CONMED Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for CONMED stock have an average target of 77.2, with a low estimate of 70 and a high estimate of 91. The average target predicts an increase of 31.40% from the current stock price of 58.75.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$77.2	$75	$91
Change	+19.15%	+31.40%	+27.66%	+54.89%

* Price targets were last updated on Feb 6, 2025.

Analyst Ratings

The average analyst rating for CONMED stock from 5 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	2	2	2	2	2
Buy	2	2	2	2	1	1
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rick Wise Stifel	Stifel	Strong Buy Maintains $72 → $75	Strong Buy	Maintains	$72 → $75	+27.66%	Feb 6, 2025
Vik Chopra Wells Fargo	Wells Fargo	Hold Maintains $74 → $70	Hold	Maintains	$74 → $70	+19.15%	Feb 6, 2025
Mike Matson Needham	Needham	Strong Buy Maintains $97 → $91	Strong Buy	Maintains	$97 → $91	+54.89%	Feb 6, 2025
Robbie Marcus JP Morgan	JP Morgan	Buy → Hold Downgrades $85 → $70	Buy → Hold	Downgrades	$85 → $70	+19.15%	Feb 6, 2025
Mike Matson Needham	Needham	Strong Buy Reiterates $97	Strong Buy	Reiterates	$97	+65.11%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.39B

from 1.31B

5.97%

from 1.31B

Revenue Next Year

1.46B

from 1.39B

5.63%

from 1.39B

EPS This Year

4.42

from 4.25

4.08%

from 4.25

EPS Next Year

4.98

from 4.42

12.57%

from 4.42

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	862.46M	1.01B	1.05B	1.24B	1.31B	1.39B	1.46B	1.56B
Revenue Growth	-9.70%	17.18%	3.45%	19.06%	5.00%	5.97%	5.63%	6.43%
EPS	0.32	1.94	-2.68	2.04	4.25	4.42	4.98	5.56
EPS Growth	-67.01%	506.25%	-	-	108.33%	4.08%	12.57%	11.64%
Forward PE	-	-	-	-	-	13.28	11.80	10.57
No. Analysts	-	-	-	-	-	9	9	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.4B	1.5B	1.6B
Avg	1.4B	1.5B	1.6B
Low	1.3B	1.4B	1.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	9.6%	10.8%	12.2%
Avg	6.0%	5.6%	6.4%
Low	0.9%	0.2%	0.8%

EPS Forecast

EPS	2025	2026	2027
High	4.59	5.31	6.04
Avg	4.42	4.98	5.56
Low	4.17	4.63	5.22

EPS Growth

EPS Growth	2025	2026	2027
High	8.0%	20.1%	21.2%
Avg	4.1%	12.6%	11.6%
Low	-1.8%	4.6%	4.9%

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.