Biodesix, Inc. (BDSX)
NASDAQ: BDSX · Real-Time Price · USD
1.215
+0.025 (2.11%)
Nov 21, 2024, 11:54 AM EST - Market open

Biodesix Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Biodesix stock have an average target of 3.08, with a low estimate of 2.80 and a high estimate of 3.50. The average target predicts an increase of 153.50% from the current stock price of 1.22.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.80 $3.08 $3.00 $3.50
Change +130.45% +153.50% +146.91% +188.07%
* Price targets were last updated on Sep 16, 2024.

Analyst Ratings

The average analyst rating for Biodesix stock from 4 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 233333
Buy 000111
Hold 000000
Sell 000000
Strong Sell 000000
Total 233444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Initiates
$3
Buy Initiates $3 +146.91% Sep 16, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$3
Strong Buy Initiates $3 +146.91% Jul 26, 2024
TD Cowen
TD Cowen
Strong Buy
Initiates
$2.8
Strong Buy Initiates $2.8 +130.45% May 13, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +188.07% Mar 4, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +188.07% Dec 7, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
72.14M
from 49.09M
Increased by 46.97%
Revenue Next Year
94.10M
from 72.14M
Increased by 30.43%
EPS This Year
-0.36
from -0.64
EPS Next Year
-0.22
from -0.36
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
24.55M45.56M54.51M38.21M49.09M72.14M94.10M115.74M
Revenue Growth
20.16%85.55%19.64%-29.89%28.46%46.97%30.43%23.00%
EPS
-126.97-6.48-1.58-1.55-0.64-0.36-0.22-0.15
EPS Growth
--------
Forward PE
--------
No. Analysts -----885
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 74.6M 103.4M 126.1M
Avg 72.1M 94.1M 115.7M
Low 68.7M 86.4M 104.8M

Revenue Growth

Revenue Growth 202420252026
High
51.9%
43.4%
34.0%
Avg
47.0%
30.4%
23.0%
Low
39.9%
19.8%
11.3%

EPS Forecast

EPS 202420252026
High -0.35 -0.17 -0.11
Avg -0.36 -0.22 -0.15
Low -0.36 -0.26 -0.20

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
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.