CareDx, Inc (CDNA)
NASDAQ: CDNA · Real-Time Price · USD
21.90
+0.34 (1.58%)
Nov 19, 2024, 11:50 AM EST - Market open
CareDx Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CareDx stock have an average target of 27.17, with a low estimate of 15 and a high estimate of 35. The average target predicts an increase of 24.06% from the current stock price of 21.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CareDx stock from 8 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $40 → $35 | Strong Buy | Maintains | $40 → $35 | +59.82% | Nov 5, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $26 → $35 | Strong Buy | Maintains | $26 → $35 | +59.82% | Oct 16, 2024 |
| Wells Fargo | Wells Fargo | Sell Initiates $28 | Sell | Initiates | $28 | +27.85% | Aug 27, 2024 |
| BTIG | BTIG | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +82.65% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
335.28M
from 280.32M
Increased by 19.60%
Revenue Next Year
369.68M
from 335.28M
Increased by 10.26%
EPS This Year
0.38
from -3.54
EPS Next Year
0.54
from 0.38
Increased by 42.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 346.2M | 391.6M | 457.9M |
| Avg | 335.3M | 369.7M | 421.5M |
| Low | 319.6M | 339.1M | 372.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.5% | 16.8% | 23.9% |
| Avg | 19.6% | 10.3% | 14.0% |
| Low | 14.0% | 1.1% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 0.75 | 1.17 |
| Avg | 0.38 | 0.54 | 0.75 |
| Low | 0.27 | 0.36 | 0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 96.0% | 114.4% |
| Avg | - | 42.9% | 37.6% |
| Low | - | -4.7% | -67.5% |
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.