NASDAQ:SBIG SpringBig (SBIG) Stock Forecast, Price & News $0.37 +0.08 (+27.60%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.30▼$0.3850-Day Range$0.29▼$0.8252-Week Range$0.16▼$5.44Volume654,533 shsAverage Volume231,359 shsMarket Capitalization$9.97 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SpringBig MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1,116.5% Upside$4.50 Price TargetShort InterestHealthy1.26% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 11 Articles This WeekInsider TradingAcquiring Shares$275,549 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.13) to $0.06 Per ShareSee Full Details Hide Full Details 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 RatingSpringBig 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/DownsideAccording 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 CoverageSpringBig has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.26% of the float of SpringBig has been sold short.Short Interest Ratio / Days to CoverSpringBig 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 monthShort interest in SpringBig has recently increased by 25.83%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSpringBig does not currently pay a dividend.Dividend GrowthSpringBig does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SBIG. Previous Next 2.5 News and Social Media Coverage News SentimentSpringBig 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 WeekMarketBeat has tracked 11 news articles for SpringBig this week, compared to 1 article on an average week.Search Interest3 people have searched for SBIG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn 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 InsidersOnly 2.60% of the stock of SpringBig is held by insiders.Percentage Held by InstitutionsOnly 11.54% of the stock of SpringBig is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SpringBig are expected to grow in the coming year, from ($0.13) to $0.06 per share.Price to Earnings Ratio vs. the MarketThe 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. SectorThe 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. Previous Next See Top Rated MarketRank™ Stocks Here About SpringBig (NASDAQ:SBIG) StockSpringBig 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.Read More Receive SBIG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SpringBig and its competitors with MarketBeat's FREE daily newsletter. Email Address SBIG Stock News HeadlinesJune 2, 2023 | americanbankingnews.comSpringBig (SBIG) vs. The Competition Head-To-Head ReviewJune 2, 2023 | americanbankingnews.comJonathan Trauben Purchases 82,318 Shares of SpringBig Holdings, Inc. (NASDAQ:SBIG) StockJune 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.comContrasting SpringBig (SBIG) and Its CompetitorsJune 1, 2023 | benzinga.comCannabis Marketing Platform SpringBig Secures Major Financial Boost Via Equity Offering, Where Will The Funds Go?June 1, 2023 | finance.yahoo.comspringbig Announces Closing of $4.0 Million Public OfferingMay 29, 2023 | americanbankingnews.comSpringBig (SBIG) & Its Peers Head-To-Head SurveyMay 27, 2023 | americanbankingnews.comFinancial Contrast: SpringBig (SBIG) and Its CompetitorsJune 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 26, 2023 | msn.comSpringBig Holdings stock plummets on pricing of $4M public offeringMay 26, 2023 | msn.comSpringBig Stock Plummets On Pricing Of $4M Public OfferingMay 26, 2023 | finance.yahoo.comSpringBig Holdings, Inc. Announces Pricing of $4.0 Million Public OfferingMay 26, 2023 | americanbankingnews.comSpringBig (SBIG) & The Competition Head-To-Head ContrastMay 26, 2023 | americanbankingnews.comSpringBig (NASDAQ:SBIG) Now Covered by Westpark CapitalMay 25, 2023 | americanbankingnews.comComparing SpringBig (SBIG) and Its PeersMay 23, 2023 | americanbankingnews.comSpringBig (SBIG) vs. Its Peers Critical ReviewMay 23, 2023 | americanbankingnews.comHead-To-Head Review: SpringBig (SBIG) & Its RivalsMay 22, 2023 | americanbankingnews.comContrasting SpringBig (SBIG) & Its RivalsMay 19, 2023 | americanbankingnews.comReviewing SpringBig (SBIG) & The CompetitionMay 15, 2023 | americanbankingnews.comSpringBig (SBIG) & Its Rivals Critical AnalysisMay 12, 2023 | americanbankingnews.comSpringBig (SBIG) and Its Peers Head-To-Head AnalysisMay 12, 2023 | americanbankingnews.comSpringBig (SBIG) versus The Competition Head to Head ComparisonMay 7, 2023 | americanbankingnews.comSpringBig (NASDAQ:SBIG) vs. CI&T (NYSE:CINT) Head-To-Head SurveyMay 4, 2023 | benzinga.comSpringBig's Q1 Earnings Up 16% YoY, Subscription Revenue Spikes 28%May 4, 2023 | finance.yahoo.comspringbig Reports First Quarter 2023 Financial ResultsMay 2, 2023 | marketwatch.comUpcoming Q1 Financial Results and Conference Call Spark High Interest in Advanced AI Platform Provider: springbig holdings, inc. (NASDAQ: SBIG)April 25, 2023 | americanbankingnews.comJefferies Financial Group Comments on SpringBig Holdings, Inc.'s FY2024 Earnings (NASDAQ:SBIG)See More Headlines SBIG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBIG Company Calendar Last Earnings3/09/2023Today6/02/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SBIG CUSIPN/A CIK1801602 Webspringbig.com Phone800-772-9172FaxN/AEmployeesN/AYear FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.51) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,080,000.00 Net Margins-44.62% Pretax Margin-44.60% Return on EquityN/A Return on Assets-91.53% Debt Debt-to-Equity Ratio51.02 Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$26.63 million Price / Sales0.37 Cash FlowN/A Price / Cash FlowN/A Book Value($0.21) per share Price / Book-1.76Miscellaneous Outstanding Shares26,940,000Free Float26,241,000Market Cap$9.97 million OptionableNot Optionable Beta2.33 Key ExecutivesMr. Jeffrey Harris (Age 57)Co-Founder, CEO & Chairman Comp: $265kMr. Paul Sykes (Age 56)Chief Financial Officer Comp: $326.76kMr. Navin Anand (Age 47)Chief Technology Officer Comp: $231.44kMs. Nat ShaulCo-Founder & VP of MarketingMr. Mark HorbalCo-Founder & Sr. VP of Digital CommunicationsMr. Sam HarrisCo-Founder & CPOAndrew WeiCo-founder & VP of EngineeringMore ExecutivesKey CompetitorsTSRNASDAQ:TSRIPowerbridge TechnologiesNASDAQ:PBTSCemtrexNASDAQ:CETXLocafyNASDAQ:LCFYADDvantage Technologies GroupNASDAQ:AEYView All CompetitorsInsidersJeffrey Todd HarrisBought 658,544 shares on 5/31/2023Total: $197,563.20 ($0.30/share)Paul SykesBought 164,636 shares on 5/31/2023Total: $49,390.80 ($0.30/share)Jonathan TraubenBought 82,318 shares on 5/31/2023Total: $24,695.40 ($0.30/share)Jonathan TraubenBought 15,000 shares on 5/26/2023Total: $3,900.00 ($0.26/share)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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SpringBig Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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