0.6% Above Target

Wall Street's consensus price target for PROV is $17, -0.6% from its current price of $17.11. The below-market target from 10 analysts suggests limited near-term appreciation.

PROV has a consensus rating of "Hold" based on 10 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $17 implies -0.6% downside from current levels.

With a forward P/E of 16.5314x, PROV trades at a relatively low valuation. The consensus target of $17 implies -0.6% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $17 for PROV, while the most conservative target is $17. The consensus of $17 represents the median expectation. Our quantitative valuation model projects a bull case target of $21 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PROV is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 8 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PROV stock forecast based on 10 Wall Street analysts shows a consensus price target of $17, with estimates ranging from $17 (bear case) to $17 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $16, with bear/bull scenarios of $10/$21.

Our quantitative valuation model calculates PROV's fair value at $16 (base case), with a bear case of $10 and bull case of $21. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 41/100.

PROV trades at a forward P/E ratio of 16.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on PROV, with 0 Sell ratings and a price target of $17 (-0.6% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PROV analyst price targets range from $17 to $17, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $17 consensus represents the middle ground. Our model's $10-$21 range provides an independent fundamental perspective.