Velocity Financial (VEL) Stock Forecast, Price Target & Predictions
VEL Stock Forecast
Velocity Financial stock forecast is as follows: an average price target of $22.00 (represents a 11.85% upside from VEL’s last price of $19.67) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
VEL Price Target
The average price target for Velocity Financial (VEL) is $22.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential 11.85% upside from VEL's last price of $19.67.
VEL Analyst Ratings
According to 8 Wall Street analysts, Velocity Financial's rating consensus is 'Buy'. The analyst rating breakdown for VEL stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Velocity Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 30, 2024 | Stephen Laws | Raymond James | $22.00 | $18.18 | 20.98% | 11.85% |
The latest Velocity Financial stock forecast, released on May 30, 2024 by Stephen Laws from Raymond James, set a price target of $22.00, which represents a 20.98% increase from the stock price at the time of the forecast ($18.18), and a 11.85% increase from VEL last price ($19.67).
Velocity Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $22.00 |
| Last Closing Price | $19.67 | $19.67 | $19.67 |
| Upside/Downside | -100.00% | -100.00% | 11.85% |
In the current month, the average price target of Velocity Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Velocity Financial's last price of $19.67. 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 |
|---|---|---|---|---|
| Aug 02, 2024 | BTIG | Buy | Buy | Hold |
| Aug 02, 2024 | JMP Securities | Outperform | Outperform | Hold |
| May 30, 2024 | Raymond James | Outperform | Outperform | Hold |
| Apr 30, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Dec 12, 2023 | BTIG | Buy | Buy | Hold |
| Oct 06, 2023 | Citigroup | Neutral | Neutral | Hold |
| Oct 13, 2022 | UBS | - | Buy | Initialise |
| Oct 13, 2022 | MKM Partners | - | Buy | Initialise |
| Oct 13, 2022 | Raymond James | - | Strong Buy | Initialise |
| Oct 13, 2022 | Goldman Sachs | - | Buy | Initialise |
Velocity Financial's last stock rating was published by BTIG on Aug 02, 2024. The company gave VEL a "Buy" rating, the same as its previous rate.
Velocity Financial Financial Forecast
Velocity Financial 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $107.94M | - | - | $33.08M | $28.42M | $24.04M | - | $14.55M | $21.37M | $20.44M | $20.61M | $13.49M | $20.93M | $16.30M | $39.91M | $14.83M | $16.26M |
| Avg Forecast | $247.53M | $227.64M | $209.34M | $192.52M | $58.70M | $57.70M | $56.90M | $55.50M | $44.84M | $43.78M | $50.20M | $46.20M | $47.50M | $37.30M | $35.70M | $30.20M | $27.70M | $27.60M | $27.30M | $25.70M | $22.00M | $20.90M | $19.70M | $18.90M | $18.00M | $16.20M | $18.20M | $15.70M | $17.30M |
| High Forecast | $247.53M | $227.64M | $209.34M | $192.52M | $58.70M | $57.70M | $56.90M | $55.50M | $44.84M | $43.78M | $50.20M | $46.20M | $47.50M | $37.30M | $35.70M | $30.20M | $27.70M | $27.60M | $27.30M | $27.37M | $23.43M | $22.26M | $20.98M | $20.13M | $19.17M | $17.25M | $19.38M | $16.72M | $18.43M |
| Low Forecast | $247.53M | $227.64M | $209.34M | $192.52M | $58.70M | $57.70M | $56.90M | $55.50M | $44.84M | $43.78M | $50.20M | $46.20M | $47.50M | $37.30M | $35.70M | $30.20M | $27.70M | $27.60M | $27.30M | $24.03M | $20.57M | $19.54M | $18.42M | $17.67M | $16.83M | $15.14M | $17.01M | $14.68M | $16.17M |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.27% | - | - | 1.10% | 1.03% | 0.87% | - | 0.57% | 0.97% | 0.98% | 1.05% | 0.71% | 1.16% | 1.01% | 2.19% | 0.94% | 0.94% |
Velocity Financial's average Quarter revenue forecast for Mar 24 based on 0 analysts is $46.20M, with a low forecast of $46.20M, and a high forecast of $46.20M. VEL's average Quarter revenue forecast represents a -57.20% decrease compared to the company's last Quarter revenue of $107.94M (Dec 23).
Velocity Financial 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $78.64M | $17.36M | $14.04M | $12.56M | $27.98M | $52.83M | - | $45.14M | $40.15M | $36.34M | $38.26M | $33.45M | $35.71M | $29.90M | $-19.84M | $33.52M | $35.59M |
| Avg Forecast | $162.46M | $149.41M | $137.40M | $126.35M | $38.53M | $37.87M | $37.34M | $36.43M | $29.43M | $28.73M | $32.95M | $30.32M | $31.17M | $24.48M | $23.43M | $19.82M | $18.18M | $18.11M | $17.92M | $17.20M | $14.44M | $13.72M | $12.93M | $12.40M | $11.81M | $10.63M | $-23.63M | $10.30M | $11.35M |
| High Forecast | $162.46M | $149.41M | $137.40M | $126.35M | $38.53M | $37.87M | $37.34M | $36.43M | $29.43M | $28.73M | $32.95M | $30.32M | $31.17M | $24.48M | $23.43M | $19.82M | $18.18M | $18.11M | $17.92M | $20.64M | $15.38M | $14.61M | $13.77M | $13.21M | $12.58M | $11.32M | $-18.90M | $10.97M | $12.09M |
| Low Forecast | $162.46M | $149.41M | $137.40M | $126.35M | $38.53M | $37.87M | $37.34M | $36.43M | $29.43M | $28.73M | $32.95M | $30.32M | $31.17M | $24.48M | $23.43M | $19.82M | $18.18M | $18.11M | $17.92M | $13.76M | $13.50M | $12.82M | $12.09M | $11.60M | $11.04M | $9.94M | $-28.35M | $9.63M | $10.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.52% | 0.71% | 0.60% | 0.63% | 1.54% | 2.92% | - | 2.62% | 2.78% | 2.65% | 2.96% | 2.70% | 3.02% | 2.81% | 0.84% | 3.25% | 3.13% |
0 analysts predict VEL's average Quarter EBITDA for Mar 24 to be $30.32M, with a high of $30.32M and a low of $30.32M. This is -61.44% lower than Velocity Financial's previous annual EBITDA (Dec 23) of $78.64M.
Velocity Financial 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $17.13M | $11.90M | $12.00M | $10.65M | $8.46M | $9.98M | - | $3.12M | $8.35M | $8.02M | $9.45M | $3.40M | $9.58M | $3.48M | $2.14M | $2.58M | $5.18M |
| Avg Forecast | $21.17M | $19.98M | $19.15M | $18.17M | $17.92M | $17.33M | $16.85M | $16.14M | $17.18M | $17.00M | $14.49M | $13.88M | $13.40M | $12.59M | $11.59M | $10.37M | $10.18M | $7.98M | $10.27M | $1.89M | $8.37M | $7.26M | $7.45M | $3.40M | $4.48M | $5.20M | $2.55M | $2.75M | $17.04M |
| High Forecast | $21.17M | $19.98M | $19.15M | $18.17M | $17.92M | $17.33M | $16.85M | $16.14M | $17.18M | $17.00M | $14.49M | $13.88M | $13.40M | $12.59M | $11.59M | $10.37M | $10.18M | $9.58M | $10.27M | $2.27M | $9.08M | $8.71M | $8.94M | $4.08M | $4.86M | $5.63M | $3.06M | $3.29M | $18.48M |
| Low Forecast | $21.17M | $19.98M | $19.15M | $18.17M | $17.92M | $17.33M | $16.85M | $16.14M | $17.18M | $17.00M | $14.49M | $13.88M | $13.40M | $12.59M | $11.59M | $10.37M | $10.18M | $6.39M | $10.27M | $1.51M | $7.66M | $5.81M | $5.96M | $2.72M | $4.10M | $4.76M | $2.04M | $2.20M | $15.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 0.95% | 1.03% | 1.03% | 0.83% | 1.25% | - | 1.65% | 1.00% | 1.11% | 1.27% | 1.00% | 2.14% | 0.67% | 0.84% | 0.94% | 0.30% |
Velocity Financial's average Quarter net income forecast for Mar 24 is $13.88M, with a range of $13.88M to $13.88M. VEL's average Quarter net income forecast represents a -18.95% decrease compared to the company's last Quarter net income of $17.13M (Dec 23).
Velocity Financial 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $854.00K | $1.06M | $10.45M | $12.23M | $7.23M | - | $5.76M | $12.14M | $5.18M | $4.98M | $5.65M | $11.05M | $6.11M | $6.31M | $5.50M | $10.18M |
| Avg Forecast | $80.79M | $74.29M | $68.32M | $62.83M | $19.16M | $18.83M | $18.57M | $18.11M | $14.63M | $14.29M | $16.38M | $15.08M | $15.50M | $12.17M | $11.65M | $9.86M | $9.04M | $5.16M | $8.91M | $838.15K | $7.18M | $4.69M | $3.92M | $5.65M | $5.87M | $5.29M | $7.51M | $5.85M | $5.65M |
| High Forecast | $80.79M | $74.29M | $68.32M | $62.83M | $19.16M | $18.83M | $18.57M | $18.11M | $14.63M | $14.29M | $16.38M | $15.08M | $15.50M | $12.17M | $11.65M | $9.86M | $9.04M | $6.19M | $8.91M | $1.01M | $7.65M | $5.63M | $4.70M | $6.78M | $6.26M | $5.63M | $9.02M | $7.02M | $6.01M |
| Low Forecast | $80.79M | $74.29M | $68.32M | $62.83M | $19.16M | $18.83M | $18.57M | $18.11M | $14.63M | $14.29M | $16.38M | $15.08M | $15.50M | $12.17M | $11.65M | $9.86M | $9.04M | $4.13M | $8.91M | $670.52K | $6.71M | $3.75M | $3.14M | $4.52M | $5.49M | $4.94M | $6.01M | $4.68M | $5.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.07% | 0.09% | 1.06% | 1.35% | 1.40% | - | 6.88% | 1.69% | 1.11% | 1.27% | 1.00% | 1.88% | 1.16% | 0.84% | 0.94% | 1.80% |
Velocity Financial's average Quarter SG&A projection for Dec 23 is $15.50M, based on 1 Wall Street analysts, with a range of $15.50M to $15.50M. The forecast indicates a 1715.14% rise compared to VEL last annual SG&A of $854.00K (Sep 23).
Velocity Financial 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.49 | $0.37 | $0.37 | $0.33 | $0.26 | $0.31 | - | $0.10 | $0.27 | $0.25 | $0.29 | $0.11 | $0.48 | $0.17 | $0.11 | $0.13 | $0.26 |
| Avg Forecast | $0.59 | $0.56 | $0.54 | $0.51 | $0.50 | $0.49 | $0.47 | $0.45 | $0.48 | $0.48 | $0.41 | $0.39 | $0.38 | $0.35 | $0.33 | $0.29 | $0.29 | $0.30 | $0.29 | $0.26 | $0.24 | $0.20 | $0.17 | $0.20 | $0.13 | $0.15 | $0.21 | $0.18 | $0.49 |
| High Forecast | $0.59 | $0.56 | $0.54 | $0.51 | $0.50 | $0.49 | $0.47 | $0.45 | $0.48 | $0.48 | $0.41 | $0.39 | $0.38 | $0.35 | $0.33 | $0.29 | $0.29 | $0.30 | $0.29 | $0.28 | $0.26 | $0.22 | $0.18 | $0.22 | $0.14 | $0.16 | $0.23 | $0.19 | $0.53 |
| Low Forecast | $0.59 | $0.56 | $0.54 | $0.51 | $0.50 | $0.49 | $0.47 | $0.45 | $0.48 | $0.48 | $0.41 | $0.39 | $0.38 | $0.35 | $0.33 | $0.29 | $0.29 | $0.30 | $0.29 | $0.24 | $0.22 | $0.19 | $0.15 | $0.18 | $0.12 | $0.14 | $0.19 | $0.16 | $0.45 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.05% | 1.14% | 1.13% | 0.91% | 1.04% | - | 0.38% | 1.13% | 1.22% | 1.71% | 0.55% | 3.75% | 1.14% | 0.51% | 0.73% | 0.53% |
According to 0 Wall Street analysts, Velocity Financial's projected average Quarter EPS for Mar 24 is $0.39, with a low estimate of $0.39 and a high estimate of $0.39. This represents a -20.41% decrease compared to VEL previous annual EPS of $0.49 (Dec 23).
Velocity Financial Peer Comparison by Price Target
VEL Forecast FAQ
Is Velocity Financial a good buy?
Yes, according to 8 Wall Street analysts, Velocity Financial (VEL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of VEL's total ratings.
What is VEL's price target?
Velocity Financial (VEL) average price target is $22 with a range of $22 to $22, implying a 11.85% from its last price of $19.67. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Velocity Financial stock go up soon?
According to Wall Street analysts' prediction for VEL stock, the company can go up by 11.85% (from the last price of $19.67 to the average price target of $22), up by 11.85% based on the highest stock price target, and up by 11.85% based on the lowest stock price target.
Can Velocity Financial stock reach $30?
VEL's average twelve months analyst stock price target of $22 does not support the claim that Velocity Financial can reach $30 in the near future.
What are Velocity Financial's analysts' financial forecasts?
Velocity Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $228.8M (high $228.8M, low $228.8M), average EBITDA is $150.17M (high $150.17M, low $150.17M), average net income is $68.23M (high $68.23M, low $68.23M), average SG&A $74.67M (high $74.67M, low $74.67M), and average EPS is $1.92 (high $1.92, low $1.92). VEL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $877.04M (high $877.04M, low $877.04M), average EBITDA is $575.62M (high $575.62M, low $575.62M), average net income is $78.47M (high $78.47M, low $78.47M), average SG&A $286.24M (high $286.24M, low $286.24M), and average EPS is $2.2 (high $2.2, low $2.2).
Did the VEL's actual financial results beat the analysts' financial forecasts?
Based on Velocity Financial's last annual report (Dec 2023), the company's revenue was $376.69M, beating the average analysts forecast of $150.7M by 149.96%. Apple's EBITDA was $275.3M, beating the average prediction of $98.91M by 178.34%. The company's net income was $51.52M, beating the average estimation of $47.95M by 7.44%. Apple's SG&A was $0, missing the average forecast of $49.18M by -100.00%. Lastly, the company's EPS was $1.49, beating the average prediction of $1.35 by 10.62%. In terms of the last quarterly report (Dec 2023), Velocity Financial's revenue was $107.94M, beating the average analysts' forecast of $47.5M by 127.26%. The company's EBITDA was $78.64M, beating the average prediction of $31.17M by 152.28%. Velocity Financial's net income was $17.13M, beating the average estimation of $13.4M by 27.83%. The company's SG&A was $0, missing the average forecast of $15.5M by -100.00%. Lastly, the company's EPS was $0.49, beating the average prediction of $0.376 by 30.17%