Hi there,
I personally like (and own) the company, but there is little to go off here. All 3 analysts that cover the company rate it a buy and they have a one-year price target of $27.00 per share - this implies ~18% upside from today's price. Analysts expect revenue to jump by approximately 40% annually. These forecasts are quite solid, so I am not sure why you are saying the forecasts 'aren't good'. Furthermore, I am not sure that the algorithm forecast means...
This is a newly listed SaaS company that operates in the legal industry. I like the company because of its disruptive technology in an industry that is ripe for modernization, much like REAL came in and disrupted the Real Estate industry with its platform.
The company is a little expensive, trading at approximately 8 times forward sales and 42 times forward earnings. We like the company anywhere under $20, but whether it gets there is another question. The true test will be tomorrow's quarterly results. A miss could present a buying opportunity, whereas a beat could once again send the stock price on an upwards trend.
Mat