LPL Financial (LPLA) Stock Forecast, Price Target & Predictions
LPLA Stock Forecast
LPL Financial stock forecast is as follows: an average price target of $264.88 (represents a 28.76% upside from LPLA’s last price of $205.71) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
LPLA Price Target
The average price target for LPL Financial (LPLA) is $264.88 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $334.00 to $174.00. This represents a potential 28.76% upside from LPLA's last price of $205.71.
LPLA Analyst Ratings
According to 12 Wall Street analysts, LPL Financial's rating consensus is 'Buy'. The analyst rating breakdown for LPLA stock is 0 'Strong Buy' (0.00%), 9 'Buy' (75.00%), 3 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
LPL Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Craig Siegenthaler | Bank of America Securities | $268.00 | $221.58 | 20.95% | 30.28% |
| Jul 26, 2024 | Devin Ryan | JMP Securities | $310.00 | $239.20 | 29.60% | 50.70% |
| Jul 26, 2024 | Benjamin Budish | Barclays | $273.00 | $239.20 | 14.13% | 32.71% |
| Jul 10, 2024 | Benjamin Budish | Barclays | $313.00 | $273.22 | 14.56% | 52.16% |
| Jul 08, 2024 | Gerald O'Hara | Jefferies | $334.00 | $272.66 | 22.50% | 62.36% |
| May 01, 2024 | Benjamin Budish | Barclays | $319.00 | $269.13 | 18.53% | 55.07% |
| Apr 09, 2024 | Devin Ryan | JMP Securities | $305.00 | $261.30 | 16.72% | 48.27% |
| Apr 09, 2024 | Michael Cyprys | Morgan Stanley | $315.00 | $261.30 | 20.55% | 53.13% |
| Aug 04, 2022 | - | UBS | $250.00 | $216.94 | 15.24% | 21.53% |
| Apr 29, 2022 | - | Morgan Stanley | $246.00 | $191.25 | 28.63% | 19.59% |
The latest LPL Financial stock forecast, released on Jul 30, 2024 by Craig Siegenthaler from Bank of America Securities, set a price target of $268.00, which represents a 20.95% increase from the stock price at the time of the forecast ($221.58), and a 30.28% increase from LPLA last price ($205.71).
LPL Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 8 |
| Avg Price Target | - | $299.60 | $304.63 |
| Last Closing Price | $205.71 | $205.71 | $205.71 |
| Upside/Downside | -100.00% | 45.64% | 48.09% |
In the current month, the average price target of LPL Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to LPL Financial's last price of $205.71. 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 |
|---|---|---|---|---|
| Sep 11, 2024 | Wells Fargo | - | Equal-Weight | Initialise |
| Aug 23, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 30, 2024 | Bank of America Securities | Neutral | Buy | Upgrade |
| Jul 26, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jul 26, 2024 | UBS | Buy | Buy | Hold |
| Jul 26, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 10, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 09, 2024 | JMP Securities | Underperform | Underperform | Hold |
| Jul 09, 2024 | UBS | Market Outperform | Market Outperform | Hold |
| Jul 09, 2024 | UBS | Neutral | Neutral | Hold |
LPL Financial's last stock rating was published by Wells Fargo on Sep 11, 2024. The company Initialise its LPLA rating from "null" to "Equal-Weight".
LPL Financial Financial Forecast
LPL Financial 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.52B | $946.05M | $981.89M | $935.11M | $804.49M | - | $641.75M | $615.54M | $604.04M | $576.43M | $554.29M | $508.80M | $480.52M | $461.96M | $546.26M | $506.75M | $510.57M |
| Avg Forecast | $4.18B | $4.07B | $3.91B | $3.77B | $3.63B | $3.54B | $3.42B | $3.29B | $3.17B | $3.04B | $2.89B | $2.71B | $2.55B | $2.51B | $2.44B | $2.39B | $2.27B | $2.16B | $2.09B | $2.13B | $2.08B | $2.03B | $1.76B | $1.65B | $1.52B | $1.43B | $1.36B | $1.44B | $1.44B | $1.42B |
| High Forecast | $4.27B | $4.16B | $3.99B | $3.85B | $3.71B | $3.61B | $3.49B | $3.36B | $3.23B | $3.11B | $2.95B | $2.77B | $2.56B | $2.53B | $2.50B | $2.44B | $2.32B | $2.21B | $2.09B | $2.16B | $2.11B | $2.06B | $1.79B | $1.67B | $1.54B | $1.45B | $1.38B | $1.47B | $1.46B | $1.44B |
| Low Forecast | $4.12B | $4.02B | $3.86B | $3.72B | $3.58B | $3.49B | $3.37B | $3.24B | $3.12B | $2.96B | $2.85B | $2.67B | $2.51B | $2.50B | $2.41B | $2.36B | $2.24B | $2.13B | $2.09B | $2.10B | $2.06B | $2.01B | $1.74B | $1.63B | $1.50B | $1.41B | $1.35B | $1.43B | $1.43B | $1.41B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.39% | 0.41% | 0.41% | 0.37% | - | 0.30% | 0.30% | 0.30% | 0.33% | 0.34% | 0.33% | 0.34% | 0.34% | 0.38% | 0.35% | 0.36% |
LPL Financial's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.55B, with a low forecast of $2.51B, and a high forecast of $2.56B. LPLA's average Quarter revenue forecast represents a 0.90% increase compared to the company's last Quarter revenue of $2.52B (Sep 23).
LPL Financial 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $458.42M | $473.94M | $539.74M | $533.08M | $414.24M | - | $267.24M | $224.87M | $224.98M | $243.45M | $243.13M | $216.73M | $204.89M | $207.15M | $280.16M | $238.68M | $250.28M |
| Avg Forecast | $1.59B | $1.55B | $1.48B | $1.43B | $1.38B | $1.34B | $1.30B | $1.25B | $1.20B | $1.15B | $1.10B | $214.16M | $966.31M | $953.75M | $927.32M | $229.05M | $863.17M | $240.29M | $794.29M | $244.97M | $207.00M | $218.44M | $210.59M | $191.51M | $186.00M | $169.91M | $188.02M | $220.84M | $222.16M | $234.73M |
| High Forecast | $1.62B | $1.58B | $1.52B | $1.46B | $1.41B | $1.37B | $1.33B | $1.28B | $1.23B | $1.18B | $1.12B | $256.99M | $970.11M | $962.19M | $947.36M | $274.86M | $881.82M | $288.34M | $794.29M | $293.96M | $248.40M | $262.13M | $252.71M | $229.81M | $223.20M | $203.89M | $225.63M | $265.00M | $266.60M | $281.68M |
| Low Forecast | $1.57B | $1.53B | $1.46B | $1.41B | $1.36B | $1.32B | $1.28B | $1.23B | $1.19B | $1.12B | $1.08B | $171.33M | $953.42M | $948.54M | $914.96M | $183.24M | $851.66M | $192.23M | $794.29M | $195.98M | $165.60M | $174.75M | $168.47M | $153.21M | $148.80M | $135.92M | $150.42M | $176.67M | $177.73M | $187.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.51% | 2.36% | 0.62% | 1.72% | - | 1.09% | 1.09% | 1.03% | 1.16% | 1.27% | 1.17% | 1.21% | 1.10% | 1.27% | 1.07% | 1.07% |
2 analysts predict LPLA's average Quarter EBITDA for Dec 23 to be $966.31M, with a high of $970.11M and a low of $953.42M. This is 110.79% upper than LPL Financial's previous annual EBITDA (Sep 23) of $458.42M.
LPL Financial 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $224.29M | $285.52M | $338.88M | $319.08M | $232.33M | - | $133.74M | $108.08M | $103.06M | $119.10M | $129.62M | $111.55M | $103.79M | $101.66M | $155.64M | $126.68M | $131.71M |
| Avg Forecast | $453.60M | $434.92M | $409.63M | $400.77M | $392.20M | $378.68M | $363.89M | $361.40M | $309.23M | $285.54M | $280.26M | $107.18M | $255.93M | $270.16M | $291.33M | $114.63M | $301.80M | $110.07M | $146.87M | $122.60M | $99.49M | $100.07M | $103.03M | $102.10M | $95.73M | $86.07M | $92.28M | $122.68M | $117.91M | $123.53M |
| High Forecast | $466.34M | $447.14M | $421.13M | $412.02M | $403.22M | $389.31M | $374.11M | $371.55M | $317.91M | $293.13M | $288.14M | $128.61M | $270.53M | $280.00M | $299.51M | $137.56M | $310.28M | $132.09M | $146.87M | $147.12M | $119.39M | $120.08M | $123.63M | $122.52M | $114.88M | $103.28M | $110.73M | $147.22M | $141.49M | $148.24M |
| Low Forecast | $445.74M | $427.38M | $402.53M | $393.82M | $385.40M | $372.11M | $357.58M | $355.13M | $303.87M | $275.66M | $275.40M | $85.74M | $240.56M | $261.08M | $286.28M | $91.70M | $296.57M | $88.06M | $146.87M | $98.08M | $79.59M | $80.05M | $82.42M | $81.68M | $76.59M | $68.86M | $73.82M | $98.15M | $94.33M | $98.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.98% | 2.96% | 1.06% | 2.11% | - | 1.09% | 1.09% | 1.03% | 1.16% | 1.27% | 1.17% | 1.21% | 1.10% | 1.27% | 1.07% | 1.07% |
LPL Financial's average Quarter net income forecast for Dec 23 is $255.93M, with a range of $240.56M to $270.53M. LPLA's average Quarter net income forecast represents a 14.11% increase compared to the company's last Quarter net income of $224.29M (Sep 23).
LPL Financial 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $231.32M | $334.25M | $331.76M | $304.41M | $302.56M | - | $279.04M | $312.92M | $299.82M | $263.13M | $227.71M | $230.86M | $221.79M | $202.22M | $215.03M | $212.64M | $212.55M |
| Avg Forecast | $1.41B | $1.38B | $1.32B | $1.27B | $1.23B | $1.20B | $1.16B | $1.11B | $1.07B | $1.03B | $975.44M | $235.73M | $860.31M | $849.13M | $825.60M | $252.12M | $768.48M | $320.21M | $707.16M | $269.65M | $288.05M | $291.10M | $227.62M | $179.36M | $198.13M | $183.92M | $183.55M | $169.50M | $197.93M | $199.35M |
| High Forecast | $1.44B | $1.41B | $1.35B | $1.30B | $1.25B | $1.22B | $1.18B | $1.14B | $1.09B | $1.05B | $996.52M | $282.88M | $863.69M | $856.64M | $843.44M | $302.55M | $785.09M | $384.25M | $707.16M | $323.58M | $345.66M | $349.32M | $273.14M | $215.24M | $237.75M | $220.71M | $220.27M | $203.40M | $237.52M | $239.22M |
| Low Forecast | $1.39B | $1.36B | $1.30B | $1.26B | $1.21B | $1.18B | $1.14B | $1.10B | $1.06B | $999.21M | $962.44M | $188.59M | $848.83M | $844.49M | $814.59M | $201.70M | $758.24M | $256.17M | $707.16M | $215.72M | $230.44M | $232.88M | $182.09M | $143.49M | $158.50M | $147.14M | $146.84M | $135.60M | $158.35M | $159.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.27% | 0.40% | 1.32% | 0.40% | 0.94% | - | 1.03% | 1.09% | 1.03% | 1.16% | 1.27% | 1.17% | 1.21% | 1.10% | 1.27% | 1.07% | 1.07% |
LPL Financial's average Quarter SG&A projection for Dec 23 is $860.31M, based on 2 Wall Street analysts, with a range of $848.83M to $863.69M. The forecast indicates a 271.92% rise compared to LPLA last annual SG&A of $231.32M (Sep 23).
LPL Financial 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.95 | $3.70 | $4.30 | $4.01 | $2.91 | - | $1.67 | $1.35 | $1.29 | $1.49 | $1.63 | $1.41 | $1.31 | $1.29 | $1.96 | $1.57 | $1.61 |
| Avg Forecast | $6.00 | $5.76 | $5.42 | $5.30 | $5.19 | $5.01 | $4.82 | $4.78 | $4.09 | $3.78 | $3.71 | $3.81 | $3.39 | $3.58 | $3.86 | $4.33 | $3.99 | $2.83 | $1.95 | $1.80 | $1.51 | $1.72 | $1.68 | $1.46 | $1.34 | $1.23 | $1.30 | $1.70 | $1.59 | $1.61 |
| High Forecast | $6.17 | $5.92 | $5.57 | $5.45 | $5.34 | $5.15 | $4.95 | $4.92 | $4.21 | $3.88 | $3.81 | $3.91 | $3.58 | $3.71 | $3.96 | $4.45 | $4.11 | $2.90 | $1.95 | $1.83 | $1.54 | $1.75 | $1.71 | $1.49 | $1.36 | $1.25 | $1.32 | $1.73 | $1.63 | $1.64 |
| Low Forecast | $5.90 | $5.66 | $5.33 | $5.21 | $5.10 | $4.93 | $4.73 | $4.70 | $4.02 | $3.65 | $3.65 | $3.74 | $3.18 | $3.46 | $3.79 | $4.26 | $3.93 | $2.78 | $1.95 | $1.77 | $1.49 | $1.69 | $1.66 | $1.44 | $1.32 | $1.21 | $1.28 | $1.67 | $1.57 | $1.59 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.96% | 0.99% | 1.00% | 1.03% | - | 0.93% | 0.89% | 0.75% | 0.89% | 1.11% | 1.06% | 1.07% | 0.99% | 1.15% | 0.98% | 1.00% |
According to 2 Wall Street analysts, LPL Financial's projected average Quarter EPS for Dec 23 is $3.39, with a low estimate of $3.18 and a high estimate of $3.58. This represents a 14.83% increase compared to LPLA previous annual EPS of $2.95 (Sep 23).
LPL Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LPLA | LPL Financial | $205.71 | $264.88 | 28.76% | Buy |
| MKTX | MarketAxess | $257.13 | $295.50 | 14.92% | Hold |
| LAZ | Lazard | $47.77 | $53.25 | 11.47% | Buy |
| RJF | Raymond James Financial | $117.89 | $130.60 | 10.78% | Buy |
| SF | Stifel Financial | $85.79 | $92.00 | 7.24% | Buy |
| TW | Tradeweb Markets | $117.54 | $103.43 | -12.00% | Buy |
| PWP | Perella Weinberg Partners | $18.48 | $15.50 | -16.13% | Buy |
| EVR | Evercore | $238.93 | $180.75 | -24.35% | Buy |
| MC | Moelis & Company | $67.35 | $47.00 | -30.22% | Buy |
| PJT | PJT Partners | $124.34 | $79.50 | -36.06% | Buy |
| PIPR | Piper Sandler Companies | $267.64 | $162.33 | -39.35% | Buy |
| HLI | Houlihan Lokey | $154.08 | $76.00 | -50.67% | Buy |
LPLA Forecast FAQ
Is LPL Financial a good buy?
Yes, according to 12 Wall Street analysts, LPL Financial (LPLA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 75.00% of LPLA's total ratings.
What is LPLA's price target?
LPL Financial (LPLA) average price target is $264.88 with a range of $174 to $334, implying a 28.76% from its last price of $205.71. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will LPL Financial stock go up soon?
According to Wall Street analysts' prediction for LPLA stock, the company can go up by 28.76% (from the last price of $205.71 to the average price target of $264.88), up by 62.36% based on the highest stock price target, and down by -15.41% based on the lowest stock price target.
Can LPL Financial stock reach $300?
LPLA's highest twelve months analyst stock price target of $334 supports the claim that LPL Financial can reach $300 in the near future.
What are LPL Financial's analysts' financial forecasts?
LPL Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $13.87B (high $14.17B, low $13.69B), average EBITDA is $5.27B (high $5.38B, low $5.2B), average net income is $1.5B (high $1.54B, low $1.47B), average SG&A $4.69B (high $4.79B, low $4.63B), and average EPS is $19.8 (high $20.36, low $19.46). LPLA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.92B (high $16.27B, low $15.71B), average EBITDA is $6.05B (high $6.18B, low $5.97B), average net income is $1.7B (high $1.75B, low $1.67B), average SG&A $5.38B (high $5.5B, low $5.31B), and average EPS is $22.49 (high $23.12, low $22.1).
Did the LPLA's actual financial results beat the analysts' financial forecasts?
Based on LPL Financial's last annual report (Dec 2022), the company's revenue was $3.06B, which missed the average analysts forecast of $8.65B by -64.59%. Apple's EBITDA was $1.53B, missing the average prediction of $2.14B by -28.82%. The company's net income was $845.7M, beating the average estimation of $681.35M by 24.12%. Apple's SG&A was $1.16B, missing the average forecast of $2.07B by -43.80%. Lastly, the company's EPS was $10.6, beating the average prediction of $10.56 by 0.34%. In terms of the last quarterly report (Sep 2023), LPL Financial's revenue was $2.52B, beating the average analysts' forecast of $2.51B by 0.41%. The company's EBITDA was $458.42M, missing the average prediction of $953.75M by -51.93%. LPL Financial's net income was $224.29M, missing the average estimation of $270.16M by -16.98%. The company's SG&A was $231.32M, missing the average forecast of $849.13M by -72.76%. Lastly, the company's EPS was $2.95, missing the average prediction of $3.58 by -17.51%