Bausch + Lomb Corporation (BLCO)
NYSE: BLCO · IEX Real-Time Price · USD
15.32
-0.16 (-1.03%)
Jun 7, 2024, 4:00 PM EDT - Market closed
Bausch + Lomb Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bausch + Lomb stock have an average target of 19.56, with a low estimate of 16 and a high estimate of 23. The average target predicts an increase of 27.68% from the current stock price of 15.32.
Analyst Consensus: Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for Bausch + Lomb stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 2 | 2 | 2 | 3 | 3 |
| Hold | 7 | 5 | 5 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $16 → $18 | Hold → Buy | Upgrades | $16 → $18 | +17.49% | May 6, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +30.55% | May 2, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +17.49% | Apr 22, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $17 → $17 | Hold | Maintains | $17 → $17 | +10.97% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
4.75B
from 4.15B
Increased by 14.57%
Revenue Next Year
5.02B
from 4.75B
Increased by 5.73%
EPS This Year
0.63
from -0.74
EPS Next Year
0.90
from 0.63
Increased by 42.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9B | 5.2B | 5.6B | 5.9B | 6.2B |
| Avg | 4.8B | 5.0B | 5.3B | 5.7B | 6.0B |
| Low | 4.5B | 4.7B | 5.0B | 5.4B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.6% | 10.0% | 10.7% | 11.1% | 10.0% |
| Avg | 14.6% | 5.7% | 5.6% | 6.6% | 6.8% |
| Low | 9.6% | -0.1% | -1.4% | 1.2% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.72 | 1.00 | 1.29 | 1.89 | 2.43 |
| Avg | 0.63 | 0.90 | 1.13 | 1.59 | 2.36 |
| Low | 0.54 | 0.79 | 1.03 | 1.29 | 2.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 57.9% | 43.6% | 66.9% | 52.4% |
| Avg | - | 42.4% | 25.9% | 40.5% | 48.1% |
| Low | - | 25.6% | 14.4% | 14.3% | 42.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.