Fulgent Genetics, Inc. (FLGT)
NASDAQ: FLGT · IEX Real-Time Price · USD
21.82
-0.20 (-0.91%)
At close: Jul 19, 2024, 4:00 PM
21.86
+0.04 (0.18%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Fulgent Genetics Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Fulgent Genetics stock have an average target of 30, with a low estimate of 25 and a high estimate of 35. The average target predicts an increase of 37.49% from the current stock price of 21.82.
Analyst Consensus: Hold
* Price targets were last updated on Mar 6, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '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 |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $28 → $25 | Hold | Maintains | $28 → $25 | +14.57% | Mar 6, 2024 |
| UBS | UBS | Hold Initiates $35 | Hold | Initiates | $35 | +60.40% | Dec 7, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $37 → $28 | Hold | Maintains | $37 → $28 | +28.32% | Oct 16, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $50 → $45 | Buy | Maintains | $50 → $45 | +106.23% | Mar 2, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $65 → $40 | Buy → Hold | Downgrades | $65 → $40 | +83.32% | Dec 8, 2022 |
Financial Forecast
Revenue This Year
285.78M
from 289.21M
Decreased by -1.19%
Revenue Next Year
328.18M
from 285.78M
Increased by 14.84%
EPS This Year
-0.94
from -5.63
EPS Next Year
-0.87
from -0.94
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 296.6M | 356.5M | 398.7M |
| Avg | 285.8M | 328.2M | 367.7M |
| Low | 271.5M | 304.3M | 340.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.6% | 24.7% | 21.5% |
| Avg | -1.2% | 14.8% | 12.1% |
| Low | -6.1% | 6.5% | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.74 | -0.83 | -0.55 |
| Avg | -0.94 | -0.87 | -0.59 |
| Low | -1.03 | -0.90 | -0.68 |
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.