Boston Scientific Corporation (BSX)
NYSE: BSX · Real-Time Price · USD
90.00
-1.50 (-1.64%)
Nov 22, 2024, 4:00 PM EST - Market closed

Boston Scientific Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Boston Scientific stock have an average target of 93.73, with a low estimate of 68 and a high estimate of 110. The average target predicts an increase of 4.14% from the current stock price of 90.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $68 $93.73 $98 $110
Change -24.44% +4.14% +8.89% +22.22%
* Price targets were last updated on Oct 24, 2024.

Analyst Ratings

The average analyst rating for BSX stock from 23 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 121212121111
Buy 977799
Hold 222233
Sell 000000
Strong Sell 000000
Total 232121212323

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 18, 2024
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Oct 31, 2024
Bernstein
Bernstein
Buy
Maintains
$92$100
Buy Maintains $92$100 +11.11% Oct 24, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$92$100
Buy Maintains $92$100 +11.11% Oct 24, 2024
RBC Capital
RBC Capital
Buy
Maintains
$95$98
Buy Maintains $95$98 +8.89% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
16.75B
from 14.24B
Increased by 17.61%
Revenue Next Year
18.81B
from 16.75B
Increased by 12.32%
EPS This Year
2.49
from 1.07
Increased by 132.51%
EPS Next Year
2.82
from 2.49
Increased by 13.29%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
10.74B9.91B11.89B12.68B14.24B16.75B18.81B20.72B
Revenue Growth
9.28%-7.66%19.92%6.68%12.29%17.61%12.32%10.13%
EPS
3.33-0.080.690.451.072.492.823.20
EPS Growth
179.83%---34.96%138.42%132.51%13.29%13.47%
Forward PE
-----36.1831.9328.14
No. Analysts -----363630
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 17.5B 20.3B 22.5B
Avg 16.7B 18.8B 20.7B
Low 16.1B 17.9B 19.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
23.1%
21.3%
19.8%
Avg
17.6%
12.3%
10.1%
Low
13.2%
6.6%
3.9%

EPS Forecast

EPS 20242025202620272028
High 2.60 3.01 3.47
Avg 2.49 2.82 3.20
Low 2.39 2.67 2.97

EPS Growth

EPS Growth 20242025202620272028
High
143.4%
21.1%
22.9%
Avg
132.5%
13.3%
13.5%
Low
123.5%
7.1%
5.4%
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.