Health Catalyst, Inc. (HCAT)

Health Catalyst Stock Forecast

Stock Price Forecast

The 10 analysts that cover Health Catalyst stock have a consensus rating of "Hold" and an average price target of $4.30, which forecasts a 47.26% increase in the stock price over the next year. The lowest target is $3.00 and the highest is $6.00.

Price Target: $4.30 (+47.26%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.00	$4.30	$4.00	$6.00
Change	+2.74%	+47.26%	+36.99%	+105.48%

Analyst Ratings

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

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	2	2	1	1	1	1
Buy	5	5	3	2	2	2
Hold	4	4	7	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Grosslight Citigroup	Citigroup	Hold Maintains $3.5 → $3.25	Hold	Maintains	$3.5 → $3.25	+11.30%	Nov 11, 2025
David Grossman Stifel	Stifel	Hold Maintains $4.5 → $3.75	Hold	Maintains	$4.5 → $3.75	+28.42%	Nov 11, 2025
Stan Berenshteyn Wells Fargo	Wells Fargo	Buy Maintains $6 → $5	Buy	Maintains	$6 → $5	+71.23%	Nov 11, 2025
Elizabeth Anderson Evercore ISI Group	Evercore ISI Group	Hold Maintains $4 → $3	Hold	Maintains	$4 → $3	+2.74%	Oct 8, 2025
Scott Schoenhaus Keybanc	Keybanc	Buy Maintains $5 → $4	Buy	Maintains	$5 → $4	+36.99%	Oct 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

318.40M

Increased by 3.85%

from 306.58M

Revenue Next Year

317.64M

Decreased by -0.24%

from 318.40M

EPS This Year

0.22

from -1.15

EPS Next Year

0.44

Increased by 95.10%

from 0.22

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	188.85M	241.93M	276.24M	295.94M	306.58M	318.40M	317.64M
Revenue Growth	21.88%	28.11%	14.18%	7.13%	3.60%	3.85%	-0.24%
EPS	-2.91	-3.23	-2.63	-2.09	-1.15	0.22	0.44
EPS Growth	-	-	-	-	-	-	95.10%
Forward PE	-	-	-	-	-	13.01	6.67
No. Analysts	-	-	-	-	-	13	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	351.8M	381.1M
Avg	318.4M	317.6M
Low	303.4M	292.3M

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	14.7%	19.7%
Avg	3.9%	-0.2%
Low	-1.1%	-8.2%

EPS Forecast

EPS	2025	2026	2027	2028
High	0.30	0.69
Avg	0.22	0.44
Low	0.16	0.27

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-	208.8%
Avg	-	95.1%
Low	-	22.3%

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.