Edgio, Inc. (EGIO)
NASDAQ: EGIO · IEX Real-Time Price · USD
11.12
-0.62 (-5.28%)
At close: Apr 19, 2024, 4:00 PM
10.89
-0.23 (-2.07%)
After-hours: Apr 19, 2024, 6:46 PM 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 130.85% from the current stock price of 11.12.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 1 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 6 | 6 | 2 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Hold Maintains $30 → $10 | Hold | Maintains | $30 → $10 | -10.07% | Apr 19, 2024 |
DA Davidson | DA Davidson | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | -37.05% | Mar 18, 2024 |
DA Davidson | DA Davidson | Hold Reiterates $30 | Hold | Reiterates | $30 | +169.78% | Aug 16, 2023 |
Lake Street | Lake Street | Strong Buy Maintains $80 → $60 | Strong Buy | Maintains | $80 → $60 | +439.57% | Jul 20, 2023 |
DA Davidson | DA Davidson | Hold Maintains $30 | Hold | Maintains | $30 | +169.78% | Jun 30, 2023 |
Financial Forecast
Revenue This Year
403.03M
from 338.60M
Increased by 19.03%
Revenue Next Year
403.28M
from 403.03M
Increased by 0.06%
EPS This Year
-10.74
from -30.00
EPS Next Year
-3.40
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 | 403.0M | 403.3M | 469.9M | 528.6M | 594.7M | 669.0M |
Low | 384.4M | 373.6M | 451.5M | 507.9M | 571.4M | 642.8M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | 23.4% | 6.7% | 19.9% | 15.8% | 15.8% | 15.8% |
Avg | 19.0% | 0.1% | 16.5% | 12.5% | 12.5% | 12.5% |
Low | 13.5% | -7.3% | 11.9% | 8.1% | 8.1% | 8.1% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | -10.92 | -2.10 | 1.68 | 0.16 | 0.29 | 0.45 |
Avg | -10.74 | -3.40 | 1.63 | 0.15 | 0.29 | 0.44 |
Low | -10.44 | -4.57 | 1.57 | 0.15 | 0.27 | 0.42 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | - | - | - | -90.3% | 92.2% | 58.1% |
Avg | - | - | - | -90.6% | 86.7% | 53.6% |
Low | - | - | - | -91.0% | 79.3% | 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.