Boston Scientific Corporation (BSX)
NYSE: BSX · IEX Real-Time Price · USD
67.42
-0.54 (-0.79%)
At close: Apr 18, 2024, 4:00 PM
67.95
+0.53 (0.79%)
After-hours: Apr 18, 2024, 7:28 PM EDT

Boston Scientific Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Boston Scientific stock have an average target of 68.04, with a low estimate of 55 and a high estimate of 80. The average target predicts an increase of 0.92% from the current stock price of 67.42.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $55 $68.04 $66 $80
Change -18.42% +0.92% -2.11% +18.66%

Analyst Ratings

The average analyst rating for BSX stock from 23 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 999101011
Buy 81010101010
Hold 333222
Sell 000000
Strong Sell 000000
Total 202222222223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$70$78
Buy Maintains $70$78 +15.69% Apr 15, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$68$72
Buy Maintains $68$72 +6.79% Apr 4, 2024
Argus Research
Argus Research
Strong Buy
Maintains
$69$80
Strong Buy Maintains $69$80 +18.66% Apr 3, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$71$79
Strong Buy Maintains $71$79 +17.18% Apr 3, 2024
TD Cowen
TD Cowen
Buy
Maintains
$65$77
Buy Maintains $65$77 +14.21% Mar 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
15.73B
from 14.24B
Increased by 10.48%
Revenue Next Year
17.20B
from 15.73B
Increased by 9.33%
EPS This Year
2.28
from 1.07
Increased by 112.64%
EPS Next Year
2.58
from 2.28
Increased by 13.36%
Year 2019202020212022202320242025202620272028
Revenue
10.74B9.91B11.89B12.68B14.24B15.73B17.20B18.77B19.55B21.69B
Revenue Growth
9.28%-7.66%19.92%6.68%12.29%10.48%9.33%9.14%4.16%10.93%
EPS
3.33-0.080.690.451.072.282.582.903.153.54
EPS Growth
179.83%---34.78%137.78%112.64%13.36%12.46%8.58%12.24%
No. Analysts -----35342473
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 16.7B 18.5B 20.2B 21.5B 22.8B
Avg 15.7B 17.2B 18.8B 19.6B 21.7B
Low 15.1B 16.3B 17.6B 16.7B 20.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
17.1%
17.8%
17.7%
14.7%
16.4%
Avg
10.5%
9.3%
9.1%
4.2%
10.9%
Low
6.0%
3.6%
2.1%
-10.8%
6.6%

EPS Forecast

EPS 20242025202620272028
High 2.43 2.75 3.14 3.35 3.74
Avg 2.28 2.58 2.90 3.15 3.54
Low 2.12 2.45 2.71 2.84 3.37

EPS Growth

EPS Growth 20242025202620272028
High
126.7%
20.9%
21.7%
15.5%
18.7%
Avg
112.6%
13.4%
12.5%
8.6%
12.2%
Low
97.8%
7.7%
5.2%
-2.0%
7.0%
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.