Porch Group (PRCH) Stock Forecast & Price Target

$3.45 -0.11 (-3.09%)

(As of 11/22/2024 ET)

Porch Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 7 Analyst Ratings

Sell
0

Hold
1

Buy
6

Based on 7 Wall Street analysts who have issued ratings for Porch Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 1 has given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for PRCH.

Consensus Price Target

$4.18
21.12% Upside

According to the 7 analysts' twelve-month price targets for Porch Group, the average price target is $4.18. The highest price target for PRCH is $7.00, while the lowest price target for PRCH is $1.50. The average price target represents a forecasted upside of 21.12% from the current price of $3.45.

Get the Latest News and Ratings for PRCH and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Porch Group and its competitors.

PRCH Analyst Ratings Over Time

Type	Current Forecast 11/25/23 to 11/24/24	1 Month Ago 10/26/23 to 10/25/24	3 Months Ago 8/27/23 to 8/26/24	1 Year Ago 11/25/22 to 11/25/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$4.18	$4.18	$4.18	$6.33
Forecasted Upside	21.12% Upside	226.45% Upside	178.57% Upside	300.84% Upside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

Trump won. Buy this coin now. (Ad)

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150,000 — or more. But there’s one coin he thinks could go even higher.

This could be his favorite coin.

PRCH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PRCH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Porch Group Stock vs. The Competition

Type	Porch Group	Computer and Technology Companies	S&P 500
Consensus Rating Score	3.00	2.68	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	21.12% Upside	532.55% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent PRCH News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/11/2024	Stephens 4 of 5 stars		Boost Target	Overweight ➝ Overweight	$4.00 ➝ $5.00	+36.99%
10/29/2024	Benchmark 3 of 5 stars		Reiterated Rating	Buy ➝ Buy	$7.00 ➝ $7.00	+225.58%
10/29/2024	Craig Hallum 3 of 5 stars		Boost Target	Buy ➝ Buy	$3.00 ➝ $4.00	+83.49%
8/13/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	Y. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/8/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$3.75 ➝ $1.50	+35.37%
8/8/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$4.50 ➝ $3.50	+199.14%
8/7/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$5.00 ➝ $3.25	+168.59%
3/15/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$4.00 ➝ $2.00	+17.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:50 AM ET.

PRCH Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Porch Group is $4.18, with a high forecast of $7.00 and a low forecast of $1.50.
: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Porch Group in the last twelve months. There is currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRCH shares.
: According to analysts, Porch Group's stock has a predicted upside of 21.12% based on their 12-month stock forecasts.
: Porch Group has been rated by research analysts at Benchmark, Craig Hallum, and Stephens in the past 90 days.
: Analysts like Porch Group more than other "computer and technology" companies. The consensus rating for Porch Group is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how PRCH compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Trump won. Buy this coin now. (Ad)

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150,000 — or more. But there’s one coin he thinks could go even higher.

This could be his favorite coin.

This page (NASDAQ:PRCH) was last updated on 11/24/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Porch Group (PRCH) Stock Forecast & Price Target