SMART Global (SGH) Stock Forecast, Price Target & Predictions
SGH Stock Forecast
SMART Global stock forecast is as follows: an average price target of $29.38 (represents a 51.29% upside from SGH’s last price of $19.42) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
SGH Price Target
The average price target for SMART Global (SGH) is $29.38 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $27.00. This represents a potential 51.29% upside from SGH's last price of $19.42.
SGH Analyst Ratings
According to 4 Wall Street analysts, SMART Global's rating consensus is 'Buy'. The analyst rating breakdown for SGH stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SMART Global Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 10, 2024 | Quinn Bolton | Needham | $27.00 | $25.92 | 4.17% | 39.03% |
| Apr 10, 2024 | Brian Chin | Stifel Nicolaus | $27.50 | $25.92 | 6.10% | 41.61% |
| Apr 05, 2024 | Quinn Bolton | Needham | $24.00 | $25.66 | -6.47% | 23.58% |
| Oct 16, 2023 | Needham Ratings Accuracy | Needham | $22.00 | $13.86 | 58.70% | 13.29% |
| Oct 13, 2023 | Brian Chin | Stifel Nicolaus | $26.00 | $13.10 | 98.47% | 33.88% |
| Oct 12, 2023 | Ravindra Gill | Needham | $37.00 | $24.15 | 53.21% | 90.53% |
| Apr 04, 2023 | Kevin Cassidy | Rosenblatt Securities | $35.00 | $16.79 | 108.46% | 80.23% |
| Oct 05, 2022 | Kevin Cassidy | Rosenblatt Securities | $38.00 | $15.80 | 140.51% | 95.67% |
| Sep 26, 2022 | Sidney Ho Ho | Deutsche Bank | $28.00 | $16.27 | 72.10% | 44.18% |
| Jun 22, 2022 | Kevin Cassidy | Rosenblatt Securities | $60.00 | $20.11 | 198.36% | 208.96% |
The latest SMART Global stock forecast, released on Apr 10, 2024 by Quinn Bolton from Needham, set a price target of $27.00, which represents a 4.17% increase from the stock price at the time of the forecast ($25.92), and a 39.03% increase from SGH last price ($19.42).
SMART Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $27.25 |
| Last Closing Price | $19.42 | $19.42 | $19.42 |
| Upside/Downside | -100.00% | -100.00% | 40.32% |
In the current month, the average price target of SMART Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SMART Global's last price of $19.42. 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 |
|---|---|---|---|---|
| Jul 17, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Jul 05, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 27, 2024 | Needham | Buy | Buy | Hold |
| May 07, 2024 | Needham | Buy | Buy | Hold |
| Apr 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 05, 2024 | Needham | Buy | Buy | Hold |
| Apr 05, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jan 09, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jan 09, 2024 | Needham | Buy | Buy | Hold |
| Oct 16, 2023 | Barclays | Overweight | Overweight | Hold |
SMART Global's last stock rating was published by Stifel Nicolaus on Jul 17, 2024. The company gave SGH a "Buy" rating, the same as its previous rate.
SMART Global Financial Forecast
SMART Global Revenue Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $316.66M | $383.33M | - | - | $437.70M | $462.54M | - | - | $467.71M | $437.73M | - | - | $297.03M | $281.29M | - | - | $278.40M |
| Avg Forecast | $564.00M | $410.00M | $392.50M | $375.00M | $387.50M | $376.67M | $358.33M | $330.67M | $335.00M | $325.00M | $300.00M | $285.09M | $275.00M | $375.03M | $375.08M | $435.00M | $447.18M | $507.43M | $457.13M | $435.00M | $460.06M | $461.00M | $415.48M | $295.58M | $291.09M | $299.16M | $282.56M | $268.72M | $280.01M | $285.05M |
| High Forecast | $564.00M | $410.00M | $392.50M | $375.00M | $387.50M | $376.67M | $358.33M | $330.67M | $335.00M | $325.00M | $300.00M | $285.09M | $275.01M | $375.03M | $375.08M | $435.00M | $447.18M | $608.92M | $548.55M | $450.87M | $476.84M | $477.82M | $430.64M | $306.36M | $301.71M | $310.07M | $292.87M | $278.52M | $290.23M | $295.45M |
| Low Forecast | $564.00M | $410.00M | $392.50M | $375.00M | $387.50M | $376.67M | $358.33M | $330.67M | $335.00M | $325.00M | $300.00M | $285.09M | $274.99M | $375.03M | $375.08M | $435.00M | $447.18M | $405.94M | $365.70M | $418.85M | $442.98M | $443.88M | $400.05M | $284.60M | $280.28M | $288.05M | $272.07M | $258.74M | $269.62M | $274.47M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 16 | 8 | 19 | 14 | 1 | 2 | 2 | 10 | 8 | 7 | 7 | 7 | 14 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.02% | - | - | 0.86% | 1.01% | - | - | 1.01% | 1.05% | - | - | 0.99% | 1.00% | - | - | 0.98% |
SMART Global's average Quarter revenue forecast for Dec 23 based on 4 analysts is $275.00M, with a low forecast of $274.99M, and a high forecast of $275.01M. SGH's average Quarter revenue forecast represents a -13.16% decrease compared to the company's last Quarter revenue of $316.66M (Aug 23).
SMART Global EBITDA Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 16 | 8 | 19 | 14 | 1 | 2 | 2 | 10 | 8 | 7 | 7 | 7 | 14 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.64M | $-8.80M | - | - | $42.78M | $54.16M | - | - | $51.90M | $19.19M | - | - | $27.05M | $16.72M | - | - | $21.30M |
| Avg Forecast | $50.91M | $37.01M | $35.43M | $33.85M | $34.98M | $34.00M | $32.34M | $29.85M | $30.24M | $29.33M | $27.08M | $31.88M | $24.82M | $33.85M | $33.85M | $28.98M | $40.36M | $34.34M | $16.60M | $26.35M | $47.15M | $31.22M | $15.09M | $19.80M | $16.44M | $26.03M | $15.98M | $6.12M | $19.73M | $26.71M |
| High Forecast | $50.91M | $37.01M | $35.43M | $33.85M | $34.98M | $34.00M | $32.34M | $29.85M | $30.24M | $29.33M | $27.08M | $38.26M | $24.82M | $33.85M | $33.85M | $34.78M | $40.36M | $41.21M | $19.92M | $31.62M | $56.58M | $37.46M | $18.11M | $23.76M | $19.73M | $31.23M | $19.17M | $7.34M | $23.68M | $32.05M |
| Low Forecast | $50.91M | $37.01M | $35.43M | $33.85M | $34.98M | $34.00M | $32.34M | $29.85M | $30.24M | $29.33M | $27.08M | $25.50M | $24.82M | $33.85M | $33.85M | $23.19M | $40.36M | $27.47M | $13.28M | $21.08M | $37.72M | $24.97M | $12.07M | $15.84M | $13.15M | $20.82M | $12.78M | $4.89M | $15.78M | $21.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.05% | -0.26% | - | - | 1.25% | 3.26% | - | - | 1.66% | 1.27% | - | - | 1.04% | 1.05% | - | - | 0.80% |
8 analysts predict SGH's average Quarter EBITDA for Dec 22 to be $40.36M, with a high of $40.36M and a low of $40.36M. This is -5.65% lower than SMART Global's previous annual EBITDA (Aug 22) of $42.78M.
SMART Global Net Income Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 16 | 8 | 19 | 14 | 1 | 2 | 2 | 10 | 8 | 7 | 7 | 7 | 14 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-140.84M | $-24.08M | - | - | $19.96M | $24.11M | - | - | $20.65M | $-7.21M | - | - | $7.53M | $825.00K | - | - | $5.63M |
| Avg Forecast | $57.54M | $46.95M | $43.70M | $36.37M | $39.90M | $31.82M | $27.74M | $22.31M | $22.50M | $21.74M | $16.42M | $2.35M | $8.57M | $24.75M | $21.89M | $2.14M | $31.78M | $13.66M | $-6.24M | $1.95M | $18.42M | $12.42M | $-5.67M | $5.33M | $1.83M | $7.24M | $788.06K | $-9.33M | $281.51K | $7.05M |
| High Forecast | $57.54M | $46.95M | $43.70M | $36.37M | $39.90M | $31.82M | $27.74M | $22.31M | $22.50M | $21.74M | $16.42M | $2.83M | $9.10M | $24.75M | $21.89M | $2.57M | $31.78M | $16.40M | $-4.99M | $2.34M | $22.11M | $14.91M | $-4.54M | $6.40M | $2.19M | $8.69M | $945.67K | $-7.46M | $337.81K | $8.46M |
| Low Forecast | $57.54M | $46.95M | $43.70M | $36.37M | $39.90M | $31.82M | $27.74M | $22.31M | $22.50M | $21.74M | $16.42M | $1.88M | $8.03M | $24.75M | $21.89M | $1.71M | $31.78M | $10.93M | $-7.49M | $1.56M | $14.74M | $9.94M | $-6.81M | $4.27M | $1.46M | $5.79M | $630.45K | $-11.20M | $225.21K | $5.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -5.69% | -1.10% | - | - | 1.46% | -3.87% | - | - | 1.66% | 1.27% | - | - | 1.04% | 1.05% | - | - | 0.80% |
SMART Global's average Quarter net income forecast for Dec 22 is $31.78M, with a range of $31.78M to $31.78M. SGH's average Quarter net income forecast represents a 59.24% increase compared to the company's last Quarter net income of $19.96M (Aug 22).
SMART Global SG&A Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 16 | 8 | 19 | 14 | 1 | 2 | 2 | 10 | 8 | 7 | 7 | 7 | 14 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.03M | $70.60M | - | - | $55.63M | $58.73M | - | - | $51.26M | $48.48M | - | - | $27.59M | $29.73M | - | - | $27.32M |
| Avg Forecast | $68.40M | $49.72M | $47.60M | $45.48M | $46.99M | $45.68M | $43.46M | $40.10M | $40.63M | $39.41M | $36.38M | $50.88M | $33.35M | $45.48M | $45.49M | $46.25M | $54.23M | $33.92M | $41.94M | $42.05M | $48.35M | $30.83M | $38.13M | $28.89M | $34.30M | $26.54M | $28.40M | $33.87M | $42.17M | $34.26M |
| High Forecast | $68.40M | $49.72M | $47.60M | $45.48M | $46.99M | $45.68M | $43.46M | $40.10M | $40.63M | $39.41M | $36.38M | $61.05M | $33.35M | $45.48M | $45.49M | $55.50M | $54.23M | $40.70M | $50.33M | $50.46M | $58.02M | $37.00M | $45.75M | $34.67M | $41.16M | $31.85M | $34.08M | $40.64M | $50.60M | $41.11M |
| Low Forecast | $68.40M | $49.72M | $47.60M | $45.48M | $46.99M | $45.68M | $43.46M | $40.10M | $40.63M | $39.41M | $36.38M | $40.70M | $33.35M | $45.48M | $45.49M | $37.00M | $54.23M | $27.13M | $33.55M | $33.64M | $38.68M | $24.67M | $30.50M | $23.11M | $27.44M | $21.23M | $22.72M | $27.09M | $33.73M | $27.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 1.55% | - | - | 1.64% | 1.40% | - | - | 1.66% | 1.27% | - | - | 1.04% | 1.05% | - | - | 0.80% |
SMART Global's average Quarter SG&A projection for Dec 23 is $33.35M, based on 4 Wall Street analysts, with a range of $33.35M to $33.35M. The forecast indicates a -48.71% fall compared to SGH last annual SG&A of $65.03M (Aug 23).
SMART Global EPS Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 16 | 8 | 19 | 14 | 1 | 2 | 2 | 10 | 8 | 7 | 7 | 7 | 14 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-2.77 | $-0.49 | - | - | $0.41 | $0.48 | - | - | $0.42 | $-0.15 | - | - | $0.15 | $0.01 | - | - | $0.12 |
| Avg Forecast | $1.06 | $0.86 | $0.81 | $0.67 | $0.73 | $0.59 | $0.51 | $0.41 | $0.41 | $0.40 | $0.30 | $0.25 | $0.16 | $0.46 | $0.40 | $0.60 | $0.59 | $1.27 | $1.15 | $0.72 | $1.00 | $0.80 | $0.55 | $0.40 | $0.35 | $0.39 | $0.34 | $0.27 | $0.37 | $0.33 |
| High Forecast | $1.06 | $0.86 | $0.81 | $0.67 | $0.73 | $0.59 | $0.51 | $0.41 | $0.41 | $0.40 | $0.30 | $0.25 | $0.17 | $0.46 | $0.40 | $0.60 | $0.59 | $1.27 | $1.15 | $0.76 | $1.05 | $0.84 | $0.57 | $0.42 | $0.37 | $0.41 | $0.35 | $0.28 | $0.38 | $0.35 |
| Low Forecast | $1.06 | $0.86 | $0.81 | $0.67 | $0.73 | $0.59 | $0.51 | $0.41 | $0.41 | $0.40 | $0.30 | $0.25 | $0.15 | $0.46 | $0.40 | $0.60 | $0.59 | $1.27 | $1.15 | $0.69 | $0.95 | $0.76 | $0.52 | $0.38 | $0.33 | $0.37 | $0.32 | $0.25 | $0.35 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.07% | -1.21% | - | - | 0.32% | 0.42% | - | - | 0.53% | -0.27% | - | - | 0.39% | 0.04% | - | - | 0.36% |
According to 8 Wall Street analysts, SMART Global's projected average Quarter EPS for Dec 22 is $0.59, with a low estimate of $0.59 and a high estimate of $0.59. This represents a 42.80% increase compared to SGH previous annual EPS of $0.41 (Aug 22).
SMART Global Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MXL | MaxLinear | $14.34 | $38.38 | 167.64% | Hold |
| MX | Magnachip Semiconductor | $4.75 | $8.00 | 68.42% | Buy |
| SGH | SMART Global | $19.42 | $29.38 | 51.29% | Buy |
| SLAB | Silicon Laboratories | $110.75 | $162.00 | 46.28% | Hold |
| SIMO | Silicon Motion | $59.64 | $82.00 | 37.49% | Buy |
| AMKR | Amkor | $30.66 | $42.00 | 36.99% | Buy |
| POWI | Power Integrations | $59.65 | $79.00 | 32.44% | Buy |
| DIOD | Diodes | $62.15 | $74.00 | 19.07% | Buy |
| SMTC | Semtech | $41.63 | $49.50 | 18.90% | Buy |
| FORM | FormFactor | $44.08 | $51.50 | 16.83% | Buy |
| MTSI | MACOM Technology Solutions | $101.45 | $103.88 | 2.40% | Buy |
| CRUS | Cirrus Logic | $133.17 | $120.20 | -9.74% | Buy |
| SITM | SiTime | $146.49 | $127.00 | -13.30% | Buy |
| AOSL | Alpha and Omega Semiconductor | $37.41 | $31.50 | -15.80% | Buy |
SGH Forecast FAQ
Is SMART Global a good buy?
Yes, according to 4 Wall Street analysts, SMART Global (SGH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of SGH's total ratings.
What is SGH's price target?
SMART Global (SGH) average price target is $29.38 with a range of $27 to $35, implying a 51.29% from its last price of $19.42. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SMART Global stock go up soon?
According to Wall Street analysts' prediction for SGH stock, the company can go up by 51.29% (from the last price of $19.42 to the average price target of $29.38), up by 80.23% based on the highest stock price target, and up by 39.03% based on the lowest stock price target.
Can SMART Global stock reach $30?
SGH's highest twelve months analyst stock price target of $35 supports the claim that SMART Global can reach $30 in the near future.
What are SMART Global's analysts' financial forecasts?
SMART Global's analysts financial forecasts for the fiscal year (Aug 2025) are as follows: average revenue is $1.4B (high $1.4B, low $1.4B), average EBITDA is $126.42M (high $126.42M, low $126.42M), average net income is $104.37M (high $104.37M, low $104.37M), average SG&A $169.87M (high $169.87M, low $169.87M), and average EPS is $1.92 (high $1.92, low $1.92). SGH's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $1.56B (high $1.56B, low $1.56B), average EBITDA is $141.26M (high $141.26M, low $141.26M), average net income is $166.92M (high $166.92M, low $166.92M), average SG&A $189.8M (high $189.8M, low $189.8M), and average EPS is $3.07 (high $3.07, low $3.07).
Did the SGH's actual financial results beat the analysts' financial forecasts?
Based on SMART Global's last annual report (Aug 2023), the company's revenue was $1.44B, which missed the average analysts forecast of $1.63B by -11.70%. Apple's EBITDA was $8.74M, missing the average prediction of $137.05M by -93.62%. The company's net income was $-188M, missing the average estimation of $80.57M by -332.75%. Apple's SG&A was $260.72M, beating the average forecast of $191.46M by 36.18%. Lastly, the company's EPS was $-3.78, missing the average prediction of $2.04 by -284.86%. In terms of the last quarterly report (Aug 2023), SMART Global's revenue was $316.66M, missing the average analysts' forecast of $375.03M by -15.56%. The company's EBITDA was $-1.639M, missing the average prediction of $33.85M by -104.84%. SMART Global's net income was $-141M, missing the average estimation of $24.75M by -669.00%. The company's SG&A was $65.03M, beating the average forecast of $45.48M by 42.97%. Lastly, the company's EPS was $-2.77, missing the average prediction of $0.456 by -707.46%