Analyst Price Target is $7.00
▲ +139.73% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Performant Financial in the last 3 months. The average price target is $7.00, with a high forecast of $7.00 and a low forecast of $7.00. The average price target represents a 139.73% upside from the last price of $2.92.
Current Consensus is
Strong Buy
The current consensus among 2 contributing investment analysts is to buy (strong buy) stock in Performant Financial. This rating has held steady since September 2024, when it changed from a Buy consensus rating.
Performant Financial Corporation provides technology-enabled audit, recovery, and analytics services in the United States. The company identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation or claims submitted based on outdated fee schedules, and coverage discrepancies; and provides first party call center and other outsourced services. The company also offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. It offers services to government and commercial healthcare markets. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Plantation, Florida.
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