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Newtek Business Services Corp
NASDAQ:NEWT

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Newtek Business Services Corp Logo
Newtek Business Services Corp
NASDAQ:NEWT
Watchlist
Price: 11.16 USD 1.36% Market Closed
Updated: May 6, 2024

Wall Street
Price Targets

NEWT Price Targets Summary
Newtek Business Services Corp

Wall Street analysts forecast NEWT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NEWT is 14.03 USD with a low forecast of 11.11 USD and a high forecast of 18.9 USD.

Lowest
Price Target
11.11 USD
0% Downside
Average
Price Target
14.03 USD
26% Upside
Highest
Price Target
18.9 USD
69% Upside

NEWT Last Price Targets
Newtek Business Services Corp

The latest public price target was made on Mar 18, 2024 by Crispin Love from Piper Sandler , who expects NEWT stock to drop by 1% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Crispin Love
Piper Sandler
11 USD
Downside 1%
1 month ago
Mar 18, 2024
Newtek Business Services (NEWT) PT Lowered to $11 at Piper Sandler
StreetInsider
Crispin Love
Piper Sandler
Price Target 11 USD
Upside/Downside 1%
View Source
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Price Targets
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Revenue
Forecast

Revenue Estimate
Newtek Business Services Corp

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's revenue is 17%. The projected CAGR for the next 2 years is 11%.

17%
Past Growth
11%
Estimated Growth
Estimates Accuracy
80%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Newtek Business Services Corp

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's operating income is 7%. The projected CAGR for the next 2 years is 31%.

7%
Past Growth
31%
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Newtek Business Services Corp

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's net income is 3%. The projected CAGR for the next 2 years is 8%.

3%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-31%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NEWT's stock price target?
Price Target
14.03 USD

According to Wall Street analysts, the average 1-year price target for NEWT is 14.03 USD with a low forecast of 11.11 USD and a high forecast of 18.9 USD.

What is Newtek Business Services Corp's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's revenue is 17%. The projected CAGR for the next 2 years is 11%.

What is Newtek Business Services Corp's Operating Income forecast?
Projected CAGR
31%

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's operating income is 7%. The projected CAGR for the next 2 years is 31%.

What is Newtek Business Services Corp's Net Income forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Newtek Business Services Corp's net income is 3%. The projected CAGR for the next 2 years is 8%.