SLM (SLM) Stock Forecast & Price Target

$22.56

+0.31 (+1.39%)

(As of 09/27/2024 ET)

SLM - 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

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
2

Buy
10

Based on 12 Wall Street analysts who have issued ratings for SLM in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 2 have given a hold rating, and 10 have given a buy rating for SLM.

Consensus Price Target

$24.00
6.38% Upside

According to the 12 analysts' twelve-month price targets for SLM, the average price target is $24.00. The highest price target for SLM is $29.00, while the lowest price target for SLM is $16.00. The average price target represents a forecasted upside of 6.38% from the current price of $22.56.

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SLM Analyst Ratings Over Time

Type	Current Forecast 9/30/23 to 9/29/24	1 Month Ago 8/31/23 to 8/30/24	3 Months Ago 7/2/23 to 7/1/24	1 Year Ago 9/30/22 to 9/30/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$24.00	$24.00	$22.18	$17.91
Forecasted Upside	6.38% Upside	8.79% Upside	7.11% Upside	31.49% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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SLM 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.

SLM 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.

SLM Stock vs. The Competition

Type	SLM	Finance Companies	S&P 500
Consensus Rating Score	2.83	2.46	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	6.38% Upside	12.81% Upside	6.16% Upside
News Sentiment Rating	Neutral News See Recent SLM 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	Action	Rating	Price Target	Upside/Downside on Report Date
9/25/2024	Bank of America 4 of 5 stars	Initiated Coverage	Buy	$27.00	+25.41%
9/24/2024	Wedbush 3 of 5 stars	Lower Target	Outperform ➝ Outperform	$29.00 ➝ $26.00	+20.48%
7/26/2024	Wells Fargo & Company 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$24.00 ➝ $27.00	+18.68%
7/25/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$25.00 ➝ $29.00	+23.77%
7/25/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$25.00 ➝ $27.00	+15.24%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$23.00 ➝ $25.00	+8.65%
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7/25/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$25.00 ➝ $27.00	+18.27%
6/4/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$25.00 ➝ $27.00	+27.18%
1/16/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$14.00 ➝ $23.00	+24.06%
12/13/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$16.00 ➝ $18.00	+6.76%
11/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$16.00	+6.60%
10/27/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$17.00 ➝ $16.00	+23.08%
7/11/2023	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$18.00 ➝ $19.00	+17.21%
2/6/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform	$19.00 ➝ $17.00	+12.29%
2/3/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$22.00 ➝ $20.00	+35.96%
10/18/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$24.00 ➝ $20.00	+28.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:35 AM ET.

SLM Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for SLM is $24.00, with a high forecast of $29.00 and a low forecast of $16.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLM shares.
: According to analysts, SLM's stock has a predicted upside of 6.38% based on their 12-month stock forecasts.
: SLM has been rated by research analysts at Bank of America, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Royal Bank of Canada, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like SLM more than other "finance" companies. The consensus rating for SLM is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SLM compares to other companies.