Stock Price Prediction

SPMC stock is currently viewed positively by analysts, with B. Riley Securities assigning a "Buy" rating and a one-year price target of $21.42, reflecting a 7.91% upside from its last closing price of $19.85. This optimism is supported by a significant increase in institutional ownership, with a 1,000% rise in fund positions last quarter, indicating strong investor confidence. Additionally, the projected annual non-GAAP EPS of $1.13 suggests stable earnings potential.

SPMC stock currently trades at $19.85, with analysts projecting a 7.91% upside to $21.42. This bullish view is supported by increased institutional ownership and a positive sentiment from B. Riley Securities' "Buy" recommendation. However, the upside is relatively modest, suggesting limited short-term growth potential.

The market consensus for SPMC's revenue in the upcoming quarter is projected to be approximately $24.69M USD.

The market consensus for SPMC's eps in the upcoming quarter is projected to be approximately $0.63 USD.