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Newtek Business Services (NEWT) Stock Forecast, Price Target & Predictions

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NEWT Stock Forecast

Newtek Business Services (NEWT) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $15.00, with a high of $15.00 and a low of $15.00. This represents a 15.56% increase from the last price of $12.98.

$10 $11 $12 $13 $14 $15 High: $15 Avg: $15 Low: $15 Last Closed Price: $12.98

NEWT Stock Rating

Newtek Business Services stock's rating consensus is Hold, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (16.67%), 4 Hold (66.67%), 1 Sell (16.67%), and 0 Strong Sell (0.00%).

Hold
Total 6 0 1 4 1 Strong Sell Sell Hold Buy Strong Buy

NEWT Price Target Upside V Benchmarks

TypeNameUpside
StockNewtek Business Services15.56%
SectorFinancial Services Stocks 3.45%
IndustryAsset Management Stocks1.05%

Price Target Trends

1M3M12M
# Anlaysts-12
Avg Price Target-$15.00$13.00
Last Closing Price$12.98$12.98$12.98
Upside/Downside-15.56%0.15%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25-15--6
Jan, 25-15--6
Dec, 24-15--6
Nov, 24216--9
Oct, 24216--9
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Crispin LovePiper Sandler$15.00$13.2413.29%15.56%
Mar 18, 2024Crispin LovePiper Sandler$11.00$10.178.16%-15.25%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024B. RileyNeutralNeutralhold
Sep 04, 2024B. RileyNeutraldowngrade
Jul 26, 2024Piper SandlerNeutralNeutralhold
Jun 20, 2023B. Riley SecuritiesBuyBuyhold
Aug 08, 2022Raymond JamesMarket Performupgrade
Apr 26, 2022Zacks Investment ResearchSelldowngrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.59$3.69$1.34$1.71-----
Avg Forecast$2.16$3.41$2.70$1.68$1.92$2.13$2.41$3.03$3.46
High Forecast$2.07$3.27$2.62$1.67$1.84$2.06$2.30$2.94$3.35
Low Forecast$2.25$3.55$2.77$1.70$1.97$2.16$2.60$3.12$3.56
Surprise %-26.39%8.21%-50.37%1.79%-----

Revenue Forecast

$0 $300M $600M $900M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$74.96M$147.76M$105.17M$188.13M-----
Avg Forecast$91.28M$95.59M$87.84M$211.06M$250.58M$273.40M$308.05M$922.86M$1.28B
High Forecast$88.59M$92.78M$85.89M$208.84M$245.65M$266.76M$300.71M$900.86M$1.24B
Low Forecast$94.26M$98.72M$89.43M$212.93M$253.69M$279.60M$314.76M$942.95M$1.30B
Surprise %-17.88%54.57%19.73%-10.87%-----

Net Income Forecast

$30M $43M $56M $69M $82M $95M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$33.62M$84.14M$32.31M$42.97M-----
Avg Forecast$51.94M$75.25M$41.00M$45.88M$46.42M$51.34M$62.74M$73.67M$84.24M
High Forecast$49.95M$60.20M$31.94M$35.89M$44.84M$50.12M$56.00M$71.49M$81.63M
Low Forecast$54.14M$90.30M$50.06M$55.86M$48.00M$52.56M$63.30M$75.86M$86.63M
Surprise %-35.27%11.82%-21.19%-6.34%-----

NEWT Forecast FAQ

Is Newtek Business Services stock a buy?

Newtek Business Services stock has a consensus rating of Hold, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 4 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Newtek Business Services is a neutral investment for most analysts.

What is Newtek Business Services's price target?

Newtek Business Services's price target, set by 6 Wall Street analysts, averages $15 over the next 12 months. The price target range spans from $15 at the low end to $15 at the high end, suggesting a potential 15.56% change from the previous closing price of $12.98.

How does Newtek Business Services stock forecast compare to its benchmarks?

Newtek Business Services's stock forecast shows a 15.56% upside, outperforming the average forecast for the financial services stocks sector (3.45%) and outperforming the asset management stocks industry (1.05%).

What is the breakdown of analyst ratings for Newtek Business Services over the past three months?

  • February 2025: 0% Strong Buy, 16.67% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 0% Strong Buy, 16.67% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 16.67% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.

What is Newtek Business Services’s EPS forecast?

Newtek Business Services's average annual EPS forecast for its fiscal year ending in December is $1.92 for 2024, a 12.28% increase from the reported $1.71 in 2023. The prediction for 2025 is $2.13, $2.41 for 2026, $3.03 for 2027, and $3.46 for 2028.

What is Newtek Business Services’s revenue forecast?

Newtek Business Services's average annual revenue forecast for its fiscal year ending in December is $250.58M for 2024, a 33.20% increase from the reported $188.13M in 2023. The forecast for 2025 is $273.4M, $308.05M for 2026, $922.86M for 2027, and $1.28B for 2028.

What is Newtek Business Services’s net income forecast?

For its fiscal year ending in December, Newtek Business Services's average annual net income forecast is $46.42M for 2024, reflecting an 8.04% increase from the reported $42.96M in 2023. The projection for 2025 is $51.34M, $62.74M for 2026, $73.67M for 2027, and $84.24M for 2028.