FirstService (FSV) Stock Forecast, Price Target & Predictions
FSV Stock Forecast
FirstService stock forecast is as follows: an average price target of $192.67 (represents a 8.69% upside from FSV’s last price of $177.27) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
FSV Price Target
The average price target for FirstService (FSV) is $192.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $196.00 to $190.00. This represents a potential 8.69% upside from FSV's last price of $177.27.
FSV Analyst Ratings
According to 5 Wall Street analysts, FirstService's rating consensus is 'Buy'. The analyst rating breakdown for FSV stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
FirstService Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Himanshi Gupta | Scotiabank | $190.00 | $174.48 | 8.90% | 7.18% |
| Jul 26, 2024 | Tom Callaghan | RBC Capital | $192.00 | $176.28 | 8.92% | 8.31% |
| Jun 07, 2024 | Stephen MacLeod | BMO Capital | $196.00 | $149.98 | 30.68% | 10.57% |
| Jun 06, 2024 | Tom Callaghan | RBC Capital | $187.00 | $150.29 | 24.43% | 5.49% |
| Apr 19, 2023 | Tom Callaghan | RBC Capital | $165.00 | $145.04 | 13.76% | -6.92% |
| Apr 28, 2022 | - | BMO Capital | $152.00 | $122.59 | 23.99% | -14.26% |
The latest FirstService stock forecast, released on Jul 29, 2024 by Himanshi Gupta from Scotiabank, set a price target of $190.00, which represents a 8.90% increase from the stock price at the time of the forecast ($174.48), and a 7.18% increase from FSV last price ($177.27).
FirstService Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $192.67 | $191.25 |
| Last Closing Price | $177.27 | $177.27 | $177.27 |
| Upside/Downside | -100.00% | 8.69% | 7.89% |
In the current month, the average price target of FirstService stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FirstService's last price of $177.27. 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 |
|---|---|---|---|---|
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 12, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jun 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Dec 20, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Jun 30, 2023 | BMO Capital | Market Perform | Outperform | Upgrade |
| Apr 27, 2023 | Citigroup | - | Buy | Initialise |
| Apr 27, 2023 | TD Securities | - | Buy | Upgrade |
| Apr 19, 2023 | RBC Capital | - | Outperform | Initialise |
| Feb 08, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
FirstService's last stock rating was published by RBC Capital on Jul 26, 2024. The company gave FSV a "Outperform" rating, the same as its previous rate.
FirstService Financial Forecast
FirstService 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.02B | $960.46M | $930.71M | $834.57M | $856.95M | $849.43M | $831.63M | $711.07M | $775.05M | $741.93M |
| Avg Forecast | $2.21B | $2.12B | $2.04B | $1.97B | $1.90B | $1.82B | $1.76B | $1.69B | $1.44B | $1.49B | $1.43B | $1.28B | $1.32B | $1.34B | $1.28B | $1.13B | $1.10B | $1.05B | $1.11B | $959.68M | $977.78M | $886.94M | $907.31M | $813.10M | $827.74M | $822.49M | $746.25M | $677.13M | $737.81M | $680.54M |
| High Forecast | $2.22B | $2.14B | $2.06B | $1.98B | $1.91B | $1.84B | $1.77B | $1.70B | $1.45B | $1.50B | $1.44B | $1.29B | $1.33B | $1.36B | $1.29B | $1.14B | $1.11B | $1.06B | $1.12B | $967.00M | $985.23M | $893.70M | $907.31M | $824.81M | $839.66M | $834.33M | $757.00M | $686.88M | $748.43M | $690.34M |
| Low Forecast | $2.19B | $2.11B | $2.03B | $1.95B | $1.88B | $1.81B | $1.74B | $1.68B | $1.43B | $1.47B | $1.42B | $1.27B | $1.31B | $1.31B | $1.27B | $1.12B | $1.09B | $1.04B | $1.10B | $952.37M | $970.32M | $880.17M | $907.31M | $802.25M | $816.70M | $811.51M | $736.30M | $668.09M | $727.97M | $671.47M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 11 | 11 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.04% | 1.08% | 1.03% | 1.03% | 1.04% | 1.03% | 1.11% | 1.05% | 1.05% | 1.09% |
FirstService's average Quarter revenue forecast for Jun 23 based on 1 analysts is $1.11B, with a low forecast of $1.10B, and a high forecast of $1.12B. FSV's average Quarter revenue forecast represents a 9.15% increase compared to the company's last Quarter revenue of $1.02B (Mar 23).
FirstService 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 11 | 11 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $75.20M | $99.19M | $90.61M | $86.99M | $57.05M | $76.66M | $90.79M | $78.62M | $57.02M | $63.41M | $77.44M |
| Avg Forecast | $153.49M | $147.78M | $142.29M | $137.00M | $131.90M | $126.99M | $122.27M | $117.72M | $100.37M | $103.39M | $99.59M | $89.25M | $91.78M | $93.21M | $89.20M | $59.68M | $76.67M | $73.25M | $77.37M | $54.26M | $68.06M | $81.83M | $63.15M | $49.33M | $70.76M | $64.69M | $55.28M | $31.36M | $46.97M | $53.62M |
| High Forecast | $154.66M | $148.91M | $143.37M | $138.04M | $132.91M | $127.96M | $123.20M | $118.62M | $101.13M | $104.18M | $100.35M | $89.93M | $92.48M | $94.62M | $89.88M | $71.62M | $77.38M | $73.99M | $77.96M | $65.11M | $68.58M | $98.19M | $63.15M | $59.19M | $84.91M | $77.62M | $66.34M | $37.64M | $56.37M | $64.34M |
| Low Forecast | $152.32M | $146.66M | $141.20M | $135.95M | $130.89M | $126.03M | $121.34M | $116.83M | $99.60M | $102.61M | $98.83M | $88.57M | $91.08M | $91.09M | $88.52M | $47.75M | $76.08M | $72.53M | $76.78M | $43.41M | $67.54M | $65.46M | $63.15M | $39.46M | $56.61M | $51.75M | $44.23M | $25.09M | $37.58M | $42.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 1.46% | 1.11% | 1.38% | 1.16% | 1.08% | 1.40% | 1.42% | 1.82% | 1.35% | 1.44% |
1 analysts predict FSV's average Quarter EBITDA for Jun 23 to be $77.37M, with a high of $77.96M and a low of $76.78M. This is 2.89% upper than FirstService's previous annual EBITDA (Mar 23) of $75.20M.
FirstService 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 11 | 11 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.67M | $38.25M | $34.18M | $34.57M | $18.82M | $35.40M | $45.62M | $36.70M | $21.89M | $22.02M | $32.83M |
| Avg Forecast | $80.82M | $82.62M | $87.11M | $53.88M | $74.54M | $76.33M | $80.82M | $48.94M | $67.54M | $74.17M | $70.51M | $38.17M | $60.69M | $65.27M | $56.82M | $16.56M | $52.15M | $56.75M | $59.83M | $15.06M | $53.41M | $41.11M | $52.20M | $13.69M | $28.62M | $32.50M | $25.80M | $12.04M | $16.31M | $22.73M |
| High Forecast | $81.62M | $83.44M | $87.97M | $54.42M | $75.28M | $77.09M | $81.62M | $49.43M | $68.21M | $74.90M | $71.21M | $38.55M | $61.29M | $66.16M | $57.38M | $19.88M | $53.97M | $61.62M | $60.42M | $18.07M | $53.94M | $49.34M | $52.20M | $16.43M | $34.35M | $39.00M | $30.96M | $14.45M | $19.58M | $27.27M |
| Low Forecast | $80.02M | $81.80M | $86.25M | $53.35M | $73.80M | $75.58M | $80.02M | $48.46M | $66.87M | $73.43M | $69.81M | $37.79M | $60.09M | $64.37M | $56.26M | $13.25M | $50.32M | $52.31M | $59.24M | $12.05M | $52.88M | $32.89M | $52.20M | $10.95M | $22.90M | $26.00M | $20.64M | $9.63M | $13.05M | $18.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 0.72% | 0.83% | 0.66% | 1.37% | 1.24% | 1.40% | 1.42% | 1.82% | 1.35% | 1.44% |
FirstService's average Quarter net income forecast for Jun 23 is $59.83M, with a range of $59.24M to $60.42M. FSV's average Quarter net income forecast represents a 163.95% increase compared to the company's last Quarter net income of $22.67M (Mar 23).
FirstService 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 11 | 11 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $243.24M | $231.31M | $207.97M | $204.92M | $202.22M | $198.89M | $179.47M | $192.00M | $163.25M | $169.64M | $159.30M |
| Avg Forecast | $498.55M | $480.01M | $462.15M | $444.96M | $428.42M | $412.48M | $397.14M | $382.37M | $325.99M | $335.82M | $323.48M | $289.87M | $298.09M | $302.74M | $289.72M | $237.79M | $249.01M | $237.91M | $251.31M | $216.18M | $221.05M | $161.75M | $205.12M | $196.52M | $183.59M | $127.87M | $135.00M | $102.56M | $144.33M | $128.41M |
| High Forecast | $502.35M | $483.67M | $465.68M | $448.36M | $431.68M | $415.63M | $400.17M | $385.29M | $328.48M | $338.39M | $325.95M | $292.09M | $300.36M | $307.32M | $291.93M | $285.35M | $251.34M | $240.34M | $253.23M | $259.41M | $222.74M | $194.11M | $205.12M | $235.83M | $220.30M | $153.44M | $162.00M | $123.07M | $173.19M | $154.10M |
| Low Forecast | $494.75M | $476.35M | $458.63M | $441.57M | $425.15M | $409.34M | $394.11M | $379.45M | $323.51M | $333.26M | $321.01M | $287.66M | $295.81M | $295.85M | $287.51M | $190.24M | $247.11M | $235.57M | $249.40M | $172.94M | $219.36M | $129.40M | $205.12M | $157.22M | $146.87M | $102.30M | $108.00M | $82.05M | $115.46M | $102.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.05% | 1.29% | 1.00% | 1.03% | 1.08% | 1.40% | 1.42% | 1.59% | 1.18% | 1.24% |
FirstService's average Quarter SG&A projection for Jun 23 is $251.31M, based on 1 Wall Street analysts, with a range of $249.40M to $253.23M. The forecast indicates a 3.32% rise compared to FSV last annual SG&A of $243.24M (Mar 23).
FirstService 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 11 | 11 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.51 | $0.86 | $0.77 | $0.78 | $0.43 | $0.80 | $1.04 | $0.84 | $0.50 | $0.51 | $0.76 |
| Avg Forecast | $1.79 | $1.83 | $1.93 | $1.19 | $1.65 | $1.69 | $1.79 | $1.09 | $1.50 | $1.64 | $1.56 | $0.85 | $1.35 | $1.45 | $1.26 | $0.67 | $1.16 | $1.26 | $1.33 | $0.80 | $1.18 | $1.15 | $1.16 | $0.71 | $1.01 | $1.17 | $1.03 | $0.45 | $0.83 | $0.88 |
| High Forecast | $1.81 | $1.85 | $1.95 | $1.21 | $1.67 | $1.71 | $1.81 | $1.10 | $1.51 | $1.66 | $1.58 | $0.85 | $1.36 | $1.47 | $1.27 | $0.68 | $1.20 | $1.37 | $1.34 | $0.81 | $1.20 | $1.17 | $1.16 | $0.73 | $1.03 | $1.19 | $1.05 | $0.46 | $0.84 | $0.90 |
| Low Forecast | $1.77 | $1.81 | $1.91 | $1.18 | $1.64 | $1.68 | $1.77 | $1.07 | $1.48 | $1.63 | $1.55 | $0.84 | $1.33 | $1.43 | $1.25 | $0.66 | $1.12 | $1.16 | $1.31 | $0.79 | $1.17 | $1.14 | $1.16 | $0.70 | $0.99 | $1.15 | $1.01 | $0.45 | $0.81 | $0.87 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.73% | 0.67% | 0.67% | 0.60% | 0.79% | 0.89% | 0.82% | 1.10% | 0.62% | 0.86% |
According to 1 Wall Street analysts, FirstService's projected average Quarter EPS for Jun 23 is $1.33, with a low estimate of $1.31 and a high estimate of $1.34. This represents a 160.12% increase compared to FSV previous annual EPS of $0.51 (Mar 23).
FirstService Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOUS | Anywhere Real Estate | $4.74 | $8.50 | 79.32% | Sell |
| RMAX | RE/MAX | $10.59 | $16.67 | 57.41% | Buy |
| CWK | Cushman & Wakefield | $12.38 | $17.50 | 41.36% | Buy |
| JLL | Jones Lang LaSalle | $245.00 | $273.33 | 11.56% | Buy |
| FSV | FirstService | $177.27 | $192.67 | 8.69% | Buy |
| CBRE | CBRE Group | $113.55 | $112.80 | -0.66% | Hold |
| FTHM | Fathom | $2.99 | $2.75 | -8.03% | Buy |
| MMI | Marcus & Millichap | $37.79 | $26.00 | -31.20% | Buy |
| NYC | New York City REIT | $8.40 | $1.13 | -86.55% | - |
FSV Forecast FAQ
Is FirstService a good buy?
Yes, according to 5 Wall Street analysts, FirstService (FSV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of FSV's total ratings.
What is FSV's price target?
FirstService (FSV) average price target is $192.67 with a range of $190 to $196, implying a 8.69% from its last price of $177.27. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will FirstService stock go up soon?
According to Wall Street analysts' prediction for FSV stock, the company can go up by 8.69% (from the last price of $177.27 to the average price target of $192.67), up by 10.57% based on the highest stock price target, and up by 7.18% based on the lowest stock price target.
Can FirstService stock reach $300?
FSV's average twelve months analyst stock price target of $192.67 does not support the claim that FirstService can reach $300 in the near future.
What are FirstService's analysts' financial forecasts?
FirstService's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.17B (high $7.22B, low $7.11B), average EBITDA is $498.89M (high $502.7M, low $495.09M), average net income is $280.63M (high $283.42M, low $277.85M), average SG&A $1.62B (high $1.63B, low $1.61B), and average EPS is $6.22 (high $6.28, low $6.16). FSV's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.34B (high $8.4B, low $8.28B), average EBITDA is $580.56M (high $584.99M, low $576.13M), average net income is $304.43M (high $307.45M, low $301.41M), average SG&A $1.89B (high $1.9B, low $1.87B), and average EPS is $6.75 (high $6.82, low $6.68).
Did the FSV's actual financial results beat the analysts' financial forecasts?
Based on FirstService's last annual report (Dec 2022), the company's revenue was $3.75B, beating the average analysts forecast of $3.59B by 4.48%. Apple's EBITDA was $333.83M, beating the average prediction of $262.36M by 27.24%. The company's net income was $121.07M, missing the average estimation of $160.42M by -24.53%. Apple's SG&A was $846.43M, beating the average forecast of $784.45M by 7.90%. Lastly, the company's EPS was $2.74, missing the average prediction of $4.21 by -34.90%. In terms of the last quarterly report (Mar 2023), FirstService's revenue was $1.02B, beating the average analysts' forecast of $959.68M by 6.12%. The company's EBITDA was $75.2M, beating the average prediction of $54.26M by 38.60%. FirstService's net income was $22.67M, beating the average estimation of $15.06M by 50.54%. The company's SG&A was $243.24M, beating the average forecast of $216.18M by 12.52%. Lastly, the company's EPS was $0.51, missing the average prediction of $0.802 by -36.44%