Next quarter’s earnings estimate for BYIT is 0.09p with a range of 0.09p to 0.09p. The previous quarter’s EPS was 0.12p. BYIT beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 49.23% of the time in the same period. In the last calendar year BYIT has Preformed in-line its overall industry.

BYIT Sales Forecast

Next quarter’s sales forecast for BYIT is 101.50M with a range of 98.80M to 104.20M. The previous quarter’s sales results were 105.47M. BYIT beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 60.47% of the time in the same period. In the last calendar year BYIT has Preformed in-line its overall industry.

Detailed List of Analyst Forecasts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Alex Hoa Nguyen

Jefferies

500p

Hold

15.74%

Upside

Assigned

10/17/24

Bytes Technology Group Plc: A Hold Recommendation Amid Mixed Financial Performance

Christopher Tong

Not Ranked

UBS

515p

Buy

19.21%

Upside

Reiterated

10/16/24

UBS Reaffirms Their Buy Rating on Bytes Technology Group Plc (BYIT)

Unknown Analyst

Not Ranked

Berenberg Bank

640p

Buy

48.15%

Upside

Reiterated

10/16/24

Unknown Analyst

Not Ranked

Shore Capital

―

Buy

―

Reiterated

10/15/24

Tintin Stormont

Deutsche Bank

5.85p→620p

Buy

43.52%

Upside

Reiterated

05/24/24

Bytes Technology Group PLC (BYIT:LN) PT Raised to GBP6.20 at Deutsche BankDeutsche Bank analyst Tintin Stormont raised the price target on Bytes Technology Group PLC (BYIT:LN) to GBP6.20 (from GBP5.85) while maintaining a Buy rating.

Unknown Analyst

Not Ranked

HSBC

67,500p→625p

Buy

44.68%

Upside

Upgraded

04/22/24

HSBC Upgrades Bytes Technology Group PLC (BYIT:LN) to BuyThe analyst commented: "We expect Bytes to remain the fastest growing VAR reflecting its software exposure; yet, at the current share price, the market is pricing in a sharper slowdown. We upgrade Bytes to Buy (from Hold) with a revised TP of 625p (from 675p). Our scenario analysis shows more risks to the upside than downside for the sector."

Unknown Analyst

Not Ranked

Panmure Liberum

650p

Hold

50.46%

Upside

Initiated

02/22/24

James Zaremba

Barclays

660p

Buy

52.78%

Upside

Reiterated

02/18/24

Best Analysts Covering Bytes Technology Group Plc

Which Analyst Should I Follow If I Want to Buy GB:BYIT and Sell After:

1 Month

xxx

Success Rate

1/1 ratings generated profit

Average Return

+8.00%

reiterated a xxx

rating 8 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +8.00% per trade.

3 Months

xxx

Success Rate

0/1 ratings generated profit

Average Return

-3.70%

reiterated a xxx

rating 8 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of -3.70% per trade.

1 Year

James ZarembaBarclays

Success Rate

2/4 ratings generated profit

Average Return

-5.08%

reiterated a buy rating 11 months ago

Copying James Zaremba's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -5.08% per trade.

2 Years

xxx

Success Rate

3/4 ratings generated profit

Average Return

+20.95%

reiterated a xxx

rating 11 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +20.95% per trade.

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

BYIT Analyst Recommendation Trends

Rating

Apr 24

May 24

Jul 24

Sep 24

Oct 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, BYIT has received 6 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. BYIT average Analyst price target in the past 3 months is 500.00p.

Each month's total comprises the sum of three months' worth of ratings.

Stocks with the Highest Top Analyst Consensus in the Technology Sector

xxx

Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

BYIT Stock Forecast FAQ

What is GB:BYIT’s average 12-month price target, according to analysts?

Based on analyst ratings, Bytes Technology Group Plc’s 12-month average price target is 500.00p.

What is GB:BYIT’s upside potential, based on the analysts’ average price target?

Bytes Technology Group Plc has 15.74% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is Bytes Technology Group Plc a Buy, Sell or Hold?

Bytes Technology Group Plc has a consensus rating of Hold, which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.

What is Bytes Technology Group Plc’s share price target?

The average share price target for Bytes Technology Group Plc is 500.00p. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is 500.00p ,and the lowest forecast is 500.00p. The average share price target represents 15.74% Increase from the current price of 432p.

What do analysts say about Bytes Technology Group Plc?

Bytes Technology Group Plc’s analyst rating consensus is a Hold. This is based on the ratings of 0 Wall Streets Analysts.

How can I buy shares of Bytes Technology Group Plc?

To buy shares of GB:BYIT, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.

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Bytes Technology Group Plc (BYIT) Share Forecast & Price Target

BYIT Financial Forecast

BYIT Earnings Forecast

BYIT Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering Bytes Technology Group Plc

BYIT Analyst Recommendation Trends

BYIT Stock Forecast FAQ

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Detailed List of Analyst Forecasts