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NASDAQ: LTCH
Latch Inc Stock Forecast, Predictions & Price Target

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Analyst price target for LTCH

Based on 4 analysts offering 12 month price targets for Latch Inc.
Min Forecast
$1.15+28.06%
Avg Forecast
$6.41+614.14%
Max Forecast
$11.50+1,180.62%

Should I buy or sell LTCH stock?

Based on 4 analysts offering ratings for Latch Inc.
Buy
Strong Buy
2 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
1 analysts 25%
Strong Sell
0 analysts 0%

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LTCH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Keefe, Bruyette & Woods
Bottom 21%
21
SellDowngrades$1.15+28.06%2022-07-25
Cantor Fitzgerald
Bottom 9%
9
HoldAssumes$5.00+456.79%2022-07-22
Colliers Securities
Top 15%
86
Strong BuyInitiates Coverage On$8.00+790.87%2022-02-08
DA Davidson
Bottom 1%
1
Strong BuyInitiates Coverage On$11.50+1,180.62%2022-01-21
Anonymous
Berenberg
Strong BuyInitiates Coverage On$8.00+790.87%2022-01-11

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Forecast return on equity

Is LTCH forecast to generate an efficient return?
Company
-56.22%
Industry
1.53%
Market
48.27%
LTCH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LTCH forecast to generate an efficient return on assets?
Company
-46.36%
Industry
1.74%
LTCH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LTCH earnings per share forecast

What is LTCH's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.51
Avg 2 year Forecast
-$1.34

LTCH revenue forecast

What is LTCH's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$83.0M+71.54%
Avg 2 year Forecast
$146.3M+202.36%
LTCH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LTCH revenue growth forecast

How is LTCH forecast to perform vs Software - Application companies and vs the US market?
Company
71.54%
Industry
5.79%
Market
5.27%
LTCH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LTCH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LTCH vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
LTCH$0.90$6.41+614.14%Buy
SMSI$2.25$5.10+126.67%Strong Buy
IDEX$0.22$3.00+1,263.64%Strong Buy
RAAS$0.75N/AN/AStrong Buy
IDBA$8.80$55.50+530.68%Strong Buy

Latch Stock Forecast FAQ

Is Latch Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: LTCH) stock is to Buy LTCH stock.

Out of 4 analysts, 2 (50%) are recommending LTCH as a Strong Buy, 0 (0%) are recommending LTCH as a Buy, 1 (25%) are recommending LTCH as a Hold, 1 (25%) are recommending LTCH as a Sell, and 0 (0%) are recommending LTCH as a Strong Sell.

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

What is LTCH's earnings growth forecast for 2022-2023?

(NASDAQ: LTCH) Latch's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 51.1%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 68.81%.

Latch's earnings in 2022 is -$172,449,000.On average, 4 Wall Street analysts forecast LTCH's earnings for 2022 to be -$216,867,952, with the lowest LTCH earnings forecast at -$245,592,184, and the highest LTCH earnings forecast at -$198,197,201.

In 2023, LTCH is forecast to generate -$192,452,354 in earnings, with the lowest earnings forecast at -$209,686,894 and the highest earnings forecast at -$173,781,604.

What is LTCH's revenue growth forecast for 2022-2023?

(NASDAQ: LTCH) Latch's forecast annual revenue growth rate of 71.54% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 5.79%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 5.27%.

Latch's revenue in 2022 is $48,386,000.On average, 2 Wall Street analysts forecast LTCH's revenue for 2022 to be $11,920,556,280, with the lowest LTCH revenue forecast at $11,145,002,016, and the highest LTCH revenue forecast at $12,696,110,544.

In 2023, LTCH is forecast to generate $21,011,775,708 in revenue, with the lowest revenue forecast at $19,762,271,616 and the highest revenue forecast at $22,261,279,800.

What is LTCH's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: LTCH) forecast ROA is -46.36%, which is lower than the forecast US Software - Application industry average of 1.74%.

What is LTCH's Price Target?

According to 4 Wall Street analysts that have issued a 1 year LTCH price target, the average LTCH price target is $6.41, with the highest LTCH stock price forecast at $11.50 and the lowest LTCH stock price forecast at $1.15.

On average, Wall Street analysts predict that Latch's share price could reach $6.41 by Jul 25, 2023. The average Latch stock price prediction forecasts a potential upside of 614.14% from the current LTCH share price of $0.90.

What is LTCH's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: LTCH) Latch's current Earnings Per Share (EPS) is -$1.59. On average, analysts forecast that LTCH's EPS will be -$1.51 for 2022, with the lowest EPS forecast at -$1.71, and the highest EPS forecast at -$1.38. In 2023, LTCH's EPS is forecast to hit -$1.34 (min: -$1.46, max: -$1.21).

What is LTCH's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: LTCH) forecast ROE is -56.22%, which is considered weak.
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