Bionano Genomics, Inc. (BNGO)
NASDAQ: BNGO · IEX Real-Time Price · USD
0.844
+0.009 (1.07%)
At close: Jun 13, 2024, 4:00 PM
0.836
-0.008 (-0.98%)
After-hours: Jun 13, 2024, 4:38 PM EDT

Bionano Genomics Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Bionano Genomics stock have an average target of 4.00, with a low estimate of 2.00 and a high estimate of 6.00. The average target predicts an increase of 373.93% from the current stock price of 0.84.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.00 $4.00 $6.00 $6.00
Change +136.97% +373.93% +610.90% +610.90%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 221111
Hold 111111
Sell 000000
Strong Sell 000000
Total 443333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Strong Buy
Maintains
$3$2
Strong Buy Maintains $3$2 +136.97% May 16, 2024
Scotiabank
Scotiabank
Buy
Maintains
$7$6
Buy Maintains $7$6 +610.90% 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 +1,084.83% Aug 10, 2023
BTIG
BTIG
Strong Buy
Maintains
$30$20
Strong Buy Maintains $30$20 +2,269.67% May 18, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
38.85M
from 36.12M
Increased by 7.56%
Revenue Next Year
48.30M
from 38.85M
Increased by 24.33%
EPS This Year
-1.77
from -6.81
EPS Next Year
-1.15
from -1.77
Year 2019202020212022202320242025202620272028
Revenue
10.13M8.50M17.98M27.80M36.12M38.85M48.30M75.80M103.66M141.51M
Revenue Growth
-15.59%-16.06%111.47%54.62%29.90%7.56%24.33%56.94%36.76%36.51%
EPS
-19.90-3.90-2.60-4.58-6.81-1.77-1.15-0.35--
EPS Growth
----------
Forward PE
----------
No. Analysts -----66333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 41.0M 52.5M 78.0M 106.7M 145.7M
Avg 38.8M 48.3M 75.8M 103.7M 141.5M
Low 36.3M 44.1M 72.8M 99.6M 136.0M

Revenue Growth

Revenue Growth 20242025202620272028
High
13.4%
35.2%
61.6%
40.8%
40.5%
Avg
7.6%
24.3%
56.9%
36.8%
36.5%
Low
0.4%
13.5%
50.8%
31.4%
31.2%

EPS Forecast

EPS 202420252026
High -1.68 -0.97 -0.36
Avg -1.77 -1.15 -0.35
Low -1.83 -1.30 -0.33

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.