Performant Financial Corp has a consensus price target of $7.5 based on the ratings of 2 analysts. The high is $8 issued by Lake Street on December 20, 2022. The low is $7 issued by B. Riley Securities on November 7, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, B. Riley Securities, and Lake Street on November 7, 2024, July 25, 2024, and December 20, 2022, respectively. With an average price target of $7.67 between B. Riley Securities, B. Riley Securities, and Lake Street, there's an implied 144.94% upside for Performant Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Performant Finl (NASDAQ:PFMT) was reported by B. Riley Securities on November 7, 2024. The analyst firm set a price target for $7.00 expecting PFMT to rise to within 12 months (a possible 123.64% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Performant Finl (NASDAQ:PFMT) was provided by B. Riley Securities, and Performant Finl maintained their buy rating.
There is no last upgrade for Performant Finl
There is no last downgrade for Performant Finl.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Performant Finl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Performant Finl was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Performant Finl (PFMT) rating was a maintained with a price target of $8.00 to $7.00. The current price Performant Finl (PFMT) is trading at is $3.13, which is out of the analyst’s predicted range.
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