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BM Technologies Inc has a consensus price target of $6.7 based on the ratings of 3 analysts. The high is $8 issued by Chardan Capital on May 20, 2024. The low is $5.4 issued by Northland Capital Markets on August 22, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Chardan Capital on August 22, 2024, July 22, 2024, and May 20, 2024, respectively. With an average price target of $5.63 between Northland Capital Markets, Northland Capital Markets, and Chardan Capital, there's an implied 17.36% upside for BM Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BM Technologies (AMEX:BMTX) was reported by Maxim Group on October 28, 2024. The analyst firm set a price target for $0.00 expecting BMTX to fall to within 12 months (a possible -100.00% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for BM Technologies (AMEX:BMTX) was provided by Maxim Group, and BM Technologies downgraded their hold rating.
The last upgrade for BM Technologies Inc happened on August 22, 2024 when Northland Capital Markets raised their price target to $5.4. Northland Capital Markets previously had a market perform for BM Technologies Inc.
The last downgrade for BM Technologies Inc happened on October 28, 2024 when Maxim Group changed their price target from N/A to N/A for BM Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BM Technologies, 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 BM Technologies was filed on October 28, 2024 so you should expect the next rating to be made available sometime around October 28, 2025.
While ratings are subjective and will change, the latest BM Technologies (BMTX) rating was a downgraded with a price target of $0.00 to $0.00. The current price BM Technologies (BMTX) is trading at is $4.80, which is out of the analyst’s predicted range.
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