​

SLM (SLM) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SLM Stock Forecast

SLM stock forecast is as follows: an average price target of $26.50 (represents a -4.64% downside from SLM’s last price of $27.79) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

SLM Price Target

The average price target for SLM (SLM) is $26.50 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $27.00 to $26.00. This represents a potential -4.64% downside from SLM's last price of $27.79.

SLM Analyst Ratings

Buy

According to 14 Wall Street analysts, SLM's rating consensus is 'Buy'. The analyst rating breakdown for SLM stock is 0 'Strong Buy' (0.00%), 12 'Buy' (85.71%), 2 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

SLM Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Terry MaBarclays$26.00$22.8014.04%-6.44%
Oct 08, 2024Terry MaBarclays$27.00$22.9317.75%-2.84%
Sep 25, 2024Nathaniel Richam-OdoiBank of America Securities$27.00$21.5325.41%-2.84%
Sep 24, 2024David ChiaveriniWedbush$26.00$22.0717.81%-6.44%
Jul 26, 2024Michael KayeWells Fargo$27.00$23.0017.39%-2.84%
Apr 25, 2024David ChiaveriniWedbush$28.00$21.8128.38%0.76%
Apr 25, 2024Jon ArfstromRBC Capital$25.00$22.1013.12%-10.04%
Apr 18, 2024Michael KayeWells Fargo$24.00$20.5816.62%-13.64%
Nov 11, 2022Compass Point$18.00$17.860.81%-35.23%
May 02, 2022Citigroup$21.00$16.7325.52%-24.43%
Apr 22, 2021Giuliano BolognaCompass Point$25.00$18.4035.87%-10.04%

The latest SLM stock forecast, released on Oct 24, 2024 by Terry Ma from Barclays, set a price target of $26.00, which represents a 14.04% increase from the stock price at the time of the forecast ($22.80), and a -6.44% decrease from SLM last price ($27.79).

SLM Price Target by Period

1M3M12M
# Anlaysts-48
Avg Price Target-$26.50$26.25
Last Closing Price$27.79$27.79$27.79
Upside/Downside-100.00%-4.64%-5.54%

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 $27.79. 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
Oct 08, 2024BarclaysOverweightOverweightHold
Sep 25, 2024Bank of America SecuritiesBuyInitialise
Sep 24, 2024WedbushOutperformOutperformHold
Jul 26, 2024Wells FargoOverweightOverweightHold
Jul 25, 2024WedbushBuyBuyHold
Jul 25, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 25, 2024Deutsche BankBuyBuyHold
Jun 04, 2024Wells FargoBuyBuyHold
Jun 04, 2024Cowen & Co.BuyBuyHold
May 16, 2024Wells FargoNeutralNeutralHold
May 16, 2024WedbushUnderperformUnderperformHold
Apr 25, 2024WedbushOutperformOutperformHold
Apr 25, 2024RBC CapitalOutperformOutperformHold
Apr 18, 2024Wells FargoOverweightOverweightHold
Dec 08, 2023Wells FargoOverweightUpgrade
Jul 11, 2023Compass PointBuyBuyHold
Apr 14, 2023Compass PointNeutralBuyUpgrade
Apr 05, 2023Argus ResearchUnderperformDowngrade
Apr 05, 2023Edward JonesBuyUpgrade
Apr 05, 2023Societe GeneraleHoldUpgrade
Apr 05, 2023WedbushOutperformUpgrade
Apr 05, 2023UBSNeutralDowngrade
Apr 05, 2023Raymond JamesOutperformDowngrade
Apr 05, 2023OppenheimerPerformDowngrade
Apr 05, 2023Morgan StanleyUnderweightOverweightUpgrade
Nov 11, 2022Compass PointNeutralDowngrade
Oct 07, 2022Morgan StanleyUnderweightInitialise
May 02, 2022CitigroupBuyBuyHold

SLM's last stock rating was published by Barclays on Oct 08, 2024. The company gave SLM a "Overweight" rating, the same as its previous rate.

SLM Financial Forecast

SLM 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 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$668.55M-$633.90M$426.78M$340.79M$464.61M$158.03M$396.96M$599.64M$357.55M$342.55M$744.54M$367.47M$374.19M$377.57M$692.21M$415.25M$422.31M
Avg Forecast$472.58M$543.66M$448.57M$544.49M$443.15M$499.00M$419.37M$492.15M$398.21M$391.71M$451.49M$514.60M$454.38M$419.09M$539.61M$392.73M$348.32M$445.33M$602.75M$498.57M$518.87M$368.77M$349.33M$675.35M$383.43M$385.17M$362.75M$637.00M$420.13M$407.07M
High Forecast$504.31M$580.15M$478.68M$581.03M$472.90M$532.49M$447.52M$514.20M$406.45M$392.78M$451.49M$519.10M$476.91M$444.87M$575.83M$419.10M$371.70M$445.33M$602.75M$498.57M$518.87M$368.77M$349.33M$675.35M$383.43M$385.17M$362.75M$637.00M$420.13M$407.07M
Low Forecast$444.17M$510.97M$421.60M$511.75M$416.51M$469.00M$394.16M$481.01M$392.35M$390.65M$451.49M$510.11M$417.60M$379.18M$507.16M$369.12M$327.37M$445.33M$602.75M$498.57M$518.87M$368.77M$349.33M$675.35M$383.43M$385.17M$362.75M$637.00M$420.13M$407.07M
# Analysts222211145433663344443333399988
Surprise %------------1.47%-1.17%1.09%0.98%1.04%0.26%0.80%1.16%0.97%0.98%1.10%0.96%0.97%1.04%1.09%0.99%1.04%

SLM's average Quarter revenue forecast for Mar 24 based on 3 analysts is $514.60M, with a low forecast of $510.11M, and a high forecast of $519.10M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145433663344443333399988
EBITDA------------$394.45M-$335.43M$390.66M$107.94M$114.39M$486.96M$423.14M$505.61M$186.17M$293.11M$953.49M$676.71M$347.74M$23.97M$662.33M$361.20M$358.37M
Avg Forecast$216.77M$249.38M$205.76M$249.75M$203.27M$228.89M$192.37M$225.75M$182.66M$179.68M$207.10M$236.05M$208.42M$192.24M$247.51M$180.15M$159.77M$266.68M$360.94M$298.55M$310.71M$220.83M$209.19M$404.41M$229.61M$230.65M$217.22M$381.45M$251.58M$243.76M
High Forecast$231.32M$266.11M$219.57M$266.52M$216.92M$244.25M$205.28M$235.86M$186.44M$180.17M$207.10M$238.11M$218.75M$204.06M$264.13M$192.24M$170.50M$266.68M$360.94M$298.55M$310.71M$220.83M$209.19M$404.41M$229.61M$230.65M$217.22M$381.45M$251.58M$243.76M
Low Forecast$203.74M$234.38M$193.39M$234.74M$191.05M$215.13M$180.80M$220.64M$179.97M$179.19M$207.10M$233.99M$191.55M$173.93M$232.63M$169.31M$150.17M$266.68M$360.94M$298.55M$310.71M$220.83M$209.19M$404.41M$229.61M$230.65M$217.22M$381.45M$251.58M$243.76M
Surprise %------------1.89%-1.36%2.17%0.68%0.43%1.35%1.42%1.63%0.84%1.40%2.36%2.95%1.51%0.11%1.74%1.44%1.47%

3 analysts predict SLM's average Quarter EBITDA for Mar 24 to be $236.05M, with a high of $238.11M and a low of $233.99M. This is -40.16% lower than SLM's previous annual EBITDA (Dec 23) of $394.45M.

SLM 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 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145433663344443333399988
Net Income------------$163.72M-$265.06M$118.52M$-77.04M$75.17M$342.07M$128.81M$306.26M$72.84M$140.20M$641.21M$432.70M$171.03M$-85.21M$362.17M$141.35M$128.46M
Avg Forecast$171.02M$173.13M$142.74M$250.40M$166.96M$144.75M$159.79M$176.59M$120.49M$15.12M$155.36M$499.55M$190.06M$75.57M$249.82M$454.14M$305.31M$103.60M$284.39M$485.71M$217.61M$39.36M$81.65M$533.20M$82.36M$23.37M$25.26M$379.63M$67.16M$59.90M
High Forecast$185.94M$188.24M$155.20M$272.25M$181.52M$157.38M$173.73M$233.49M$139.85M$16.44M$155.37M$599.47M$203.16M$133.87M$253.01M$544.97M$366.37M$103.60M$284.39M$582.85M$217.61M$39.36M$81.65M$639.84M$82.36M$23.37M$25.26M$455.55M$67.16M$59.90M
Low Forecast$157.65M$159.60M$131.59M$230.83M$153.90M$133.43M$147.30M$109.88M$94.67M$13.94M$155.36M$399.64M$181.32M$-6.48M$246.64M$363.31M$244.25M$103.60M$284.39M$388.57M$217.61M$39.36M$81.65M$426.56M$82.36M$23.37M$25.26M$303.70M$67.16M$59.90M
Surprise %------------0.86%-1.06%0.26%-0.25%0.73%1.20%0.27%1.41%1.85%1.72%1.20%5.25%7.32%-3.37%0.95%2.10%2.14%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145433663344443333399988
SG&A---------------$99.18M$76.80M$69.59M$67.24M$77.67M$63.63M$72.75M$68.54M$76.77M$67.53M$64.20M$79.61M$93.11M$77.08M$73.79M
Avg Forecast$85.74M$98.64M$81.38M$98.79M$80.40M$90.53M$76.09M$89.29M$72.25M$71.07M$81.91M$93.36M$82.44M$76.04M$97.90M$71.25M$63.43M$76.47M$103.50M$85.61M$89.10M$63.32M$59.99M$63.84M$65.84M$66.14M$62.29M$97.60M$72.14M$69.90M
High Forecast$91.50M$105.26M$86.85M$105.42M$85.80M$96.61M$81.19M$93.29M$73.74M$71.26M$81.91M$94.18M$86.52M$80.71M$104.47M$76.04M$76.12M$76.47M$103.50M$85.61M$89.10M$63.32M$59.99M$76.61M$65.84M$66.14M$62.29M$117.12M$72.14M$69.90M
Low Forecast$80.58M$92.71M$76.49M$92.85M$75.57M$85.09M$71.51M$87.27M$71.18M$70.87M$81.91M$92.55M$75.77M$68.79M$92.01M$66.97M$50.74M$76.47M$103.50M$85.61M$89.10M$63.32M$59.99M$51.07M$65.84M$66.14M$62.29M$78.08M$72.14M$69.90M
Surprise %---------------1.39%1.21%0.91%0.65%0.91%0.71%1.15%1.14%1.20%1.03%0.97%1.28%0.95%1.07%1.06%

SLM's average Quarter SG&A projection for Jun 23 is $97.90M, based on 3 Wall Street analysts, with a range of $92.01M to $104.47M. The forecast indicates a -1.29% fall compared to SLM last annual SG&A of $99.18M (Mar 23).

SLM 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 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145433663344443333399988
EPS------------$0.73-$1.13$0.47$-0.31$0.29$1.30$0.46$1.06$0.24$0.45$1.77$1.15$0.45$-0.23$0.88$0.33$0.29
Avg Forecast$0.80$0.81$0.66$1.17$0.78$0.67$0.74$0.82$0.56$0.07$0.72$1.07$0.88$0.35$1.16$0.35$0.46$0.47$1.28$0.81$0.98$0.18$0.37$1.07$0.37$0.11$0.11$0.73$0.30$0.27
High Forecast$0.87$0.88$0.72$1.27$0.84$0.73$0.81$1.09$0.65$0.08$0.72$1.08$0.95$0.62$1.18$0.39$0.50$0.47$1.28$0.81$0.98$0.18$0.37$1.07$0.37$0.11$0.11$0.73$0.30$0.27
Low Forecast$0.73$0.74$0.61$1.07$0.72$0.62$0.69$0.51$0.44$0.06$0.72$1.06$0.84$-0.03$1.15$0.33$0.42$0.47$1.28$0.81$0.98$0.18$0.37$1.07$0.37$0.11$0.11$0.73$0.30$0.27
Surprise %------------0.83%-0.97%1.32%-0.67%0.62%1.02%0.57%1.08%1.36%1.23%1.66%3.11%4.28%-2.03%1.20%1.09%1.08%

According to 3 Wall Street analysts, SLM's projected average Quarter EPS for Mar 24 is $1.07, with a low estimate of $1.06 and a high estimate of $1.08. This represents a 46.65% increase compared to SLM previous annual EPS of $0.73 (Dec 23).

SLM Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
OPRTOportun Financial$3.88$11.17187.89%Hold
EZPWEZCORP$12.00$19.0058.33%Buy
FCFSFirstCash$104.85$130.0023.99%Buy
NAVINavient$14.53$17.0017.00%Sell
AGMFederal Agricultural Mortgage$209.19$233.0011.38%Buy
ENVAEnova$99.03$104.005.02%Buy
SLMSLM$27.68$26.50-4.26%Buy

SLM Forecast FAQ

Is SLM a good buy?

Yes, according to 14 Wall Street analysts, SLM (SLM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 85.71% of SLM's total ratings.

What is SLM's price target?

SLM (SLM) average price target is $26.5 with a range of $26 to $27, implying a -4.64% from its last price of $27.79. The data is based on 14 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 down by -4.64% (from the last price of $27.79 to the average price target of $26.5), down by -2.84% based on the highest stock price target, and down by -6.44% based on the lowest stock price target.

Can SLM stock reach $40?

SLM's average twelve months analyst stock price target of $26.5 does not support the claim that SLM can reach $40 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 $1.85B (high $1.97B, low $1.76B), average EBITDA is $850.27M (high $902.31M, low $807.61M), average net income is $648.08M (high $746.12M, low $544.51M), average SG&A $336.31M (high $356.89M, low $319.44M), and average EPS is $3.02 (high $3.47, low $2.53). SLM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.01B (high $2.14B, low $1.89B), average EBITDA is $921.66M (high $983.53M, low $866.24M), average net income is $737.3M (high $801.64M, low $679.67M), average SG&A $364.55M (high $389.01M, low $342.63M), and average EPS is $3.43 (high $3.73, 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 $828.32M by 68.98%. The company's net income was $563.69M, missing the average estimation of $969.59M by -41.86%. Apple's SG&A was $0, missing the average forecast of $327.63M 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 $208.42M by 89.26%. SLM's net income was $163.72M, missing the average estimation of $190.06M by -13.86%. The company's SG&A was $0, missing the average forecast of $82.44M by -100.00%. Lastly, the company's EPS was $0.73, missing the average prediction of $0.884 by -17.47%