Accolade, Inc. (ACCD)
NASDAQ: ACCD · IEX Real-Time Price · USD
7.48
+0.15 (2.05%)
At close: May 17, 2024, 4:00 PM
7.85
+0.37 (4.95%)
After-hours: May 17, 2024, 7:34 PM EDT
Accolade Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Accolade stock have an average target of 14.25, with a low estimate of 10 and a high estimate of 18. The average target predicts an increase of 90.51% from the current stock price of 7.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Accolade stock from 12 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 5 | 5 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $17 → $13 | Strong Buy | Maintains | $17 → $13 | +73.80% | May 8, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +33.69% | Apr 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +60.43% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +87.17% | Apr 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +113.90% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
502.98M
from 414.29M
Increased by 21.41%
Revenue Next Year
593.78M
from 502.98M
Increased by 18.05%
EPS This Year
-1.15
from -1.33
EPS Next Year
-1.00
from -1.15
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 527.7M | 632.8M | 740.2M | 883.3M | 1.1B |
| Avg | 503.0M | 593.8M | 700.9M | 852.4M | 1.0B |
| Low | 466.0M | 536.0M | 654.1M | 813.5M | 980.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4% | 25.8% | 24.7% | 26.0% | 23.3% |
| Avg | 21.4% | 18.1% | 18.0% | 21.6% | 19.8% |
| Low | 12.5% | 6.6% | 10.2% | 16.1% | 15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.43 | -0.72 | 0.30 | 0.49 |
| Avg | -1.15 | -1.00 | 0.20 | 0.48 |
| Low | -1.91 | -1.26 | 0.10 | 0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 148.1% |
| Avg | - | - | - | 141.0% |
| Low | - | - | - | 131.6% |
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.