Axonics, Inc. (AXNX)
NASDAQ: AXNX · IEX Real-Time Price · USD
67.22
-0.11 (-0.16%)
May 24, 2024, 4:00 PM EDT - Market closed

Axonics Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Axonics stock have an average target of 71.25, with a low estimate of 69 and a high estimate of 75. The average target predicts an increase of 6.00% from the current stock price of 67.22.

Analyst Consensus: Hold
Target Low Average Median High
Price $69 $71.25 $71 $75
Change +2.65% +6.00% +5.62% +11.57%
* Price targets were last updated on Feb 29, 2024.

Analyst Ratings

The average analyst rating for Axonics stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 411111
Buy 532222
Hold 078888
Sell 000000
Strong Sell 000000
Total 91111111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a May 6, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$71
Hold Reiterates $71 +5.62% Feb 29, 2024
Needham
Needham
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 17, 2024
Truist Securities
Truist Securities
Hold
Downgrades
$73$71
Hold Downgrades $73$71 +5.62% Jan 16, 2024
Truist Securities
Truist Securities
Hold
Downgrades
$73$71
Hold Downgrades $73$71 +5.62% Jan 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
456.11M
from 366.38M
Increased by 24.49%
Revenue Next Year
545.91M
from 456.11M
Increased by 19.69%
EPS This Year
0.15
from -0.12
EPS Next Year
0.56
from 0.15
Increased by 260.23%
Year 2019202020212022202320242025202620272028
Revenue
13.82M111.54M180.29M273.70M366.38M456.11M545.91M637.71M765.76M890.89M
Revenue Growth
1,854.74%707.05%61.64%51.81%33.86%24.49%19.69%16.82%20.08%16.34%
EPS
-2.80-1.48-1.86-1.28-0.120.150.560.961.932.52
EPS Growth
------260.23%71.86%102.13%30.34%
No. Analysts -----16151144
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 481.1M 583.0M 677.4M 821.8M 974.6M
Avg 456.1M 545.9M 637.7M 765.8M 890.9M
Low 428.3M 513.0M 600.7M 697.8M 792.9M

Revenue Growth

Revenue Growth 20242025202620272028
High
31.3%
27.8%
24.1%
28.9%
27.3%
Avg
24.5%
19.7%
16.8%
20.1%
16.3%
Low
16.9%
12.5%
10.0%
9.4%
3.5%

EPS Forecast

EPS 20242025202620272028
High 0.69 0.95 1.35 2.39 3.29
Avg 0.15 0.56 0.96 1.93 2.52
Low -0.22 0.37 0.51 1.48 1.77

EPS Growth

EPS Growth 20242025202620272028
High -
511.8%
143.4%
150.4%
70.0%
Avg -
260.2%
71.9%
102.1%
30.3%
Low -
136.7%
-8.4%
54.8%
-8.2%
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.