SLM (SLM) Stock Forecast, Price Target & Predictions
SLM Stock Forecast
SLM stock forecast is as follows: an average price target of $23.80 (represents a 12.11% upside from SLM’s last price of $21.23) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
SLM Price Target
The average price target for SLM (SLM) is $23.80 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $18.00. This represents a potential 12.11% upside from SLM's last price of $21.23.
SLM Analyst Ratings
According to 12 Wall Street analysts, SLM's rating consensus is 'Buy'. The analyst rating breakdown for SLM stock is 0 'Strong Buy' (0.00%), 10 'Buy' (83.33%), 2 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SLM Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Michael Kaye | Wells Fargo | $27.00 | $23.00 | 17.39% | 27.18% |
| Apr 25, 2024 | David Chiaverini | Wedbush | $28.00 | $21.81 | 28.38% | 31.89% |
| Apr 25, 2024 | Jon Arfstrom | RBC Capital | $25.00 | $22.10 | 13.12% | 17.76% |
| Apr 18, 2024 | Michael Kaye | Wells Fargo | $24.00 | $20.58 | 16.62% | 13.05% |
| Nov 11, 2022 | - | Compass Point | $18.00 | $17.86 | 0.81% | -15.21% |
| May 02, 2022 | - | Citigroup | $21.00 | $16.73 | 25.52% | -1.08% |
| Apr 22, 2021 | Giuliano Bologna | Compass Point | $25.00 | $18.40 | 35.87% | 17.76% |
The latest SLM stock forecast, released on Jul 26, 2024 by Michael Kaye from Wells Fargo, set a price target of $27.00, which represents a 17.39% increase from the stock price at the time of the forecast ($23.00), and a 27.18% increase from SLM last price ($21.23).
SLM Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $27.00 | $26.00 |
| Last Closing Price | $21.23 | $21.23 | $21.23 |
| Upside/Downside | -100.00% | 27.18% | 22.47% |
In the current month, the average price target of SLM stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SLM's last price of $21.23. 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 |
|---|---|---|---|---|
| Jul 26, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 25, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jul 25, 2024 | Wedbush | Buy | Buy | Hold |
| Jul 25, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 04, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 04, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 16, 2024 | Wells Fargo | Neutral | Neutral | Hold |
| May 16, 2024 | Wedbush | Underperform | Underperform | Hold |
| Apr 25, 2024 | Wedbush | Outperform | Outperform | Hold |
| Apr 25, 2024 | RBC Capital | Outperform | Outperform | Hold |
SLM's last stock rating was published by Wells Fargo on Jul 26, 2024. The company gave SLM a "Overweight" rating, the same as its previous rate.
SLM Financial Forecast
SLM 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $668.55M | - | $633.90M | $426.78M | $340.79M | $464.61M | - | $396.96M | $599.64M | $357.55M | $342.55M | $744.54M | $367.47M | $374.19M | $377.57M | $692.21M | $415.25M | $422.31M |
| Avg Forecast | $474.79M | $557.43M | $465.71M | $553.16M | $421.70M | $503.53M | $412.35M | $520.43M | $403.80M | $389.58M | $451.49M | $514.60M | $454.38M | $419.09M | $539.61M | $392.73M | $348.32M | $445.33M | $602.75M | $602.28M | $358.38M | $343.67M | $343.72M | $637.21M | $472.46M | $62.05M | $176.15M | $855.08M | $545.88M | $508.96M |
| High Forecast | $487.19M | $572.00M | $477.88M | $567.61M | $432.71M | $516.69M | $423.12M | $534.02M | $414.35M | $402.80M | $463.29M | $528.05M | $476.91M | $444.87M | $553.70M | $402.99M | $357.42M | $456.97M | $602.75M | $722.74M | $430.06M | $412.40M | $412.46M | $764.65M | $566.95M | $74.46M | $211.39M | $1.03B | $655.05M | $610.75M |
| Low Forecast | $459.83M | $539.87M | $451.03M | $535.73M | $408.41M | $487.67M | $399.36M | $504.03M | $391.07M | $376.01M | $437.27M | $498.39M | $417.60M | $379.18M | $522.60M | $380.36M | $337.34M | $431.30M | $602.75M | $481.82M | $286.70M | $274.94M | $274.98M | $509.77M | $377.97M | $49.64M | $140.92M | $684.06M | $436.70M | $407.17M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 3 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 13 | 9 | 14 | 20 | 8 | 17 | 11 | 10 | 17 | 18 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | - | 1.17% | 1.09% | 0.98% | 1.04% | - | 0.66% | 1.67% | 1.04% | 1.00% | 1.17% | 0.78% | 6.03% | 2.14% | 0.81% | 0.76% | 0.83% |
SLM's average Quarter revenue forecast for Mar 24 based on 3 analysts is $514.60M, with a low forecast of $498.39M, and a high forecast of $528.05M. SLM's average Quarter revenue forecast represents a -23.03% decrease compared to the company's last Quarter revenue of $668.55M (Dec 23).
SLM 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 3 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 13 | 9 | 14 | 20 | 8 | 17 | 11 | 10 | 17 | 18 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $394.45M | - | $335.43M | $390.66M | $107.94M | $114.39M | - | $423.14M | $505.61M | $186.17M | $293.11M | $953.49M | $676.71M | $347.74M | $23.97M | $662.33M | $361.20M | $358.37M |
| Avg Forecast | $284.31M | $333.80M | $278.88M | $331.24M | $252.52M | $301.53M | $246.93M | $311.64M | $241.80M | $233.29M | $270.36M | $308.16M | $272.09M | $250.96M | $323.13M | $235.18M | $208.58M | $163.83M | $360.94M | $548.02M | $214.61M | $148.94M | $248.02M | $381.57M | $282.92M | $37.16M | $102.46M | $694.25M | $325.08M | $301.03M |
| High Forecast | $291.74M | $342.52M | $286.16M | $339.90M | $259.12M | $309.40M | $253.38M | $319.79M | $248.12M | $241.21M | $277.43M | $316.21M | $285.58M | $266.40M | $331.57M | $241.32M | $214.03M | $196.59M | $360.94M | $657.63M | $257.53M | $178.72M | $297.62M | $457.89M | $339.50M | $44.59M | $122.95M | $833.09M | $390.10M | $361.23M |
| Low Forecast | $275.35M | $323.29M | $270.09M | $320.81M | $244.56M | $292.02M | $239.14M | $301.82M | $234.18M | $225.16M | $261.84M | $298.45M | $250.07M | $227.06M | $312.95M | $227.77M | $202.01M | $131.06M | $360.94M | $438.42M | $171.68M | $119.15M | $198.41M | $305.26M | $226.34M | $29.73M | $81.97M | $555.40M | $260.07M | $240.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.45% | - | 1.04% | 1.66% | 0.52% | 0.70% | - | 0.77% | 2.36% | 1.25% | 1.18% | 2.50% | 2.39% | 9.36% | 0.23% | 0.95% | 1.11% | 1.19% |
3 analysts predict SLM's average Quarter EBITDA for Mar 24 to be $308.16M, with a high of $316.21M and a low of $298.45M. This is -21.88% lower than SLM's previous annual EBITDA (Dec 23) of $394.45M.
SLM 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 3 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 13 | 9 | 14 | 20 | 8 | 17 | 11 | 10 | 17 | 18 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $163.72M | - | $265.06M | $118.52M | $-77.04M | $75.17M | - | $128.81M | $306.26M | $72.84M | $140.20M | $641.21M | $432.70M | $171.03M | $-85.21M | $362.17M | $141.35M | $128.46M |
| Avg Forecast | $165.94M | $149.26M | $137.27M | $279.81M | $148.23M | $145.72M | $155.28M | $212.50M | $82.51M | $18.31M | $160.85M | $499.55M | $196.77M | $78.24M | $258.65M | $454.14M | $102.54M | $64.10M | $286.15M | $485.71M | $277.55M | $58.27M | $118.63M | $533.20M | $556.33M | $596.46M | $-364.28M | $379.63M | $127.22M | $107.90M |
| High Forecast | $171.57M | $154.33M | $141.94M | $289.31M | $153.26M | $150.67M | $160.55M | $219.72M | $85.31M | $54.94M | $166.32M | $599.47M | $210.34M | $138.60M | $267.44M | $544.97M | $106.02M | $76.92M | $286.15M | $582.85M | $333.06M | $69.93M | $142.36M | $639.84M | $667.59M | $715.75M | $-291.42M | $455.55M | $152.66M | $129.49M |
| Low Forecast | $159.14M | $143.15M | $131.65M | $268.35M | $142.16M | $139.75M | $148.92M | $203.80M | $79.13M | $-21.36M | $154.27M | $399.64M | $187.72M | $-6.71M | $248.06M | $363.31M | $98.34M | $51.28M | $286.15M | $388.57M | $222.04M | $46.62M | $94.91M | $426.56M | $445.06M | $477.17M | $-437.13M | $303.70M | $101.77M | $86.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | - | 1.02% | 0.26% | -0.75% | 1.17% | - | 0.27% | 1.10% | 1.25% | 1.18% | 1.20% | 0.78% | 0.29% | 0.23% | 0.95% | 1.11% | 1.19% |
SLM's average Quarter net income forecast for Mar 24 is $499.55M, with a range of $399.64M to $599.47M. SLM's average Quarter net income forecast represents a 205.13% increase compared to the company's last Quarter net income of $163.72M (Dec 23).
SLM 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 3 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 13 | 9 | 14 | 20 | 8 | 17 | 11 | 10 | 17 | 18 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $99.18M | $76.80M | $69.59M | - | $77.67M | $63.63M | $72.75M | $68.54M | $76.77M | $67.53M | $64.20M | $79.61M | $93.11M | $77.08M | $73.79M |
| Avg Forecast | $81.53M | $95.72M | $79.97M | $94.99M | $72.41M | $86.46M | $70.81M | $89.37M | $69.34M | $66.90M | $77.53M | $88.37M | $78.02M | $71.97M | $92.66M | $67.44M | $59.81M | $64.02M | $103.50M | $103.42M | $57.66M | $58.20M | $58.00M | $63.84M | $86.83M | $10.66M | $30.25M | $97.60M | $69.37M | $61.99M |
| High Forecast | $83.66M | $98.22M | $82.06M | $97.47M | $74.30M | $88.72M | $72.66M | $91.70M | $71.15M | $69.17M | $79.55M | $90.67M | $81.89M | $76.39M | $95.08M | $69.20M | $61.37M | $76.82M | $103.50M | $124.11M | $69.20M | $69.84M | $69.60M | $76.61M | $104.19M | $12.79M | $36.30M | $117.12M | $83.25M | $74.38M |
| Low Forecast | $78.96M | $92.70M | $77.45M | $91.99M | $70.13M | $83.74M | $68.58M | $86.55M | $67.15M | $64.57M | $75.09M | $85.58M | $71.71M | $65.11M | $89.74M | $65.31M | $57.93M | $51.22M | $103.50M | $82.74M | $46.13M | $46.56M | $46.40M | $51.07M | $69.46M | $8.52M | $24.20M | $78.08M | $55.50M | $49.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 1.28% | 1.09% | - | 0.75% | 1.10% | 1.25% | 1.18% | 1.20% | 0.78% | 6.02% | 2.63% | 0.95% | 1.11% | 1.19% |
SLM's average Quarter SG&A projection for Jun 23 is $92.66M, based on 3 Wall Street analysts, with a range of $89.74M to $95.08M. The forecast indicates a -6.57% fall compared to SLM last annual SG&A of $99.18M (Mar 23).
SLM 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 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 3 | 6 | 6 | 3 | 3 | 4 | 4 | 2 | 13 | 9 | 14 | 20 | 8 | 17 | 11 | 10 | 17 | 18 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.73 | - | $1.13 | $0.47 | $-0.31 | $0.29 | - | $0.46 | $1.06 | $0.24 | $0.45 | $1.77 | $1.15 | $0.45 | $-0.23 | $0.88 | $0.33 | $0.29 |
| Avg Forecast | $0.75 | $0.67 | $0.62 | $1.26 | $0.67 | $0.66 | $0.70 | $0.96 | $0.37 | $0.08 | $0.72 | $1.07 | $0.88 | $0.35 | $1.16 | $0.35 | $0.46 | $0.47 | $1.28 | $1.43 | $1.89 | $1.25 | $1.01 | $0.89 | $0.45 | $0.28 | $0.34 | $0.87 | $0.27 | $0.21 |
| High Forecast | $0.77 | $0.69 | $0.64 | $1.30 | $0.69 | $0.68 | $0.72 | $0.99 | $0.38 | $0.25 | $0.75 | $1.11 | $0.95 | $0.62 | $1.20 | $0.37 | $0.48 | $0.48 | $1.28 | $1.51 | $2.00 | $1.32 | $1.07 | $1.07 | $0.54 | $0.33 | $0.41 | $1.04 | $0.32 | $0.25 |
| Low Forecast | $0.72 | $0.64 | $0.59 | $1.21 | $0.64 | $0.63 | $0.67 | $0.92 | $0.36 | $-0.10 | $0.69 | $1.03 | $0.84 | $-0.03 | $1.12 | $0.34 | $0.44 | $0.45 | $1.28 | $1.35 | $1.79 | $1.18 | $0.96 | $0.71 | $0.36 | $0.22 | $0.27 | $0.70 | $0.22 | $0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | - | 0.97% | 1.32% | -0.67% | 0.62% | - | 0.32% | 0.56% | 0.19% | 0.45% | 1.99% | 2.56% | 1.61% | -0.68% | 1.01% | 1.22% | 1.38% |
According to 3 Wall Street analysts, SLM's projected average Quarter EPS for Mar 24 is $1.07, with a low estimate of $1.03 and a high estimate of $1.11. This represents a 46.65% increase compared to SLM previous annual EPS of $0.73 (Dec 23).
SLM Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OPRT | Oportun Financial | $2.63 | $11.17 | 324.71% | Hold |
| AGM | Federal Agricultural Mortgage | $188.48 | $233.00 | 23.62% | Buy |
| EZPW | EZCORP | $11.00 | $12.75 | 15.91% | Buy |
| SLM | SLM | $21.23 | $23.80 | 12.11% | Buy |
| FCFS | FirstCash | $117.16 | $130.00 | 10.96% | Buy |
| NAVI | Navient | $15.77 | $16.00 | 1.46% | Sell |
| ENVA | Enova | $79.32 | $60.75 | -23.41% | Buy |
SLM Forecast FAQ
Is SLM a good buy?
Yes, according to 12 Wall Street analysts, SLM (SLM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 83.33% of SLM's total ratings.
What is SLM's price target?
SLM (SLM) average price target is $23.8 with a range of $18 to $28, implying a 12.11% from its last price of $21.23. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SLM stock go up soon?
According to Wall Street analysts' prediction for SLM stock, the company can go up by 12.11% (from the last price of $21.23 to the average price target of $23.8), up by 31.89% based on the highest stock price target, and down by -15.21% based on the lowest stock price target.
Can SLM stock reach $30?
SLM's average twelve months analyst stock price target of $23.8 does not support the claim that SLM can reach $30 in the near future.
What are SLM's analysts' financial forecasts?
SLM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.86B (high $1.91B, low $1.8B), average EBITDA is $1.11B (high $1.14B, low $1.08B), average net income is $661.73M (high $684.2M, low $634.62M), average SG&A $319.05M (high $327.39M, low $309M), and average EPS is $2.97 (high $3.08, low $2.85). SLM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.05B (high $2.1B, low $1.99B), average EBITDA is $1.23B (high $1.26B, low $1.19B), average net income is $732.28M (high $757.16M, low $702.29M), average SG&A $352.21M (high $361.41M, low $341.11M), and average EPS is $3.29 (high $3.4, low $3.16).
Did the SLM's actual financial results beat the analysts' financial forecasts?
Based on SLM's last annual report (Dec 2023), the company's revenue was $2.59B, beating the average analysts forecast of $1.81B by 43.55%. Apple's EBITDA was $1.4B, beating the average prediction of $1.08B by 29.44%. The company's net income was $563.69M, missing the average estimation of $987.81M by -42.94%. Apple's SG&A was $0, missing the average forecast of $310.09M by -100.00%. Lastly, the company's EPS was $2.44, missing the average prediction of $2.75 by -11.39%. In terms of the last quarterly report (Dec 2023), SLM's revenue was $668.55M, beating the average analysts' forecast of $454.38M by 47.14%. The company's EBITDA was $394.45M, beating the average prediction of $272.09M by 44.97%. SLM's net income was $163.72M, missing the average estimation of $196.77M by -16.80%. The company's SG&A was $0, missing the average forecast of $78.02M by -100.00%. Lastly, the company's EPS was $0.73, missing the average prediction of $0.884 by -17.47%