Edgio, Inc. (EGIO)
NASDAQ: EGIO · IEX Real-Time Price · USD
10.88
+0.02 (0.18%)
At close: Jul 19, 2024, 4:00 PM
11.25
+0.37 (3.40%)
Pre-market: Jul 22, 2024, 7:16 AM EDT
Edgio Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Edgio stock have an average target of 25.67, with a low estimate of 7.00 and a high estimate of 60. The average target predicts an increase of 135.94% from the current stock price of 10.88.
Analyst Consensus: Buy
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for Edgio stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold Maintains $30 → $10 | Hold | Maintains | $30 → $10 | -8.09% | Apr 19, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | -35.66% | Mar 18, 2024 |
| DA Davidson | DA Davidson | Hold Reiterates $30 | Hold | Reiterates | $30 | +175.74% | Aug 16, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $80 → $60 | Strong Buy | Maintains | $80 → $60 | +451.47% | Jul 20, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $30 | Hold | Maintains | $30 | +175.74% | Jun 30, 2023 |
Financial Forecast
Revenue This Year
400.86M
from 338.60M
Increased by 18.39%
Revenue Next Year
399.88M
from 400.86M
Decreased by -0.24%
EPS This Year
-10.74
from -30.00
EPS Next Year
-5.44
from -10.74
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 417.9M | 430.0M | 483.7M | 544.2M | 612.2M | 688.7M |
| Avg | 400.9M | 399.9M | 469.9M | 528.6M | 594.7M | 669.0M |
| Low | 381.0M | 373.6M | 451.5M | 507.9M | 571.4M | 642.8M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 23.4% | 7.3% | 21.0% | 15.8% | 15.8% | 15.8% |
| Avg | 18.4% | -0.2% | 17.5% | 12.5% | 12.5% | 12.5% |
| Low | 12.5% | -6.8% | 12.9% | 8.1% | 8.1% | 8.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -10.92 | -2.10 | 1.68 | 0.16 | 11.76 | 18.06 |
| Avg | -10.74 | -5.44 | 1.63 | 0.15 | 11.42 | 17.54 |
| Low | -10.44 | -9.14 | 1.57 | 0.15 | 10.98 | 16.86 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | - | - | - | -90.3% | 7,586.3% | 58.1% |
| Avg | - | - | - | -90.6% | 7,366.7% | 53.6% |
| Low | - | - | - | -91.0% | 7,073.9% | 47.5% |
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.