Bionano Genomics, Inc. (BNGO)
NASDAQ: BNGO · IEX Real-Time Price · USD
1.135
+0.045 (4.13%)
Mar 28, 2024, 2:00 PM EDT - Market open

Bionano Genomics Stock Forecast

BNGO's stock price has decreased by -89.01% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Bionano Genomics stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 604.85% from the current stock price of 1.14.

Analyst Consensus: Buy
Target Low Average Median High
Price $6.00 $8.00 $10 $10
Change +428.63% +604.85% +781.06% +781.06%

Analyst Ratings

The average analyst rating for BNGO stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 222221
Hold 011111
Sell 000000
Strong Sell 000000
Total 344443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$7$6
Buy Maintains $7$6 +428.63% Mar 7, 2024
Maxim Group
Maxim Group
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Nov 13, 2023
BTIG
BTIG
Strong Buy
Maintains
$2$10
Strong Buy Maintains $2$10 +781.06% Aug 10, 2023
BTIG
BTIG
Strong Buy
Maintains
$30$20
Strong Buy Maintains $30$20 +1,662.11% May 18, 2023
BTIG
BTIG
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +2,543.17% Apr 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
48.11M
from 36.12M
Increased by 33.22%
Revenue Next Year
66.18M
from 48.11M
Increased by 37.55%
EPS This Year
-2.54
from -6.81
EPS Next Year
-1.66
from -2.54
Year 2019202020212022202320242025202620272028
Revenue
10.13M8.50M17.98M27.80M36.12M48.11M66.18M115.64M165.96M238.81M
Revenue Growth
-15.59%-16.06%111.47%54.62%29.90%33.22%37.55%74.73%43.51%43.90%
EPS
-19.90-3.90-2.60-4.58-6.81-2.54-1.66-0.41-0.130.19
EPS Growth
----------
No. Analysts -----65333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 52.5M 71.9M 119.1M 170.9M 245.8M
Avg 48.1M 66.2M 115.6M 166.0M 238.8M
Low 44.1M 60.0M 111.1M 159.5M 229.4M

Revenue Growth

Revenue Growth 20242025202620272028
High
45.4%
49.4%
79.9%
47.7%
48.1%
Avg
33.2%
37.6%
74.7%
43.5%
43.9%
Low
22.1%
24.6%
67.9%
37.9%
38.3%

EPS Forecast

EPS 20242025202620272028
High -1.59 -0.75 -0.42 -0.14 0.20
Avg -2.54 -1.66 -0.41 -0.13 0.19
Low -3.02 -2.30 -0.39 -0.13 0.19

EPS Growth

EPS Growth 20242025202620272028
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.