Analyst Price Target is $7.00
▲ +51.19% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for WidePoint 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 51.19% upside from the last price of $4.63.
Current Consensus is
Strong Buy
The current consensus among 2 investment analysts is to buy (strong buy) stock in WidePoint.
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a secure federal government certified proprietary portal and secure enterprise portal that provides ability to manage, analyze, and protect communications assets, as well as deploys identity management solutions that provides secured virtual and physical access to restricted environments. The company's solutions includes telecom lifecycle management that provides customers a full visibility of its telecom assets; and mobile and identity management, a multifactor authentication solution to conduct business through a secure portals, as well as mobile security solutions that protects users, devices, and corporate resources, including effective mobile program policies. It also offers digital billing and analytics solutions to large communications service providers that enables its customers to view and analyze the bills online. In addition, the company provides IT as a service, including cybersecurity, cloud services, network operations, and professional services; outsourcing solution; development operations support, artificial intelligence implementation, and the Microsoft stack of technologies; and migration to the cloud services. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia.
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