Piper Sandler Companies (PIPR, Financial) announced its first-quarter revenue for 2025, reaching $357 million. This figure fell short of market expectations, which anticipated revenue at $367.73 million. Despite this miss, the company highlighted that its advisory services achieved record revenues for the first quarter.
Chad Abraham, the firm's chairman and CEO, emphasized the company's strong start to the year, driven by its advisory sector. He assured that, amidst current market uncertainties, Piper Sandler remains committed to engaging with clients by utilizing its extensive industry knowledge and wide range of products to guide them effectively.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Piper Sandler Cos (PIPR, Financial) is $250.00 with a high estimate of $250.00 and a low estimate of $250.00. The average target implies an upside of 2.96% from the current price of $242.81. More detailed estimate data can be found on the Piper Sandler Cos (PIPR) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Piper Sandler Cos's (PIPR, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" 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 Piper Sandler Cos (PIPR, Financial) in one year is $192.91, suggesting a downside of 20.55% from the current price of $242.81. 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 Piper Sandler Cos (PIPR) Summary page.
