Velocity Financial (VEL) Stock Forecast, Price Target & Predictions
VEL Stock Forecast
Velocity Financial (VEL) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $23.00, with a high of $23.00 and a low of $23.00. This represents a 13.75% increase from the last price of $20.22.
VEL Stock Rating
Velocity Financial stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (71.43%), 1 Hold (14.29%), 1 Sell (14.29%), and 0 Strong Sell (0.00%).
Buy
VEL Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Velocity Financial | 13.75% |
| Sector | Financial Services Stocks | 5.18% |
| Industry | Mortgage Stocks | 5.66% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $20.22 | $20.22 | $20.22 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Jan, 26 | 1 | 1 | - | 1 | - | 3 |
| Dec, 25 | 1 | 1 | - | 1 | - | 3 |
| Nov, 25 | 1 | 1 | - | 1 | - | 3 |
| Oct, 25 | 1 | 1 | - | 1 | - | 3 |
| Sep, 25 | 1 | 1 | - | 1 | - | 3 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 05, 2024 | Stephen Laws | Raymond James | $23.00 | $20.61 | 11.60% | 13.75% |
| May 30, 2024 | Stephen Laws | Raymond James | $22.00 | $18.19 | 20.95% | 8.80% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 05, 2024 | Raymond James | Outperform | Outperform | hold |
| Sep 20, 2024 | Wells Fargo | Underweight | downgrade | |
| Aug 02, 2024 | BTIG | Buy | Buy | hold |
| Aug 02, 2024 | JMP Securities | Outperform | Outperform | hold |
| May 30, 2024 | Raymond James | Outperform | Outperform | hold |
| Apr 30, 2024 | JMP Securities | Outperform | Outperform | hold |
| Dec 12, 2023 | BTIG | Buy | Buy | hold |
| Oct 06, 2023 | Citigroup | Neutral | Neutral | hold |
| Oct 13, 2022 | UBS | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $1.28 | $0.99 | $1.60 | $2.10 | - | - |
| Avg Forecast | $0.90 | $1.26 | $1.45 | $1.92 | $2.19 | $2.20 |
| High Forecast | $1.03 | $1.59 | $1.70 | $2.25 | $2.57 | $2.58 |
| Low Forecast | $0.76 | $1.09 | $1.32 | $1.74 | $1.99 | $2.00 |
| Surprise % | 42.22% | -21.43% | 10.34% | 9.38% | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $75.88M | $93.08M | $131.72M | - | - | - |
| Avg Forecast | $115.37M | $97.25M | $147.12M | $176.65M | $195.90M | $191.49M |
| High Forecast | $128.82M | $117.12M | $166.70M | $200.15M | $221.96M | $191.49M |
| Low Forecast | $101.92M | $87.03M | $136.80M | $164.25M | $182.15M | $191.49M |
| Surprise % | -34.23% | -4.29% | -10.47% | - | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $29.22M | $32.21M | $52.27M | $68.42M | - | - |
| Avg Forecast | $30.97M | $43.37M | $51.52M | $64.38M | $73.37M | $78.96M |
| High Forecast | $35.66M | $54.90M | $58.68M | $77.46M | $88.68M | $88.98M |
| Low Forecast | $26.28M | $37.45M | $45.46M | $60.01M | $68.71M | $68.94M |
| Surprise % | -5.64% | -25.73% | 1.46% | 6.27% | - | - |