Can you provide the average price target for Tingo Group Inc stock?
5 analysts have analysed TIO and the average price target is 11.99 USD. This implies a price increase of 1636.96% is expected in the next year compared to the current price of 0.69.
Tingo Group Inc (TIO) Forecast, Price Target & Analyst Ratings
NASDAQ:TIO • US55328R1095
Current stock price
0.69 USD
-0.02 (-2.2%)
At close:
0.7101 USD
+0.02 (+2.91%)
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 Tingo Group Inc (TIO).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Mar 29, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.72
- Revenue Estimate
- 1.616B
Price Target Details & History
Consensus Price Target and Range
Mean target
$11.99
Upside
+ 1,636.96%
From current price of $0.69 to mean target of $11.99, Based on 5 analyst forecasts
Low
$11.87
Median
$11.99
High
$12.34
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
5 Wall Street analysts provided a forecast for the next 12 months for TIO. The average price target is 11.99 USD. This implies a price increase of 1636.96% is expected in the next year compared to the current price of 0.69.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
TIO was analyzed by 5 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about TIO.
In the previous month the buy percentage consensus was at a similar level.
Only 5 analysts analyzed TIO. So this is just the average opinion of a couple of analysts.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-05-17 | Taglich Brothers | Maintains | Speculative Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Mar 29, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.72
- Revenue Estimate
- 1.616B
- Revenue Q2Q
- 1,358.48%
- EPS Q2Q
- 3,685.50%
- Number of Analysts
- 2
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
N/A
Next Earnings Summary
TIO is expected to report earnings on 3/29/2024. The consensus EPS estimate for the next earnings is 0.72 USD and the consensus revenue estimate is 1.62B USD.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.2M 140.00% | 55.7M 4,541.67% | 146M 162.12% | 4.678B 3,104.11% | 6.939B 48.33% | |
| EBITDA YoY % growth | -14.82M -288.98% | -34.81M -134.89% | 37.57M 207.93% | 1.866B 4,866.73% | 3.127B 67.58% | |
| EBIT YoY % growth | -16.6M -325.64% | -37.9M -128.31% | -2.2M 94.20% | 1.426B 64,918.18% | 3.073B 115.50% | |
| Operating Margin | -1,383.33% | -68.04% | -1.51% | 30.48% | 44.29% | |
| EPS YoY % growth | N/A | N/A | N/A | 1.85 335.71% | 4.04 118.58% |
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 | 0.72 3,685.50% | 0.70 111.18% | 0.85 371.33% | 1.02 2,450.25% | 1.23 71.83% |
| Revenue Q2Q % growth | 1.616B 1,358.48% | 1.323B 55.43% | 1.409B 44.19% | 1.661B 29.97% | 2.545B 57.49% |
| EBITDA Q2Q % growth | 585.75M 735.59% | 510.3M 37.25% | 566.86M 30.67% | 806.49M 65.08% | 1.243B 112.21% |
| EBIT Q2Q % growth | 478.61M 1,479.57% | 499.12M 91.45% | 555.69M 152.01% | 795.32M 108.53% | 1.223B 155.53% |
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
Tingo Group Inc / TIO Forecast FAQ
What is the next earnings date for TIO stock?
Tingo Group Inc (TIO) will report earnings on 2024-03-29, before the market open.
What are the consensus estimates for TIO stock next earnings?
The consensus EPS estimate for the next earnings of Tingo Group Inc (TIO) is 0.72 USD and the consensus revenue estimate is 1.62B USD.
How many analysts have analysed Tingo Group Inc (TIO)?
The number of analysts covering Tingo Group Inc (TIO) is 5.