ShotSpotter (SSTI) Stock Forecast, Price Target & Predictions
SSTI Stock Forecast
ShotSpotter stock forecast is as follows: an average price target of $16.00 (represents a 29.76% upside from SSTI’s last price of $12.33) 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 $16.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $16.00. This represents a potential 29.76% upside from SSTI's last price of $12.33.
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 |
|---|---|---|---|---|---|---|
| Nov 13, 2024 | Jeremy Hamblin | Craig-Hallum | $16.00 | $14.26 | 12.20% | 29.76% |
| Aug 07, 2024 | Jeremy Hamblin | Craig-Hallum | $17.50 | $14.45 | 21.11% | 41.93% |
| May 15, 2024 | Jeremy Hamblin | Craig-Hallum | $19.00 | $14.04 | 35.33% | 54.10% |
| May 15, 2024 | Jonathan Ruykhaver | Cantor Fitzgerald | $20.00 | $14.40 | 38.89% | 62.21% |
The latest ShotSpotter stock forecast, released on Nov 13, 2024 by Jeremy Hamblin from Craig-Hallum, set a price target of $16.00, which represents a 12.20% increase from the stock price at the time of the forecast ($14.26), and a 29.76% increase from SSTI last price ($12.33).
ShotSpotter Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $16.00 | $18.13 |
| Last Closing Price | $12.33 | $12.33 | $12.33 |
| Upside/Downside | -100.00% | 29.76% | 47.04% |
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 $12.33. 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 |
|---|---|---|---|---|
| Nov 13, 2024 | Craig-Hallum | Hold | Hold | Hold |
| 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 Nov 13, 2024. The company gave SSTI a "Hold" rating, the same as its previous rate.
ShotSpotter Financial Forecast
ShotSpotter 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $30.40M | $27.30M | $24.60M | $26.50M | $28.22M | $27.36M | $26.73M | $25.64M | $26.65M | $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 |
| High Forecast | $31.09M | $27.92M | $25.16M | $27.10M | $28.87M | $27.99M | $27.34M | $25.89M | $27.05M | $25.99M | $25.34M | $25.12M | $26.57M | $23.52M | $22.44M | $22.45M | $21.87M | $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 |
| Low Forecast | $29.74M | $26.71M | $24.07M | $25.93M | $27.62M | $26.77M | $26.16M | $25.38M | $26.27M | $25.99M | $25.34M | $25.12M | $25.71M | $23.52M | $21.47M | $21.48M | $20.92M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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% |
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 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 | Jun 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 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 |
| Avg Forecast | $3.51M | $3.15M | $2.84M | $3.06M | $3.26M | $3.16M | $3.09M | $2.96M | $3.08M | $3.00M | $2.93M | $3.24M | $3.03M | $2.71M | $2.53M | $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 |
| High Forecast | $3.59M | $3.22M | $2.90M | $3.13M | $3.33M | $3.23M | $3.16M | $2.99M | $3.12M | $3.00M | $2.93M | $3.89M | $3.07M | $2.71M | $2.59M | $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 |
| Low Forecast | $3.43M | $3.08M | $2.78M | $2.99M | $3.19M | $3.09M | $3.02M | $2.93M | $3.03M | $3.00M | $2.93M | $2.59M | $2.97M | $2.71M | $2.48M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | -0.49% | -1.72% | -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% |
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 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 | Jun 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 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 |
| Avg Forecast | $1.02M | $-253.78K | $-1.52M | $-1.02M | $-107.86K | $-460.78K | $-1.03M | $-1.24M | $54.38K | $-866.23K | $-1.11M | $30.55K | $610.16K | $-647.13K | $-222.05K | $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 |
| High Forecast | $1.05M | $-246.66K | $-1.48M | $-986.66K | $-104.83K | $-447.87K | $-1.00M | $-970.63K | $339.90K | $-841.96K | $-1.07M | $36.66K | $1.22M | $-629.00K | $-215.83K | $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 |
| Low Forecast | $986.66K | $-261.31K | $-1.57M | $-1.05M | $-111.06K | $-474.45K | $-1.06M | $-1.41M | $-271.92K | $-891.93K | $-1.14M | $24.44K | $-152.54K | $-666.33K | $-228.64K | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.97% | 2.90% | 12.15% | -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% |
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 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 | Jun 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 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 |
| Avg Forecast | $14.28M | $12.83M | $11.56M | $12.45M | $13.26M | $12.85M | $12.56M | $12.04M | $12.52M | $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 |
| High Forecast | $14.61M | $13.12M | $11.82M | $12.73M | $13.56M | $13.15M | $12.85M | $12.16M | $12.71M | $12.21M | $11.91M | $13.50M | $12.49M | $11.05M | $10.54M | $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 |
| Low Forecast | $13.97M | $12.55M | $11.31M | $12.18M | $12.97M | $12.58M | $12.29M | $11.92M | $12.34M | $12.21M | $11.91M | $9.00M | $12.08M | $11.05M | $10.09M | $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 |
| 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% |
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 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 | Jun 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 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 15 | 9 | 9 | 16 | 8 |
| 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 |
| Avg Forecast | $0.08 | $-0.02 | $-0.12 | $-0.08 | $-0.01 | $-0.04 | $-0.08 | $-0.10 | - | $-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 |
| High Forecast | $0.08 | $-0.02 | $-0.12 | $-0.08 | $-0.01 | $-0.04 | $-0.08 | $-0.08 | $0.03 | $-0.07 | $-0.08 | $-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 |
| Low Forecast | $0.08 | $-0.02 | $-0.12 | $-0.08 | $-0.01 | $-0.04 | $-0.08 | $-0.11 | $-0.02 | $-0.07 | $-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 |
| 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% |
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 | $6.68 | $18.00 | 169.46% | |
| ETWO | E2open Parent | $3.10 | $4.20 | 35.48% | Hold |
| PRO | PROS | $23.97 | $32.00 | 33.50% | Buy |
| SSTI | ShotSpotter | $12.71 | $16.00 | 25.89% | Buy |
| RSSS | Research Solutions | $4.00 | $5.00 | 25.00% | Buy |
| BLKB | Blackbaud | $77.68 | $87.50 | 12.64% | Buy |
| MLNK | MeridianLink | $22.18 | $22.75 | 2.57% | Buy |
| PYCR | Paycor HCM | $20.16 | $18.25 | -9.47% | Hold |