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NASDAQ: PRCH
Porch Group Inc Stock Forecast, Predictions & Price Target

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Analyst price target for PRCH

Based on 6 analysts offering 12 month price targets for Porch Group Inc.
Min Forecast
$3.25+59.31%
Avg Forecast
$14.63+616.91%
Max Forecast
$23.00+1,027.45%

Should I buy or sell PRCH stock?

Based on 7 analysts offering ratings for Porch Group Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PRCH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 3%
3
HoldDowngradesN/AN/A2022-11-09
Cantor Fitzgerald
Bottom 2%
2
Strong BuyAssumes$8.00+292.16%2022-08-10
Keefe, Bruyette & Woods
Bottom 20%
20
HoldDowngrades$3.25+59.31%2022-07-25
Compass Point
Bottom 7%
7
Strong BuyInitiates Coverage On$11.50+463.73%2022-05-25
Stephens & Co.
Top 3%
98
Strong BuyMaintains$23.00+1,027.45%2022-03-10
Berenberg
Bottom 17%
17
Strong BuyInitiates Coverage On$21.00+929.41%2022-01-11
Wedbush
Bottom 11%
11
BuyInitiates Coverage On$21.00+929.41%2021-12-23

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Forecast return on equity

Is PRCH forecast to generate an efficient return?
Company
-13.98%
Industry
19.35%
Market
64.64%
PRCH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PRCH forecast to generate an efficient return on assets?
Company
-1.5%
Industry
5.7%
PRCH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PRCH earnings per share forecast

What is PRCH's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.88
Avg 2 year Forecast
-$0.56
Avg 3 year Forecast
-$0.46

PRCH revenue forecast

What is PRCH's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$290.0M+11.4%
Avg 2 year Forecast
$349.2M+34.16%
Avg 3 year Forecast
$412.9M+58.63%
PRCH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PRCH revenue growth forecast

How is PRCH forecast to perform vs Software - Application companies and vs the US market?
Company
16.55%
Industry
14.18%
Market
6.8%
PRCH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PRCH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PRCH vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PRCH$2.04$14.63+616.91%Strong Buy
TROO$2.03N/AN/A
CZOO$0.27$2.33+762.96%Buy
CPTN$1.36$12.13+791.54%Buy
AGIL$4.05$7.00+72.84%Strong Buy

Porch Group Stock Forecast FAQ

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

The consensus among 7 Wall Street analysts covering (NASDAQ: PRCH) stock is to Strong Buy PRCH stock.

Out of 7 analysts, 4 (57.14%) are recommending PRCH as a Strong Buy, 1 (14.29%) are recommending PRCH as a Buy, 2 (28.57%) are recommending PRCH as a Hold, 0 (0%) are recommending PRCH as a Sell, and 0 (0%) are recommending PRCH as a Strong Sell.

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

What is PRCH's earnings growth forecast for 2022-2024?

(NASDAQ: PRCH) Porch Group'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 24.43%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.59%.

Porch Group's earnings in 2022 is -$138,673,000.On average, 4 Wall Street analysts forecast PRCH's earnings for 2022 to be -$88,487,998, with the lowest PRCH earnings forecast at -$104,576,725, and the highest PRCH earnings forecast at -$69,382,635. On average, 3 Wall Street analysts forecast PRCH's earnings for 2023 to be -$56,310,544, with the lowest PRCH earnings forecast at -$78,432,544, and the highest PRCH earnings forecast at -$42,232,908.

In 2024, PRCH is forecast to generate -$46,255,090 in earnings, with the lowest earnings forecast at -$62,343,817 and the highest earnings forecast at -$30,166,363.

What is PRCH's revenue growth forecast for 2022-2024?

(NASDAQ: PRCH) Porch Group's forecast annual revenue growth rate of 16.55% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.18%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Porch Group's revenue in 2022 is $260,277,000.On average, 3 Wall Street analysts forecast PRCH's revenue for 2022 to be $29,156,393,070, with the lowest PRCH revenue forecast at $29,140,706,561, and the highest PRCH revenue forecast at $29,167,655,179. On average, 2 Wall Street analysts forecast PRCH's revenue for 2023 to be $35,111,635,325, with the lowest PRCH revenue forecast at $34,505,291,430, and the highest PRCH revenue forecast at $35,717,979,219.

In 2024, PRCH is forecast to generate $41,515,954,168 in revenue, with the lowest revenue forecast at $40,313,321,834 and the highest revenue forecast at $42,718,586,503.

What is PRCH's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: PRCH) forecast ROA is -1.5%, which is lower than the forecast US Software - Application industry average of 5.7%.

What is PRCH's Price Target?

According to 6 Wall Street analysts that have issued a 1 year PRCH price target, the average PRCH price target is $14.63, with the highest PRCH stock price forecast at $23.00 and the lowest PRCH stock price forecast at $3.25.

On average, Wall Street analysts predict that Porch Group's share price could reach $14.63 by Nov 9, 2023. The average Porch Group stock price prediction forecasts a potential upside of 616.91% from the current PRCH share price of $2.04.

What is PRCH's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: PRCH) Porch Group's current Earnings Per Share (EPS) is -$1.42. On average, analysts forecast that PRCH's EPS will be -$0.88 for 2022, with the lowest EPS forecast at -$1.04, and the highest EPS forecast at -$0.69. On average, analysts forecast that PRCH's EPS will be -$0.56 for 2023, with the lowest EPS forecast at -$0.78, and the highest EPS forecast at -$0.42. In 2024, PRCH's EPS is forecast to hit -$0.46 (min: -$0.62, max: -$0.30).

What is PRCH's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: PRCH) forecast ROE is -13.98%, which is considered weak.
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