ScanSource
(NASDAQ:SCSC)
$44.04
0.31[0.71%]
At close: Mar 28
$44.04
0[0.00%]
After Hours: 4:04PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$36.00
Lowest Price Target1
$35.00
Consensus Price Target1
$35.50

ScanSource Stock (NASDAQ:SCSC), Analyst Ratings, Price Targets, Predictions

ScanSource Inc has a consensus price target of $35.5, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Northcoast Research, Raymond James, and Northcoast Research on December 19, 2023, November 10, 2023, and August 23, 2023. With an average price target of $23.67 between Northcoast Research, Raymond James, and Northcoast Research, there's an implied -46.26% downside for ScanSource Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Nov 23
1
Dec 23
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Northcoast Research
Raymond James

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for ScanSource

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
12/19/2023SCSCBuy Now
ScanSource
$44.04-18.26%Northcoast Research
Keith Housum
→ $36DowngradeBuy → NeutralGet Alert
11/10/2023SCSCBuy Now
ScanSource
$44.04-20.53%Raymond James
Adam Tindle
$40 → $35MaintainsOutperformGet Alert
08/23/2023SCSCBuy Now
ScanSource
$44.04Northcoast Research
Keith Housum
UpgradeNeutral → BuyGet Alert
11/09/2022SCSCBuy Now
ScanSource
$44.04-9.17%Raymond James
Adam Tindle
$44 → $40MaintainsOutperformGet Alert
11/10/2021SCSCBuy Now
ScanSource
$44.04-0.09%Raymond James
Adam Tindle
MaintainsOutperformGet Alert
08/25/2021SCSCBuy Now
ScanSource
$44.04-9.17%Raymond James
Adam Tindle
MaintainsOutperformGet Alert
07/28/2021SCSCBuy Now
ScanSource
$44.04Northcoast Research
Keith Housum
UpgradeNeutral → BuyGet Alert
05/11/2021SCSCBuy Now
ScanSource
$44.04-20.53%Raymond James
Adam Tindle
MaintainsOutperformGet Alert

FAQ

Q

What is the target price for ScanSource (SCSC)?

A

The latest price target for ScanSource (NASDAQ: SCSC) was reported by Northcoast Research on December 19, 2023. The analyst firm set a price target for $36.00 expecting SCSC to fall to within 12 months (a possible -18.26% downside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for ScanSource (SCSC)?

A

The latest analyst rating for ScanSource (NASDAQ: SCSC) was provided by Northcoast Research, and ScanSource downgraded their neutral rating.

Q

When was the last upgrade for ScanSource (SCSC)?

A

The last upgrade for ScanSource Inc happened on August 23, 2023 when Northcoast Research raised their price target to N/A. Northcoast Research previously had a neutral for ScanSource Inc.

Q

When was the last downgrade for ScanSource (SCSC)?

A

The last downgrade for ScanSource Inc happened on December 19, 2023 when Northcoast Research changed their price target from N/A to $36 for ScanSource Inc.

Q

When is the next analyst rating going to be posted or updated for ScanSource (SCSC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ScanSource, 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 ScanSource was filed on December 19, 2023 so you should expect the next rating to be made available sometime around December 19, 2024.

Q

Is the Analyst Rating ScanSource (SCSC) correct?

A

While ratings are subjective and will change, the latest ScanSource (SCSC) rating was a downgraded with a price target of $0.00 to $36.00. The current price ScanSource (SCSC) is trading at is $44.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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