12 Month Price Forecast For BMTX
Distance to BMTX Price Forecasts
BMTX Price Momentum
๐ค Considering BM Technologies (BMTX)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 2:33 AM UTC
BMTX Analyst Ratings & Price Targets
Based on our analysis of 4 Wall Street analysts, BMTX has a consensus that is neutral. The median price target is $5.40, with forecasts ranging from $5.40 to $5.40. Currently, there are 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
With BMTX currently trading at $4.98, the median price forecast suggests a 8.4% upside. The most optimistic forecast comes from Mike Grondahl at Northland Capital Markets, projecting a 8.4% upside, while Mike Grondahl at Northland Capital Markets provides the most conservative target, suggesting a 8.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BMTX Analyst Consensus
BMTX Price Target Range
Latest BMTX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BMTX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Oct 28, 2024 | Maxim Group | Michael Diana | Hold | Downgrade | $0.00 |
Aug 22, 2024 | Northland Capital Markets | Mike Grondahl | Outperform | Upgrade | $5.40 |
Jul 22, 2024 | Northland Capital Markets | Mike Grondahl | Market Perform | Maintains | $3.50 |
May 20, 2024 | Chardan Capital | Brian Dobson | Buy | Maintains | $8.00 |
Apr 22, 2024 | Chardan Capital | Brian Dobson | Buy | Maintains | $8.00 |
Apr 4, 2024 | Chardan Capital | Brian Dobson | Buy | Maintains | $8.00 |
Aug 25, 2023 | Maxim Group | Michael Diana | Buy | Maintains | $8.00 |
Aug 23, 2023 | Northland Capital Markets | Mike Grondahl | Market Perform | Maintains | $4.25 |
Jul 26, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $8.00 |
May 23, 2023 | Chardan Capital | Brian Dobson | Buy | Reiterates | $13.00 |
Mar 29, 2023 | Chardan Capital | Brian Dobson | Buy | Reiterates | $13.00 |
Mar 28, 2023 | Northland Capital Markets | Mike Grondahl | Market Perform | Maintains | $6.00 |
Feb 7, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $13.00 |
Nov 16, 2022 | Northland Capital Markets | Mike Grondahl | Market Perform | Downgrade | $7.00 |
Dec 22, 2021 | Chardan Capital | Buy | Initiates | $0.00 | |
Nov 23, 2021 | Chardan Capital | Buy | Initiates | $0.00 | |
Jun 3, 2021 | Maxim Group | Buy | Initiates | $0.00 |
Stocks Similar to BM Technologies, Inc.
The following stocks are similar to BM Technologies based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
BM Technologies, Inc. (BMTX) Financial Data
BM Technologies, Inc. has a market capitalization of $60.20M with a P/E ratio of -3.3x. The company generates $57.96M in trailing twelve-month revenue with a -20.7% profit margin.
Revenue growth is -0.8% quarter-over-quarter, while maintaining an operating margin of -24.2% and return on equity of -37.4%.
Valuation Metrics
Growth & Margins
Financial Health
๐ฅ Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
BM Technologies, Inc. (BMTX) Company Overview
About BM Technologies, Inc.
Provides digital banking and disbursement services.
The company operates a fintech platform that connects customers with partner banks to facilitate deposits and banking services. It generates revenue primarily through transaction fees, service fees, and interest income from deposits.
Founded in 2015 and headquartered in Wayne, Pennsylvania, the company rebranded from BankMobile Technologies, Inc. to BM Technologies, Inc. in January 2021, reflecting its focus on technology-driven banking solutions.
Company Information
Sector
Technology
Industry
Software - Application
Employees
200
CEO
Ms. Luvleen Sidhu
Country
United States
IPO Year
2018
Website
ir.bmtxinc.comBM Technologies, Inc. (BMTX) Latest News & Analysis
Kahn Swick & Foti is investigating the proposed sale of BM Technologies (NYSE: BMTX) to First Carolina Bank, which offers $5.00 per share. They aim to assess the adequacy of this deal for shareholders.
The investigation into BM Technologies' sale to First Carolina Bank may indicate potential issues with the acquisition price, impacting shareholder value and market perception.
BM Technologies reported YTD 2024 revenue of $42.8 million, a 6% increase YoY. The company will be acquired by First Carolina Bank for $5 per share in an all-cash deal valued at $67 million.
BM Technologies' revenue growth and acquisition by First Carolina Bank at $5 per share indicate strong market positioning and exit strategy, influencing investor confidence and stock valuations.
BM Technologies, Inc. (BMTX) reported a quarterly loss of $0.42 per share, exceeding the Zacks Consensus Estimate of a $0.18 loss, and worsening from a $0.34 loss per share a year earlier.
BM Technologies' larger-than-expected quarterly loss signals financial struggles, potentially impacting investor confidence and stock performance.
BM Technologies (BMTX) Wins Tech & Learning Award of Excellence for Back-to-School 2024
2 months agoBM Technologies, Inc. (NYSE: BMTX) received the Tech & Learning Award of Excellence for its BankMobile Disbursements and Vibe products, recognizing their impact on higher education solutions.
BM Technologies' recognition for innovative education solutions can boost its reputation, attract more partnerships, and potentially increase revenue, impacting stock performance positively.
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of BM Technologies, Inc. โ BMTX
2 months agoMonteverde & Associates is investigating BM Technologies (NYSE: BMTX) regarding its merger with First Carolina Bank, offering $5.00 per share to stockholders.
The proposed merger indicates a cash payout for BM Technologies shareholders, potentially affecting stock value and offering liquidity, which may attract investor interest in the company.
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of BM Technologies, Inc. - BMTX
2 months agoMonteverde & Associates is investigating BM Technologies, Inc. (NYSE: BMTX) regarding its proposed merger with First Carolina Bank. The firm has a strong track record in shareholder recovery.
The investigation into BM Technologies' merger could impact stock prices and shareholder value, signaling potential risks or opportunities for investors in the company.
Frequently Asked Questions About BMTX Stock
What is BM Technologies, Inc.'s (BMTX) stock forecast for 2025?
Based on our analysis of 4 Wall Street analysts, BM Technologies, Inc. (BMTX) has a median price target of $5.40. The highest price target is $5.40 and the lowest is $5.40.
Is BMTX stock a good investment in 2025?
According to current analyst ratings, BMTX has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $4.98. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BMTX stock?
Wall Street analysts predict BMTX stock could reach $5.40 in the next 12 months. This represents a 8.4% increase from the current price of $4.98. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is BM Technologies, Inc.'s business model?
The company operates a fintech platform that connects customers with partner banks to facilitate deposits and banking services. It generates revenue primarily through transaction fees, service fees, and interest income from deposits.
What is the highest forecasted price for BMTX BM Technologies, Inc.?
The highest price target for BMTX is $5.40 from Mike Grondahl at Northland Capital Markets, which represents a 8.4% increase from the current price of $4.98.
What is the lowest forecasted price for BMTX BM Technologies, Inc.?
The lowest price target for BMTX is $5.40 from Mike Grondahl at Northland Capital Markets, which represents a 8.4% increase from the current price of $4.98.
What is the overall BMTX consensus from analysts for BM Technologies, Inc.?
The overall analyst consensus for BMTX is neutral. Out of 4 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $5.40.
How accurate are BMTX stock price projections?
Stock price projections, including those for BM Technologies, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.