SuperCom (SPCB, Financial) has successfully obtained a new contract to provide electronic monitoring services in Kentucky. This engagement, achieved through a direct agreement with a state government agency, will see the implementation of SuperCom’s advanced GPS tracking technology.
The contract outlines a per-unit daily lease arrangement, under which SuperCom will deploy its sophisticated tracking systems to enhance monitoring capabilities. This development marks a significant step for the company in strengthening its presence and expertise in government technology solutions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for SuperCom Ltd (SPCB, Financial) is $14.00 with a high estimate of $18.00 and a low estimate of $10.00. The average target implies an upside of 132.95% from the current price of $6.01. More detailed estimate data can be found on the SuperCom Ltd (SPCB) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, SuperCom Ltd's (SPCB, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SuperCom Ltd (SPCB, Financial) in one year is $11.25, suggesting a upside of 87.19% from the current price of $6.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SuperCom Ltd (SPCB) Summary page.
