PennantPark Investment (PNNT) Stock Forecast, Price Target & Predictions
PNNT Stock Forecast
PennantPark Investment stock forecast is as follows: an average price target of $6.00 (represents a -13.67% downside from PNNT’s last price of $6.95) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
PNNT Price Target
The average price target for PennantPark Investment (PNNT) is $6.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $6.00. This represents a potential -13.67% downside from PNNT's last price of $6.95.
PNNT Analyst Ratings
According to 3 Wall Street analysts, PennantPark Investment's rating consensus is 'Hold'. The analyst rating breakdown for PNNT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PennantPark Investment Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 20, 2024 | Casey Alexander | Compass Point | $6.00 | $7.02 | -14.53% | -13.67% |
The latest PennantPark Investment stock forecast, released on Aug 20, 2024 by Casey Alexander from Compass Point, set a price target of $6.00, which represents a -14.53% decrease from the stock price at the time of the forecast ($7.02), and a -13.67% decrease from PNNT last price ($6.95).
PennantPark Investment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $6.00 |
| Last Closing Price | $6.95 | $6.95 | $6.95 |
| Upside/Downside | -100.00% | -100.00% | -13.67% |
In the current month, the average price target of PennantPark Investment stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PennantPark Investment's last price of $6.95. This month's average price target is down NaN% 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 09, 2024 | Compass Point | Sell | Neutral | Upgrade |
| Aug 20, 2024 | Compass Point | Sell | Sell | Hold |
| Jul 15, 2024 | Compass Point | Sell | Downgrade | |
| May 10, 2024 | Raymond James | Market Perform | Downgrade | |
| Feb 13, 2023 | Citigroup | Buy | Buy | Hold |
PennantPark Investment's last stock rating was published by Compass Point on Sep 09, 2024. The company Upgrade its PNNT rating from "Sell" to "Neutral".
PennantPark Investment Financial Forecast
PennantPark Investment Revenue Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $16.38M | - | $7.43M | $-69.68M | $-35.78M | $8.51M | $5.48M | $33.40M | $26.16M | $32.93M | $39.79M | $72.43M | $13.14M | $15.16M | $56.65M | $20.67M | $14.10M | $7.16M |
| Avg Forecast | $34.75M | $34.71M | $34.70M | $34.86M | $34.93M | $35.14M | $35.40M | $35.59M | $36.14M | $36.66M | $36.71M | $32.70M | $33.23M | $32.47M | $31.91M | $29.99M | $27.15M | $23.44M | $26.05M | $22.51M | $20.61M | $20.17M | $19.16M | $19.74M | $23.46M | $25.73M | $28.01M | $27.38M | $28.49M | $29.42M |
| High Forecast | $35.65M | $35.60M | $35.59M | $35.76M | $35.83M | $36.05M | $36.26M | $36.68M | $36.44M | $36.66M | $36.71M | $33.45M | $42.95M | $33.31M | $32.73M | $30.76M | $27.15M | $23.44M | $26.05M | $22.51M | $20.61M | $20.17M | $19.16M | $19.74M | $23.46M | $25.73M | $28.01M | $27.38M | $28.49M | $29.42M |
| Low Forecast | $33.60M | $33.55M | $33.55M | $33.71M | $33.77M | $33.98M | $34.17M | $34.36M | $35.85M | $36.66M | $36.71M | $31.56M | $30.70M | $31.40M | $30.85M | $28.99M | $27.15M | $23.44M | $26.05M | $22.51M | $20.61M | $20.17M | $19.16M | $19.74M | $23.46M | $25.73M | $28.01M | $27.38M | $28.49M | $29.42M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 7 | 6 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | - | 0.23% | -2.32% | -1.32% | 0.36% | 0.21% | 1.48% | 1.27% | 1.63% | 2.08% | 3.67% | 0.56% | 0.59% | 2.02% | 0.75% | 0.50% | 0.24% |
PennantPark Investment's average Quarter revenue forecast for Dec 23 based on 5 analysts is $32.70M, with a low forecast of $31.56M, and a high forecast of $33.45M. PNNT's average Quarter revenue forecast represents a 99.61% increase compared to the company's last Quarter revenue of $16.38M (Sep 23).
PennantPark Investment EBITDA Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 7 | 6 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $14.79M | - | $16.63M | $104.12M | $-33.32M | $-2.29M | $9.87M | $37.64M | $30.93M | $38.97M | $43.53M | $76.29M | $15.83M | $24.23M | $-51.03M | $28.37M | $16.39M | $13.74M |
| Avg Forecast | $6.20M | $6.19M | $6.19M | $6.22M | $6.23M | $6.27M | $6.31M | $6.35M | $6.45M | $6.54M | $11.24M | $5.83M | $5.93M | $5.79M | $10.22M | $-5.95M | $7.35M | $6.35M | $9.29M | $6.10M | $5.58M | $5.46M | $5.19M | $5.34M | $6.35M | $6.97M | $-54.22M | $7.41M | $7.71M | $7.97M |
| High Forecast | $6.36M | $6.35M | $6.35M | $6.38M | $6.39M | $6.43M | $6.47M | $6.54M | $6.50M | $6.54M | $13.49M | $5.97M | $7.66M | $5.94M | $12.27M | $-4.76M | $7.35M | $6.35M | $11.15M | $6.10M | $5.58M | $5.46M | $5.19M | $5.34M | $6.35M | $6.97M | $-43.38M | $7.41M | $7.71M | $7.97M |
| Low Forecast | $5.99M | $5.98M | $5.98M | $6.01M | $6.02M | $6.06M | $6.10M | $6.13M | $6.39M | $6.54M | $8.99M | $5.63M | $5.48M | $5.60M | $8.18M | $-7.14M | $7.35M | $6.35M | $7.43M | $6.10M | $5.58M | $5.46M | $5.19M | $5.34M | $6.35M | $6.97M | $-65.06M | $7.41M | $7.71M | $7.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.49% | - | 1.63% | -17.51% | -4.53% | -0.36% | 1.06% | 6.18% | 5.54% | 7.14% | 8.39% | 14.27% | 2.49% | 3.48% | 0.94% | 3.83% | 2.12% | 1.72% |
5 analysts predict PNNT's average Quarter EBITDA for Dec 23 to be $5.83M, with a high of $5.97M and a low of $5.63M. This is -60.55% lower than PennantPark Investment's previous annual EBITDA (Sep 23) of $14.79M.
PennantPark Investment Net Income Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 7 | 6 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $12.27M | - | $4.87M | $-71.89M | $-34.93M | $-18.48M | $3.16M | $25.51M | $25.11M | $31.88M | $38.50M | $71.13M | $9.51M | $15.61M | $-60.29M | $19.20M | $8.26M | $5.63M |
| Avg Forecast | $14.07M | $14.07M | $14.07M | $14.18M | $13.99M | $14.10M | $13.99M | $13.86M | $14.51M | $14.94M | $3.60M | $14.94M | $14.38M | $19.17M | $3.27M | $16.62M | $11.09M | $10.85M | $2.97M | $9.06M | $8.99M | $8.63M | $38.50M | $8.89M | $10.28M | $10.60M | $-64.06M | $11.07M | $11.74M | $11.91M |
| High Forecast | $14.54M | $14.54M | $14.54M | $14.65M | $14.45M | $14.57M | $14.66M | $14.52M | $14.75M | $14.94M | $4.32M | $15.59M | $15.68M | $19.81M | $3.93M | $19.95M | $11.09M | $10.85M | $3.57M | $9.06M | $8.99M | $8.63M | $46.19M | $8.89M | $10.28M | $10.60M | $-51.25M | $11.07M | $11.74M | $11.91M |
| Low Forecast | $13.46M | $13.46M | $13.46M | $13.57M | $13.38M | $13.49M | $13.39M | $12.54M | $14.27M | $14.93M | $2.88M | $14.29M | $13.72M | $18.34M | $2.62M | $13.30M | $11.09M | $10.85M | $2.38M | $9.06M | $8.99M | $8.63M | $30.80M | $8.89M | $10.28M | $10.60M | $-76.87M | $11.07M | $11.74M | $11.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | - | 1.49% | -4.33% | -3.15% | -1.70% | 1.06% | 2.82% | 2.79% | 3.70% | 1.00% | 8.00% | 0.93% | 1.47% | 0.94% | 1.73% | 0.70% | 0.47% |
PennantPark Investment's average Quarter net income forecast for Dec 23 is $14.94M, with a range of $14.29M to $15.59M. PNNT's average Quarter net income forecast represents a 21.83% increase compared to the company's last Quarter net income of $12.27M (Sep 23).
PennantPark Investment SG&A Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 7 | 6 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.60M | - | $1.10M | $1.11M | $973.00K | $973.00K | $973.00K | $973.10K | $898.50K | $898.50K | $1.15M | $1.15M | $3.33M | $1.17M | $1.17M | $1.17M | $1.16M | $1.23M |
| Avg Forecast | $1.40M | $1.40M | $1.40M | $1.40M | $1.40M | $1.41M | $1.42M | $1.43M | $1.45M | $1.47M | $1.11M | $1.31M | $1.34M | $1.31M | $1.01M | $634.01K | $1.80M | $1.56M | $915.76K | $1.50M | $1.37M | $1.34M | $1.15M | $1.31M | $1.56M | $1.71M | $1.24M | $1.82M | $1.89M | $1.96M |
| High Forecast | $1.43M | $1.43M | $1.43M | $1.44M | $1.44M | $1.45M | $1.46M | $1.47M | $1.47M | $1.47M | $1.33M | $1.34M | $1.73M | $1.34M | $1.21M | $760.81K | $1.80M | $1.56M | $1.10M | $1.50M | $1.37M | $1.34M | $1.38M | $1.31M | $1.56M | $1.71M | $1.49M | $1.82M | $1.89M | $1.96M |
| Low Forecast | $1.35M | $1.35M | $1.35M | $1.36M | $1.36M | $1.37M | $1.37M | $1.38M | $1.44M | $1.47M | $886.46K | $1.27M | $1.23M | $1.26M | $805.87K | $507.21K | $1.80M | $1.56M | $732.61K | $1.50M | $1.37M | $1.34M | $918.80K | $1.31M | $1.56M | $1.71M | $994.84K | $1.82M | $1.89M | $1.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | - | 1.09% | 1.75% | 0.54% | 0.62% | 1.06% | 0.65% | 0.66% | 0.67% | 1.00% | 0.88% | 2.14% | 0.68% | 0.94% | 0.64% | 0.61% | 0.63% |
PennantPark Investment's average Quarter SG&A projection for Dec 23 is $1.31M, based on 5 Wall Street analysts, with a range of $1.27M to $1.34M. The forecast indicates a -17.71% fall compared to PNNT last annual SG&A of $1.60M (Sep 23).
PennantPark Investment EPS Forecast
| 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 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 8 | 7 | 6 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.19 | - | $0.07 | $-1.10 | $-0.52 | $-0.28 | $0.05 | $0.38 | $0.37 | $0.48 | $0.57 | $1.06 | $0.14 | $0.23 | $-0.90 | $0.29 | $0.12 | $0.08 |
| Avg Forecast | $0.21 | $0.21 | $0.21 | $0.22 | $0.21 | $0.22 | $0.21 | $0.21 | $0.22 | $0.23 | $0.24 | $0.23 | $0.22 | $0.29 | $0.20 | $0.19 | $0.17 | $0.17 | $0.17 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.16 | $0.16 | $0.16 | $0.17 | $0.18 | $0.18 |
| High Forecast | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.23 | $0.23 | $0.24 | $0.24 | $0.24 | $0.30 | $0.21 | $0.20 | $0.17 | $0.17 | $0.17 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.16 | $0.16 | $0.16 | $0.17 | $0.18 | $0.18 |
| Low Forecast | $0.21 | $0.21 | $0.21 | $0.21 | $0.20 | $0.21 | $0.20 | $0.19 | $0.22 | $0.23 | $0.24 | $0.22 | $0.21 | $0.28 | $0.19 | $0.18 | $0.17 | $0.17 | $0.17 | $0.14 | $0.14 | $0.13 | $0.13 | $0.14 | $0.16 | $0.16 | $0.16 | $0.17 | $0.18 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | - | 0.35% | -5.79% | -3.06% | -1.68% | 0.29% | 2.74% | 2.72% | 3.63% | 4.51% | 7.78% | 0.90% | 1.42% | -5.58% | 1.71% | 0.68% | 0.44% |
According to 5 Wall Street analysts, PennantPark Investment's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.22 and a high estimate of $0.24. This represents a 20.19% increase compared to PNNT previous annual EPS of $0.19 (Sep 23).
PennantPark Investment Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GBDC | Golub Capital BDC | $14.95 | $17.50 | 17.06% | Buy |
| SCM | Stellus Capital Investment | $13.25 | $13.25 | - | Hold |
| GLAD | Gladstone Capital | $23.74 | $23.00 | -3.12% | Hold |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| TPVG | TriplePoint Venture Growth BDC | $8.53 | $7.75 | -9.14% | Hold |
| PNNT | PennantPark Investment | $6.84 | $6.00 | -12.28% | Hold |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
| TCPC | BlackRock TCP Capital | $10.58 | $8.00 | -24.39% | Hold |