Performant Financial - PFMT Stock Price Target and Predictions

  • Consensus Rating: Strong Buy
  • Consensus Price Target: $7.00
  • Forecasted Upside: 139.73%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 1 Strong Buy Ratings
$2.92
▼ -0.12 (-3.95%)

This chart shows the closing price for PFMT by one month, three months, or twelve months.

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Analyst Price Target for PFMT

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.

This chart shows the closing price for PFMT for the last year in relation to the current analyst high, average, and low pricetarget.

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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.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/22/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/21/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/7/2024B. RileyLower TargetBuy ➝ Buy$8.00 ➝ $7.00
10/1/2024Craig HallumUpgradeStrong-Buy
7/25/2024B. RileyInitiated CoverageBuy$8.00
12/20/2022Lake Street CapitalReiterated RatingBuy$8.00
4/11/2022Lake Street CapitalInitiated CoverageBuy
3/22/2022Colliers SecuritiesReiterated RatingBuy
12/22/2021Colliers SecuritiesReiterated RatingBuy$11.00
10/8/2021Colliers SecuritiesReiterated RatingBuy$11.00
8/9/2021Colliers SecuritiesReiterated RatingBuy$10.00
7/7/2021Craig HallumInitiated CoverageBuy$10.00
6/29/2021Colliers SecuritiesReiterated RatingBuy$10.00
6/4/2021Colliers SecuritiesInitiated CoverageBuy$10.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.09 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/24/2024
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/24/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/22/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/21/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/21/2024
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/20/2024

Current Sentiment

  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Performant Financial logo
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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Today's Range

Now: $2.92
Low: $2.90
High: $3.06

50 Day Range

MA: $3.68
Low: $2.92
High: $4.28

52 Week Range

Now: $2.92
Low: $2.37
High: $4.35

Volume

79,732 shs

Average Volume

176,788 shs

Market Capitalization

$228.61 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Performant Financial?

The following sell-side analysts have issued stock ratings on Performant Financial in the last year: B. Riley, Craig Hallum, StockNews.com, and TheStreet.
View the latest analyst ratings for PFMT.

What is the current price target for Performant Financial?

0 Wall Street analysts have set twelve-month price targets for Performant Financial in the last year. Their average twelve-month price target is $7.00, suggesting a possible upside of 139.7%. B. Riley has the highest price target set, predicting PFMT will reach $7.00 in the next twelve months. B. Riley has the lowest price target set, forecasting a price of $7.00 for Performant Financial in the next year.
View the latest price targets for PFMT.

What is the current consensus analyst rating for Performant Financial?

Performant Financial currently has 1 buy rating and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Strong Buy."
View the latest ratings for PFMT.

What other companies compete with Performant Financial?

How do I contact Performant Financial's investor relations team?

Performant Financial's physical mailing address is 333 North Cayons Parkway, Livermore CA, 94551. The business services provider's listed phone number is (925) 960-4800 and its investor relations email address is [email protected]. The official website for Performant Financial is performantcorp.com. Learn More about contacing Performant Financial investor relations.