ShotSpotter (SSTI) Stock Forecast, Price Target & Predictions
SSTI Stock Forecast
ShotSpotter stock forecast is as follows: an average price target of $18.75 (represents a 90.55% upside from SSTI’s last price of $9.84) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
SSTI Price Target
The average price target for ShotSpotter (SSTI) is $18.75 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $17.50. This represents a potential 90.55% upside from SSTI's last price of $9.84.
SSTI Analyst Ratings
According to 7 Wall Street analysts, ShotSpotter's rating consensus is 'Buy'. The analyst rating breakdown for SSTI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ShotSpotter Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2024 | Jeremy Hamblin | Craig-Hallum | $17.50 | $14.45 | 21.11% | 77.85% |
| May 15, 2024 | Jeremy Hamblin | Craig-Hallum | $19.00 | $14.04 | 35.33% | 93.09% |
| May 15, 2024 | Jonathan Ruykhaver | Cantor Fitzgerald | $20.00 | $14.40 | 38.89% | 103.25% |
The latest ShotSpotter stock forecast, released on Aug 07, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $17.50, which represents a 21.11% increase from the stock price at the time of the forecast ($14.45), and a 77.85% increase from SSTI last price ($9.84).
ShotSpotter Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $17.50 | $18.83 |
| Last Closing Price | $9.84 | $9.84 | $9.84 |
| Upside/Downside | -100.00% | 77.85% | 91.36% |
In the current month, the average price target of ShotSpotter stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ShotSpotter's last price of $9.84. 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 |
|---|---|---|---|---|
| Aug 07, 2024 | Craig-Hallum | Hold | Hold | Hold |
| May 16, 2024 | William Blair | Outperform | Market Perform | Downgrade |
| May 15, 2024 | Cantor Fitzgerald | Buy | Buy | Hold |
| May 15, 2024 | Craig-Hallum | Hold | Hold | Hold |
| May 15, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Aug 10, 2023 | Imperial Capital | - | Outperform | Upgrade |
| Oct 19, 2022 | Jefferies | - | Buy | Initialise |
| Oct 19, 2022 | JMP Securities | - | Market Outperform | Upgrade |
| Aug 10, 2022 | Lake Street | - | Buy | Upgrade |
| Jun 30, 2022 | William Blair | - | Outperform | Upgrade |
ShotSpotter's last stock rating was published by Craig-Hallum on Aug 07, 2024. The company gave SSTI a "Hold" rating, the same as its previous rate.
ShotSpotter Financial Forecast
ShotSpotter Revenue Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $26.05M | $23.98M | $22.07M | $20.62M | $21.00M | $18.77M | $20.02M | $21.21M | $13.97M | $14.55M | $14.62M | $15.01M | $12.65M | $11.35M | $11.28M | $10.46M | $10.91M | $9.98M | $10.26M | $9.59M | $6.91M | $5.84M |
| Avg Forecast | $29.73M | $28.05M | $27.59M | $26.24M | $26.92M | $25.99M | $25.34M | $25.12M | $26.29M | $23.52M | $21.94M | $21.95M | $21.38M | $19.85M | $19.85M | $20.32M | $16.11M | $14.97M | $14.92M | $13.46M | $11.71M | $11.20M | $10.73M | $10.84M | $10.51M | $10.89M | $10.43M | $9.77M | $6.33M | $36.36M |
| High Forecast | $29.73M | $28.05M | $27.59M | $26.24M | $26.92M | $26.05M | $25.34M | $25.12M | $26.57M | $23.52M | $21.94M | $21.95M | $21.38M | $19.85M | $19.85M | $20.32M | $16.11M | $14.97M | $14.92M | $13.46M | $11.71M | $11.20M | $10.73M | $10.84M | $10.51M | $10.89M | $10.43M | $9.77M | $7.60M | $43.64M |
| Low Forecast | $29.73M | $28.05M | $27.59M | $26.24M | $26.92M | $25.93M | $25.34M | $25.12M | $25.71M | $23.52M | $21.94M | $21.95M | $21.38M | $19.85M | $19.85M | $20.32M | $16.11M | $14.97M | $14.92M | $13.46M | $11.71M | $11.20M | $10.73M | $10.84M | $10.51M | $10.89M | $10.43M | $9.77M | $5.07M | $29.09M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.02% | 1.01% | 0.94% | 0.98% | 0.95% | 1.01% | 1.04% | 0.87% | 0.97% | 0.98% | 1.12% | 1.08% | 1.01% | 1.05% | 0.96% | 1.04% | 0.92% | 0.98% | 0.98% | 1.09% | 0.16% |
ShotSpotter's average Quarter revenue forecast for Mar 24 based on 4 analysts is $25.12M, with a low forecast of $25.12M, and a high forecast of $25.12M. SSTI's average Quarter revenue forecast represents a -3.54% decrease compared to the company's last Quarter revenue of $26.05M (Dec 23).
ShotSpotter EBITDA Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | $2.31M | $-1.32M | $-4.35M | $-1.82M | $-587.00K | $-6.74M | $-3.67M | $432.00K | $-1.55M | $795.00K | $1.43M | $1.78M | $1.23M | $1.91M | $2.20M | $1.38M | $2.59M | $1.68M | $1.57M | $894.00K | $-374.00K | $-3.58M |
| Avg Forecast | $233.25K | $220.01K | $216.46K | $205.81K | $211.15K | $203.88K | $198.81K | $3.24M | $206.24K | $184.51K | $172.10K | $2.95M | $1.79M | $155.68K | $155.71K | $2.68M | $126.36K | $117.39K | $3.42M | $105.56K | $91.84K | $87.86K | $84.13K | $2.43M | $82.46K | $85.46K | $81.80K | $491.70K | $-340.00K | $-22.29M |
| High Forecast | $233.25K | $220.01K | $216.46K | $205.81K | $211.15K | $204.34K | $198.81K | $3.89M | $208.46K | $184.51K | $172.10K | $3.54M | $2.14M | $155.68K | $155.71K | $3.21M | $126.36K | $117.39K | $4.11M | $105.56K | $91.84K | $87.86K | $84.13K | $2.92M | $82.46K | $85.46K | $81.80K | $590.04K | $-272.00K | $-17.83M |
| Low Forecast | $233.25K | $220.01K | $216.46K | $205.81K | $211.15K | $203.41K | $198.81K | $2.59M | $201.71K | $184.51K | $172.10K | $2.36M | $1.43M | $155.68K | $155.71K | $2.14M | $126.36K | $117.39K | $2.74M | $105.56K | $91.84K | $87.86K | $84.13K | $1.95M | $82.46K | $85.46K | $81.80K | $393.36K | $-408.00K | $-26.74M |
| Surprise % | - | - | - | - | - | - | - | - | 11.18% | -7.14% | -25.28% | -0.62% | -0.33% | -43.26% | -23.58% | 0.16% | -12.26% | 6.77% | 0.42% | 16.86% | 13.40% | 21.72% | 26.18% | 0.57% | 31.46% | 19.63% | 19.23% | 1.82% | 1.10% | 0.16% |
4 analysts predict SSTI's average Quarter EBITDA for Mar 24 to be $3.24M, with a high of $3.89M and a low of $2.59M. This is 40.53% upper than ShotSpotter's previous annual EBITDA (Dec 23) of $2.31M.
ShotSpotter Net Income Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $3.64M | $-1.87M | $-2.70M | $-1.77M | $-1.04M | $17.10M | $12.05M | $2.53M | $-3.31M | $-949.00K | $-250.00K | $79.00K | $-220.00K | $566.00K | $866.00K | $13.00K | $1.33M | $446.00K | $387.00K | $-362.00K | $-1.22M | $-4.31M |
| Avg Forecast | $-84.65K | $-456.71K | $-914.48K | $-1.30M | $-66.31K | $-873.34K | $-1.11M | $30.55K | $615.16K | $-652.44K | $-223.88K | $27.77K | $-319.44K | $-804.13K | $-438.62K | $25.25K | $31.98K | $109.65K | $-600.00K | $91.38K | $584.82K | $438.62K | $156.35K | $22.95K | $498.93K | $341.15K | $-56.85K | $-199.10K | $-1.11M | $-26.83M |
| High Forecast | $-84.65K | $-456.71K | $-914.48K | $-1.30M | $-66.31K | $-655.00K | $-1.11M | $36.66K | $1.23M | $-652.44K | $-223.88K | $33.33K | $-255.55K | $-804.13K | $-438.62K | $30.30K | $31.98K | $109.65K | $-480.00K | $91.38K | $584.82K | $438.62K | $156.35K | $27.54K | $498.93K | $341.15K | $-56.85K | $-159.28K | $-885.09K | $-21.46M |
| Low Forecast | $-84.65K | $-456.71K | $-914.48K | $-1.30M | $-66.31K | $-1.09M | $-1.11M | $24.44K | $-153.79K | $-652.44K | $-223.88K | $22.22K | $-383.33K | $-804.13K | $-438.62K | $20.20K | $31.98K | $109.65K | $-720.00K | $91.38K | $584.82K | $438.62K | $156.35K | $18.36K | $498.93K | $341.15K | $-56.85K | $-238.92K | $-1.33M | $-32.20M |
| Surprise % | - | - | - | - | - | - | - | - | 5.92% | 2.87% | 12.05% | -63.88% | 3.27% | -21.26% | -27.48% | 100.29% | -103.53% | -8.65% | 0.42% | 0.86% | -0.38% | 1.29% | 5.54% | 0.57% | 2.66% | 1.31% | -6.81% | 1.82% | 1.10% | 0.16% |
ShotSpotter's average Quarter net income forecast for Mar 24 is $30.55K, with a range of $24.44K to $36.66K. SSTI's average Quarter net income forecast represents a -99.16% decrease compared to the company's last Quarter net income of $3.64M (Dec 23).
ShotSpotter SG&A Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 7 |
| SG&A | - | - | - | - | - | - | - | - | $12.13M | $11.97M | $12.96M | $10.46M | $9.73M | $9.22M | $9.35M | $9.51M | $8.77M | $7.24M | $6.74M | $6.81M | $6.20M | $4.44M | $4.64M | $4.79M | $4.24M | $4.23M | $4.32M | $4.62M | $3.58M | $2.34M |
| Avg Forecast | $13.97M | $13.18M | $12.96M | $12.33M | $12.65M | $12.21M | $11.91M | $11.25M | $12.35M | $11.05M | $10.31M | $10.23M | $9.01M | $9.32M | $9.33M | $9.30M | $7.57M | $7.03M | $7.01M | $6.32M | $5.50M | $5.26M | $5.04M | $8.45M | $4.94M | $5.12M | $4.90M | $2.54M | $3.26M | $14.58M |
| High Forecast | $13.97M | $13.18M | $12.96M | $12.33M | $12.65M | $12.24M | $11.91M | $13.50M | $12.49M | $11.05M | $10.31M | $12.27M | $10.81M | $9.32M | $9.33M | $11.16M | $7.57M | $7.03M | $7.01M | $6.32M | $5.50M | $5.26M | $5.04M | $10.14M | $4.94M | $5.12M | $4.90M | $3.05M | $3.91M | $17.50M |
| Low Forecast | $13.97M | $13.18M | $12.96M | $12.33M | $12.65M | $12.18M | $11.91M | $9.00M | $12.08M | $11.05M | $10.31M | $8.18M | $7.21M | $9.32M | $9.33M | $7.44M | $7.57M | $7.03M | $7.01M | $6.32M | $5.50M | $5.26M | $5.04M | $6.76M | $4.94M | $5.12M | $4.90M | $2.03M | $2.61M | $11.66M |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | 1.08% | 1.26% | 1.02% | 1.08% | 0.99% | 1.00% | 1.02% | 1.16% | 1.03% | 0.96% | 1.08% | 1.13% | 0.84% | 0.92% | 0.57% | 0.86% | 0.83% | 0.88% | 1.82% | 1.10% | 0.16% |
ShotSpotter's average Quarter SG&A projection for Mar 24 is $11.25M, based on 4 Wall Street analysts, with a range of $9.00M to $13.50M. The forecast indicates a -7.26% fall compared to SSTI last annual SG&A of $12.13M (Dec 23).
ShotSpotter EPS Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Jun 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 7 |
| EPS | - | - | - | - | - | - | - | - | $0.29 | $-0.15 | $-0.22 | $-0.14 | $-0.09 | $1.41 | $0.99 | $0.21 | $-0.28 | $-0.08 | $-0.02 | $0.01 | $-0.02 | $0.05 | $0.08 | - | $0.12 | $0.04 | $0.03 | $-0.03 | $-0.12 | $-1.16 |
| Avg Forecast | $-0.01 | $-0.04 | $-0.07 | $-0.10 | $-0.01 | $-0.07 | $-0.09 | $-0.08 | $0.05 | $-0.05 | $-0.02 | $0.01 | $-0.00 | $-0.06 | $-0.03 | $0.05 | - | $0.01 | $0.02 | $0.01 | $0.05 | $0.03 | $0.01 | $0.03 | $0.04 | $0.03 | $-0.00 | $-0.01 | $-0.10 | $-0.81 |
| High Forecast | $-0.01 | $-0.04 | $-0.07 | $-0.10 | $-0.01 | $-0.05 | $-0.09 | $-0.08 | $0.10 | $-0.05 | $-0.02 | $0.01 | $-0.00 | $-0.06 | $-0.03 | $0.05 | - | $0.01 | $0.02 | $0.01 | $0.05 | $0.03 | $0.01 | $0.03 | $0.04 | $0.03 | $-0.00 | $-0.01 | $-0.08 | $-0.65 |
| Low Forecast | $-0.01 | $-0.04 | $-0.07 | $-0.10 | $-0.01 | $-0.09 | $-0.09 | $-0.08 | $-0.01 | $-0.05 | $-0.02 | $0.01 | $-0.00 | $-0.06 | $-0.03 | $0.05 | - | $0.01 | $0.02 | $0.01 | $0.05 | $0.03 | $0.01 | $0.03 | $0.04 | $0.03 | $-0.00 | $-0.01 | $-0.12 | $-0.97 |
| Surprise % | - | - | - | - | - | - | - | - | 6.03% | 2.94% | 12.57% | -12.25% | 19.95% | -22.43% | -28.87% | 4.50% | -112.00% | -9.33% | -0.93% | 0.95% | -0.44% | 1.46% | 6.55% | 0.04% | 3.08% | 1.50% | -6.75% | 4.29% | 1.20% | 1.43% |
According to 4 Wall Street analysts, ShotSpotter's projected average Quarter EPS for Mar 24 is $-0.08, with a low estimate of $-0.08 and a high estimate of $-0.08. This represents a -127.59% decrease compared to SSTI previous annual EPS of $0.29 (Dec 23).
ShotSpotter Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ONTF | ON24 | $5.94 | $18.00 | 203.03% | - |
| RSSS | Research Solutions | $2.60 | $5.00 | 92.31% | Buy |
| SSTI | ShotSpotter | $9.84 | $18.75 | 90.55% | Buy |
| PRO | PROS | $20.73 | $32.67 | 57.60% | Buy |
| ETWO | E2open Parent | $2.94 | $4.40 | 49.66% | Hold |
| PYCR | Paycor HCM | $15.71 | $22.00 | 40.04% | Hold |
| BLKB | Blackbaud | $76.69 | $74.33 | -3.08% | Buy |
| MLNK | MeridianLink | $23.09 | $20.00 | -13.38% | Buy |
SSTI Forecast FAQ
Is ShotSpotter a good buy?
Yes, according to 7 Wall Street analysts, ShotSpotter (SSTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of SSTI's total ratings.
What is SSTI's price target?
ShotSpotter (SSTI) average price target is $18.75 with a range of $17.5 to $20, implying a 90.55% from its last price of $9.84. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will ShotSpotter stock go up soon?
According to Wall Street analysts' prediction for SSTI stock, the company can go up by 90.55% (from the last price of $9.84 to the average price target of $18.75), up by 103.25% based on the highest stock price target, and up by 77.85% based on the lowest stock price target.
Can ShotSpotter stock reach $15?
SSTI's average twelve months analyst stock price target of $18.75 supports the claim that ShotSpotter can reach $15 in the near future.
What are ShotSpotter's analysts' financial forecasts?
ShotSpotter's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $103.38M (high $103.44M, low $103.32M), average EBITDA is $3.85M (high $4.5M, low $3.21M), average net income is $-2.024M (high $-1.799M, low $-2.248M), average SG&A $48.01M (high $50.29M, low $45.74M), and average EPS is $-0.241 (high $-0.224, low $-0.258). SSTI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $111.61M (high $111.61M, low $111.61M), average EBITDA is $875.52K (high $875.52K, low $875.52K), average net income is $-2.76M (high $-2.76M, low $-2.76M), average SG&A $52.44M (high $52.44M, low $52.44M), and average EPS is $-0.216 (high $-0.216, low $-0.216).
Did the SSTI's actual financial results beat the analysts' financial forecasts?
Based on ShotSpotter's last annual report (Dec 2023), the company's revenue was $92.72M, which missed the average analysts forecast of $93.71M by -1.06%. Apple's EBITDA was $3.94M, beating the average prediction of $3.51M by 12.31%. The company's net income was $-2.718M, beating the average estimation of $-233K by 1064.60%. Apple's SG&A was $47.52M, beating the average forecast of $43.94M by 8.15%. Lastly, the company's EPS was $-0.22, beating the average prediction of $-0.00899 by 2348.53%. In terms of the last quarterly report (Dec 2023), ShotSpotter's revenue was $26.04M, missing the average analysts' forecast of $26.29M by -0.94%. The company's EBITDA was $2.31M, beating the average prediction of $206.24K by 1018.14%. ShotSpotter's net income was $3.64M, beating the average estimation of $615.16K by 492.20%. The company's SG&A was $12.13M, missing the average forecast of $12.35M by -1.80%. Lastly, the company's EPS was $0.29, beating the average prediction of $0.0481 by 503.09%