Premier (PINC) Stock Forecast, Price Target & Predictions
PINC Stock Forecast
Premier stock forecast is as follows: an average price target of $33.25 (represents a 63.87% upside from PINC’s last price of $20.29) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
PINC Price Target
The average price target for Premier (PINC) is $33.25 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $43.00 to $20.00. This represents a potential 63.87% upside from PINC's last price of $20.29.
PINC Analyst Ratings
According to 8 Wall Street analysts, Premier's rating consensus is 'Hold'. The analyst rating breakdown for PINC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (12.50%), 7 'Hold' (87.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Premier Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 21, 2024 | Richard Close | Canaccord Genuity | $20.00 | $20.02 | -0.12% | -1.43% |
| Aug 23, 2023 | Kevin Caliendo | UBS | $32.00 | $21.75 | 47.13% | 57.71% |
| Aug 17, 2022 | - | Canaccord Genuity | $46.00 | $37.57 | 22.44% | 126.71% |
| Aug 17, 2021 | Steven Halper | Cantor Fitzgerald | $43.00 | $36.10 | 19.11% | 111.93% |
| Apr 14, 2021 | Brian Tanquilut | Jefferies | $38.00 | $34.20 | 11.11% | 87.28% |
The latest Premier stock forecast, released on Aug 21, 2024 by Richard Close from Canaccord Genuity, set a price target of $20.00, which represents a -0.12% decrease from the stock price at the time of the forecast ($20.02), and a -1.43% decrease from PINC last price ($20.29).
Premier Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $20.00 | $20.00 | $20.00 |
| Last Closing Price | $20.29 | $20.29 | $20.29 |
| Upside/Downside | -1.43% | -1.43% | -1.43% |
In the current month, the average price target of Premier stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -1.43% decrease as opposed to Premier's last price of $20.29. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | Benchmark | Buy | Hold | Downgrade |
| Aug 21, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Nov 27, 2023 | HSBC | - | Hold | Upgrade |
| Nov 09, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 12, 2023 | Cowen & Co. | Market Perform | Market Perform | Hold |
| Aug 23, 2023 | Piper Sandler | Underperform | Underperform | Hold |
| Aug 23, 2023 | Benchmark | Buy | Buy | Hold |
| Aug 23, 2023 | Canaccord Genuity | Buy | Buy | Hold |
| Aug 23, 2023 | UBS | Neutral | Neutral | Hold |
| Aug 10, 2023 | Raymond James | - | Market Perform | Downgrade |
Premier's last stock rating was published by Benchmark on Aug 26, 2024. The company Downgrade its PINC rating from "Buy" to "Hold".
Premier Financial Forecast
Premier Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $334.75M | $318.75M | $340.36M | $322.23M | $359.63M | $313.87M | - | $347.83M | $379.21M | $365.15M | $481.51M | $469.92M | $422.83M | $346.89M | $342.75M | $334.82M |
| Avg Forecast | $302.01M | $259.64M | $267.37M | $248.88M | $264.82M | $250.06M | $250.28M | $240.11M | $257.25M | $246.01M | $241.34M | $232.85M | $313.17M | $318.51M | $341.57M | $320.22M | $356.34M | $350.53M | $351.50M | $326.97M | $333.43M | $340.08M | $347.71M | $347.45M | $448.12M | $448.20M | $388.92M | $305.32M | $314.36M | $312.94M |
| High Forecast | $315.19M | $270.97M | $279.04M | $259.74M | $276.38M | $260.97M | $261.20M | $250.59M | $268.47M | $256.74M | $251.87M | $238.37M | $326.83M | $332.41M | $346.42M | $330.29M | $371.89M | $365.82M | $366.84M | $341.23M | $333.43M | $346.52M | $354.30M | $354.03M | $456.61M | $456.69M | $396.28M | $311.11M | $320.31M | $318.87M |
| Low Forecast | $289.38M | $248.78M | $256.19M | $238.47M | $253.75M | $239.60M | $239.81M | $230.06M | $246.48M | $235.72M | $231.24M | $227.49M | $300.07M | $305.19M | $336.70M | $303.40M | $341.43M | $335.86M | $336.80M | $313.29M | $333.43M | $336.19M | $343.73M | $343.47M | $442.99M | $443.07M | $384.46M | $301.83M | $310.76M | $309.36M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 0.96% | 0.92% | 1.02% | 0.96% | - | 1.02% | 1.09% | 1.05% | 1.07% | 1.05% | 1.09% | 1.14% | 1.09% | 1.07% |
Premier's average Quarter revenue forecast for Mar 24 based on 1 analysts is $318.51M, with a low forecast of $305.19M, and a high forecast of $332.41M. PINC's average Quarter revenue forecast represents a -4.85% decrease compared to the company's last Quarter revenue of $334.75M (Dec 23).
Premier EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $98.47M | $58.97M | $-108.26M | $102.34M | $127.26M | $98.48M | - | $67.72M | $116.50M | $175.31M | $95.00M | $91.50M | $93.38M | $83.50M | $80.18M | $92.03M |
| Avg Forecast | $86.50M | $74.37M | $76.58M | $71.29M | $75.85M | $71.62M | $71.69M | $68.77M | $73.68M | $70.46M | $69.12M | $66.69M | $89.70M | $108.90M | $97.83M | $91.72M | $102.06M | $99.00M | $100.68M | $192.84M | $109.56M | $90.00M | $102.17M | $175.31M | $95.00M | $76.53M | $74.36M | $69.87M | $84.12M | $89.44M |
| High Forecast | $90.28M | $77.61M | $79.92M | $74.40M | $79.16M | $74.75M | $74.81M | $71.77M | $76.90M | $73.54M | $72.14M | $68.28M | $93.61M | $130.68M | $99.22M | $94.60M | $106.52M | $118.80M | $105.07M | $231.41M | $109.56M | $108.00M | $122.60M | $210.37M | $114.00M | $91.83M | $89.23M | $83.84M | $100.94M | $107.33M |
| Low Forecast | $82.89M | $71.26M | $73.38M | $68.30M | $72.68M | $68.63M | $68.69M | $65.90M | $70.60M | $67.51M | $66.23M | $65.16M | $85.95M | $87.12M | $96.44M | $86.90M | $97.80M | $79.20M | $96.47M | $154.27M | $109.56M | $72.00M | $81.73M | $140.25M | $76.00M | $61.22M | $59.48M | $55.89M | $67.30M | $71.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.64% | -1.06% | 1.03% | 1.26% | 0.51% | - | 0.75% | 1.14% | 1.00% | 1.00% | 1.20% | 1.26% | 1.20% | 0.95% | 1.03% |
1 analysts predict PINC's average Quarter EBITDA for Mar 24 to be $108.90M, with a high of $130.68M and a low of $87.12M. This is 10.59% upper than Premier's previous annual EBITDA (Dec 23) of $98.47M.
Premier Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.30M | $44.76M | $21.46M | $46.80M | $64.05M | $42.72M | - | $38.41M | $77.23M | $122.00M | $26.39M | $48.32M | $43.97M | $168.84M | $26.30M | $38.16M |
| Avg Forecast | $47.30M | $33.05M | $34.36M | $26.32M | $40.30M | $34.92M | $32.71M | $28.95M | $38.28M | $32.49M | $30.89M | $26.49M | $51.74M | $47.28M | $60.71M | $53.75M | $69.21M | $42.99M | $70.34M | $134.20M | $66.31M | $39.08M | $66.25M | $122.00M | $26.39M | $40.41M | $35.01M | $141.27M | $27.59M | $37.08M |
| High Forecast | $49.99M | $34.93M | $36.31M | $27.81M | $42.58M | $36.91M | $34.57M | $30.59M | $40.45M | $34.33M | $32.65M | $31.59M | $54.67M | $56.74M | $61.83M | $57.97M | $73.13M | $51.58M | $74.33M | $161.05M | $66.31M | $46.89M | $79.50M | $146.40M | $31.67M | $48.50M | $42.01M | $169.53M | $33.11M | $44.50M |
| Low Forecast | $44.73M | $31.26M | $32.49M | $24.89M | $38.10M | $33.03M | $30.93M | $27.38M | $36.20M | $30.72M | $29.21M | $23.43M | $48.92M | $37.83M | $59.59M | $44.27M | $65.44M | $34.39M | $66.51M | $107.36M | $66.31M | $31.26M | $53.00M | $97.60M | $21.11M | $32.33M | $28.01M | $113.02M | $22.07M | $29.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.83% | 0.31% | 1.09% | 0.91% | 0.32% | - | 0.98% | 1.17% | 1.00% | 1.00% | 1.20% | 1.26% | 1.20% | 0.95% | 1.03% |
Premier's average Quarter net income forecast for Mar 24 is $47.28M, with a range of $37.83M to $56.74M. PINC's average Quarter net income forecast represents a -12.92% decrease compared to the company's last Quarter net income of $54.30M (Dec 23).
Premier SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $142.15M | $138.06M | $185.39M | $143.59M | $140.53M | $132.05M | - | $143.68M | $146.84M | $127.81M | $143.87M | $134.50M | $130.00M | $123.95M | $144.55M | $129.25M |
| Avg Forecast | $122.10M | $104.97M | $108.10M | $100.62M | $107.06M | $101.10M | $101.18M | $97.07M | $104.00M | $99.46M | $97.57M | $94.14M | $126.61M | $176.85M | $138.09M | $129.46M | $144.06M | $160.77M | $142.11M | $140.60M | $125.14M | $146.15M | $128.77M | $127.81M | $143.87M | $112.49M | $103.52M | $103.72M | $151.66M | $125.61M |
| High Forecast | $127.43M | $109.55M | $112.81M | $105.01M | $111.74M | $105.51M | $105.60M | $101.31M | $108.54M | $103.80M | $101.83M | $96.37M | $132.13M | $212.21M | $140.05M | $133.53M | $150.35M | $192.92M | $148.31M | $168.71M | $125.14M | $175.38M | $154.52M | $153.38M | $172.65M | $134.99M | $124.22M | $124.46M | $181.99M | $150.74M |
| Low Forecast | $116.99M | $100.58M | $103.57M | $96.41M | $102.59M | $96.87M | $96.95M | $93.01M | $99.65M | $95.30M | $93.49M | $91.97M | $121.31M | $141.48M | $136.12M | $122.66M | $138.04M | $128.61M | $136.16M | $112.48M | $125.14M | $116.92M | $103.01M | $102.25M | $115.10M | $89.99M | $82.81M | $82.97M | $121.33M | $100.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.07% | 1.29% | 0.89% | 0.99% | 0.94% | - | 0.98% | 1.14% | 1.00% | 1.00% | 1.20% | 1.26% | 1.20% | 0.95% | 1.03% |
Premier's average Quarter SG&A projection for Mar 24 is $176.85M, based on 1 Wall Street analysts, with a range of $141.48M to $212.21M. The forecast indicates a 24.41% rise compared to PINC last annual SG&A of $142.15M (Dec 23).
Premier EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.45 | $0.38 | $0.18 | $0.39 | $0.54 | $0.36 | - | $0.32 | $0.64 | $0.99 | $0.22 | $0.40 | $0.36 | $1.43 | $0.37 | $0.55 |
| Avg Forecast | $0.45 | $0.31 | $0.33 | $0.25 | $0.38 | $0.33 | $0.31 | $0.27 | $0.36 | $0.31 | $0.29 | $0.25 | $0.49 | $0.48 | $0.57 | $0.51 | $0.66 | $0.58 | $0.67 | $0.59 | $0.60 | $0.57 | $0.65 | $0.60 | $0.59 | $0.55 | $0.54 | $0.48 | $0.61 | $0.71 |
| High Forecast | $0.47 | $0.33 | $0.34 | $0.26 | $0.40 | $0.35 | $0.33 | $0.29 | $0.38 | $0.33 | $0.31 | $0.30 | $0.52 | $0.51 | $0.59 | $0.55 | $0.69 | $0.62 | $0.70 | $0.62 | $0.60 | $0.59 | $0.67 | $0.61 | $0.61 | $0.57 | $0.55 | $0.49 | $0.62 | $0.73 |
| Low Forecast | $0.42 | $0.30 | $0.31 | $0.24 | $0.36 | $0.31 | $0.29 | $0.26 | $0.34 | $0.29 | $0.28 | $0.22 | $0.46 | $0.45 | $0.56 | $0.42 | $0.62 | $0.55 | $0.63 | $0.56 | $0.60 | $0.56 | $0.64 | $0.59 | $0.59 | $0.55 | $0.53 | $0.47 | $0.60 | $0.70 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.75% | 0.27% | 0.67% | 0.81% | 0.61% | - | 0.56% | 0.98% | 1.66% | 0.36% | 0.72% | 0.67% | 2.99% | 0.61% | 0.77% |
According to 1 Wall Street analysts, Premier's projected average Quarter EPS for Mar 24 is $0.48, with a low estimate of $0.45 and a high estimate of $0.51. This represents a 6.85% increase compared to PINC previous annual EPS of $0.45 (Dec 23).
Premier Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HCAT | Health Catalyst | $8.44 | $29.25 | 246.56% | Buy |
| DH | Definitive Healthcare | $4.44 | $9.92 | 123.42% | Hold |
| CERT | Certara | $10.95 | $21.75 | 98.63% | Hold |
| FORA | Forian | $2.28 | $4.50 | 97.37% | Buy |
| PRVA | Privia Health Group | $18.95 | $33.82 | 78.47% | Buy |
| PINC | Premier | $20.29 | $33.25 | 63.87% | Hold |
| EVH | Evolent Health | $30.11 | $44.00 | 46.13% | Buy |
| CMAX | CareMax | $2.04 | $2.60 | 27.45% | Hold |
| HQY | HealthEquity | $78.23 | $97.00 | 23.99% | Buy |
PINC Forecast FAQ
Is Premier a good buy?
No, according to 8 Wall Street analysts, Premier (PINC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 12.50% of PINC's total ratings.
What is PINC's price target?
Premier (PINC) average price target is $33.25 with a range of $20 to $43, implying a 63.87% from its last price of $20.29. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Premier stock go up soon?
According to Wall Street analysts' prediction for PINC stock, the company can go up by 63.87% (from the last price of $20.29 to the average price target of $33.25), up by 111.93% based on the highest stock price target, and down by -1.43% based on the lowest stock price target.
Can Premier stock reach $30?
PINC's average twelve months analyst stock price target of $33.25 supports the claim that Premier can reach $30 in the near future.
What is Premier's current price target trend?
1 Wall Street analyst forecast a $20 price target for Premier (PINC) this month, down -1.43% from its last price of $20.29. Compared to the last 3 and 12 months, the average price target decreased by -1.43% and decreased by -1.43%, respectively.
What are Premier's analysts' financial forecasts?
Premier's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.01B (high $1.05B, low $963.22M), average EBITDA is $287.94M (high $300.5M, low $275.89M), average net income is $136.88M (high $144.65M, low $129.44M), average SG&A $406.42M (high $424.15M, low $389.42M), and average EPS is $1.3 (high $1.37, low $1.23). PINC's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.08B (high $1.12B, low $1.03B), average EBITDA is $308.74M (high $322.21M, low $295.83M), average net income is $141.04M (high $149.04M, low $133.37M), average SG&A $435.79M (high $454.8M, low $417.56M), and average EPS is $1.34 (high $1.41, low $1.26).
Did the PINC's actual financial results beat the analysts' financial forecasts?
Based on Premier's last annual report (Jun 2023), the company's revenue was $1.34B, which missed the average analysts forecast of $1.72B by -22.26%. Apple's EBITDA was $242.09M, missing the average prediction of $604.14M by -59.93%. The company's net income was $175.03M, missing the average estimation of $383.05M by -54.31%. Apple's SG&A was $601.55M, missing the average forecast of $712.67M by -15.59%. Lastly, the company's EPS was $1.47, missing the average prediction of $3.09 by -52.41%. In terms of the last quarterly report (Dec 2023), Premier's revenue was $334.74M, missing the average analysts' forecast of $341.57M by -2.00%. The company's EBITDA was $98.47M, beating the average prediction of $97.83M by 0.65%. Premier's net income was $54.3M, missing the average estimation of $60.71M by -10.56%. The company's SG&A was $142.15M, beating the average forecast of $138.09M by 2.94%. Lastly, the company's EPS was $0.45, missing the average prediction of $0.575 by -21.73%