SelectQuote Inc. (NYSE: SLQT) is a technology-enabled, direct-to-consumer distribution platform that offers products in an unbiased comparison shopping experience for insurance products. Being one of the fast-growing insurance and financial services players, its stock performance attracts many eyeballs. The following article seeks to make detailed price predictions for SLQT from 2024 to 2050 through fundamental and technical analysis and market trends.
SLQT Stock Price Prediction: History
This table shows the general trend of SLQT stock price over the past 10 years. Some key observations:
| SLQT Stock Price Target Year | Target in USD |
| SLQT Stock Price Target 2014 | 1.00 |
| SLQT Stock Price Target 2015 | 1.27 |
| SLQT Stock Price Target 2016 | 1.39 |
| SLQT Stock Price Target 2017 | 1.44 |
| SLQT Stock Price Target 2018 | 1.50 |
| SLQT Stock Price Target 2019 | 1.80 |
| SLQT Stock Price Target 2020 | 2.20 |
| SLQT Stock Price Target 2021 | 2.90 |
| SLQT Stock Price Target 2022 | 2.50 |
| SLQT Stock Price Target 2023 | 2.80 |
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SLQT Stock Price Prediction: 2024-2050
SelectQuote Inc. (NYSE: SLQT) is an InsurTech company for insurance products distribution directly to consumers. For the future, the potential trajectories of stock price take into account available trends now, industry dynamics, and hypothetical long-term forecasts.
| SLQT Stock Price Target Year | Target in USD |
| SLQT Stock Price Target 2024 | 3.70 |
| SLQT Stock Price Target 2025 | 4.80 |
| SLQT Stock Price Target 2026 | 5.99 |
| SLQT Stock Price Target 2027 | 6.80 |
| SLQT Stock Price Target 2028 | 7.98 |
| SLQT Stock Price Target 2029 | 8.67 |
| SLQT Stock Price Target 2030 | 10.23 |
| SLQT Stock Price Target 2035 | 18.65 |
| SLQT Stock Price Target 2040 | 25.34 |
| SLQT Stock Price Target 2050 | 40.00 |
SLQT Stock Price Prediction: 2024
As of 2024, SLQT has felt the pinch. Here is a hypothetical month-by-month list for the year:
| Month | Predicted Price USD |
| January | 1.25 |
| February | 1.35 |
| March | 1.55 |
| April | 1.78 |
| May | 1.80 |
| June | 1.88 |
| July | 1.89 |
| August | 2.15 |
| September | 2.30 |
| October | 2.45 |
| November | 2.60 |
| December | 2.75 |
SLQT Stock Price Prediction: 2025
If the company can accomplish its strategic roadmaps and an improvement in market conditions is seen then we may see a better recovery. Below is a sample monthly forecast for the year, assuming continued growth and expansion of the market.
| Month | Predicted Price USD |
| January | 2.90 |
| February | 3.05 |
| March | 3.20 |
| April | 3.35 |
| May | 3.50 |
| June | 3.65 |
| July | 3.80 |
| August | 3.98 |
| September | 4.10 |
| October | 4.20 |
| November | 4.45 |
| December | 4.80 |
SLQT Stock Price Prediction: 2026
If, by 2026, there is a continuous wave in demand for digital insurance solutions, we could expect further appreciation of the stock value of SelectQuote. Assuming solid growth for the company ahead and a happy market, the projection is as follows:
| Month | Predicted Price USD |
| January | 4.70 |
| February | 4.86 |
| March | 5.00 |
| April | 5.12 |
| May | 5.28 |
| June | 5.60 |
| July | 5.75 |
| August | 5.80 |
| September | 5.90 |
| October | 6.02 |
| November | 6.25 |
| December | 6.35 |
SLQT Stock Price Prediction: 2030
Looking further ahead into 2030, insurance has likely dramatically changed. How well SelectQuote does in its business then will depend on how it has adapted to these changes and remained competitive.
| Year | Minimum Price | Average price | Maximum price |
| 2030 | $5 | $9.5 | $12 |
SLQT Stock Price Prediction: 2035
Long-term success for SelectQuote in 2035 will depend on how well the firm innovates in AI, Data Analytics, and Customer Experience related to Insurance.
| Year | Minimum Price | Average price | Maximum price |
| 2035 | $7 | $12.50 | $18 |
SLQT Stock Price Prediction: 2040
Projections out as far as 2040 are highly speculative. The value of the company in that year will be drastically different if it has managed to find a way to remain relevant in what will be a much more technologically integrated insurance environment.
| Year | Minimum Price | Average price | Maximum price |
| 2040 | $10 | $17.5 | $25 |
SLQT Stock Price Prediction: 2050
Looking out three decades, predictions become wildly speculative. The insurance industry could be barely recognizable from today’s business and the value of SelectQuote will lie in its adaptability to evolve, or even diversify, its business model.
| Year | Minimum Price | Average price | Maximum price |
| 2050 | $15 | $27.90 | $40 |
SLQT Stock Price Prediction: Fundamental Analysis
Fundamental analysis is performed to project what the intrinsic value of a company should be, based on relevant economic, financial, and other qualitative and quantitative factors. In the case of SelectQuote, it would require checking the financial statements, growth prospects, competitive position, industry, and economic environment.
Financial Statements
- Revenue Growth: On the back of a rising market presence and increasing product lines, SelectQuote has been delivering strong revenue growth.
- Profit Margins: Pressure on profit margins due to increasing competition and marketing expenses is seen; however, this should improve as the business scales.
- Earnings Per Share (EPS): EPS has remained volatile due to investment in growth and changing market conditions.
Valuation Metrics
- Price to Earnings Ratio: This is what investors pay in capital markets which is likely to show their expectation from earnings growth in the future.
- Price-to-Book (P/B) Ratio: What an investor is ready to pay versus what the company has already achieved in terms of net assets.
- Dividend Yield: Not relevant for SelectQuote as it doesn’t pay any dividend at the moment; instead, the earnings get reinvested back into the growth process.
| Metric | Value |
| P/E Ratio | 20 |
| Dividend Yield | 0% |
| P/B Ratio | 2.3 |
Growth Prospects
- Innovation and Technology: Competitive advantage and growth for SelectQuote are inborn with its technology platform.
- Market Expansion: Further geographic expansion into additional insurance markets and financial products.
SLQT Stock Price Prediction: Technical Analysis
Technical analysis considers statistical trends from trading activity, which consists of price movement and volume. It uses such trends to anticipate future price movements. For SelectQuote, this comes with a myriad of charts and technical indicators.
Price Chart Analysis
- Trend Analysis: Performing trend analysis on the historical price trends of SelectQuote will help assess whether any long-term patterns exist. The history of SelectQuote over the past few years has been marked by extreme volatility.
- Support and Resistance Levels: The ability to set major price levels at which the stock finds support, much like a floor, or resistance, much like a ceiling, makes the prediction of its price movements easier.
Volume Analysis
Price trends need to be confirmed by volume trends. Volume rising with an uptrend indicates a healthy price rise and strong buying interest. Similarly, decreasing volume on the down trend can point out weakening selling pressure.
Conclusion
Predicting stocks for this type of duration is associated with such high uncertainty. We can, however, outline the framework of what is feasible through the examination of historic trends, current trajectories, and possible future developments. How well SelectQuote innovates, adapts to changing market conditions, and navigates regulatory environments will prove telling for the future stock performance of the company. This forms but one of the numerous tools investors have for making a decision, whereby one should at all times be very responsive to changing markets and new information.
Disclaimer
While there is so much information in this post, it should not be treated as financial advice. The predictions and analyses therein are based on historical data, the trend of the market, and expert opinions, but by their very nature, they are highly speculative and thus subject to change. Every investment in stock bears an inherent risk, including the loss of principal. Never invest without independent research and the advice of a financial expert.
