Edgio, Inc. (EGIO)
NASDAQ: EGIO · IEX Real-Time Price · USD
9.63
+0.32 (3.44%)
At close: May 24, 2024, 4:00 PM
9.67
+0.04 (0.42%)
After-hours: May 24, 2024, 7:30 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 166.56% from the current stock price of 9.63.

Analyst Consensus: Buy
Target Low Average Median High
Price $7.00 $25.67 $10 $60
Change -27.31% +166.56% +3.84% +523.05%
* 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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 222111
Buy 000000
Hold 444122
Sell 000000
Strong Sell 000000
Total 666233

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Hold
Maintains
$30$10
Hold Maintains $30$10 +3.84% Apr 19, 2024
DA Davidson
DA Davidson
Hold
Maintains
$8.5$7
Hold Maintains $8.5$7 -27.31% Mar 18, 2024
DA Davidson
DA Davidson
Hold
Reiterates
$30
Hold Reiterates $30 +211.53% Aug 16, 2023
Lake Street
Lake Street
Strong Buy
Maintains
$80$60
Strong Buy Maintains $80$60 +523.05% Jul 20, 2023
DA Davidson
DA Davidson
Hold
Maintains
$30
Hold Maintains $30 +211.53% Jun 30, 2023
More Analyst Ratings

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
Year 20182019202020212022202320242025202620272028
Revenue
195.67M200.63M223.99M201.12M338.60M400.86M399.88M469.88M528.62M594.69M669.03M
Revenue Growth
6.13%2.54%11.64%-10.21%68.36%18.39%-0.24%17.51%12.50%12.50%12.50%
EPS
3.20-5.60-7.20-19.20-30.00-10.74-5.441.630.1511.4217.54
EPS Growth
---------90.63%7,366.67%53.57%
No. Analysts -----553333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
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 202320242025202620272028
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 202320242025202620272028
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 202320242025202620272028
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.