VIQ SOLUTIONS INC (VQS) Forecast, Price Target & Analyst Ratings

NASDAQ:VQS • CA91825V4001

0.142 USD
-0.02 (-14.77%)
At close: Oct 4, 2023
0.1336 USD
-0.01 (-5.92%)
After Hours: 10/4/2023, 8:00:02 PM

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

Forecast Snapshot

Consensus Price Target

Price Target
$0.51
+ 256.50% Upside

Next Earnings Forecast

Earnings Estimate
Release DateNov 7, 2023
PeriodQ3 / 2023
EPS Estimate-$0.05
Revenue Estimate12.022M

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$0.51
Upside
+ 256.50%
From current price of $0.14 to mean target of $0.51, Based on 6 analyst forecasts
Low
$0.33
Median
$0.51
High
$0.69

Price Target Revisions

1 Month
-59.63%
3 Months
-60.30%

Price Target Summary

6 analysts have analysed VQS and the average price target is 0.51 USD. This implies a price increase of 256.5% is expected in the next year compared to the current price of 0.142.
The average price target has been revised downward by 60.3% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

VQS Current Analyst RatingVQS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

VQS Historical Analyst RatingsVQS 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

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
VQS was analyzed by 6 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about VQS.
In the previous month the buy percentage consensus was at a similar level.
VQS was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-12-05HC Wainwright & Co.Maintains Buy -> Buy
2023-09-26Alliance Global PartnersMaintains Buy -> Buy
2023-08-18HC Wainwright & Co.Reiterate Buy -> Buy
2023-05-12HC Wainwright & Co.Reiterate Buy -> Buy
2023-03-31Alliance Global PartnersMaintains Buy
2023-03-31HC Wainwright & Co.Reiterate Buy
2022-09-22HC Wainwright & Co.Maintains Buy
2021-09-17HC Wainwright & Co.Maintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateNov 7, 2023
PeriodQ3 / 2023
EPS Estimate-$0.05
Revenue Estimate12.022M
Revenue Q2Q2.00%
EPS Q2Q-26.25%
Number of Analysts2

Next Earnings Revisions

Revenue (1 Month)
-4.68%
Revenue (3 Months)
-6.86%
EPS (1 Month)
9.09%
EPS (3 Months)
16.67%

Next Earnings Summary

VQS is expected to report earnings on 11/7/2023. The consensus EPS estimate for the next earnings is -0.05 USD and the consensus revenue estimate is 12.02M USD.
The next earnings revenue estimate has been revised downward by 6.86% 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
Revenue
YoY % growth
VQS revenue by date.VQS revenue by date.
31.75M
40.30%
31.047M
-2.21%
45.844M
47.66%
47.039M
2.61%
47.64M
1.28%
EBITDA
YoY % growth
VQS ebitda by date.VQS ebitda by date.
3.32M
1,609.09%
-13.784M
-515.18%
-6.114M
55.64%
-1.028M
83.18%
5.852M
669.16%
EBIT
YoY % growth
VQS ebit by date.VQS ebit by date.
-1.94M
47.85%
-18.426M
-849.78%
-12.202M
33.78%
-9.573M
21.55%
-2.495M
73.93%
Operating Margin
VQS operating margin by date.VQS operating margin by date.
-6.11%-59.35%-26.62%-20.35%-5.24%
EPS
YoY % growth
VQS eps by date.VQS eps by date.
-0.66
-125.33%
-0.75
-13.64%
-0.28
62.67%
-0.29
-4.61%
-0.17
41.38%

All data in USD

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

Q3 / 23 Q4 / 23
EPS
Q2Q % growth
-0.05
-26.25%
-0.05
15.83%
Revenue
Q2Q % growth
12.022M
2.00%
11.106M
9.08%
EBITDA
Q2Q % growth
94.94K
-91.75%
-105.04K
-105.76%
EBIT
Q2Q % growth
-1.952M
21.95%
-1.071M
74.90%

All data in USD

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

VQS Yearly Revenue VS EstimatesVQS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
VQS Yearly EPS VS EstimatesVQS Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 -0.2 -0.4 -0.6

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

VIQ SOLUTIONS INC / VQS Forecast FAQ

Can you provide the average price target for VIQ SOLUTIONS INC stock?

6 analysts have analysed VQS and the average price target is 0.51 USD. This implies a price increase of 256.5% is expected in the next year compared to the current price of 0.142.


When does VIQ SOLUTIONS INC (VQS) report earnings?

VIQ SOLUTIONS INC (VQS) will report earnings on 2023-11-07, after the market close.


What are the consensus estimates for VIQ SOLUTIONS INC (VQS) next earnings?

The consensus EPS estimate for the next earnings of VIQ SOLUTIONS INC (VQS) is -0.05 USD and the consensus revenue estimate is 12.02M USD.


Can you provide the analyst count for VIQ SOLUTIONS INC stock?

The number of analysts covering VIQ SOLUTIONS INC (VQS) is 6.