Asure Software (ASUR) Stock Forecast, Price Target & Predictions

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ASUR Stock Forecast

Asure Software stock forecast is as follows: an average price target of $11.50 (represents a 26.10% upside from ASUR’s last price of $9.12) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

ASUR Price Target

The average price target for Asure Software (ASUR) is $11.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $10.00. This represents a potential 26.10% upside from ASUR's last price of $9.12.

ASUR Analyst Ratings

Buy

According to 3 Wall Street analysts, Asure Software's rating consensus is 'Buy'. The analyst rating breakdown for ASUR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Asure Software Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 01, 2024	Brad Reback	Stifel Nicolaus	$10.00	$8.51	17.51%	9.65%
Oct 15, 2024	Charles Nabhan	Stephens	$13.00	$8.73	48.91%	42.54%
Apr 06, 2023	Joshua Reilly	Needham	$20.00	$14.30	39.86%	119.30%

The latest Asure Software stock forecast, released on Nov 01, 2024 by Brad Reback from Stifel Nicolaus, set a price target of $10.00, which represents a 17.51% increase from the stock price at the time of the forecast ($8.51), and a 9.65% increase from ASUR last price ($9.12).

Asure Software Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	2
Avg Price Target	-	$11.50	$11.50
Last Closing Price	$9.12	$9.12	$9.12
Upside/Downside	-100.00%	26.10%	26.10%

In the current month, the average price target of Asure Software stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Asure Software's last price of $9.12. 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
Oct 22, 2024	Needham	Underperform	Underperform	Hold
Oct 22, 2024	Stephens	Buy	Buy	Hold
Oct 15, 2024	Stephens		Overweight	Initialise
Aug 02, 2024	Lake Street	Hold	Hold	Hold
Jul 26, 2024	Needham	Buy	Buy	Hold
Jul 26, 2024	Lake Street	Underperform	Underperform	Hold
Jun 17, 2024	Needham	Buy	Buy	Hold
Jun 17, 2024	Lake Street	Underperform	Underperform	Hold
May 06, 2024	Needham	Buy	Buy	Hold
May 06, 2024	Cowen & Co.	Underperform	Underperform	Hold
May 06, 2024	Cowen & Co.	Buy	Buy	Hold
May 03, 2024	Lake Street	Hold	Hold	Hold
Jan 19, 2024	Needham	Buy	Buy	Hold
Jan 19, 2024	Lake Street	Underperform	Underperform	Hold
Apr 06, 2023	Needham	Buy	Buy	Hold
Mar 02, 2023	Lake Street	Buy	Buy	Hold
Mar 02, 2023	Cowen & Co.	Buy	Buy	Hold
Feb 28, 2023	Needham	Buy	Buy	Hold
Nov 30, 2022	Roth Capital	Buy	Buy	Hold
Nov 30, 2022	Cowen & Co.	Buy	Buy	Hold

Asure Software's last stock rating was published by Needham on Oct 22, 2024. The company gave ASUR a "Underperform" rating, the same as its previous rate.

Asure Software Financial Forecast

Asure Software Revenue Forecast

	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	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$26.26M	-	$30.42M	$33.06M	$29.29M	$21.90M	$20.30M	$24.33M	$21.11M	$17.98M	$17.17M	$19.80M	$16.43M	$16.02M	$14.12M	$18.95M	$-3.01M	$24.56M
Avg Forecast	$38.20M	$36.60M	$34.90M	$38.70M	$34.66M	$33.13M	$31.29M	$35.38M	$30.80M	$31.11M	$28.58M	$31.07M	$26.32M	$26.41M	$25.49M	$29.51M	$23.71M	$21.25M	$20.28M	$23.48M	$20.70M	$17.26M	$16.75M	$19.13M	$16.19M	$14.56M	$13.91M	$18.47M	$17.17M	$25.13M
High Forecast	$38.77M	$37.14M	$35.42M	$39.27M	$35.18M	$33.62M	$31.76M	$35.93M	$30.91M	$31.16M	$28.58M	$31.07M	$26.88M	$26.41M	$25.87M	$29.95M	$24.06M	$21.25M	$20.28M	$23.48M	$20.70M	$17.26M	$16.75M	$19.13M	$16.19M	$14.56M	$13.91M	$18.47M	$17.17M	$25.13M
Low Forecast	$37.09M	$35.54M	$33.89M	$37.57M	$33.66M	$32.16M	$30.38M	$34.62M	$30.51M	$31.06M	$28.58M	$31.07M	$25.87M	$26.41M	$24.75M	$28.65M	$23.02M	$21.25M	$20.28M	$23.48M	$20.70M	$17.26M	$16.75M	$19.13M	$16.19M	$14.56M	$13.91M	$18.47M	$17.17M	$25.13M
# Analysts	4	4	4	4	3	3	3	5	6	3	3	3	6	3	3	3	4	4	4	4	3	3	3	3	4	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	-	1.19%	1.12%	1.24%	1.03%	1.00%	1.04%	1.02%	1.04%	1.03%	1.04%	1.02%	1.10%	1.01%	1.03%	-0.18%	0.98%

Asure Software's average Quarter revenue forecast for Mar 24 based on 3 analysts is $31.07M, with a low forecast of $31.07M, and a high forecast of $31.07M. ASUR's average Quarter revenue forecast represents a 18.32% increase compared to the company's last Quarter revenue of $26.26M (Dec 23).

Asure Software EBITDA Forecast

	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	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	6	3	3	3	6	3	3	3	4	4	4	4	3	3	3	3	4	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-27.81M	-	$3.81M	$7.14M	$5.40M	$41.00K	$346.00K	$3.01M	$822.00K	$9.69M	$8.51M	$3.01M	$-1.45M	$-842.00K	$321.00K	$2.15M	$30.02M	$2.90M
Avg Forecast	$833.13K	$798.23K	$761.16K	$844.03K	$756.03K	$722.51K	$682.53K	$771.52K	$671.82K	$678.40K	$623.30K	$2.86M	$574.05K	$576.02K	$555.89K	$2.60M	$2.16M	$609.79K	$581.92K	$2.78M	$593.80K	$495.25K	$480.51K	$1.77M	$464.40K	$417.78K	$399.14K	$1.48M	$492.53K	$721.00K
High Forecast	$845.51K	$810.09K	$772.47K	$856.57K	$767.26K	$733.25K	$692.66K	$783.52K	$674.21K	$679.50K	$623.30K	$3.43M	$586.20K	$576.05K	$564.15K	$3.12M	$2.59M	$609.79K	$581.92K	$3.34M	$593.80K	$495.25K	$480.51K	$2.12M	$464.40K	$417.78K	$399.14K	$1.78M	$492.53K	$721.00K
Low Forecast	$808.91K	$775.03K	$739.03K	$819.49K	$734.05K	$701.50K	$662.68K	$755.15K	$665.51K	$677.30K	$623.30K	$2.29M	$564.28K	$575.98K	$539.73K	$2.08M	$1.73M	$609.79K	$581.92K	$2.22M	$593.80K	$495.25K	$480.51K	$1.41M	$464.40K	$417.78K	$399.14K	$1.18M	$492.53K	$721.00K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-48.45%	-	6.85%	2.75%	2.50%	0.07%	0.59%	1.08%	1.38%	19.56%	17.72%	1.71%	-3.12%	-2.02%	0.80%	1.45%	60.94%	4.02%

3 analysts predict ASUR's average Quarter EBITDA for Sep 23 to be $576.02K, with a high of $576.05K and a low of $575.98K. This is -84.88% lower than Asure Software's previous annual EBITDA (Jun 23) of $3.81M.

Asure Software Net Income Forecast

	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	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	6	3	3	3	6	3	3	3	4	4	4	4	3	3	3	3	4	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-3.58M	-	$-3.77M	$339.00K	$-1.06M	$-4.53M	$-5.86M	$-3.02M	$-4.30M	$5.33M	$3.76M	$-1.60M	$-5.84M	$-4.76M	$-3.94M	$-1.77M	$-31.07M	$-3.36M
Avg Forecast	$6.34M	$5.81M	$4.76M	$7.66M	$6.08M	$5.51M	$4.53M	$6.83M	$4.63M	$4.96M	$3.44M	$-2.86M	$1.43M	$1.47M	$132.15K	$-2.60M	$1.02M	$-930.24K	$-1.81M	$-2.78M	$-904.40K	$-568.48K	$-516.80K	$-936.20K	$-172.28K	$258.40K	$-947.48K	$-1.21M	$1.60M	$2.26M
High Forecast	$6.47M	$5.93M	$4.85M	$7.81M	$6.20M	$5.62M	$4.62M	$7.10M	$4.71M	$4.98M	$3.50M	$-2.29M	$1.67M	$1.48M	$134.70K	$-2.08M	$1.22M	$-930.24K	$-1.81M	$-2.23M	$-904.40K	$-568.48K	$-516.80K	$-748.96K	$-172.28K	$258.40K	$-947.48K	$-971.85K	$1.60M	$2.26M
Low Forecast	$6.10M	$5.59M	$4.58M	$7.37M	$5.85M	$5.30M	$4.36M	$6.31M	$4.35M	$4.94M	$3.31M	$-3.44M	$1.20M	$1.47M	$127.15K	$-3.12M	$816.60K	$-930.24K	$-1.81M	$-3.34M	$-904.40K	$-568.48K	$-516.80K	$-1.12M	$-172.28K	$258.40K	$-947.48K	$-1.46M	$1.60M	$2.26M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.50%	-	-28.49%	-0.13%	-1.03%	4.87%	3.24%	1.08%	4.76%	-9.37%	-7.28%	1.71%	33.88%	-18.42%	4.16%	1.45%	-19.40%	-1.48%

Asure Software's average Quarter net income forecast for Jun 23 is $132.15K, with a range of $127.15K to $134.70K. ASUR's average Quarter net income forecast represents a -61.02% decrease compared to the company's last Quarter net income of $339.00K (Mar 23).

Asure Software SG&A Forecast

	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	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	6	3	3	3	6	3	3	3	4	4	4	4	3	3	3	3	4	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$16.17M	-	$18.85M	$17.16M	$15.74M	$12.78M	$13.29M	$12.38M	$11.56M	$10.90M	$10.44M	$10.11M	$8.84M	$9.52M	$7.96M	$10.03M	$6.07M	$11.39M
Avg Forecast	$21.64M	$20.74M	$19.77M	$21.93M	$19.64M	$18.77M	$17.73M	$20.04M	$17.45M	$17.62M	$16.19M	$11.75M	$14.91M	$14.96M	$14.44M	$10.68M	$4.06M	$12.04M	$11.49M	$11.42M	$11.73M	$9.78M	$9.49M	$5.92M	$9.17M	$8.25M	$7.88M	$6.89M	$9.73M	$14.24M
High Forecast	$21.96M	$21.04M	$20.07M	$22.25M	$19.93M	$19.05M	$17.99M	$20.35M	$17.51M	$17.65M	$16.19M	$14.10M	$15.23M	$14.96M	$14.65M	$12.82M	$4.87M	$12.04M	$11.49M	$13.71M	$11.73M	$9.78M	$9.49M	$7.11M	$9.17M	$8.25M	$7.88M	$8.27M	$9.73M	$14.24M
Low Forecast	$21.01M	$20.13M	$19.20M	$21.29M	$19.07M	$18.22M	$17.21M	$19.62M	$17.29M	$17.59M	$16.19M	$9.40M	$14.66M	$14.96M	$14.02M	$8.54M	$3.25M	$12.04M	$11.49M	$9.14M	$11.73M	$9.78M	$9.49M	$4.74M	$9.17M	$8.25M	$7.88M	$5.52M	$9.73M	$14.24M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	-	1.31%	1.61%	3.88%	1.06%	1.16%	1.08%	0.99%	1.11%	1.10%	1.71%	0.96%	1.15%	1.01%	1.45%	0.62%	0.80%

Asure Software's average Quarter SG&A projection for Mar 24 is $11.75M, based on 3 Wall Street analysts, with a range of $9.40M to $14.10M. The forecast indicates a -27.34% fall compared to ASUR last annual SG&A of $16.17M (Dec 23).

Asure Software EPS Forecast

	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	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	6	3	3	3	6	3	3	3	4	4	4	4	3	3	3	3	4	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.16	-	$-0.18	$0.02	$-0.05	$-0.22	$-0.29	$-0.15	$-0.22	$0.28	$0.20	$-0.08	$-0.31	$-0.30	$-0.25	$-0.11	$-1.98	$-0.22
Avg Forecast	$0.24	$0.22	$0.18	$0.29	$0.23	$0.21	$0.17	$0.26	$0.17	$0.19	$0.13	$0.20	$0.05	$0.06	$0.01	$0.17	-	$-0.04	$-0.07	$0.06	$-0.04	$-0.02	$-0.02	$0.07	$-0.01	$0.01	$-0.04	$0.16	$0.06	$0.09
High Forecast	$0.24	$0.22	$0.18	$0.30	$0.23	$0.21	$0.17	$0.27	$0.18	$0.19	$0.13	$0.20	$0.06	$0.06	$0.01	$0.18	-	$-0.04	$-0.07	$0.06	$-0.04	$-0.02	$-0.02	$0.07	$-0.01	$0.01	$-0.04	$0.16	$0.06	$0.09
Low Forecast	$0.23	$0.21	$0.17	$0.28	$0.22	$0.20	$0.16	$0.24	$0.16	$0.19	$0.13	$0.20	$0.05	$0.06	-	$0.17	-	$-0.04	$-0.07	$0.06	$-0.04	$-0.02	$-0.02	$0.07	$-0.01	$0.01	$-0.04	$0.16	$0.06	$0.09
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.95%	-	-36.00%	0.12%	-18.11%	6.11%	4.14%	-2.59%	6.29%	-12.73%	-10.00%	-1.20%	46.50%	-30.00%	6.82%	-0.69%	-31.94%	-2.51%

According to 3 Wall Street analysts, Asure Software's projected average Quarter EPS for Jun 23 is $0.01, with a low estimate of - and a high estimate of $0.01. This represents a -75.00% decrease compared to ASUR previous annual EPS of $0.02 (Mar 23).

Asure Software Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ETWO	E2open Parent	$3.10	$4.20	35.48%	Hold
ASUR	Asure Software	$9.32	$11.50	23.39%	Buy
ALKT	Alkami	$39.10	$45.67	16.80%	Buy
APPF	AppFolio	$261.51	$300.00	14.72%	Buy
BLKB	Blackbaud	$77.68	$87.50	12.64%	Buy
CWAN	Clearwater Analytics	$29.55	$31.33	6.02%	Buy
PYCR	Paycor HCM	$20.16	$18.25	-9.47%	Hold
AGYS	Agilysys	$141.74	$125.33	-11.58%	Buy
EXFY	Expensify	$3.86	$2.50	-35.23%	Buy

ASUR Forecast FAQ

Is Asure Software a good buy?

Yes, according to 3 Wall Street analysts, Asure Software (ASUR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of ASUR's total ratings.

What is ASUR's price target?

Asure Software (ASUR) average price target is $11.5 with a range of $10 to $13, implying a 26.10% from its last price of $9.12. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Asure Software stock go up soon?

According to Wall Street analysts' prediction for ASUR stock, the company can go up by 26.10% (from the last price of $9.12 to the average price target of $11.5), up by 42.54% based on the highest stock price target, and up by 9.65% based on the lowest stock price target.

Can Asure Software stock reach $14?

ASUR's average twelve months analyst stock price target of $11.5 does not support the claim that Asure Software can reach $14 in the near future.

What are Asure Software's analysts' financial forecasts?

Asure Software's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $134.46M (high $136.49M, low $130.83M), average EBITDA is $2.93M (high $2.98M, low $2.85M), average net income is $22.96M (high $23.53M, low $21.82M), average SG&A $76.18M (high $77.33M, low $74.12M), and average EPS is $0.869 (high $0.89, low $0.826). ASUR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $148.4M (high $150.6M, low $144.09M), average EBITDA is $3.24M (high $3.28M, low $3.14M), average net income is $24.58M (high $25.05M, low $23.65M), average SG&A $84.08M (high $85.33M, low $81.63M), and average EPS is $0.93 (high $0.948, low $0.895).

Did the ASUR's actual financial results beat the analysts' financial forecasts?

Based on Asure Software's last annual report (Dec 2023), the company's revenue was $119.08M, beating the average analysts forecast of $107.73M by 10.54%. Apple's EBITDA was $-2.999M, missing the average prediction of $4.3M by -169.66%. The company's net income was $-9.214M, missing the average estimation of $436.89K by -2208.98%. Apple's SG&A was $68.07M, beating the average forecast of $55M by 23.77%. Lastly, the company's EPS was $-0.42, missing the average prediction of $0.288 by -245.67%. In terms of the last quarterly report (Dec 2023), Asure Software's revenue was $26.26M, missing the average analysts' forecast of $26.32M by -0.22%. The company's EBITDA was $-27.811M, missing the average prediction of $574.05K by -4944.71%. Asure Software's net income was $-3.582M, missing the average estimation of $1.43M by -349.66%. The company's SG&A was $16.17M, beating the average forecast of $14.91M by 8.43%. Lastly, the company's EPS was $-0.16, missing the average prediction of $0.0543 by -394.74%