Perficient Inc (PRFT) Forecast, Price Target & Analyst Ratings

NASDAQ:PRFT • US71375U1016

Current stock price

75.96 USD
+0.48 (+0.64%)
At close:
75.96 USD
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 Perficient Inc (PRFT).

Forecast Snapshot

Consensus Price Target

Price Target
$75.28
-0.90% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 24, 2024
Period
Q3 / 2024
EPS Estimate
$1.04
Revenue Estimate
234.85M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
52.31%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$75.28
Upside
-0.90%
From current price of $75.96 to mean target of $75.28, Based on 13 analyst forecasts
Low
$65.65
Median
$77.52
High
$79.80

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for PRFT. The average price target is 75.28 USD. This implies a price decrease of -0.9% is expected in the next year compared to the current price of 75.96.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PRFT Current Analyst RatingPRFT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

PRFT Historical Analyst RatingsPRFT 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

Analyst Ratings Consensus

ChartMill Buy Consensus
52.31%
PRFT was analyzed by 13 analysts. The buy percentage consensus is at 52. So analysts seem to be rather neutral about PRFT.
In the previous month the buy percentage consensus was at a similar level.
PRFT was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-05-07Barrington ResearchDowngrade Outperform -> Market Perform
2024-05-07Alliance Global PartnersDowngrade Buy -> Neutral
2024-05-07Maxim GroupDowngrade Buy -> Hold
2024-05-06William BlairDowngrade Outperform -> Market Perform
2024-05-06ScotiaBankMaintains Sector Perform -> Sector Perform
2024-05-06NeedhamDowngrade Buy -> Hold
2024-05-02JP MorganMaintains Neutral -> Neutral
2024-04-29Barrington ResearchMaintains Outperform -> Outperform
2024-04-29ScotiaBankMaintains Sector Perform -> Sector Perform
2024-04-23Alliance Global PartnersUpgrade Neutral -> Buy
2024-03-19GuggenheimInitiate Neutral
2024-02-28Barrington ResearchReiterate Outperform -> Outperform
2024-02-28ScotiaBankMaintains Sector Perform -> Sector Perform
2024-02-28JP MorganMaintains Neutral -> Neutral
2023-10-31NeedhamMaintains Buy -> Buy
2023-07-31ScotiaBankDowngrade Sector Outperform -> Sector Perform
2023-07-28Barrington ResearchMaintains Outperform -> Outperform
2023-07-28ScotiaBankDowngrade Sector Outperform -> Sector Perform
2023-07-28NeedhamReiterate Buy -> Buy
2023-07-28JP MorganDowngrade Overweight -> Neutral
2023-05-19Barrington ResearchReiterate Outperform -> Outperform
2023-05-03NeedhamReiterate Buy
2023-05-03Morgan StanleyMaintains Equal-Weight
2023-04-17Barrington ResearchReiterate Outperform
2023-03-01NeedhamMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 24, 2024
Period
Q3 / 2024
EPS Estimate
$1.04
Revenue Estimate
234.85M
Revenue Q2Q
5.20%
EPS Q2Q
12.81%
Number of Analysts
11

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-3.03%
EPS (1 Month)
0.00%
EPS (3 Months)
-4.22%

Next Earnings Summary

PRFT is expected to report earnings on 10/24/2024. The consensus EPS estimate for the next earnings is 1.04 USD and the consensus revenue estimate is 234.85M USD.
The next earnings revenue estimate has been revised downward by 3.03% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2026

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

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
PRFT revenue by date.PRFT revenue by date.
761M
24.33%		905.1M
18.94%		906.541M
0.16%		921.97M
1.70%		974.75M
5.72%		1.025B
5.16%
EBITDA
YoY % growth
PRFT ebitda by date.PRFT ebitda by date.
139.6M
60.09%		181M
29.66%		167.946M
-7.21%		184.67M
9.96%		202.56M
9.69%		213.36M
5.33%
EBIT
YoY % growth
PRFT ebit by date.PRFT ebit by date.
109.7M
86.25%		148M
34.91%		138.346M
-6.52%		132.29M
-4.38%		156.3M
18.15%		170.49M
9.08%
Operating Margin
PRFT operating margin by date.PRFT operating margin by date.
14.42%16.35%15.26%14.35%16.03%16.63%
EPS
YoY % growth
PRFT eps by date.PRFT eps by date.
3.47
38.25%		4.29
23.63%		3.95
-7.93%		3.87
-2.00%		4.22
8.96%		4.46
5.76%

All data in USD

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

Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		1.04
12.81%		1.16
17.24%		0.93
21.18%		1.05
14.57%		1.13
8.97%		1.17
0.94%		0.95
1.66%		0.96
-9.04%		1.00
-11.62%		1.01
-13.81%
Revenue
Q2Q % growth		234.85M
5.20%		251.25M
13.80%		238.79M
10.91%		246.9M
10.81%		255.93M
8.98%		260.71M
3.77%		242.65M
1.62%		255.47M
3.47%		263.2M
2.84%		264.08M
1.29%
EBITDA
Q2Q % growth		50.408M
-9.66%		55.272M
-11.39%		43.688M
82.10%		50.451M
15.13%		53.712M
6.55%		54.691M
-1.05%		47.185M
8.00%		47.756M
-5.34%		49.858M
-7.18%		50.694M
-7.31%
EBIT
Q2Q % growth		37.433M
14.47%		42.802M
30.57%		26.54M
55.26%		37.728M
24.84%		41.441M
10.71%		42.297M
-1.18%		N/AN/AN/AN/A

All data in USD

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

PRFT Yearly Revenue VS EstimatesPRFT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
PRFT Yearly EPS VS EstimatesPRFT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
4.14%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.39%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
14.36%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Perficient Inc / PRFT Forecast FAQ

What do analysts expect the price target to be for Perficient Inc (PRFT)?

13 analysts have analysed PRFT and the average price target is 75.28 USD. This implies a price decrease of -0.9% is expected in the next year compared to the current price of 75.96.

When does Perficient Inc (PRFT) report earnings?

Perficient Inc (PRFT) will report earnings on 2024-10-24, after the market close.

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

The consensus EPS estimate for the next earnings of Perficient Inc (PRFT) is 1.04 USD and the consensus revenue estimate is 234.85M USD.

How many analysts cover Perficient Inc (PRFT) stock?

The number of analysts covering Perficient Inc (PRFT) is 13.