CONMED Corporation (CNMD)
NYSE: CNMD · Real-Time Price · USD
61.13
-0.18 (-0.29%)
At close: Feb 21, 2025, 4:00 PM
61.23
+0.10 (0.16%)
After-hours: Feb 21, 2025, 7:51 PM EST
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 26.29% from the current stock price of 61.13.
Analyst Consensus: Buy
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 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 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $72 → $75 | Strong Buy | Maintains | $72 → $75 | +22.69% | Feb 6, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $74 → $70 | Hold | Maintains | $74 → $70 | +14.51% | Feb 6, 2025 |
| Needham | Needham | Strong Buy Maintains $97 → $91 | Strong Buy | Maintains | $97 → $91 | +48.86% | Feb 6, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $85 → $70 | Buy → Hold | Downgrades | $85 → $70 | +14.51% | Feb 6, 2025 |
| Needham | Needham | Strong Buy Reiterates $97 | Strong Buy | Reiterates | $97 | +58.68% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
1.42B
from 1.31B
Increased by 8.95%
Revenue Next Year
1.52B
from 1.42B
Increased by 6.60%
EPS This Year
4.42
from 4.25
Increased by 4.08%
EPS Next Year
4.98
from 4.42
Increased by 12.57%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.5B | 1.6B | 1.7B |
| Avg | 1.4B | 1.5B | 1.6B |
| Low | 1.3B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 13.5% | 11.4% | 14.1% |
| Avg | 9.0% | 6.6% | 7.0% |
| Low | 2.8% | 0.3% | -0.9% |
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.