Porch Group (PRCH) Stock Forecast, Price Target & Predictions
PRCH Stock Forecast
Porch Group stock forecast is as follows: an average price target of $2.00 (represents a 33.33% upside from PRCH’s last price of $1.50) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
PRCH Price Target
The average price target for Porch Group (PRCH) is $2.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $2.00 to $2.00. This represents a potential 33.33% upside from PRCH's last price of $1.50.
PRCH Analyst Ratings
According to 3 Wall Street analysts, Porch Group's rating consensus is 'Hold'. The analyst rating breakdown for PRCH 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%).
Porch Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Mark Schappel | Loop Capital Markets | $2.00 | $1.17 | 70.94% | 33.33% |
The latest Porch Group stock forecast, released on Aug 08, 2024 by Mark Schappel from Loop Capital Markets, set a price target of $2.00, which represents a 70.94% increase from the stock price at the time of the forecast ($1.17), and a 33.33% increase from PRCH last price ($1.50).
Porch Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $2.00 | $2.00 |
| Last Closing Price | $1.50 | $1.50 | $1.50 |
| Upside/Downside | -100.00% | 33.33% | 33.33% |
In the current month, the average price target of Porch Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Porch Group's last price of $1.50. 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 |
|---|---|---|---|---|
| Aug 08, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Aug 07, 2024 | Benchmark | Buy | Buy | Hold |
| Mar 17, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Porch Group's last stock rating was published by Loop Capital Markets on Aug 08, 2024. The company gave PRCH a "Hold" rating, the same as its previous rate.
Porch Group Financial Forecast
Porch Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $114.61M | $129.56M | $98.77M | $87.37M | $64.11M | $77.35M | - | $62.56M | $51.58M | $62.77M | $51.34M | $26.74M |
| Avg Forecast | $137.30M | $146.10M | $139.90M | $140.50M | $115.76M | $123.08M | $114.87M | $108.34M | $109.06M | $116.22M | $116.30M | $104.65M | $99.36M | $85.20M | $85.86M | $69.54M | $66.28M | $82.06M | $78.46M | $59.42M | $54.67M | $57.27M | $47.05M | $23.15M |
| High Forecast | $141.77M | $150.85M | $144.45M | $145.07M | $119.53M | $127.09M | $118.60M | $111.87M | $112.61M | $120.00M | $120.08M | $108.06M | $100.05M | $87.97M | $88.66M | $71.80M | $68.44M | $84.73M | $78.46M | $60.88M | $56.01M | $58.68M | $48.21M | $23.72M |
| Low Forecast | $131.52M | $139.95M | $134.01M | $134.59M | $110.89M | $117.91M | $110.03M | $103.78M | $104.47M | $111.33M | $111.40M | $100.25M | $98.97M | $81.61M | $82.25M | $66.61M | $63.49M | $78.61M | $78.46M | $56.97M | $52.41M | $54.91M | $45.11M | $22.20M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.52% | 1.15% | 1.26% | 0.97% | 0.94% | - | 1.05% | 0.94% | 1.10% | 1.09% | 1.16% |
Porch Group's average Quarter revenue forecast for Mar 24 based on 3 analysts is $104.65M, with a low forecast of $100.25M, and a high forecast of $108.06M. PRCH's average Quarter revenue forecast represents a -8.69% decrease compared to the company's last Quarter revenue of $114.61M (Dec 23).
Porch Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $13.29M | $199.00K | $-96.88M | $-29.25M | $-28.86M | $-25.79M | - | $-18.18M | $-14.02M | $-647.00K | $-18.92M | $-61.77M |
| Avg Forecast | $-62.16M | $-66.14M | $-63.33M | $-63.61M | $-52.41M | $-55.72M | $-52.00M | $-49.05M | $-49.37M | $-52.61M | $-52.65M | $-47.38M | $-44.98M | $-38.57M | $-38.87M | $-31.48M | $-30.01M | $-37.15M | $-35.52M | $5.18M | $-24.75M | $-25.93M | $-23.85M | $-50.33M |
| High Forecast | $-59.54M | $-63.36M | $-60.67M | $-60.93M | $-50.20M | $-53.38M | $-49.81M | $-46.98M | $-47.30M | $-50.40M | $-50.43M | $-45.38M | $-44.80M | $-36.95M | $-37.24M | $-30.16M | $-28.74M | $-35.59M | $-35.52M | $6.21M | $-23.73M | $-24.86M | $-19.08M | $-40.26M |
| Low Forecast | $-64.18M | $-68.29M | $-65.39M | $-65.67M | $-54.11M | $-57.53M | $-53.69M | $-50.64M | $-50.98M | $-54.32M | $-54.36M | $-48.92M | $-45.29M | $-39.82M | $-40.14M | $-32.50M | $-30.98M | $-38.36M | $-35.52M | $4.14M | $-25.36M | $-26.57M | $-28.62M | $-60.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.30% | -0.01% | 2.49% | 0.93% | 0.96% | 0.69% | - | -3.51% | 0.57% | 0.02% | 0.79% | 1.23% |
3 analysts predict PRCH's average Quarter EBITDA for Mar 24 to be $-47.38M, with a high of $-45.38M and a low of $-48.92M. This is -456.37% lower than Porch Group's previous annual EBITDA (Dec 23) of $13.29M.
Porch Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-2.49M | $-5.74M | $-86.96M | $-38.74M | $-35.47M | $-84.48M | - | $-5.80M | $-22.58M | $-5.10M | $-16.30M | $-65.10M |
| Avg Forecast | $991.93K | $-2.98M | $-42.65M | $-31.74M | $1.98M | $-5.21M | $-38.69M | $-33.97M | $7.94M | $-29.36M | $-53.00M | $-34.06M | $-20.42M | $-25.78M | $-47.83M | $-34.72M | $-29.43M | $-19.21M | $-20.29M | $-8.87M | $-19.09M | $-11.49M | $-20.55M | $-53.05M |
| High Forecast | $1.03M | $-2.81M | $-40.32M | $-30.01M | $2.07M | $-4.92M | $-36.57M | $-32.12M | $8.27M | $-27.76M | $-50.10M | $-32.20M | $-17.19M | $-24.37M | $-45.21M | $-32.82M | $-27.82M | $-18.16M | $-20.29M | $-7.09M | $-18.07M | $-10.87M | $-16.44M | $-42.44M |
| Low Forecast | $937.67K | $-3.10M | $-44.46M | $-33.08M | $1.88M | $-5.43M | $-40.32M | $-35.41M | $7.50M | $-30.60M | $-55.24M | $-35.50M | $-23.64M | $-26.87M | $-49.85M | $-36.19M | $-30.67M | $-20.02M | $-20.29M | $-10.64M | $-19.70M | $-11.86M | $-24.66M | $-63.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 0.22% | 1.82% | 1.12% | 1.21% | 4.40% | - | 0.65% | 1.18% | 0.44% | 0.79% | 1.23% |
Porch Group's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. PRCH's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Porch Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $57.94M | $68.79M | $57.42M | $58.65M | $58.29M | $55.84M | - | $52.44M | $61.73M | $56.23M | $54.78M | $50.44M |
| Avg Forecast | $127.42M | $135.58M | $129.83M | $130.39M | $107.43M | $114.22M | $106.60M | $100.54M | $101.21M | $107.85M | $107.93M | $97.12M | $92.21M | $79.06M | $79.68M | $64.53M | $61.51M | $76.16M | $72.81M | $55.14M | $50.73M | $53.15M | $43.66M | $21.48M |
| High Forecast | $131.56M | $139.99M | $134.05M | $134.63M | $110.92M | $117.94M | $110.06M | $103.81M | $104.50M | $111.36M | $111.44M | $100.28M | $92.85M | $81.63M | $82.27M | $66.63M | $63.51M | $78.63M | $72.81M | $56.50M | $51.98M | $54.46M | $44.74M | $22.01M |
| Low Forecast | $122.06M | $129.88M | $124.37M | $124.90M | $102.91M | $109.42M | $102.11M | $96.31M | $96.95M | $103.31M | $103.38M | $93.03M | $91.85M | $75.74M | $76.33M | $61.82M | $58.92M | $72.95M | $72.81M | $52.87M | $48.64M | $50.96M | $41.86M | $20.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | 0.87% | 0.72% | 0.91% | 0.95% | 0.73% | - | 0.95% | 1.22% | 1.06% | 1.25% | 2.35% |
Porch Group's average Quarter SG&A projection for Mar 24 is $97.12M, based on 3 Wall Street analysts, with a range of $93.03M to $100.28M. The forecast indicates a 67.61% rise compared to PRCH last annual SG&A of $57.94M (Dec 23).
Porch Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.03 | $-0.06 | $-0.91 | $-0.41 | $-0.36 | $-0.86 | - | $-0.06 | $-0.23 | $-0.05 | $-0.17 | $-0.76 |
| Avg Forecast | $0.01 | $-0.03 | $-0.43 | $-0.32 | $0.02 | $-0.05 | $-0.39 | $-0.34 | $0.08 | $-0.30 | $-0.53 | $-0.34 | $-0.21 | $-0.26 | $-0.48 | $-0.35 | $-0.30 | $-0.19 | $-0.21 | $-0.20 | $-0.20 | $-0.12 | $-0.18 | $-0.17 |
| High Forecast | $0.01 | $-0.03 | $-0.41 | $-0.30 | $0.02 | $-0.05 | $-0.37 | $-0.32 | $0.08 | $-0.28 | $-0.51 | $-0.32 | $-0.17 | $-0.25 | $-0.46 | $-0.33 | $-0.28 | $-0.18 | $-0.21 | $-0.19 | $-0.19 | $-0.11 | $-0.17 | $-0.16 |
| Low Forecast | $0.01 | $-0.03 | $-0.45 | $-0.33 | $0.02 | $-0.05 | $-0.41 | $-0.36 | $0.08 | $-0.31 | $-0.56 | $-0.36 | $-0.24 | $-0.27 | $-0.50 | $-0.36 | $-0.31 | $-0.20 | $-0.21 | $-0.21 | $-0.20 | $-0.12 | $-0.19 | $-0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 0.23% | 1.89% | 1.17% | 1.21% | 4.44% | - | 0.30% | 1.17% | 0.42% | 0.94% | 4.41% |
According to undefined Wall Street analysts, Porch Group's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to PRCH previous annual EPS of $NaN (undefined).
Porch Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.28 | $13.75 | 503.07% | Buy |
| PET | Wag! Group | $0.72 | $3.50 | 386.11% | Buy |
| LAW | CS Disco | $5.74 | $26.86 | 367.94% | Hold |
| ONTF | ON24 | $6.18 | $18.00 | 191.26% | - |
| NRDY | Nerdy | $1.05 | $3.00 | 185.71% | Hold |
| ML | MoneyLion | $42.52 | $102.67 | 141.46% | Buy |
| SMRT | SmartRent | $1.76 | $4.00 | 127.27% | Hold |
| BLND | Blend Labs | $3.98 | $7.25 | 82.16% | Buy |
| PYCR | Paycor HCM | $13.73 | $23.11 | 68.32% | Hold |
| VTEX | VTEX | $6.77 | $10.13 | 49.63% | Buy |
| PRCH | Porch Group | $1.50 | $2.00 | 33.33% | Hold |
| GRND | Grindr | $12.26 | $16.00 | 30.51% | Buy |
| PCOR | Procore | $57.48 | $73.56 | 27.97% | Buy |
| ALKT | Alkami | $30.62 | $34.50 | 12.67% | Buy |
| PWSC | PowerSchool | $22.77 | $24.08 | 5.75% | Hold |
| CWAN | Clearwater Analytics | $24.72 | $22.50 | -8.98% | Buy |
PRCH Forecast FAQ
Is Porch Group a good buy?
No, according to 3 Wall Street analysts, Porch Group (PRCH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of PRCH's total ratings.
What is PRCH's price target?
Porch Group (PRCH) average price target is $2 with a range of $2 to $2, implying a 33.33% from its last price of $1.5. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Porch Group stock go up soon?
According to Wall Street analysts' prediction for PRCH stock, the company can go up by 33.33% (from the last price of $1.5 to the average price target of $2), up by 33.33% based on the highest stock price target, and up by 33.33% based on the lowest stock price target.
Can Porch Group stock reach $2?
PRCH's average twelve months analyst stock price target of $2 does not support the claim that Porch Group can reach $2 in the near future.
What are Porch Group's analysts' financial forecasts?
Porch Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $462.06M (high $477.09M, low $442.62M), average EBITDA is $-209M (high $-200M, low $-216M), average net income is $-75.883M (high $-71.54M, low $-79.283M), average SG&A $428.8M (high $442.74M, low $410.76M), and average EPS is $-0.765 (high $-0.721, low $-0.799). PRCH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $563.8M (high $582.14M, low $540.08M), average EBITDA is $-255M (high $-244M, low $-264M), average net income is $-76.379M (high $-72.105M, low $-79.704M), average SG&A $523.22M (high $540.23M, low $501.2M), and average EPS is $-0.77 (high $-0.727, low $-0.804).
Did the PRCH's actual financial results beat the analysts' financial forecasts?
Based on Porch Group's last annual report (Dec 2023), the company's revenue was $430.3M, beating the average analysts forecast of $339.96M by 26.57%. Apple's EBITDA was $-109M, missing the average prediction of $-154M by -29.37%. The company's net income was $-134M, beating the average estimation of $-129M by 4.03%. Apple's SG&A was $284.68M, missing the average forecast of $315.49M by -9.77%. Lastly, the company's EPS was $-1.39, beating the average prediction of $-1.298 by 7.09%. In terms of the last quarterly report (Dec 2023), Porch Group's revenue was $114.61M, beating the average analysts' forecast of $99.36M by 15.35%. The company's EBITDA was $13.29M, missing the average prediction of $-44.981M by -129.55%. Porch Group's net income was $-2.486M, missing the average estimation of $-20.418M by -87.82%. The company's SG&A was $57.94M, missing the average forecast of $92.21M by -37.16%. Lastly, the company's EPS was $-0.0257, missing the average prediction of $-0.206 by -87.51%