BioLife Solutions, Inc. (BLFS)
NASDAQ: BLFS · IEX Real-Time Price · USD
20.23
-0.56 (-2.69%)
At close: Jul 2, 2024, 4:00 PM
19.74
-0.49 (-2.42%)
After-hours: Jul 2, 2024, 7:30 PM EDT
BioLife Solutions Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BioLife Solutions stock have an average target of 24.83, with a low estimate of 22 and a high estimate of 29. The average target predicts an increase of 22.74% from the current stock price of 20.23.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for BLFS stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 4 | 4 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $25 | Hold → Strong Buy | Upgrades | $25 | +23.58% | May 13, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +8.75% | Apr 4, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $29 → $23 | Strong Buy | Maintains | $29 → $23 | +13.69% | Aug 10, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $29 → $25 | Buy | Maintains | $29 → $25 | +23.58% | Aug 9, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $34 → $25 | Strong Buy | Maintains | $34 → $25 | +23.58% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
110.08M
from 143.27M
Decreased by -23.17%
Revenue Next Year
123.93M
from 110.08M
Increased by 12.58%
EPS This Year
-0.56
from -1.52
EPS Next Year
-0.37
from -0.56
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 126.1M | 148.8M | 184.6M | 238.4M | 303.3M |
| Avg | 110.1M | 123.9M | 152.4M | 215.4M | 281.8M |
| Low | 98.0M | 111.1M | 126.7M | 191.4M | 258.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -12.0% | 35.2% | 49.0% | 56.5% | 40.8% |
| Avg | -23.2% | 12.6% | 22.9% | 41.4% | 30.8% |
| Low | -31.6% | 0.9% | 2.2% | 25.6% | 20.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.46 | -0.08 | -0.16 |
| Avg | -0.56 | -0.37 | -0.15 |
| Low | -0.73 | -0.64 | -0.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.