Edwards Lifesciences Corporation (EW)

Edwards Lifesciences Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for EW stock have an average target of 96.32, with a low estimate of 57 and a high estimate of 110. The average target predicts an increase of 11.35% from the current stock price of 86.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$57	$96.32	$101	$110
Change	-34.10%	+11.35%	+16.76%	+27.17%

Analyst Ratings

The average analyst rating for EW stock from 20 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	3	4	4	7	7	7
Buy	8	8	8	7	7	7
Hold	6	6	6	5	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	18	19	19	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Newitter Truist Securities	Truist Securities	Strong Buy Maintains $105 → $110	Strong Buy	Maintains	$105 → $110	+27.17%	Jul 16, 2024
Joanne Wuensch Citigroup	Citigroup	Strong Buy Maintains $105 → $106	Strong Buy	Maintains	$105 → $106	+22.54%	Jul 10, 2024
Vijay Kumar Evercore ISI Group	Evercore ISI Group	Hold Maintains $89 → $91	Hold	Maintains	$89 → $91	+5.20%	Jul 2, 2024
David Roman Goldman Sachs	Goldman Sachs	Strong Buy Initiates $107	Strong Buy	Initiates	$107	+23.70%	May 30, 2024
Joanne Wuensch Citigroup	Citigroup	Hold → Strong Buy Upgrades $98 → $105	Hold → Strong Buy	Upgrades	$98 → $105	+21.39%	May 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.76B

Increased by 12.56%

from 6.00B

Revenue Next Year

7.42B

Increased by 9.78%

from 6.76B

EPS This Year

2.85

Increased by 23.78%

from 2.30

EPS Next Year

3.21

Increased by 12.88%

from 2.85

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	4.35B	4.39B	5.23B	5.38B	6.00B	6.76B	7.42B	8.11B	8.88B	9.63B
Revenue Growth	16.79%	0.88%	19.29%	2.86%	11.56%	12.56%	9.78%	9.35%	9.39%	8.53%
EPS	1.64	1.30	2.38	2.44	2.30	2.85	3.21	3.56	4.01	4.38
EPS Growth	45.13%	-20.73%	83.08%	2.52%	-5.74%	23.78%	12.88%	10.86%	12.64%	9.09%
Forward PE	-	-	-	-	-	30.38	26.92	24.28	21.56	19.76
No. Analysts	-	-	-	-	-	36	35	26	11	9

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	7.0B	7.7B	8.6B	9.3B	10.1B
Avg	6.8B	7.4B	8.1B	8.9B	9.6B
Low	6.3B	6.8B	7.4B	8.2B	8.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	15.8%	14.4%	15.7%	14.9%	14.0%
Avg	12.6%	9.8%	9.4%	9.4%	8.5%
Low	5.7%	1.0%	-0.4%	0.4%	-0.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.94	3.60	3.91	4.34	4.80
Avg	2.85	3.21	3.56	4.01	4.38
Low	2.61	2.78	3.04	3.57	3.88

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	27.8%	26.5%	21.7%	21.9%	19.6%
Avg	23.8%	12.9%	10.9%	12.6%	9.1%
Low	13.3%	-2.2%	-5.5%	0.1%	-3.3%

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.