Cryoport, Inc. (CYRX)
NASDAQ: CYRX · IEX Real-Time Price · USD
6.18
-0.21 (-3.29%)
At close: Jul 2, 2024, 4:00 PM
6.39
+0.21 (3.40%)
After-hours: Jul 2, 2024, 7:28 PM EDT
Cryoport Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Cryoport stock have an average target of 17.88, with a low estimate of 10 and a high estimate of 25. The average target predicts an increase of 189.32% from the current stock price of 6.18.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for Cryoport stock from 9 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +191.26% | May 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $22 → $19 | Strong Buy → Hold | Downgrades | $22 → $19 | +207.44% | May 3, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $17 → $21 | Strong Buy | Initiates | $17 → $21 | +239.81% | Apr 4, 2024 |
| UBS | UBS | Hold Maintains $15 → $17 | Hold | Maintains | $15 → $17 | +175.08% | Mar 15, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $17 | Hold | Reiterates | $17 | +175.08% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
247.07M
from 233.26M
Increased by 5.92%
Revenue Next Year
270.95M
from 247.07M
Increased by 9.67%
EPS This Year
-1.45
from -2.21
EPS Next Year
-1.11
from -1.45
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 257.3M | 287.7M | 321.3M |
| Avg | 247.1M | 271.0M | 299.1M |
| Low | 233.8M | 253.9M | 278.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 16.5% | 18.6% |
| Avg | 5.9% | 9.7% | 10.4% |
| Low | 0.2% | 2.8% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.24 | -0.64 | -0.47 |
| Avg | -1.45 | -1.11 | -0.86 |
| Low | -1.58 | -1.40 | -1.36 |
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.