In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Fathom Holdings (FTHM – Research Report), with a price target of $55.00. The company’s shares closed last Monday at $50.16, close to its 52-week high of $56.81.
According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 66.0% and a 63.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Remark Holdings, Digital Turbine, and SharpSpring.
Currently, the analyst consensus on Fathom Holdings is a Moderate Buy with an average price target of $54.50, which is a 9.3% upside from current levels. In a report issued on February 9, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $54.00 price target.
Based on Fathom Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $55.85 million and GAAP net loss of $183.7K. In comparison, last year the company earned revenue of $32.09 million and had a GAAP net loss of $238.9K.
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Fathom Holdings Inc is a cloud-based, technology driven, full-service real estate brokerage company. The company primarily operates in the United States residential real estate industry.