Accolade, Inc. (ACCD)
NASDAQ: ACCD · IEX Real-Time Price · USD
9.99
+0.03 (0.30%)
At close: Mar 27, 2024, 4:00 PM
9.90
-0.09 (-0.90%)
Pre-market: Mar 28, 2024, 7:00 AM EDT

Accolade Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Accolade stock have an average target of 15.77, with a low estimate of 12 and a high estimate of 18. The average target predicts an increase of 57.86% from the current stock price of 9.99.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $15.77 $16 $18
Change +20.12% +57.86% +60.16% +80.18%
* Price targets were last updated on Feb 26, 2024.

Analyst Ratings

The average analyst rating for Accolade stock from 13 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 877766
Buy 233344
Hold 544433
Sell 000000
Strong Sell 000000
Total 151414141313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Leerink Partners
Leerink Partners
Buy
Initiates
$16
Buy Initiates $16 +60.16% Feb 26, 2024
Needham
Needham
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +70.17% Jan 19, 2024
Raymond James
Raymond James
Buy
Maintains
$12$16
Buy Maintains $12$16 +60.16% Jan 9, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$12$15
Buy Maintains $12$15 +50.15% Jan 9, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$15$16
Strong Buy Maintains $15$16 +60.16% Jan 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
425.38M
from 363.14M
Increased by 17.14%
Revenue Next Year
502.98M
from 425.38M
Increased by 18.24%
EPS This Year
-1.23
from -6.45
EPS Next Year
-1.09
from -1.23
Year 20182019202020212022202320242025202620272028
Revenue
94.81M132.51M170.36M310.02M363.14M425.38M502.98M593.78M735.01M882.20M1.04B
Revenue Growth
23.41%39.76%28.57%81.98%17.13%17.14%18.24%18.05%23.78%20.03%17.66%
EPS
-12.17-9.13-1.72-1.93-6.45-1.23-1.09-1.00---
EPS Growth
-----------
No. Analysts -----181813433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 497.3M 527.7M 632.8M 763.9M 908.2M 1.1B
Avg 425.4M 503.0M 593.8M 735.0M 882.2M 1.0B
Low 404.5M 466.0M 536.0M 699.4M 847.6M 997.2M

Revenue Growth

Revenue Growth 202320242025202620272028
High
36.9%
24.1%
25.8%
28.6%
23.6%
21.1%
Avg
17.1%
18.2%
18.1%
23.8%
20.0%
17.7%
Low
11.4%
9.5%
6.6%
17.8%
15.3%
13.0%

EPS Forecast

EPS 202320242025
High -0.53 -0.39 -0.72
Avg -1.23 -1.09 -1.00
Low -1.36 -1.91 -1.26

EPS Growth

EPS Growth 202320242025
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.