biote Corp. (BTMD)
NASDAQ: BTMD · Real-Time Price · USD
5.17
-0.06 (-1.15%)
At close: Nov 4, 2024, 4:00 PM
5.42
+0.25 (4.84%)
After-hours: Nov 4, 2024, 6:23 PM EST
biote Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for biote stock have an average target of 8.39, with a low estimate of 6.55 and a high estimate of 9.00. The average target predicts an increase of 62.28% from the current stock price of 5.17.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for biote 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| 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 | 4 |
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 | +74.08% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +74.08% | Feb 20, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $6.55 | Strong Buy | Initiates | $6.55 | +26.69% | Feb 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +74.08% | Jan 18, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +35.40% | Jan 18, 2024 |
Financial Forecast
Revenue This Year
205.87M
from 185.36M
Increased by 11.06%
Revenue Next Year
236.38M
from 205.87M
Increased by 14.82%
EPS This Year
-0.01
from 0.13
EPS Next Year
0.59
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 213.4M | 259.4M | 314.0M | ||
| Avg | 205.9M | 236.4M | 281.7M | ||
| Low | 195.8M | 219.3M | 248.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.1% | 26.0% | 32.8% | ||
| Avg | 11.1% | 14.8% | 19.2% | ||
| Low | 5.6% | 6.5% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.16 | 0.83 | 0.70 | ||
| Avg | -0.01 | 0.59 | 0.68 | ||
| Low | -0.12 | 0.42 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1% | - | 19.6% | ||
| Avg | - | - | 16.2% | ||
| Low | - | - | 11.6% |
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.