Free Trial

BM Technologies (BMTX) Stock Forecast & Price Target

+0.19 (+6.62%)
(As of 07/19/2024 ET)

BM Technologies - 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

Based on 3 Wall Street analysts who have issued ratings for BM Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for BMTX.

Consensus Price Target

120.59% Upside
High Forecast$8.00
Average Forecast$6.75
Low Forecast$4.25

According to the 3 analysts' twelve-month price targets for BM Technologies, the average price target is $6.75. The highest price target for BMTX is $8.00, while the lowest price target for BMTX is $4.25. The average price target represents a forecasted upside of 120.59% from the current price of $3.06.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.75$6.75$6.75$9.33
Forecasted Upside120.59% Upside166.27% Upside216.16% Upside163.95% Upside
Get BM Technologies Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for BMTX and its competitors with MarketBeat's FREE daily newsletter.

BMTX 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.
Skip Chart & View Analyst Rating History

BMTX 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

BM Technologies Stock vs. The Competition

TypeBM TechnologiesFinance CompaniesS&P 500
Consensus Rating Score
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside120.59% Upside37.65% Upside9.99% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/20/2024Chardan Capital
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$8.00 ➝ $8.00+187.77%
8/25/2023Maxim Group
5 of 5 stars
 Lower TargetBuy ➝ Buy$10.00 ➝ $8.00+280.95%
8/23/2023Northland Securities
4 of 5 stars
 Lower TargetMarket Perform ➝ Market Perform$5.00 ➝ $4.25+55.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:23 PM ET.

BMTX Forecast - Frequently Asked Questions

What is BM Technologies' forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for BM Technologies is $6.75, with a high forecast of $8.00 and a low forecast of $4.25.

Should I buy or sell BM Technologies stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BM Technologies in the last twelve months. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BMTX shares.

Does BM Technologies's stock price have much upside?

According to analysts, BM Technologies's stock has a predicted upside of 166.27% based on their 12-month stock forecasts.

What analysts cover BM Technologies?

BM Technologies has been rated by research analysts at Chardan Capital in the past 90 days.

Do Wall Street analysts like BM Technologies more than its competitors?

Analysts like BM Technologies more than other "finance" companies. The consensus rating for BM Technologies is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BMTX compares to other companies.

This page (NYSE:BMTX) was last updated on 7/19/2024 by Staff

From Our Partners