Orbcomm Inc (ORBC) Forecast, Price Target & Analyst Ratings

NASDAQ:ORBC

Current stock price

11.49
+0.01 (+0.09%)
At close:
11.49
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Orbcomm Inc (ORBC).

Forecast Snapshot

Consensus Price Target

Price Target
$11.73
+ 2.09% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 23, 2022
Period
Q3 / 2021
EPS Estimate
-$0.03
Revenue Estimate
70.599M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
46.60%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$11.73
Upside
+ 2.09%
From current price of $11.49 to mean target of $11.73, Based on 3 analyst forecasts
Low
$11.62
Median
$11.73
High
$12.08

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

3 Wall Street analysts provided a forecast for the next 12 months for ORBC. The average price target is 11.73 null. This implies a price increase of 2.09% is expected in the next year compared to the current price of 11.49.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ORBC Current Analyst RatingORBC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5

Analyst Ratings History

ORBC Historical Analyst RatingsORBC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 1 2 3 4

Analyst Ratings Consensus

ChartMill Buy Consensus
46.60%
ORBC was analyzed by 3 analysts. The buy percentage consensus is at 47. So analysts seem to be rather neutral about ORBC.
In the previous month the buy percentage consensus was at a similar level.
Only 3 analysts analyzed ORBC. So this is just the average opinion of a couple of analysts.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-05-11Northland Capital MarketsDowngrade Outperform -> Market Perform
2021-04-09Canaccord GenuityDowngrade Buy -> Hold
2021-04-08Roth CapitalDowngrade Buy -> Neutral
2021-04-08Canaccord GenuityDowngrade Buy -> Hold
2021-02-25Roth CapitalMaintains Buy
2021-02-25Raymond JamesMaintains Strong Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 23, 2022
Period
Q3 / 2021
EPS Estimate
-$0.03
Revenue Estimate
70.599M
Revenue Q2Q
15.58%
EPS Q2Q
61.09%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

ORBC is expected to report earnings on 2/23/2022. The consensus EPS estimate for the next earnings is -0.03 null and the consensus revenue estimate is 70.60M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2021 - 2024

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Revenue
YoY % growth
ORBC revenue by date.ORBC revenue by date.
N/AN/A
6.13%		N/A
31.96%		N/A
14.39%		N/A
-4.72%		N/A
-9.48%		N/A
10.34%		N/A
9.85%		N/A
8.47%		N/A
10.09%
EBITDA
YoY % growth
ORBC ebitda by date.ORBC ebitda by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
ORBC ebit by date.ORBC ebit by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Margin
ORBC operating margin by date.ORBC operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
ORBC eps by date.ORBC eps by date.
-0.01-0.19
-1,800.00%		-0.79
-315.79%		-0.33
58.23%		-0.23
30.30%		-0.29
-26.09%		N/A
59.55%		N/A
134.78%		N/A
-65.33%		N/A

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 21 Q4 / 21 Q1 / 22 Q2 / 22 Q3 / 22 Q4 / 22
EPS
Q2Q % growth		-0.03
61.09%		-0.01
78.84%		-0.02
64.30%		0.00
102.55%		0.02
174.91%		0.04
551.81%
Revenue
Q2Q % growth		70.599M
15.58%		74.599M
18.68%		70.99M
12.14%		74.44M
10.41%		77.691M
10.05%		81.215M
8.87%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ORBC Yearly Revenue VS EstimatesORBC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
ORBC Yearly EPS VS EstimatesORBC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -0.2 -0.4 -0.6 -0.8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
27.01%
EPS Next 5 Year
19.64%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.55%
Revenue Next 5 Year
9.69%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Orbcomm Inc / ORBC Forecast FAQ

What do analysts expect the price target to be for Orbcomm Inc (ORBC)?

3 analysts have analysed ORBC and the average price target is 11.73 null. This implies a price increase of 2.09% is expected in the next year compared to the current price of 11.49.

What is the next earnings date for ORBC stock?

Orbcomm Inc (ORBC) will report earnings on 2022-02-23, before the market open.

Can you provide the consensus estimates for Orbcomm Inc next earnings?

The consensus EPS estimate for the next earnings of Orbcomm Inc (ORBC) is -0.03 null and the consensus revenue estimate is 70.60M null.

Can you provide the expected long term growth rate for Orbcomm Inc stock?

The expected long term growth rate for Orbcomm Inc (ORBC) is 9.55%.