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Porch Group Inc has a consensus price target of $7.7 based on the ratings of 12 analysts. The high is $21 issued by Berenberg on January 11, 2022. The low is $1.5 issued by Keefe, Bruyette & Woods on August 8, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Benchmark, and Craig-Hallum on November 11, 2024, October 29, 2024, and October 29, 2024, respectively. With an average price target of $5.33 between Stephens & Co., Benchmark, and Craig-Hallum, there's an implied 48.20% upside for Porch Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Porch Group (NASDAQ:PRCH) was reported by Stephens & Co. on November 11, 2024. The analyst firm set a price target for $5.00 expecting PRCH to rise to within 12 months (a possible 38.94% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Porch Group (NASDAQ:PRCH) was provided by Stephens & Co., and Porch Group maintained their overweight rating.
There is no last upgrade for Porch Group
The last downgrade for Porch Group Inc happened on March 15, 2023 when Loop Capital changed their price target from $4 to $2 for Porch Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Porch Group, 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 Porch Group was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Porch Group (PRCH) rating was a maintained with a price target of $4.00 to $5.00. The current price Porch Group (PRCH) is trading at is $3.60, which is out of the analyst’s predicted range.
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