DexCom, Inc. (DXCM)

DexCom Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for DexCom stock have an average target of 98, with a low estimate of 75 and a high estimate of 130. The average target predicts an increase of 22.44% from the current stock price of 80.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$98	$95	$130
Change	-6.30%	+22.44%	+18.69%	+62.42%

Analyst Ratings

The average analyst rating for DexCom stock from 17 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	6	6	6	6	6	6
Buy	6	6	6	6	6	6
Hold	5	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	17	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joanne Wuensch Citigroup	Citigroup	Strong Buy Maintains $85 → $91	Strong Buy	Maintains	$85 → $91	+13.69%	Dec 11, 2024
Larry Biegelsen Wells Fargo	Wells Fargo	Buy Maintains $90 → $94	Buy	Maintains	$90 → $94	+17.44%	Dec 11, 2024
William Plovanic Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $89 → $99	Strong Buy	Maintains	$89 → $99	+23.69%	Dec 9, 2024
Lee Hambright Bernstein	Bernstein	Buy Maintains $82 → $86	Buy	Maintains	$82 → $86	+7.45%	Oct 25, 2024
Jayson Bedford Raymond James	Raymond James	Strong Buy Maintains $115 → $99	Strong Buy	Maintains	$115 → $99	+23.69%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.10B

Increased by 13.10%

from 3.62B

Revenue Next Year

4.70B

Increased by 14.74%

from 4.10B

EPS This Year

1.74

Increased by 33.70%

from 1.30

EPS Next Year

2.07

Increased by 18.77%

from 1.74

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.48B	1.93B	2.45B	2.91B	3.62B	4.10B	4.70B	5.42B
Revenue Growth	43.08%	30.54%	27.08%	18.84%	24.49%	13.10%	14.74%	15.19%
EPS	0.28	1.33	0.53	0.82	1.30	1.74	2.07	2.52
EPS Growth	-	385.08%	-60.09%	54.74%	58.06%	33.70%	18.77%	21.77%
Forward PE	-	-	-	-	-	45.97	38.70	31.79
No. Analysts	-	-	-	-	-	29	29	25

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	4.2B	5.0B	5.9B
Avg	4.1B	4.7B	5.4B
Low	3.9B	4.4B	4.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	16.9%	21.2%	25.8%
Avg	13.1%	14.7%	15.2%
Low	8.1%	7.2%	2.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	1.83	2.33	3.02
Avg	1.74	2.07	2.52
Low	1.62	1.85	2.21

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	40.3%	33.7%	46.2%
Avg	33.7%	18.8%	21.8%
Low	24.2%	6.3%	7.1%

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.