What is the price target for SOFO stock?
7 analysts have analysed SOFO and the average price target is 2.04 USD. This implies a price increase of 482.86% is expected in the next year compared to the current price of 0.35.
SONIC FOUNDRY INC (SOFO) Forecast, Price Target & Analyst Ratings
NASDAQ:SOFO • US83545R2076
Current stock price
0.35 USD
-0.02 (-4.87%)
At close:
0.26 USD
-0.09 (-25.71%)
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 SONIC FOUNDRY INC (SOFO).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Dec 20, 2023
- Period
- Q4 / 2023
- EPS Estimate
- -$0.40
- Revenue Estimate
- 5.916M
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.04
Upside
+ 482.86%
From current price of $0.35 to mean target of $2.04, Based on 7 analyst forecasts
Low
$2.02
Median
$2.04
High
$2.10
Price Target Revisions
1 Month
0.00%
3 Months
-33.33%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for SOFO. The average price target is 2.04 USD. This implies a price increase of 482.86% is expected in the next year compared to the current price of 0.35.
The average price target has been revised downward by 33.33% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
SOFO was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about SOFO.
In the previous month the buy percentage consensus was at a similar level.
SOFO was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-12-05 | Maxim Group | Downgrade | Buy -> Hold |
| 2022-07-22 | Maxim Group | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Dec 20, 2023
- Period
- Q4 / 2023
- EPS Estimate
- -$0.40
- Revenue Estimate
- 5.916M
- Revenue Q2Q
- -9.12%
- EPS Q2Q
- -59.12%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-27.50%
EPS (1 Month)
0.00%
EPS (3 Months)
-39.29%
Next Earnings Summary
SOFO is expected to report earnings on 12/20/2023. The consensus EPS estimate for the next earnings is -0.4 USD and the consensus revenue estimate is 5.92M USD.
The next earnings revenue estimate has been revised downward by 27.5% 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.
Full Analyst Estimates 2023 - 2024
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 34.75M -0.09% | 35.17M 1.21% | 27.47M -21.89% | 22.746M -17.20% | 30.09M 32.29% | |
| EBITDA YoY % growth | 1.86M 681.25% | 2.11M 13.44% | -5.58M -364.45% | -16.218M -190.65% | -11.22M 30.82% | |
| EBIT YoY % growth | 740K 146.25% | 800K 8.11% | -6.92M -965.00% | -13.974M -101.94% | -5.61M 59.85% | |
| Operating Margin | 2.13% | 2.27% | -25.19% | -61.43% | -18.64% | |
| EPS YoY % growth | N/A | N/A | N/A | -1.73 -146.38% | -1.25 27.65% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | |
|---|---|
| EPS Q2Q % growth | -0.40 -59.12% |
| Revenue Q2Q % growth | 5.916M -9.12% |
| EBITDA Q2Q % growth | -3.876M -240.00% |
| EBIT Q2Q % growth | -2.346M 5.40% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
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
N/A
EBIT Next 5 Year
N/A
SONIC FOUNDRY INC / SOFO Forecast FAQ
Can you provide the upcoming earnings date for SONIC FOUNDRY INC?
SONIC FOUNDRY INC (SOFO) will report earnings on 2023-12-20, after the market close.
Can you provide the consensus estimates for SONIC FOUNDRY INC next earnings?
The consensus EPS estimate for the next earnings of SONIC FOUNDRY INC (SOFO) is -0.4 USD and the consensus revenue estimate is 5.92M USD.
What is the consensus rating for SOFO stock?
The consensus rating for SONIC FOUNDRY INC (SOFO) is 82.8571 / 100 . This indicates that analysts generally have a positive outlook on the stock.