Axonics, Inc. (AXNX)
NASDAQ: AXNX · IEX Real-Time Price · USD
66.95
-0.11 (-0.16%)
Apr 19, 2024, 3:53 PM EDT - Market open
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 6.43% from the current stock price of 66.95.
Analyst Consensus: Hold
* 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 1 | 1 | 1 | 1 |
| Buy | 7 | 5 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 7 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $71 | Hold | Reiterates | $71 | +6.06% | Feb 29, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 17, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $73 → $71 | Strong Buy → Hold | Downgrades | $73 → $71 | +6.06% | Jan 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $73 → $71 | Strong Buy → Hold | Downgrades | $73 → $71 | +6.06% | Jan 12, 2024 |
| CL King | CL King | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 12, 2024 |
Financial Forecast
Revenue This Year
456.86M
from 366.38M
Increased by 24.70%
Revenue Next Year
549.07M
from 456.86M
Increased by 20.18%
EPS This Year
0.37
from -0.12
EPS Next Year
0.80
from 0.37
Increased by 112.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 477.8M | 578.6M | 675.3M | 812.9M | 964.0M |
| Avg | 456.9M | 549.1M | 640.8M | 750.1M | 887.2M |
| Low | 433.5M | 515.2M | 606.1M | 677.6M | 803.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.4% | 26.6% | 23.0% | 26.9% | 28.5% |
| Avg | 24.7% | 20.2% | 16.7% | 17.1% | 18.3% |
| Low | 18.3% | 12.8% | 10.4% | 5.7% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.63 | 1.14 | 1.62 | 2.36 | 3.26 |
| Avg | 0.37 | 0.80 | 1.49 | 1.88 | 3.16 |
| Low | 0.08 | 0.53 | 1.35 | 1.41 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 205.3% | 102.6% | 58.6% | 73.0% |
| Avg | - | 112.9% | 86.6% | 26.4% | 68.0% |
| Low | - | 41.2% | 69.4% | -5.2% | 61.4% |
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.