Accolade, Inc. (ACCD)
NASDAQ: ACCD · Real-Time Price · USD
3.560
+0.070 (2.01%)
Nov 20, 2024, 4:00 PM EST - Market closed

Accolade Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Accolade stock have an average target of 9.04, with a low estimate of 5.00 and a high estimate of 16. The average target predicts an increase of 153.93% from the current stock price of 3.56.

Analyst Consensus: Buy
Target Low Average Median High
Price $5.00 $9.04 $8.00 $16
Change +40.45% +153.93% +124.72% +349.44%
* Price targets were last updated on Oct 11, 2024.

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 555555
Buy 444444
Hold 444433
Sell 000000
Strong Sell 000000
Total 131313131212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$7$6
Hold Maintains $7$6 +68.54% Oct 11, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$9$7.5
Strong Buy Maintains $9$7.5 +110.67% Oct 9, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$13$7
Strong Buy Maintains $13$7 +96.63% Oct 9, 2024
Barclays
Barclays
Hold
Maintains
$5.5$5
Hold Maintains $5.5$5 +40.45% Oct 9, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$10$8
Buy Maintains $10$8 +124.72% Oct 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
478.75M
from 414.29M
Increased by 15.56%
Revenue Next Year
535.06M
from 478.75M
Increased by 11.76%
EPS This Year
-0.95
from -1.33
EPS Next Year
-0.86
from -0.95
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Feb 29, 2020 Feb 28, 2021 Feb 28, 2022 Feb 28, 2023 Feb 29, 2024 Mar 1, 2025 Mar 1, 2026 Mar 1, 2027
Revenue
132.51M170.36M310.02M363.14M414.29M478.75M535.06M606.05M
Revenue Growth
39.76%28.57%81.98%17.13%14.09%15.56%11.76%13.27%
EPS
-9.13-1.72-1.93-6.45-1.33-0.95-0.86-0.70
EPS Growth
--------
Forward PE
--------
No. Analysts -----171712
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 546.3M 562.3M 652.2M
Avg 478.8M 535.1M 606.1M
Low 451.6M 495.7M 550.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
31.9%
17.4%
21.9%
Avg
15.6%
11.8%
13.3%
Low
9.0%
3.5%
2.8%

EPS Forecast

EPS 2024202520262027
High -0.83 -0.69 -0.36
Avg -0.95 -0.86 -0.70
Low -1.03 -1.06 -1.04

EPS Growth

EPS Growth 2024202520262027
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.