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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 8 | 7 | 7 | 7 | 6 | 6 |
Buy | 2 | 3 | 3 | 3 | 4 | 4 |
Hold | 5 | 4 | 4 | 4 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 15 | 14 | 14 | 14 | 13 | 13 |
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 |
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
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 |
---|---|---|---|
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 | 2023 | 2024 | 2025 |
---|---|---|---|
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.