Added to YB: 2026-05-21
Pitch date: 2026-05-17
WYY [neutral]
WidePoint Corporation
-2.82%
current return
Author Info
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Company Info
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.
Market Cap
$86.9M
Pitch Price
$10.28
Price Target
57.00 (+473%)
Dividend
N/A
EV/EBITDA
68.34
P/E
-44.90
EV/Sales
N/A
Sector
IT Services
Category
growth
WidePoint $57 PT and Platform Thesis Intact
WYY (update): Q1 rev $40.6M (+21% YoY), 1st GAAP profit since 2021, adj EBITDA $752K vs $92K prior yr. CWMS 3.0 award imminent (delayed to Jun 24 due to shutdown). Big-3 carrier SaaS on track for 2H26 rev recognition ($40-47M/5yr deal), talks opened w/ other 2 carriers. $57 PT assumes 2028 rev $280M at 2.0x EV/sales, driven by CWMS base, carrier ramp, DoD Spiral 4, managed svcs. Multibagger.
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