Can you provide the average price target for SUNWORKS INC stock?
6 analysts have analysed SUNW and the average price target is 2.22 USD. This implies a price increase of 3597.5% is expected in the next year compared to the current price of 0.06.
SUNWORKS INC (SUNW) Forecast, Price Target & Analyst Ratings
NASDAQ:SUNW • US86803X2045
Current stock price
0.06 USD
-0.04 (-40.48%)
At close:
0.0512 USD
-0.01 (-14.67%)
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 SUNWORKS INC (SUNW).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Mar 8, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.27
- Revenue Estimate
- 30.192M
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.22
Upside
+ 3,597.50%
From current price of $0.06 to mean target of $2.22, Based on 6 analyst forecasts
Low
$0.35
Median
$2.22
High
$4.20
Price Target Revisions
1 Month
0.00%
3 Months
-16.35%
Price Target Summary
6 Wall Street analysts provided a forecast for the next 12 months for SUNW. The average price target is 2.22 USD. This implies a price increase of 3597.5% is expected in the next year compared to the current price of 0.06.
The average price target has been revised downward by 16.35% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
43.33%
SUNW was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about SUNW.
In the last month the buy percentage fell by 37 points. So the trust of analysts is decreasing.
SUNW was analyzed by 6 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-08-16 | Roth MKM | Maintains | Neutral -> Neutral |
| 2023-05-24 | EF Hutton | Reiterate | Buy -> Buy |
| 2023-04-25 | EF Hutton | Maintains | Buy |
| 2023-03-13 | EF Hutton | Reiterate | Buy |
| 2022-12-12 | EF Hutton | Initiate | Buy |
| 2022-05-04 | Northland Capital Markets | Initiate | Outperform |
| 2021-05-17 | Roth Capital | Maintains | Neutral |
| 2021-04-26 | Roth Capital | Reiterate | Neutral |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Mar 8, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.27
- Revenue Estimate
- 30.192M
- Revenue Q2Q
- -43.70%
- EPS Q2Q
- -32.60%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-47.42%
EPS (1 Month)
0.00%
EPS (3 Months)
-85.71%
Next Earnings Summary
SUNW is expected to report earnings on 3/8/2024. The consensus EPS estimate for the next earnings is -0.27 USD and the consensus revenue estimate is 30.19M USD.
The next earnings revenue estimate has been revised downward by 47.42% 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 - 2025
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 37.9M -36.62% | 101.2M 167.02% | 161.9M 59.98% | 133.52M -17.53% | 116.89M -12.46% | 133.82M 14.48% | |
| EBITDA YoY % growth | -10.86M -36.60% | -17.82M -64.09% | -23.38M -31.20% | -38.25M -63.60% | -34.068M 10.93% | -27.744M 18.56% | |
| EBIT YoY % growth | -11.2M -34.94% | -23.7M -111.61% | -28.2M -18.99% | -70.176M -148.85% | -38.556M 45.06% | -32.334M 16.14% | |
| Operating Margin | -29.55% | -23.42% | -17.42% | -52.56% | -32.98% | -24.16% | |
| EPS YoY % growth | -1.14 44.12% | -0.89 21.93% | N/A 10.99% | -1.64 -107.30% | -0.90 45.34% | -0.75 15.91% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.27 -32.60% | -0.23 -30.33% | -0.22 34.00% | -0.22 84.20% | -0.21 19.23% |
| Revenue Q2Q % growth | 30.192M -43.70% | 25.806M -31.91% | 28.152M -18.73% | 29.886M 4.13% | 33.048M 9.46% |
| EBITDA Q2Q % growth | -9.282M -337.83% | -7.956M 12.76% | -7.548M 19.62% | -7.446M -3.42% | -7.038M 24.18% |
| EBIT Q2Q % growth | -11.424M -64.61% | -10.098M -0.28% | -9.69M 14.70% | -9.588M 5.72% | -9.18M 19.64% |
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
1.55%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-4.08%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
-2.53%
EBIT Next 5 Year
N/A
SUNWORKS INC / SUNW Forecast FAQ
Can you provide the upcoming earnings date for SUNWORKS INC?
SUNWORKS INC (SUNW) will report earnings on 2024-03-08, after the market close.
What are the consensus estimates for SUNWORKS INC (SUNW) next earnings?
The consensus EPS estimate for the next earnings of SUNWORKS INC (SUNW) is -0.27 USD and the consensus revenue estimate is 30.19M USD.
Can you provide the expected long term growth rate for SUNWORKS INC stock?
The expected long term growth rate for SUNWORKS INC (SUNW) is -4.08%.