Cryoport, Inc. (CYRX)
NASDAQ: CYRX · IEX Real-Time Price · USD
16.23
+0.12 (0.74%)
At close: Apr 24, 2024, 4:00 PM
16.51
+0.28 (1.73%)
After-hours: Apr 24, 2024, 5:56 PM EDT
Cryoport Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Cryoport stock have an average target of 18.25, with a low estimate of 10 and a high estimate of 25. The average target predicts an increase of 12.45% from the current stock price of 16.23.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $17 → $21 | Strong Buy | Initiates | $17 → $21 | +29.39% | Apr 4, 2024 |
| UBS | UBS | Hold Maintains $15 → $17 | Hold | Maintains | $15 → $17 | +4.74% | Mar 15, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $17 | Hold | Reiterates | $17 | +4.74% | Mar 13, 2024 |
| Needham | Needham | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +10.91% | Mar 13, 2024 |
| Needham | Needham | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +17.07% | Jan 18, 2024 |
Financial Forecast
Revenue This Year
250.59M
from 233.26M
Increased by 7.43%
Revenue Next Year
277.65M
from 250.59M
Increased by 10.80%
EPS This Year
-1.33
from -2.21
EPS Next Year
-0.97
from -1.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 260.8M | 297.5M | 349.0M |
| Avg | 250.6M | 277.7M | 317.0M |
| Low | 237.8M | 258.7M | 278.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.8% | 18.7% | 25.7% |
| Avg | 7.4% | 10.8% | 14.2% |
| Low | 1.9% | 3.2% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.61 | 0.14 | -0.08 |
| Avg | -1.33 | -0.97 | -0.70 |
| Low | -1.59 | -1.37 | -1.37 |
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.