CareDx, Inc (CDNA)
NASDAQ: CDNA · IEX Real-Time Price · USD
8.07
-0.21 (-2.54%)
Apr 18, 2024, 4:00 PM EDT - Market closed
CareDx Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CareDx stock have an average target of 13.5, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 67.29% from the current stock price of 8.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CareDx stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $15 | Buy | Reiterates | $15 | +85.87% | Apr 17, 2024 |
| Stephens & Co. | Stephens & Co. | Hold → Buy Upgrades $10 | Hold → Buy | Upgrades | $10 | +23.92% | Nov 9, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $10 | Hold | Reiterates | $10 | +23.92% | Sep 26, 2023 |
| Raymond James | Raymond James | Hold → Buy Upgrades $12 | Hold → Buy | Upgrades | $12 | +48.70% | Aug 15, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 9, 2023 |
Financial Forecast
Revenue This Year
271.94M
from 280.32M
Decreased by -2.99%
Revenue Next Year
291.05M
from 271.94M
Increased by 7.03%
EPS This Year
-0.54
from -3.54
EPS Next Year
-0.47
from -0.54
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 282.5M | 309.1M | 330.5M |
| Avg | 271.9M | 291.1M | 311.0M |
| Low | 258.8M | 273.3M | 289.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.8% | 13.7% | 13.5% |
| Avg | -3.0% | 7.0% | 6.9% |
| Low | -7.7% | 0.5% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.41 | -0.20 | 0.08 |
| Avg | -0.54 | -0.47 | -0.18 |
| Low | -0.67 | -1.08 | -0.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.