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


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PRCH Stock Forecast


Porch Group (PRCH) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $4.00, with a high of $4.00 and a low of $4.00. This represents a -3.61% decline from the last price of $4.15.

High: $4 Avg: $4 Low: $4 Last Closed Price: $4.15

PRCH Stock Rating


Porch Group stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 2 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 2 3 Strong Sell Sell Hold Buy Strong Buy

PRCH Forecast vs Benchmarks


TypeNameUpside
StockPorch Group-3.61%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts-13
Avg Price Target-$4.00$3.33
Last Closing Price$4.15$4.15$4.15
Upside/Downside--3.61%-19.76%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-42--6
Dec, 24-42--6
Nov, 24242--8
Oct, 24242--8
Sep, 24253--10
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Mark SchappelLoop Capital Markets$4.00$1.28212.50%-3.61%
Oct 29, 2024Jason KreyerCraig-Hallum$4.00$2.1883.49%-3.61%
Aug 08, 2024Mark SchappelLoop Capital Markets$2.00$1.1770.94%-51.81%
Latest Upgrade/Downgrade by Analysts

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

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-1.42$-1.16$-1.61$-1.39---
Avg Forecast$-1.21$-1.00$-1.51$-1.58$-0.56$-0.61$-0.26
High Forecast$-1.27$-1.05$-1.63$-1.61$-0.72$-0.99$-0.40
Low Forecast$-1.12$-0.93$-1.42$-1.55$-0.45$-0.22$-0.17
Surprise %17.36%16.00%6.62%-12.03%---

Revenue Forecast

$50M $150M $250M $350M $450M $550M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$73.22M$192.43M$275.95M$430.30M---
Avg Forecast$72.52M$195.54M$274.91M$415.09M$447.79M$407.25M$498.40M
High Forecast$68.32M$184.22M$263.02M$414.70M$419.52M$381.54M$466.94M
Low Forecast$75.28M$202.99M$291.75M$415.78M$488.46M$444.23M$543.67M
Surprise %0.96%-1.59%0.38%3.67%---

Net Income Forecast

$-200M $-160M $-120M $-80M $-40M $0 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-51.61M$-109.08M$-156.56M$-133.93M---
Avg Forecast$-116.23M$-96.14M$-144.95M$-151.47M$-65.79M$-66.00M$-27.40M
High Forecast$-121.98M$-100.90M$-156.49M$-154.38M$-68.75M$-95.34M$-38.30M
Low Forecast$-107.48M$-88.91M$-136.80M$-148.55M$-43.29M$-21.53M$-16.49M
Surprise %-55.60%13.45%8.01%-11.58%---

PRCH Forecast FAQ


Is Porch Group stock a buy?

Porch Group stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Porch Group is a favorable investment for most analysts.

What is Porch Group's price target?

Porch Group's price target, set by 5 Wall Street analysts, averages $4 over the next 12 months. The price target range spans from $4 at the low end to $4 at the high end, suggesting a potential -3.61% change from the previous close price of $4.15.

How does Porch Group stock forecast compare to the average forecast of its sector, industry, and investment themes?

Porch Group stock forecast shows a -3.61% downside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Porch Group over the past three months?

  • January 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Porch Group’s EPS forecast?

Porch Group's average annual EPS forecast for its fiscal year ending in December is -0.56 for 2024, a -59.71% decrease from the reported $-1.39 in 2023. The prediction for 2025 is $-0.61, and $-0.26 for 2026.

What is Porch Group’s revenue forecast?

Porch Group's average annual revenue forecast for its fiscal year ending in December is $447.79M for 2024, a 4.06% increase from the reported $430.3M in 2023. The forecast for 2025 is $407.25M, and $498.4M for 2026.

What is Porch Group’s net income forecast?

For its fiscal year ending in December, Porch Group's average annual net income forecast is $-65.789M for 2024, reflecting a -50.88% decrease from the reported $-134M in 2023. The projection for 2025 is $-66.001M, and $-27.398M for 2026.