DexCom, Inc. (DXCM)
NASDAQ: DXCM · IEX Real-Time Price · USD
111.66
+0.96 (0.87%)
At close: Jul 19, 2024, 4:00 PM
111.64
-0.02 (-0.02%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

DexCom Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for DexCom stock have an average target of 139.47, with a low estimate of 100 and a high estimate of 165. The average target predicts an increase of 24.91% from the current stock price of 111.66.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $100 $139.47 $138 $165
Change -10.44% +24.91% +23.59% +47.77%

Analyst Ratings

The average analyst rating for DexCom stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 667776
Buy 766666
Hold 222333
Sell 000000
Strong Sell 000000
Total 151415161615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$145$132
Strong Buy Maintains $145$132 +18.22% Jul 12, 2024
Redburn Atlantic
Redburn Atlantic
Hold
Initiates
$130
Hold Initiates $130 +16.42% May 30, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$151$160
Strong Buy Maintains $151$160 +43.29% Apr 26, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$144$145
Strong Buy Maintains $144$145 +29.86% Apr 26, 2024
UBS
UBS
Strong Buy
Maintains
$153$163
Strong Buy Maintains $153$163 +45.98% Apr 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.42B
from 3.62B
Increased by 21.97%
Revenue Next Year
5.27B
from 4.42B
Increased by 19.19%
EPS This Year
1.83
from 1.30
Increased by 41.14%
EPS Next Year
2.31
from 1.83
Increased by 25.69%
Year 2019202020212022202320242025202620272028
Revenue
1.48B1.93B2.45B2.91B3.62B4.42B5.27B6.19B7.05B8.07B
Revenue Growth
43.08%30.54%27.08%18.84%24.49%21.97%19.19%17.55%13.96%14.43%
EPS
0.281.330.530.821.301.832.312.843.424.03
EPS Growth
-383.64%-60.15%54.72%58.54%41.14%25.69%23.01%20.69%17.58%
Forward PE
-----60.8648.4239.3632.6127.74
No. Analysts -----28282255
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.6B 5.7B 6.7B 7.8B 9.0B
Avg 4.4B 5.3B 6.2B 7.1B 8.1B
Low 4.2B 4.9B 5.5B 6.1B 6.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
26.7%
28.3%
27.5%
25.5%
27.5%
Avg
22.0%
19.2%
17.5%
14.0%
14.4%
Low
15.9%
10.3%
4.8%
-0.8%
-2.9%

EPS Forecast

EPS 20242025202620272028
High 1.98 2.70 3.39 3.62 4.28
Avg 1.83 2.31 2.84 3.42 4.03
Low 1.64 2.00 2.39 3.16 3.71

EPS Growth

EPS Growth 20242025202620272028
High
52.7%
47.1%
47.1%
27.7%
25.1%
Avg
41.1%
25.7%
23.0%
20.7%
17.6%
Low
26.2%
9.1%
3.7%
11.2%
8.5%
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.