AxoGen, Inc. (AXGN)
NASDAQ: AXGN · IEX Real-Time Price · USD
7.52
-0.19 (-2.46%)
At close: Jul 2, 2024, 4:00 PM
7.57
+0.05 (0.66%)
After-hours: Jul 2, 2024, 4:19 PM EDT
AxoGen Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for AxoGen stock have an average target of 13, with a low estimate of 9.00 and a high estimate of 16. The average target predicts an increase of 72.87% from the current stock price of 7.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AxoGen stock from 5 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 3 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Initiates $13 | Buy | Initiates | $13 | +72.87% | Jul 1, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +99.47% | Jun 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $12 | Buy | Reiterates | $12 | +59.57% | Jan 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +46.28% | Dec 7, 2023 |
| Leerink Partners | Leerink Partners | Buy Initiates $9 | Buy | Initiates | $9 | +19.68% | Oct 16, 2023 |
Financial Forecast
Revenue This Year
182.44M
from 159.01M
Increased by 14.73%
Revenue Next Year
206.12M
from 182.44M
Increased by 12.98%
EPS This Year
-0.14
from -0.51
EPS Next Year
0.18
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 188.5M | 215.2M | 242.9M | 271.9M | 307.1M |
| Avg | 182.4M | 206.1M | 231.3M | 264.1M | 298.4M |
| Low | 174.5M | 195.0M | 215.1M | 253.7M | 286.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.5% | 17.9% | 17.8% | 17.5% | 16.3% |
| Avg | 14.7% | 13.0% | 12.2% | 14.2% | 13.0% |
| Low | 9.8% | 6.9% | 4.4% | 9.7% | 8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.06 | 0.46 | 0.35 | 0.28 | 0.38 |
| Avg | -0.14 | 0.18 | 0.24 | 0.28 | 0.37 |
| Low | -0.21 | 0.01 | 0.16 | 0.26 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 94.4% | 19.1% | 37.3% |
| Avg | - | - | 33.5% | 15.7% | 33.3% |
| Low | - | - | -12.0% | 11.2% | 28.1% |
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.