Fulgent Genetics Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Fulgent Genetics stock have an average target of 28.5, with a low estimate of 22 and a high estimate of 35. The average target predicts an increase of 67.84% from the current stock price of 16.98.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$22	$28.5	$35	$35
Change	+29.56%	+67.84%	+106.12%	+106.12%

Analyst Ratings

The average analyst rating for FLGT stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $26 → $22	Hold	Maintains	$26 → $22	+29.56%	Nov 11, 2024
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $28 → $25	Hold	Maintains	$28 → $25	+47.23%	Mar 6, 2024
Dan Leonard UBS	UBS	Hold Initiates $35	Hold	Initiates	$35	+106.12%	Dec 7, 2023
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $37 → $28	Hold	Maintains	$37 → $28	+64.90%	Oct 16, 2023
Dan Leonard Credit Suisse	Credit Suisse	Buy Maintains $50 → $45	Buy	Maintains	$50 → $45	+165.02%	Mar 2, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

287.81M

from 289.21M

-0.49%

from 289.21M

Revenue Next Year

328.21M

from 287.81M

14.04%

from 287.81M

EPS This Year

-0.40

from -5.63

EPS Next Year

-0.62

from -0.40

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	32.53M	421.71M	992.58M	618.97M	289.21M	287.81M	328.21M	367.98M
Revenue Growth	52.35%	1,196.46%	135.37%	-37.64%	-53.27%	-0.49%	14.04%	12.12%
EPS	-0.02	8.91	16.38	4.63	-5.63	-0.40	-0.62	-0.37
EPS Growth	-	-	83.84%	-71.73%	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	5	5

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

Revenue Forecast

Revenue	2024	2025	2026
High	298.2M	356.5M	398.9M
Avg	287.8M	328.2M	368.0M
Low	274.6M	304.3M	341.4M

Revenue Growth

Revenue Growth	2024	2025	2026
High	3.1%	23.9%	21.5%
Avg	-0.5%	14.0%	12.1%
Low	-5.1%	5.7%	4.0%

EPS Forecast

EPS	2024	2025	2026
High	-0.23	-0.58	-0.33
Avg	-0.40	-0.62	-0.37
Low	-0.64	-0.65	-0.44

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.