Baxter International Inc. (BAX)
NYSE: BAX · IEX Real-Time Price · USD
35.35
-0.33 (-0.92%)
At close: Jul 19, 2024, 4:00 PM
35.34
-0.01 (-0.03%)
Pre-market: Jul 22, 2024, 7:20 AM EDT
Baxter International Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for BAX stock have an average target of 42.6, with a low estimate of 30 and a high estimate of 54. The average target predicts an increase of 20.51% from the current stock price of 35.35.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BAX stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 3 | 3 | 3 | 2 | 2 | 3 |
| Hold | 7 | 8 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 11 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $39 → $30 | Hold → Sell | Downgrades | $39 → $30 | -15.13% | Jul 15, 2024 |
| Citigroup | Citigroup | Hold Maintains $38 → $37 | Hold | Maintains | $38 → $37 | +4.67% | Jul 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $46 → $45 | Buy | Maintains | $46 → $45 | +27.30% | Jul 2, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $36 | Hold | Initiates | $36 | +1.84% | May 30, 2024 |
| Citigroup | Citigroup | Hold Maintains $44 → $38 | Hold | Maintains | $44 → $38 | +7.50% | May 22, 2024 |
Financial Forecast
Revenue This Year
15.27B
from 14.81B
Increased by 3.06%
Revenue Next Year
15.82B
from 15.27B
Increased by 3.64%
EPS This Year
2.95
from 5.25
Decreased by -43.90%
EPS Next Year
3.25
from 2.95
Increased by 10.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.9B | 16.7B | 17.6B | 18.5B | 19.5B |
| Avg | 15.3B | 15.8B | 16.4B | 17.2B | 18.8B |
| Low | 14.8B | 15.2B | 15.7B | 16.1B | 18.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.6% | 9.7% | 11.5% | 12.7% | 13.2% |
| Avg | 3.1% | 3.6% | 4.0% | 4.7% | 8.9% |
| Low | -0.3% | -0.3% | -1.1% | -2.1% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.11 | 3.70 | 4.47 | 5.17 | 5.78 |
| Avg | 2.95 | 3.25 | 3.68 | 4.42 | 5.56 |
| Low | 2.82 | 3.09 | 3.37 | 3.75 | 5.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -40.8% | 25.5% | 37.5% | 40.2% | 30.7% |
| Avg | -43.9% | 10.4% | 13.3% | 19.9% | 25.7% |
| Low | -46.3% | 4.8% | 3.6% | 1.9% | 22.0% |
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.