NASDAQ:SBIG

SpringBig (SBIG) Stock Forecast, Price & News

$0.37

+0.08 (+27.60%)

(As of 06/2/2023 ET)

Compare

Today's Range: $0.30
▼
$0.38
50-Day Range: $0.29
▼
$0.82
52-Week Range: $0.16
▼
$5.44

Volume: 654,533 shs
Average Volume: 231,359 shs
Market Capitalization: $9.97 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.50

SpringBig MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,116.5% Upside
$4.50 Price Target
Short Interest: Healthy
1.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 11 Articles This Week
Insider Trading: Acquiring Shares
$275,549 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.13) to $0.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
SpringBig has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.50, SpringBig has a forecasted upside of 1,116.5% from its current price of $0.37.
Amount of Analyst Coverage
SpringBig has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.26% of the float of SpringBig has been sold short.
Short Interest Ratio / Days to Cover
SpringBig has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SpringBig has recently increased by 25.83%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
SpringBig does not currently pay a dividend.
Dividend Growth
SpringBig does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SBIG.

2.5

News and Social Media Coverage

News Sentiment
SpringBig has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for SpringBig this week, compared to 1 article on an average week.
Search Interest
3 people have searched for SBIG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SpringBig insiders have bought more of their company's stock than they have sold. Specifically, they have bought $275,549.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.60% of the stock of SpringBig is held by insiders.
Percentage Held by Institutions
Only 11.54% of the stock of SpringBig is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for SpringBig are expected to grow in the coming year, from ($0.13) to $0.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SpringBig is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SpringBig is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About SpringBig (NASDAQ:SBIG) Stock

SpringBig Holdings, Inc. operates a software platform that provides customer loyalty and marketing automation solutions to cannabis retailers and brands in the United States and Canada. The company's platform connects consumers with retailers and brands through SMS marketing, emails, customer feedback system, and loyalty programs to support retailers and brands customer engagement and retention. Its reporting and analytics offerings deliver insights that clients utilize to understand their customer base, purchasing habits, and trends. The company was founded in 2016 and is headquartered in Boca Raton, Florida.

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SBIG Stock News Headlines

June 2, 2023 | americanbankingnews.com

SpringBig (SBIG) vs. The Competition Head-To-Head Review

June 2, 2023 | americanbankingnews.com

Jonathan Trauben Purchases 82,318 Shares of SpringBig Holdings, Inc. (NASDAQ:SBIG) Stock

June 2, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

June 2, 2023 | americanbankingnews.com

Contrasting SpringBig (SBIG) and Its Competitors

June 1, 2023 | benzinga.com

Cannabis Marketing Platform SpringBig Secures Major Financial Boost Via Equity Offering, Where Will The Funds Go?

June 1, 2023 | finance.yahoo.com

springbig Announces Closing of $4.0 Million Public Offering

May 29, 2023 | americanbankingnews.com

SpringBig (SBIG) & Its Peers Head-To-Head Survey

May 27, 2023 | americanbankingnews.com

Financial Contrast: SpringBig (SBIG) and Its Competitors

June 2, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

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May 26, 2023 | msn.com

SpringBig Holdings stock plummets on pricing of $4M public offering

May 26, 2023 | msn.com

SpringBig Stock Plummets On Pricing Of $4M Public Offering

May 26, 2023 | finance.yahoo.com

SpringBig Holdings, Inc. Announces Pricing of $4.0 Million Public Offering

May 26, 2023 | americanbankingnews.com

SpringBig (SBIG) & The Competition Head-To-Head Contrast

May 26, 2023 | americanbankingnews.com

SpringBig (NASDAQ:SBIG) Now Covered by Westpark Capital

May 25, 2023 | americanbankingnews.com

Comparing SpringBig (SBIG) and Its Peers

May 23, 2023 | americanbankingnews.com

SpringBig (SBIG) vs. Its Peers Critical Review

May 23, 2023 | americanbankingnews.com

Head-To-Head Review: SpringBig (SBIG) & Its Rivals

May 22, 2023 | americanbankingnews.com

Contrasting SpringBig (SBIG) & Its Rivals

May 19, 2023 | americanbankingnews.com

Reviewing SpringBig (SBIG) & The Competition

May 15, 2023 | americanbankingnews.com

SpringBig (SBIG) & Its Rivals Critical Analysis

May 12, 2023 | americanbankingnews.com

SpringBig (SBIG) and Its Peers Head-To-Head Analysis

May 12, 2023 | americanbankingnews.com

SpringBig (SBIG) versus The Competition Head to Head Comparison

May 7, 2023 | americanbankingnews.com

SpringBig (NASDAQ:SBIG) vs. CI&T (NYSE:CINT) Head-To-Head Survey

May 4, 2023 | benzinga.com

SpringBig's Q1 Earnings Up 16% YoY, Subscription Revenue Spikes 28%

May 4, 2023 | finance.yahoo.com

springbig Reports First Quarter 2023 Financial Results

May 2, 2023 | marketwatch.com

Upcoming Q1 Financial Results and Conference Call Spark High Interest in Advanced AI Platform Provider: springbig holdings, inc. (NASDAQ: SBIG)

April 25, 2023 | americanbankingnews.com

Jefferies Financial Group Comments on SpringBig Holdings, Inc.'s FY2024 Earnings (NASDAQ:SBIG)

See More Headlines

SBIG Price History

30 days | 90 days | 365 days | Advanced Chart

SBIG Company Calendar

Last Earnings: 3/09/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/21/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Custom computer programming services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SBIG
CUSIP: N/A
CIK: 1801602
Web: springbig.com
Phone: 800-772-9172
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $4.50
High Stock Price Forecast: $4.50
Low Stock Price Forecast: $4.50
Forecasted Upside/Downside: +1,116.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.51)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-13,080,000.00
Net Margins: -44.62%
Pretax Margin: -44.60%
Return on Equity: N/A
Return on Assets: -91.53%

Debt

Debt-to-Equity Ratio: 51.02
Current Ratio: 0.60
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $26.63 million
Price / Sales: 0.37
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.21) per share
Price / Book: -1.76

Miscellaneous

Outstanding Shares: 26,940,000
Free Float: 26,241,000
Market Cap: $9.97 million
Optionable: Not Optionable
Beta: 2.33

Key Executives

Mr. Jeffrey Harris (Age 57)
Co-Founder, CEO & Chairman
Comp: $265k

Mr. Paul Sykes (Age 56)
Chief Financial Officer
Comp: $326.76k

Mr. Navin Anand (Age 47)
Chief Technology Officer
Comp: $231.44k

Ms. Nat Shaul
Co-Founder & VP of Marketing

Mr. Mark Horbal
Co-Founder & Sr. VP of Digital Communications

Mr. Sam Harris
Co-Founder & CPO

Andrew Wei
Co-founder & VP of Engineering

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SBIG Stock - Frequently Asked Questions

Should I buy or sell SpringBig stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SpringBig in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBIG shares.
View SBIG analyst ratings or view top-rated stocks.
What is SpringBig's stock price forecast for 2023?: 3 Wall Street analysts have issued 1 year price targets for SpringBig's shares. Their SBIG share price forecasts range from $4.50 to $4.50. On average, they anticipate the company's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 1,116.5% from the stock's current price.
View analysts price targets for SBIG or view top-rated stocks among Wall Street analysts.
How have SBIG shares performed in 2023?: SpringBig's stock was trading at $0.4980 at the beginning of the year. Since then, SBIG shares have decreased by 25.7% and is now trading at $0.3699.
View the best growth stocks for 2023 here.
Are investors shorting SpringBig?: SpringBig saw a increase in short interest in May. As of May 15th, there was short interest totaling 339,500 shares, an increase of 25.8% from the April 30th total of 269,800 shares. Based on an average daily trading volume, of 94,500 shares, the days-to-cover ratio is currently 3.6 days. Currently, 1.3% of the shares of the stock are sold short.
View SpringBig's Short Interest.
When is SpringBig's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our SBIG earnings forecast.
How were SpringBig's earnings last quarter?: SpringBig Holdings, Inc. (NASDAQ:SBIG) released its earnings results on Thursday, March, 9th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.05. The company had revenue of $6.76 million for the quarter, compared to analyst estimates of $7.45 million.

What guidance has SpringBig issued on next quarter's earnings?: SpringBig updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.30 million-$7.60 million, compared to the consensus revenue estimate of $7.70 million.
What is SpringBig's stock symbol?: SpringBig trades on the NASDAQ under the ticker symbol "SBIG."
How do I buy shares of SpringBig?: Shares of SBIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is SpringBig's stock price today?: One share of SBIG stock can currently be purchased for approximately $0.37.
How much money does SpringBig make?: SpringBig (NASDAQ:SBIG) has a market capitalization of $9.97 million and generates $26.63 million in revenue each year. The company earns $-13,080,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.
How can I contact SpringBig?: SpringBig's mailing address is 655 THIRD AVENUE 8TH FLOOR, NEW YORK NY, 10017. The official website for the company is springbig.com. The company can be reached via phone at 800-772-9172 or via email at ir@mattio.com.

This page (NASDAQ:SBIG) was last updated on 6/2/2023 by MarketBeat.com Staff

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SpringBig (SBIG) Stock Forecast, Price & News

SpringBig MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About SpringBig (NASDAQ:SBIG) Stock

SBIG Stock News Headlines

SBIG Price History

SBIG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

SBIG Stock - Frequently Asked Questions

Overall MarketRank^™