Porch Group (PRCH) Stock Forecast, Price Target & Predictions


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PRCH Stock Forecast


Porch Group stock forecast is as follows: an average price target of $4.00 (represents a -13.04% downside from PRCH’s last price of $4.60) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

PRCH Price Target


The average price target for Porch Group (PRCH) is $4.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential -13.04% downside from PRCH's last price of $4.60.

PRCH Analyst Ratings


Buy

According to 5 Wall Street analysts, Porch Group's rating consensus is 'Buy'. The analyst rating breakdown for PRCH stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Porch Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Mark SchappelLoop Capital Markets$4.00$1.28212.50%-13.04%
Oct 29, 2024Jason KreyerCraig-Hallum$4.00$2.1883.49%-13.04%
Aug 08, 2024Mark SchappelLoop Capital Markets$2.00$1.1770.94%-56.52%

The latest Porch Group stock forecast, released on Nov 13, 2024 by Mark Schappel from Loop Capital Markets, set a price target of $4.00, which represents a 212.50% increase from the stock price at the time of the forecast ($1.28), and a -13.04% decrease from PRCH last price ($4.60).

Porch Group Price Target by Period


1M3M12M
# Anlaysts-23
Avg Price Target-$4.00$3.33
Last Closing Price$4.60$4.60$4.60
Upside/Downside-100.00%-13.04%-27.61%

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 $4.60. 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


DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024OppenheimerOutperformOutperformHold
Nov 13, 2024Loop Capital MarketsHoldHoldHold
Oct 29, 2024Craig-HallumBuyBuyHold
Aug 08, 2024Loop Capital MarketsHoldHoldHold
Aug 07, 2024BenchmarkBuyBuyHold
Mar 17, 2023Keefe, Bruyette & WoodsMarket PerformMarket PerformHold

Porch Group's last stock rating was published by Oppenheimer on Dec 09, 2024. The company gave PRCH a "Outperform" rating, the same as its previous rate.

Porch Group Financial Forecast


Porch Group Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue------------$114.61M$129.56M$98.77M$87.37M$64.11M$77.35M$70.77M$62.56M$51.58M$62.77M$51.34M$26.74M
Avg Forecast$131.18M$129.46M$125.51M$118.61M$106.81M$106.87M$101.21M$92.35M$110.31M$116.72M$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$148.54M$146.60M$142.13M$134.31M$120.95M$121.02M$114.61M$104.58M$124.91M$117.35M$116.30M$104.65M$100.05M$85.20M$97.23M$78.75M$75.06M$82.06M$78.46M$59.42M$54.67M$57.27M$47.05M$23.15M
Low Forecast$118.40M$116.85M$113.29M$107.06M$96.41M$96.46M$91.35M$83.36M$99.57M$116.08M$116.30M$104.65M$98.97M$85.20M$77.50M$62.77M$59.83M$82.06M$78.46M$59.42M$54.67M$57.27M$47.05M$23.15M
# Analysts111111133133633344443333
Surprise %------------1.15%1.52%1.15%1.26%0.97%0.94%0.90%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 $104.65M, and a high forecast of $104.65M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111133133633344443333
EBITDA------------$13.29M$199.00K$-96.88M$-29.25M$-28.86M$-25.79M$-24.52M$-18.18M$-14.02M$-647.00K$-18.92M$-61.77M
Avg Forecast$-66.30M$-65.43M$-63.44M$-59.95M$-53.99M$-54.02M$-51.15M$-46.68M$-55.76M$-58.99M$-58.78M$-52.90M$-50.22M$-43.06M$-43.40M$-35.15M$-33.50M$-37.15M$-35.52M$5.18M$-24.75M$-25.93M$-21.30M$-50.33M
High Forecast$-59.85M$-59.06M$-57.26M$-54.11M$-48.73M$-48.76M$-46.17M$-42.13M$-50.33M$-58.67M$-58.78M$-52.90M$-50.03M$-43.06M$-39.17M$-31.73M$-30.24M$-37.15M$-35.52M$6.21M$-24.75M$-25.93M$-21.30M$-40.26M
Low Forecast$-75.08M$-74.10M$-71.84M$-67.89M$-61.13M$-61.17M$-57.93M$-52.86M$-63.14M$-59.32M$-58.78M$-52.90M$-50.57M$-43.06M$-49.15M$-39.80M$-37.94M$-37.15M$-35.52M$4.14M$-24.75M$-25.93M$-21.30M$-60.39M
Surprise %-------------0.26%-0.00%2.23%0.83%0.86%0.69%0.69%-3.51%0.57%0.02%0.89%1.23%

3 analysts predict PRCH's average Quarter EBITDA for Mar 24 to be $-52.90M, with a high of $-52.90M and a low of $-52.90M. This is -497.90% lower than Porch Group's previous annual EBITDA (Dec 23) of $13.29M.

Porch Group Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111133133633344443333
Net Income------------$-2.49M$-5.74M$-86.96M$-38.74M$-35.47M$-84.48M$-26.38M$-5.80M$-22.58M$-5.10M$-16.30M$-65.10M
Avg Forecast$5.62M$2.98M$-13.56M$-15.87M$-5.46M$-8.27M$-23.48M$-23.31M$6.28M$-30.58M$-53.00M$-34.06M$-20.42M$-25.78M$-47.83M$-34.72M$-29.43M$-19.21M$-20.64M$-8.87M$-19.54M$-11.76M$-17.85M$-53.05M
High Forecast$6.59M$3.49M$-11.84M$-13.86M$-4.76M$-7.22M$-20.50M$-20.36M$7.36M$-26.71M$-46.29M$-29.75M$-17.19M$-22.52M$-41.77M$-30.32M$-25.70M$-19.21M$-20.64M$-7.09M$-19.54M$-11.76M$-17.85M$-42.44M
Low Forecast$4.91M$2.60M$-15.89M$-18.60M$-6.39M$-9.69M$-27.52M$-27.32M$5.49M$-35.85M$-62.12M$-39.92M$-23.64M$-30.22M$-56.06M$-40.69M$-34.49M$-19.21M$-20.64M$-10.64M$-19.54M$-11.76M$-17.85M$-63.65M
Surprise %------------0.12%0.22%1.82%1.12%1.21%4.40%1.28%0.65%1.16%0.43%0.91%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111133133633344443333
SG&A------------$57.94M$68.79M$57.42M$58.65M$58.29M$55.84M$57.23M$52.44M$61.73M$56.23M$54.78M$50.44M
Avg Forecast$122.15M$120.55M$116.88M$110.45M$99.46M$99.52M$94.25M$86.00M$102.72M$108.69M$108.30M$97.45M$92.53M$79.34M$79.96M$64.76M$61.72M$76.16M$72.81M$55.14M$50.73M$53.15M$43.66M$21.48M
High Forecast$138.33M$136.52M$132.36M$125.08M$112.63M$112.70M$106.72M$97.39M$116.32M$109.28M$108.30M$97.45M$93.17M$79.34M$90.55M$73.33M$69.89M$76.16M$72.81M$55.14M$50.73M$53.15M$43.66M$21.48M
Low Forecast$110.26M$108.81M$105.50M$99.70M$89.78M$89.83M$85.07M$77.63M$92.72M$108.09M$108.30M$97.45M$92.16M$79.34M$72.17M$58.45M$55.71M$76.16M$72.81M$55.14M$50.73M$53.15M$43.66M$21.48M
Surprise %------------0.63%0.87%0.72%0.91%0.94%0.73%0.79%0.95%1.22%1.06%1.25%2.35%

Porch Group's average Quarter SG&A projection for Mar 24 is $97.45M, based on 3 Wall Street analysts, with a range of $97.45M to $97.45M. The forecast indicates a 68.19% rise compared to PRCH last annual SG&A of $57.94M (Dec 23).

Porch Group EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111133133633344443333
EPS------------$-0.03$-0.06$-0.91$-0.41$-0.36$-0.86$-0.27$-0.06$-0.23$-0.05$-0.17$-0.76
Avg Forecast$0.06$0.03$-0.14$-0.16$-0.06$-0.08$-0.24$-0.23$0.06$-0.31$-0.53$-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$0.07$0.04$-0.12$-0.14$-0.05$-0.07$-0.21$-0.21$0.07$-0.27$-0.47$-0.30$-0.17$-0.23$-0.42$-0.31$-0.26$-0.19$-0.21$-0.20$-0.20$-0.12$-0.18$-0.17
Low Forecast$0.05$0.03$-0.16$-0.19$-0.06$-0.10$-0.28$-0.28$0.06$-0.36$-0.63$-0.40$-0.24$-0.30$-0.57$-0.41$-0.35$-0.19$-0.21$-0.20$-0.20$-0.12$-0.18$-0.17
Surprise %------------0.12%0.23%1.89%1.17%1.21%4.44%1.30%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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ONTFON24$6.68$18.00169.46%
PETWag! Group$0.20$0.50150.00%Buy
VTEXVTEX$6.20$10.1363.39%Buy
NRDYNerdy$1.85$2.5035.14%Hold
ALKTAlkami$39.10$45.6716.80%Buy
SMRTSmartRent$1.76$2.0013.64%Hold
CWANClearwater Analytics$29.55$31.336.02%Buy
LAWCS Disco$5.90$6.001.69%Hold
GRNDGrindr$16.80$16.00-4.76%Buy
PCORProcore$79.43$75.00-5.58%Buy
BLNDBlend Labs$5.04$4.75-5.75%Buy
PYCRPaycor HCM$20.16$18.25-9.47%Hold
MLMoneyLion$86.25$74.00-14.20%Hold
PRCHPorch Group$5.34$4.00-25.09%Buy
EXFYExpensify$3.86$2.50-35.23%Buy

PRCH Forecast FAQ


Is Porch Group a good buy?

Yes, according to 5 Wall Street analysts, Porch Group (PRCH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of PRCH's total ratings.

What is PRCH's price target?

Porch Group (PRCH) average price target is $4 with a range of $4 to $4, implying a -13.04% from its last price of $4.6. The data is based on 5 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 down by -13.04% (from the last price of $4.6 to the average price target of $4), down by -13.04% based on the highest stock price target, and down by -13.04% based on the lowest stock price target.

Can Porch Group stock reach $7?

PRCH's average twelve months analyst stock price target of $4 does not support the claim that Porch Group can reach $7 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 $407.23M (high $461.15M, low $367.57M), average EBITDA is $-206M (high $-186M, low $-233M), average net income is $-60.508M (high $-52.848M, low $-70.923M), average SG&A $379.22M (high $429.44M, low $342.29M), and average EPS is $-0.61 (high $-0.533, low $-0.715). PRCH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $504.75M (high $571.59M, low $455.6M), average EBITDA is $-255M (high $-230M, low $-289M), average net income is $-20.831M (high $-15.625M, low $-26.985M), average SG&A $470.04M (high $532.28M, low $424.27M), and average EPS is $-0.21 (high $-0.158, low $-0.272).

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 $-172M by -36.74%. 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 $316.58M by -10.08%. 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 $-50.222M by -126.47%. 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 $92.53M by -37.38%. Lastly, the company's EPS was $-0.0257, missing the average prediction of $-0.206 by -87.51%