SHIFT TECHNOLOGIES INC (SFT) Forecast, Price Target & Analyst Ratings

NASDAQ:SFT • US82452T3059

0.1703 USD
+0.06 (+58.12%)
At close: Oct 18, 2023
0.13 USD
-0.04 (-23.66%)
After Hours: 10/18/2023, 9:51:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SHIFT TECHNOLOGIES INC (SFT).

Forecast Snapshot

Consensus Price Target

Price Target
$2.45
+ 1,337.46% Upside

Next Earnings Forecast

Earnings Estimate
Release DateNov 6, 2023
PeriodQ3 / 2023
EPS Estimate-$0.47
Revenue Estimate41.919M

ChartMill Buy Consensus

Rating
44.44%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$2.45
Upside
+ 1,337.46%
From current price of $0.17 to mean target of $2.45, Based on 9 analyst forecasts
Low
$2.32
Median
$2.45
High
$2.63

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

9 analysts have analysed SFT and the average price target is 2.45 USD. This implies a price increase of 1337.46% is expected in the next year compared to the current price of 0.1703.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SFT Current Analyst RatingSFT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

SFT Historical Analyst RatingsSFT 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

Analyst Ratings Consensus

ChartMill Buy Consensus
44.44%
SFT was analyzed by 9 analysts. The buy percentage consensus is at 44. So analysts seem to be rather negative about SFT.
In the previous month the buy percentage consensus was at a similar level.
SFT was analyzed by 9 analysts. More opinions would make the average more meaningful.
 → Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-02-16Piper SandlerDowngrade Overweight -> Neutral
2023-01-05Wells FargoMaintains Equal-Weight
2022-11-10OppenheimerDowngrade Outperform -> Perform
2022-10-07Cantor FitzgeraldDowngrade Overweight -> Neutral
2022-10-03Truist SecuritiesDowngrade Buy -> Hold
2022-08-15JP MorganDowngrade Neutral -> Underweight
2022-07-21William BlairDowngrade Outperform -> Market Perform
2022-05-16BenchmarkDowngrade Buy -> Hold
2022-05-04BTIGDowngrade Buy -> Neutral
2022-05-03Wells FargoDowngrade Overweight -> Equal-Weight
2021-12-07JP MorganDowngrade Overweight -> Neutral
2021-12-03Wells FargoMaintains Overweight
2021-10-05JP MorganInitiate Overweight
2021-09-10Truist SecuritiesInitiate Buy
2021-08-24OppenheimerInitiate Outperform
2021-06-10Cantor FitzgeraldInitiate Overweight
2021-06-04Piper SandlerInitiate Overweight
2021-05-04WedbushUpgrade Underperform -> Neutral
2021-03-09BenchmarkUpgrade Hold -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateNov 6, 2023
PeriodQ3 / 2023
EPS Estimate-$0.47
Revenue Estimate41.919M
Revenue Q2Q-74.11%
EPS Q2Q94.84%
Number of Analysts3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-42.84%
EPS (1 Month)
0.00%
EPS (3 Months)
79.20%

Next Earnings Summary

SFT is expected to report earnings on 11/6/2023. The consensus EPS estimate for the next earnings is -0.47 USD and the consensus revenue estimate is 41.92M USD.
The next earnings revenue estimate has been revised downward by 42.84% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
 → Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
SFT revenue by date.SFT revenue by date.
195.7M
17.75%		636.9M
225.45%		670.8M
5.32%		186.39M
-72.21%		201.01M
7.84%		369.92M
84.03%		3.031B
719.37%		4.076B
34.48%		10.201B
150.27%		12.928B
26.73%		15.958B
23.44%
EBITDA
YoY % growth
SFT ebitda by date.SFT ebitda by date.
-71.76M
2.47%		-170.65M
-137.81%		-187.41M
-9.82%		-65.65M
64.97%		-60.6M
7.69%		-50.5M
16.67%		-15.554M
69.20%		12.019M
177.27%		N/AN/AN/A
EBIT
YoY % growth
SFT ebit by date.SFT ebit by date.
-76.3M
0.65%		-176.9M
-131.85%		-199.2M
-12.61%		-148.796M
25.30%		-134.335M
9.72%		-114.459M
14.80%		-61.055M
46.66%		3.636M
105.96%		101M
2,677.78%		404M
300.00%		707M
75.00%
Operating Margin
SFT operating margin by date.SFT operating margin by date.
-38.99%-27.78%-29.70%-79.83%-66.83%-30.94%-2.01%0.09%0.99%3.13%4.43%
EPS
YoY % growth
SFT eps by date.SFT eps by date.
N/A-8.44
52.14%		-26.32
-211.85%		-3.62
86.26%		-0.97
73.18%		-0.44
54.17%		-0.23
47.73%		0.08
134.78%		N/AN/AN/A

All data in USD

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

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.47
94.84%		-0.47
87.24%		-3.18
-15.27%		-2.53
-77.82%		-3.18
-570.21%		-3.59
-655.32%
Revenue
Q2Q % growth		41.919M
-74.11%		38.445M
-41.39%		113.02M
108.91%		162.11M
242.73%		175.74M
319.24%		119.55M
210.96%
EBITDA
Q2Q % growth		-15.15M
57.14%		-15.15M
51.46%		-20.503M
48.03%		-11.687M
22.29%		-9.777M
35.46%		-20.848M
-37.61%
EBIT
Q2Q % growth		-20.18M
61.49%		-20.687M
51.89%		-23.23M
47.08%		-19.14M
10.98%		-24.341M
-20.62%		-27.927M
-35.00%

All data in USD

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

SFT Yearly Revenue VS EstimatesSFT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
SFT Yearly EPS VS EstimatesSFT Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 -5 -10 -15 -20 -25

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.64%
EPS Next 5 Year
14.91%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-18.29%
Revenue Next 5 Year
43.15%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
20.54%
EBIT Next 5 Year
15.54%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SHIFT TECHNOLOGIES INC / SFT Forecast FAQ

What is the price target for SFT stock?

9 analysts have analysed SFT and the average price target is 2.45 USD. This implies a price increase of 1337.46% is expected in the next year compared to the current price of 0.1703.


Can you provide the upcoming earnings date for SHIFT TECHNOLOGIES INC?

SHIFT TECHNOLOGIES INC (SFT) will report earnings on 2023-11-06, after the market close.


What are the consensus estimates for SFT stock next earnings?

The consensus EPS estimate for the next earnings of SHIFT TECHNOLOGIES INC (SFT) is -0.47 USD and the consensus revenue estimate is 41.92M USD.


What is the consensus rating for SFT stock?

The consensus rating for SHIFT TECHNOLOGIES INC (SFT) is 44.4444 / 100 . This indicates that analysts generally have a neutral outlook on the stock.