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Peeling Back The Layers: Exploring SoundThinking Through Analyst Insights

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Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on SoundThinking (NASDAQ:SSTI) in the last three months.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 0 0 0
Last 30D 1 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 2 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.0, a high estimate of $30.00, and a low estimate of $20.00. The current average, unchanged from the previous average price target, holds steady.

Interpreting Analyst Ratings: A Closer Look

A clear picture of SoundThinking’s perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Richard Baldry Roth MKM Maintains Buy $30.00
Yi Fu Lee Cantor Fitzgerald Lowers Overweight $20.00 $25.00
Yi Fu Lee Cantor Fitzgerald Maintains Overweight $25.00
Yi Fu Lee Cantor Fitzgerald Maintains Overweight $25.00

Key Insights:

Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they ‘Maintain’, ‘Raise’ or ‘Lower’ their stance, it reflects their reaction to recent developments related to SoundThinking. This information offers a snapshot of how analysts perceive the current state of the company.
Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from ‘Outperform’ to ‘Underperform’. These ratings convey expectations for the relative performance of SoundThinking compared to the broader market.
Price Targets: Gaining insights, analysts provide estimates for the future value of SoundThinking’s stock. This comparison reveals trends in analysts’ expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of SoundThinking’s market position. Stay informed and make data-driven decisions with the…

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