biote Corp. (BTMD)
NASDAQ: BTMD · IEX Real-Time Price · USD
7.83
-0.01 (-0.13%)
At close: Jul 19, 2024, 4:00 PM
7.93
+0.10 (1.28%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
biote Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for biote stock have an average target of 8.11, with a low estimate of 6.55 and a high estimate of 9.00. The average target predicts an increase of 3.58% from the current stock price of 7.83.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for biote stock from 5 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $8 → $9 | Strong Buy | Reiterates | $8 → $9 | +14.94% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +14.94% | Feb 20, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $6.55 | Strong Buy | Initiates | $6.55 | -16.35% | Feb 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +14.94% | Jan 18, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | -10.60% | Jan 18, 2024 |
Financial Forecast
Revenue This Year
206.09M
from 185.36M
Increased by 11.18%
Revenue Next Year
238.96M
from 206.09M
Increased by 15.95%
EPS This Year
0.27
from 0.13
Increased by 106.61%
EPS Next Year
0.61
from 0.27
Increased by 127.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 214.2M | 261.5M | 316.1M | 367.5M | 420.0M |
| Avg | 206.1M | 239.0M | 283.4M | 357.0M | 408.0M |
| Low | 196.2M | 219.3M | 249.6M | 343.0M | 392.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.6% | 26.9% | 32.3% | 29.7% | 17.6% |
| Avg | 11.2% | 15.9% | 18.6% | 26.0% | 14.3% |
| Low | 5.8% | 6.4% | 4.4% | 21.0% | 9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.49 | 0.85 | 0.78 | 3.99 | 4.76 |
| Avg | 0.27 | 0.61 | 0.75 | 3.88 | 4.62 |
| Low | 0.11 | 0.46 | 0.73 | 3.72 | 4.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 279.6% | 216.6% | 27.0% | 428.6% | 22.7% |
| Avg | 106.6% | 127.9% | 23.3% | 413.5% | 19.2% |
| Low | -17.1% | 71.5% | 18.5% | 393.4% | 14.5% |
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.