Paragon 28, Inc. (FNA)
NYSE: FNA · IEX Real-Time Price · USD
7.66
-0.31 (-3.89%)
May 17, 2024, 4:00 PM EDT - Market closed
Paragon 28 Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Paragon 28 stock have an average target of 16.75, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 118.67% from the current stock price of 7.66.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Paragon 28 stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +161.10% | May 9, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $18 → $15 | Buy | Reiterates | $18 → $15 | +95.82% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $17 → $14 | Strong Buy | Maintains | $17 → $14 | +82.77% | May 9, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $18 | Buy | Reiterates | $18 | +134.99% | Apr 5, 2024 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +134.99% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
262.96M
from 216.39M
Increased by 21.52%
Revenue Next Year
257.29M
from 262.96M
Decreased by -2.16%
EPS This Year
-0.23
from -0.58
EPS Next Year
-0.44
from -0.23
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 270.6M | 344.2M | 380.1M | 449.7M | 532.3M |
| Avg | 257.3M | 315.7M | 357.1M | 432.6M | 512.0M |
| Low | 247.6M | 294.7M | 336.3M | 419.7M | 496.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.0% | 33.8% | 20.4% | 25.9% | 23.0% |
| Avg | 18.9% | 22.7% | 13.1% | 21.1% | 18.4% |
| Low | 14.4% | 14.5% | 6.5% | 17.5% | 14.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.32 | -0.21 | -0.29 | -0.21 | -0.06 |
| Avg | -0.44 | -0.32 | -0.28 | -0.20 | -0.06 |
| Low | -0.49 | -0.40 | -0.27 | -0.20 | -0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
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.