Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
BM Technologies, Inc. Market Cap
From what 0 stock analysts predict, the share price for BM Technologies, Inc. (BMTX) might increase by 59.51% in the next year. This is based on a 12-month average estimation for BMTX. Price targets go from $5 to $5.4. The majority of stock analysts believe BMTX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
BMTX is a stock in Technology which has been forecasted to be worth $5.2 as an average. On the higher end, the forecast price is $5.4 USD by Mike Grondahl from Northland Capital Markets and on the lower end BMTX is forecasted to be $5 by from .
These are the latest 20 analyst ratings of BMTX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mike Grondahl Northland Capital Markets | Outperform | $5.4 | Upgrade | Aug 22, 2024 |
| Mike Grondahl Northland Capital Markets | Market Perform | $3.5 | Maintains | Jul 22, 2024 |
| Brian Dobson Chardan Capital | Buy | $8 | Maintains | May 20, 2024 |
| Brian Dobson Chardan Capital | Buy | $8 | Maintains | Apr 22, 2024 |
| Brian Dobson Chardan Capital | Buy | $8 | Maintains | Apr 4, 2024 |
| Michael Diana Maxim Group | Buy | $8 | Maintains | Aug 25, 2023 |
| Mike Grondahl Northland Capital Markets | Market Perform | $4.25 | Maintains | Aug 23, 2023 |
| Brian Dobson Chardan Capital | Buy | $8 | Maintains | Jul 26, 2023 |
| Brian Dobson Chardan Capital | Buy | $13 | Reiterates | May 23, 2023 |
| Brian Dobson Chardan Capital | Buy | $13 | Reiterates | Mar 29, 2023 |
| Mike Grondahl Northland Capital Markets | Market Perform | $6 | Maintains | Mar 28, 2023 |
| Brian Dobson Chardan Capital | Buy | $13 | Maintains | Feb 7, 2023 |
| Mike Grondahl Northland Capital Markets | Market Perform | $7 | Downgrade | Nov 16, 2022 |
Chardan Capital | Buy | Initiates | Dec 22, 2021 | |
Chardan Capital | Buy | Initiates | Nov 23, 2021 | |
Maxim Group | Buy | Initiates | Jun 3, 2021 |
When did it IPO
2018
Staff Count
200
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Ms. Luvleen Sidhu
Market Cap
$39.4M
In 2023, BMTX generated $55.3M in revenue, which was a decrease of -33.91% from the previous year. This can be seen as a signal that BMTX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 13 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ATS, BMTX, and B have been designated with a Zacks Rank #5 (Strong Sell) as of September 13, 2024.
Why It Matters - The addition of ATS, BMTX, and B to the Zacks Rank #5 (Strong Sell) indicates potential declines in these stocks, signaling increased risk for current or prospective investors.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Jamie Donahue, President and CTO of BM Technologies, Inc. (BMTX), will speak at Finovate Fall 2024 on September 11, highlighting innovations in fintech and financial services.
Why It Matters - BMTX's participation in key fintech conferences signals its commitment to innovation and leadership in the sector, potentially enhancing its market position and attracting investor interest.
Fri, 23 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ARCO, BMTX, and TECH were added to the Zacks Rank #5 (Strong Sell) List on August 23, 2024, indicating a negative outlook for these stocks.
Why It Matters - ARCO, BMTX, and TECH's addition to the Zacks Rank #5 (Strong Sell) indicates potential underperformance, signaling investors to reassess positions in these stocks.
Thu, 15 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - BM Technologies, Inc. (NYSE:BMTX) will hold its Q2 2024 earnings conference call on August 15, 2024, at 9:00 AM ET, featuring key executives and analysts.
Why It Matters - The earnings call will provide insights into BM Technologies' financial performance and strategic direction, influencing investor sentiment and stock valuation.
Wed, 14 Aug 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - BM Technologies, Inc. reported Q2 2024 revenue of $28.7 million, a 10% YoY increase. Interchange and card revenue rose 57% YoY. New cash back rewards and IDV products launched.
Why It Matters - Revenue growth of 10% and a 57% increase in interchange and card revenue signal strong demand and effective growth strategies, enhancing BM Technologies' market position and investor confidence.
Wed, 14 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - BM Technologies, Inc. (BMTX) reported a quarterly loss of $0.41 per share, exceeding the Zacks estimate of $0.18 and worsening from a loss of $0.35 per share a year earlier.
Why It Matters - BMTX's larger-than-expected quarterly loss signals worse-than-anticipated performance, potentially impacting investor sentiment and stock price negatively.
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