
American Software (AMSWA) Stock Forecast & Price Target
American Software (AMSWA) Analyst Ratings
Bulls say
American Software Inc. exhibits a positive outlook due to a sequential increase in remaining performance obligations (RPO), which reached $128 million, reflecting a 3.5% year-over-year growth. Subscription revenues have also shown resilience, climbing 8.0% year-over-year to $14.1 million, indicating strong demand for cloud-based solutions despite slight delays in new contract signings. Furthermore, the company's focus on enhancing its core supply chain planning business, combined with growing early adoption trends in AI-driven solutions, positions American Software for renewed revenue growth and improved margin expansion moving forward.
Bears say
American Software Inc. has experienced a decline in key financial metrics, including a gross margin of 63.8% that fell short of expectations due to decreased subscription and maintenance margins. Additionally, the company revised its fiscal year 2024 revenue guidance downward from $120M-$126M to $100M-$104M, indicating weaker core business performance and divestments, which contributes to a more cautious outlook for future earnings. Management's reduction of recurring revenue guidance, coupled with anticipated profitability challenges from the recent Garvis acquisition, suggests ongoing headwinds that may negatively impact the company's overall financial health.
This aggregate rating is based on analysts' research of American Software and is not a guaranteed prediction by Public.com or investment advice.
American Software (AMSWA) Analyst Forecast & Price Prediction
Start investing in American Software (AMSWA)
Order type
Buy in
Order amount
Est. shares
0 shares