Accolade, Inc. (ACCD)
NASDAQ: ACCD · IEX Real-Time Price · USD
3.450
-0.030 (-0.86%)
At close: Jul 19, 2024, 4:00 PM
3.470
+0.020 (0.58%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Accolade Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Accolade stock have an average target of 10.88, with a low estimate of 5.50 and a high estimate of 18. The average target predicts an increase of 215.36% from the current stock price of 3.45.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $13 → $6 | Strong Buy | Maintains | $13 → $6 | +73.91% | Jun 28, 2024 |
| Stifel | Stifel | Strong Buy Maintains $13 → $8 | Strong Buy | Maintains | $13 → $8 | +131.88% | Jun 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $14 → $9 | Strong Buy | Maintains | $14 → $9 | +160.87% | Jun 28, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $6 | Hold | Maintains | $12 → $6 | +73.91% | Jun 28, 2024 |
| Barclays | Barclays | Hold Maintains $11 → $5.5 | Hold | Maintains | $11 → $5.5 | +59.42% | Jun 28, 2024 |
Financial Forecast
Revenue This Year
500.28M
from 414.29M
Increased by 20.76%
Revenue Next Year
588.21M
from 500.28M
Increased by 17.58%
EPS This Year
-1.27
from -1.33
EPS Next Year
-1.10
from -1.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 519.9M | 621.6M | 740.2M | 883.3M | 1.1B |
| Avg | 500.3M | 588.2M | 700.9M | 852.4M | 1.0B |
| Low | 477.8M | 545.5M | 654.1M | 813.5M | 980.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.5% | 24.3% | 25.8% | 26.0% | 23.3% |
| Avg | 20.8% | 17.6% | 19.2% | 21.6% | 19.8% |
| Low | 15.3% | 9.0% | 11.2% | 16.1% | 15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -1.13 | -0.84 | 0.30 | 0.49 |
| Avg | -1.27 | -1.10 | 0.20 | 0.48 |
| Low | -1.50 | -1.47 | 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.