Quest Diagnostics Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Quest Diagnostics stock have an average target of 153.92, with a low estimate of 135 and a high estimate of 165. The average target predicts a decrease of -0.32% from the current stock price of 154.42.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$135	$153.92	$155	$165
Change	-12.58%	-0.32%	+0.38%	+6.85%

Analyst Ratings

The average analyst rating for DGX stock from 13 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	3	3	3	4	4	4
Buy	0	0	0	0	0	0
Hold	8	9	9	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	12	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Elizabeth Anderson Evercore ISI Group	Evercore ISI Group	Hold Initiates $165	Hold	Initiates	$165	+6.85%	Aug 28, 2024
Stephanie Davis Barclays	Barclays	Hold Maintains $144 → $154	Hold	Maintains	$144 → $154	-0.27%	Aug 27, 2024
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $145 → $150	Hold	Maintains	$145 → $150	-2.86%	Jul 29, 2024
Eric Coldwell Baird	Baird	Hold Maintains $153 → $154	Hold	Maintains	$153 → $154	-0.27%	Jul 24, 2024
David Macdonald Truist Securities	Truist Securities	Hold Maintains $150 → $158	Hold	Maintains	$150 → $158	+2.32%	Jul 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.71B

from 9.25B

4.99%

from 9.25B

Revenue Next Year

10.30B

from 9.71B

6.03%

from 9.71B

EPS This Year

8.98

from 7.49

19.83%

from 7.49

EPS Next Year

9.72

from 8.98

8.29%

from 8.98

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	7.73B	9.44B	10.79B	9.88B	9.25B	9.71B	10.30B	10.68B
Revenue Growth	2.59%	22.15%	14.32%	-8.39%	-6.38%	4.99%	6.03%	3.71%
EPS	6.28	10.47	15.55	7.97	7.49	8.98	9.72	10.63
EPS Growth	18.66%	66.80%	48.52%	-48.75%	-6.02%	19.83%	8.29%	9.35%
Forward PE	-	-	-	-	-	17.20	15.89	14.53
No. Analysts	-	-	-	-	-	21	21	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	10.4B	11.6B	12.1B
Avg	9.7B	10.3B	10.7B
Low	9.3B	9.5B	9.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	12.2%	18.9%	17.1%
Avg	5.0%	6.0%	3.7%
Low	0.8%	-2.7%	-6.9%

EPS Forecast

EPS	2024	2025	2026
High	9.55	10.34	11.45
Avg	8.98	9.72	10.63
Low	8.08	9.21	9.96

EPS Growth

EPS Growth	2024	2025	2026
High	27.5%	15.2%	17.8%
Avg	19.8%	8.3%	9.3%
Low	7.9%	2.6%	2.4%

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.