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NASDAQ: ABST
Absolute Software Corp Stock Forecast, Predictions & Price Target

OverviewForecast
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Analyst price target for ABST

Based on 2 analysts offering 12 month price targets for Absolute Software Corp.
Min Forecast
$11.50+2.86%
Avg Forecast
$12.75+14.04%
Max Forecast
$14.00+25.22%

Should I buy or sell ABST stock?

Based on 2 analysts offering ratings for Absolute Software Corp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ABST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Top 4%
97
HoldDowngrades$11.50+2.86%2023-05-12
Needham
Top 19%
82
BuyReiterates$14.00+25.22%2023-02-15

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Forecast return on equity

Is ABST forecast to generate an efficient return?
Company
-331.9%
Industry
-1.63%
Market
14.03%
ABST's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ABST forecast to generate an efficient return on assets?
Company
7.44%
Industry
3.28%
ABST is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ABST revenue growth forecast

How is ABST forecast to perform vs Software - Application companies and vs the US market?
Company
9.84%
Industry
12.35%
Market
16.73%
ABST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ABST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ABST vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
ABST$11.18$12.75+14.04%Buy
MTLS$10.12$12.00+18.58%Strong Buy
PERF$5.10$6.00+17.65%Hold
NYAX$18.63N/AN/A
OSPN$15.48N/AN/A
View Top App Stocks

Absolute Software Stock Forecast FAQ

Is Absolute Software Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: ABST) stock is to Buy ABST stock.

Out of 2 analysts, 0 (0%) are recommending ABST as a Strong Buy, 1 (50%) are recommending ABST as a Buy, 1 (50%) are recommending ABST as a Hold, 0 (0%) are recommending ABST as a Sell, and 0 (0%) are recommending ABST as a Strong Sell.

If you're new to stock investing, here's how to buy Absolute Software stock.

What is ABST's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: ABST) forecast ROE is -331.9%, which is considered weak.

What is ABST's Price Target?

According to 2 Wall Street analysts that have issued a 1 year ABST price target, the average ABST price target is $12.75, with the highest ABST stock price forecast at $14.00 and the lowest ABST stock price forecast at $11.50.

On average, Wall Street analysts predict that Absolute Software's share price could reach $12.75 by May 12, 2024. The average Absolute Software stock price prediction forecasts a potential upside of 14.04% from the current ABST share price of $11.18.

What is ABST's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: ABST) forecast ROA is 7.44%, which is higher than the forecast US Software - Application industry average of 3.28%.
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