Ping Identity Holding Corp (PING) Forecast, Price Target & Analyst Ratings

NYSE:PINGUS72341T1034

Current stock price

28.5 USD
+0.03 (+0.11%)
At close:
28.51 USD
+0.01 (+0.04%)
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 Ping Identity Holding Corp (PING).

Forecast Snapshot

Consensus Price Target

Price Target
$29.27
+ 2.72% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 11, 2022
Period
Q3 / 2022
EPS Estimate
-$0.10
Revenue Estimate
84.672M

ChartMill Buy Consensus

Rating
54.74%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$29.27
Upside
+ 2.72%
From current price of $28.50 to mean target of $29.27, Based on 19 analyst forecasts
Low
$28.28
Median
$29.07
High
$32.55

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

19 Wall Street analysts provided a forecast for the next 12 months for PING. The average price target is 29.27 USD. This implies a price increase of 2.72% is expected in the next year compared to the current price of 28.5.

Analyst Ratings & History

Current Analyst Ratings

PING Current Analyst RatingPING Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

PING Historical Analyst RatingsPING 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 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
54.74%
PING was analyzed by 19 analysts. The buy percentage consensus is at 55. So analysts seem to be rather neutral about PING.
In the previous month the buy percentage consensus was at a similar level.
PING was analyzed by 19 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-08-04MizuhoMaintains Neutral
2022-08-04BTIGDowngrade Buy -> Neutral
2022-08-04KeybancDowngrade Overweight -> Sector Weight
2022-08-04Stephens & Co.Downgrade Overweight -> Equal-Weight
2022-08-03DA DavidsonDowngrade Buy -> Neutral
2022-08-03KeybancDowngrade Overweight -> Sector Weight
2022-08-03StifelDowngrade Buy -> Hold
2022-08-03Wells FargoDowngrade Overweight -> Equal-Weight
2022-08-01RBC CapitalMaintains Outperform
2022-07-29B of A SecuritiesDowngrade Buy -> Neutral
2022-07-28Raymond JamesDowngrade Strong Buy -> Market Perform
2022-07-22KeybancMaintains Overweight
2022-07-19MizuhoMaintains Neutral
2022-07-18Wells FargoMaintains Overweight
2022-07-12BarclaysMaintains Overweight
2022-05-05MizuhoMaintains Neutral
2022-05-05Stephens & Co.Maintains Overweight
2022-05-05Raymond JamesMaintains Strong Buy
2022-04-12DA DavidsonInitiate Buy
2022-04-12Goldman SachsMaintains Buy
2022-02-25Deutsche BankMaintains Hold
2022-02-14BTIGMaintains Buy
2022-01-19BarclaysMaintains Overweight
2021-11-04RBC CapitalMaintains Outperform
2021-11-04Raymond JamesMaintains Strong Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 11, 2022
Period
Q3 / 2022
EPS Estimate
-$0.10
Revenue Estimate
84.672M
Revenue Q2Q
11.14%
EPS Q2Q
-239.10%
Number of Analysts
16

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

PING is expected to report earnings on 11/11/2022. The consensus EPS estimate for the next earnings is -0.1 USD and the consensus revenue estimate is 84.67M USD.

Full Analyst Estimates 2022 - 2026

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

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
PING revenue by date.PING revenue by date.
242.9M
20.49%
243.6M
0.29%
299.449M
22.93%
341.843M
14.16%
406.065M
18.79%
494.955M
21.89%
583.944M
17.98%
702.71M
20.34%
EBITDA
YoY % growth
PING ebitda by date.PING ebitda by date.
40.28M
-13.64%
10.57M
-73.76%
-36.038M
-440.95%
-8.302M
76.96%
14.236M
271.47%
52.02M
265.41%
127.5M
145.10%
318.75M
150.00%
EBIT
YoY % growth
PING ebit by date.PING ebit by date.
7.3M
-54.09%
-26.7M
-465.75%
-80.422M
-201.21%
-15.75M
80.42%
5.236M
133.25%
28.917M
452.23%
70.875M
145.10%
177.188M
150.00%
Operating Margin
PING operating margin by date.PING operating margin by date.
3.01%-10.96%-26.86%-4.61%1.29%5.84%12.14%25.21%
EPS
YoY % growth
PING eps by date.PING eps by date.
N/A0.34
-30.77%
0.09
-73.53%
-0.51
-665.20%
-0.15
70.85%
0.09
161.92%
0.04
-55.36%
0.02
-54.47%

All data in USD

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

Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.10
-239.10%
-0.08
42.12%
0.00
103.96%
-0.11
66.60%
-0.03
64.47%
-0.01
83.73%
Revenue
Q2Q % growth
84.672M
11.14%
97.039M
28.67%
102.04M
20.49%
91.478M
27.00%
102.542M
21.10%
111.298M
14.69%
EBITDA
Q2Q % growth
-4.618M
-135.66%
-654.503K
-104.14%
6.288M
303.18%
-4.69M
68.35%
3.093M
166.99%
6.706M
1,124.62%
EBIT
Q2Q % growth
-4.906M
73.88%
-2.782M
90.26%
4.334M
127.09%
-3.53M
91.37%
1.083M
122.08%
1.855M
166.68%

All data in USD

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

PING Yearly Revenue VS EstimatesPING Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
PING Yearly EPS VS EstimatesPING Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 0 0.2 -0.2 0.4 -0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
0.66%
EPS Next 5 Year
-27.00%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
18.01%
Revenue Next 5 Year
18.47%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

Ping Identity Holding Corp / PING Forecast FAQ

What is the average price target for Ping Identity Holding Corp (PING) stock?

19 analysts have analysed PING and the average price target is 29.27 USD. This implies a price increase of 2.72% is expected in the next year compared to the current price of 28.5.

What is the next earnings date for PING stock?

Ping Identity Holding Corp (PING) will report earnings on 2022-11-11, after the market close.

What are the consensus estimates for PING stock next earnings?

The consensus EPS estimate for the next earnings of Ping Identity Holding Corp (PING) is -0.1 USD and the consensus revenue estimate is 84.67M USD.

What is the consensus rating for Ping Identity Holding Corp (PING) stock?

The consensus rating for Ping Identity Holding Corp (PING) is 54.7368 / 100 . This indicates that analysts generally have a neutral outlook on the stock.