.00M | $27.00M |
| Avg Forecast | $186.05M | $197.86M | $172.69M | $121.05M | $172.72M | $172.08M | $163.82M | $123.76M | $158.82M | $161.64M | $155.77M | $113.74M | $143.00M | $140.78M | $130.27M | $91.32M | $117.76M | $124.91M | $109.81M | $65.51M | $94.44M | $99.38M | $95.77M | $-5.95M | $72.81M | $95.80M | $84.30M | $-9.14M | $86.29M | $82.68M |
| High Forecast | $190.42M | $202.51M | $176.75M | $123.90M | $176.77M | $176.12M | $167.67M | $126.66M | $162.55M | $165.43M | $159.42M | $119.29M | $148.50M | $141.74M | $130.27M | $91.34M | $120.52M | $124.97M | $112.39M | $67.05M | $96.66M | $99.38M | $95.77M | $-4.76M | $72.81M | $95.80M | $84.30M | $-7.31M | $86.29M | $82.68M |
| Low Forecast | $183.43M | $195.08M | $170.26M | $119.35M | $170.28M | $169.65M | $161.51M | $122.01M | $156.58M | $159.36M | $153.57M | $108.19M | $137.50M | $139.82M | $130.27M | $91.31M | $115.02M | $124.85M | $108.26M | $64.59M | $93.11M | $99.38M | $95.77M | $-7.14M | $72.81M | $95.80M | $84.30M | $-10.97M | $86.29M | $82.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.34% | 0.34% | 0.40% | 0.23% | 0.28% | 0.31% | 1.18% | 0.21% | 0.20% | 0.25% | 0.88% | -0.25% | 0.33% |
APi Group's average Quarter net income forecast for Dec 23 is $117.76M, with a range of $115.02M to $120.52M. APG's average Quarter net income forecast represents a 173.86% increase compared to the company's last Quarter net income of $43.00M (Sep 23).
APi Group SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $407.00M | $389.00M | $352.00M | $414.00M | $379.00M | $376.00M | $383.00M | $224.00M | $211.00M | $185.00M | $183.00M | $219.00M | $171.00M |
| Avg Forecast | $506.50M | $501.89M | $484.84M | $423.95M | $492.16M | $488.38M | $470.88M | $439.87M | $467.31M | $464.37M | $449.39M | $417.21M | $444.30M | $452.48M | $431.31M | $385.77M | $424.77M | $451.90M | $427.06M | $374.36M | $392.39M | $406.52M | $399.97M | $325.55M | $228.93M | $249.83M | $226.28M | $209.14M | $213.61M | $227.39M |
| High Forecast | $515.65M | $510.95M | $493.60M | $431.61M | $501.05M | $497.20M | $479.38M | $447.81M | $475.75M | $472.76M | $457.51M | $423.90M | $452.32M | $453.03M | $431.31M | $385.77M | $432.44M | $451.90M | $434.77M | $381.12M | $399.48M | $406.52M | $399.97M | $390.66M | $228.93M | $249.83M | $226.28M | $250.97M | $213.61M | $227.39M |
| Low Forecast | $501.01M | $496.45M | $479.59M | $419.36M | $486.83M | $483.08M | $465.77M | $435.10M | $462.24M | $459.34M | $444.52M | $414.65M | $439.48M | $451.93M | $431.31M | $385.77M | $420.17M | $451.90M | $422.43M | $370.30M | $388.14M | $406.52M | $399.97M | $260.44M | $228.93M | $249.83M | $226.28M | $167.31M | $213.61M | $227.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.91% | 0.94% | 1.06% | 0.93% | 0.94% | 1.18% | 0.98% | 0.84% | 0.82% | 0.88% | 1.03% | 0.75% |
APi Group's average Quarter SG&A projection for Dec 23 is $424.77M, based on 4 Wall Street analysts, with a range of $420.17M to $432.44M. The forecast indicates a 4.37% rise compared to APG last annual SG&A of $407.00M (Sep 23).
APi Group EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 4 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.18 | $0.16 | $0.05 | $0.04 | $0.06 | $0.06 | $-0.03 | $0.07 | $0.08 | $0.09 | $-0.04 | $-0.13 | $0.14 |
| Avg Forecast | $0.67 | $0.72 | $0.63 | $0.44 | $0.63 | $0.62 | $0.59 | $0.45 | $0.58 | $0.59 | $0.56 | $0.41 | $0.52 | $0.51 | $0.47 | $0.33 | $0.43 | $0.45 | $0.40 | $0.24 | $0.34 | $0.36 | $0.35 | $0.20 | $0.26 | $0.35 | $0.31 | $0.14 | $0.31 | $0.30 |
| High Forecast | $0.69 | $0.73 | $0.64 | $0.45 | $0.64 | $0.64 | $0.61 | $0.46 | $0.59 | $0.60 | $0.58 | $0.43 | $0.54 | $0.51 | $0.47 | $0.33 | $0.44 | $0.45 | $0.41 | $0.24 | $0.35 | $0.36 | $0.35 | $0.20 | $0.26 | $0.35 | $0.31 | $0.14 | $0.31 | $0.30 |
| Low Forecast | $0.66 | $0.71 | $0.62 | $0.43 | $0.62 | $0.61 | $0.59 | $0.44 | $0.57 | $0.58 | $0.56 | $0.39 | $0.50 | $0.51 | $0.47 | $0.33 | $0.42 | $0.45 | $0.39 | $0.23 | $0.34 | $0.36 | $0.35 | $0.20 | $0.26 | $0.35 | $0.31 | $0.14 | $0.31 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 0.40% | 0.21% | 0.12% | 0.17% | 0.17% | -0.15% | 0.25% | 0.23% | 0.29% | -0.31% | -0.42% | 0.47% |
According to 4 Wall Street analysts, APi Group's projected average Quarter EPS for Dec 23 is $0.43, with a low estimate of $0.42 and a high estimate of $0.44. This represents a 137.03% increase compared to APG previous annual EPS of $0.18 (Sep 23).
APi Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DY | Dycom Industries | $175.94 | $205.17 | 16.61% | Buy |
| APG | APi Group | $35.25 | $41.00 | 16.31% | Buy |
| ACA | Arcosa | $95.66 | $105.50 | 10.29% | Buy |
| BLD | TopBuild | $362.13 | $381.00 | 5.21% | Buy |
| ROAD | Construction Partners | $78.06 | $79.67 | 2.06% | Strong Buy |
| MYRG | MYR Group | $133.24 | $124.67 | -6.43% | Buy |
| GVA | Granite Construction | $87.82 | $70.00 | -20.29% | - |
| PRIM | Primoris Services | $64.34 | $41.50 | -35.50% | Buy |
APG Forecast FAQ
Is APi Group a good buy?
Yes, according to 4 Wall Street analysts, APi Group (APG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of APG's total ratings.
What is APG's price target?
APi Group (APG) average price target is $41 with a range of $24 to $50, implying a 16.31% from its last price of $35.25. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will APi Group stock go up soon?
According to Wall Street analysts' prediction for APG stock, the company can go up by 16.31% (from the last price of $35.25 to the average price target of $41), up by 41.84% based on the highest stock price target, and down by -31.91% based on the lowest stock price target.
Can APi Group stock reach $50?
APG's average twelve months analyst stock price target of $41 does not support the claim that APi Group can reach $50 in the near future.
What are APi Group's analysts' financial forecasts?
APi Group's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.84B (high $7.98B, low $7.75B), average EBITDA is $387.66M (high $394.66M, low $383.46M), average net income is $632.37M (high $647.22M, low $623.46M), average SG&A $1.89B (high $1.93B, low $1.87B), and average EPS is $2.29 (high $2.34, low $2.26). APG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.94B (high $8.09B, low $7.86B), average EBITDA is $392.97M (high $400.07M, low $388.71M), average net income is $677.66M (high $693.57M, low $668.11M), average SG&A $1.92B (high $1.95B, low $1.9B), and average EPS is $2.46 (high $2.51, low $2.42).
Did the APG's actual financial results beat the analysts' financial forecasts?
Based on APi Group's last annual report (Dec 2022), the company's revenue was $6.56B, beating the average analysts forecast of $6.37B by 2.92%. Apple's EBITDA was $508M, beating the average prediction of $313.74M by 61.92%. The company's net income was $73M, missing the average estimation of $283.64M by -74.26%. Apple's SG&A was $1.55B, beating the average forecast of $1.52B by 1.81%. Lastly, the company's EPS was $0.12, missing the average prediction of $1.25 by -90.38%. In terms of the last quarterly report (Sep 2023), APi Group's revenue was $1.78B, missing the average analysts' forecast of $1.87B by -4.72%. The company's EBITDA was $104M, beating the average prediction of $92.63M by 12.28%. APi Group's net income was $43M, missing the average estimation of $124.91M by -65.58%. The company's SG&A was $407M, missing the average forecast of $451.9M by -9.94%. Lastly, the company's EPS was $0.18, missing the average prediction of $0.453 by -60.23%