SMART GLOBAL HOLDINGS INC (SGH) Forecast, Price Target & Analyst Ratings

NASDAQ:SGH • KYG8232Y1017

Current stock price

20.85 USD
+0.09 (+0.43%)
At close:
21 USD
+0.15 (+0.72%)
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 SMART GLOBAL HOLDINGS INC (SGH).

Forecast Snapshot

Consensus Price Target

Price Target
$25.76
+ 23.53% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jan 7, 2025
Period
Q1 / 2025
EPS Estimate
$0.39
Revenue Estimate
322.37M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$25.76
Upside
+ 23.53%
From current price of $20.85 to mean target of $25.76, Based on 8 analyst forecasts
Low
$22.22
Median
$26.52
High
$28.35

Price Target Revisions

1 Month
-21.71%
3 Months
-21.71%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for SGH. The average price target is 25.76 USD. This implies a price increase of 23.53% is expected in the next year compared to the current price of 20.85.
The average price target has been revised downward by 21.71% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SGH Current Analyst RatingSGH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

SGH Historical Analyst RatingsSGH 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 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
82.50%
SGH was analyzed by 8 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about SGH.
In the previous month the buy percentage consensus was at a similar level.
SGH was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-07-17NeedhamMaintains Buy -> Buy
2024-07-17StifelMaintains Buy -> Buy
2024-07-10NeedhamMaintains Buy -> Buy
2024-07-10BarclaysMaintains Overweight -> Overweight
2024-07-03RosenblattMaintains Buy -> Buy
2024-07-03StifelMaintains Buy -> Buy
2024-06-27RosenblattMaintains Buy -> Buy
2024-05-07NeedhamReiterate Buy -> Buy
2024-04-22NeedhamReiterate Buy -> Buy
2024-04-10NeedhamMaintains Buy -> Buy
2024-04-10StifelMaintains Buy -> Buy
2024-01-10NeedhamMaintains Buy -> Buy
2023-10-19RosenblattReiterate Buy -> Buy
2023-10-13NeedhamMaintains Buy -> Buy
2023-10-13RosenblattReiterate Buy -> Buy
2023-10-13StifelMaintains Buy -> Buy
2023-07-14NeedhamReiterate Buy -> Buy
2023-07-11RosenblattReiterate Buy -> Buy
2023-06-30NeedhamMaintains Buy -> Buy
2023-06-30RosenblattReiterate Buy -> Buy
2023-06-21RosenblattReiterate Buy -> Buy
2023-06-14Deutsche BankMaintains Buy -> Buy
2023-06-14BarclaysMaintains Overweight
2023-06-13NeedhamMaintains Buy -> Buy
2023-04-05NeedhamReiterate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jan 7, 2025
Period
Q1 / 2025
EPS Estimate
$0.39
Revenue Estimate
322.37M
Revenue Q2Q
17.55%
EPS Q2Q
61.92%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

SGH is expected to report earnings on 1/7/2025. The consensus EPS estimate for the next earnings is 0.39 USD and the consensus revenue estimate is 322.37M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2025 - 2026

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

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
SGH revenue by date.SGH revenue by date.
1.056B
-5.96%		1.396B
32.25%		1.441B
3.25%		1.196B
-17.02%		1.387B
15.97%		1.581B
13.99%
EBITDA
YoY % growth
SGH ebitda by date.SGH ebitda by date.
36.6M
-54.93%		132.3M
261.48%		106.5M
-19.50%		171.83M
61.34%		205.94M
19.85%		259.77M
26.14%
EBIT
YoY % growth
SGH ebit by date.SGH ebit by date.
-12.5M
-127.90%		67.4M
639.20%		34.9M
-48.22%		124.15M
255.73%		168.9M
36.05%		231.64M
37.15%
Operating Margin
SGH operating margin by date.SGH operating margin by date.
-1.18%4.83%2.42%10.38%12.18%14.65%
EPS
YoY % growth
SGH eps by date.SGH eps by date.
2.60
100.77%		3.62
39.23%		2.56
-29.28%		1.29
-51.17%		1.94
55.36%		3.10
59.67%

All data in USD

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

Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.39
61.92%		0.46
69.58%		0.56
51.96%		0.65
74.70%		0.64
63.48%		0.51
10.29%		0.58
2.39%		0.71
9.37%
Revenue
Q2Q % growth		322.37M
17.55%		375.22M
31.74%		409.05M
36.09%		437.84M
40.72%		409.05M
26.89%		364.81M
-2.77%		381.98M
-6.62%		409.56M
-6.46%
EBITDA
Q2Q % growth		42.151M
86.79%		60.499M
72.61%		70.801M
12.92%		78.881M
80.65%		63.125M
49.76%		56.156M
-7.18%		62.317M
-11.98%		71.811M
-8.96%
EBIT
Q2Q % growth		34.921M
610.93%		49.339M
20,543.93%		59.54M
381.60%		67.468M
83.39%		54.944M
57.34%		44.945M
-8.91%		50.601M
-15.01%		59.792M
-11.38%

All data in USD

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

SGH Yearly Revenue VS EstimatesSGH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B
SGH Yearly EPS VS EstimatesSGH Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

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

Long Term Revenue Growth (CAGR)

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

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
13.30%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SMART GLOBAL HOLDINGS INC / SGH Forecast FAQ

What is the average price target for SMART GLOBAL HOLDINGS INC (SGH) stock?

8 analysts have analysed SGH and the average price target is 25.76 USD. This implies a price increase of 23.53% is expected in the next year compared to the current price of 20.85.

What is the next earnings date for SGH stock?

SMART GLOBAL HOLDINGS INC (SGH) will report earnings on 2025-01-07, after the market close.

Can you provide the consensus estimates for SMART GLOBAL HOLDINGS INC next earnings?

The consensus EPS estimate for the next earnings of SMART GLOBAL HOLDINGS INC (SGH) is 0.39 USD and the consensus revenue estimate is 322.37M USD.