Health Catalyst, Inc. (HCAT)

Health Catalyst Stock Forecast

Stock Price Forecast

The 9 analysts that cover Health Catalyst stock have a consensus rating of "Hold" and an average price target of $2.53, which forecasts a 127.93% increase in the stock price over the next year. The lowest target is $1.00 and the highest is $4.00.

Price Target: $2.53 (+127.93%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.00	$2.53	$2.00	$4.00
Change	-9.91%	+127.93%	+80.18%	+260.36%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	1
Hold	8	8	8	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stan Berenshteyn Wells Fargo	Wells Fargo	Buy → Hold Downgrades $5 → $1	Buy → Hold	Downgrades	$5 → $1	-9.91%	Mar 18, 2026
Daniel Grosslight Citigroup	Citigroup	Hold Maintains $2.75 → $1.75	Hold	Maintains	$2.75 → $1.75	+57.66%	Mar 13, 2026
Richard Close Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $5 → $2	Strong Buy	Maintains	$5 → $2	+80.18%	Mar 13, 2026
Jeff Garro Stephens & Co.	Stephens & Co.	Hold Maintains $3.5 → $2	Hold	Maintains	$3.5 → $2	+80.18%	Mar 13, 2026
David Grossman Stifel	Stifel	Hold Maintains $3.75 → $2	Hold	Maintains	$3.75 → $2	+80.18%	Mar 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

289.67M

Decreased by -6.90%

from 311.14M

Revenue Next Year

290.80M

Increased by 0.39%

from 289.67M

EPS This Year

0.36

from -2.55

EPS Next Year

0.44

Increased by 20.70%

from 0.36

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	241.93M	276.24M	295.94M	306.58M	311.14M	289.67M	290.80M
Revenue Growth	28.11%	14.18%	7.13%	3.60%	1.49%	-6.90%	0.39%
EPS	-3.23	-2.63	-2.09	-1.15	-2.55	0.36	0.44
EPS Growth	-	-	-	-	-	-	20.70%
Forward PE	-	-	-	-	-	3.04	2.52
No. Analysts	-	-	-	-	-	13	13

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

Revenue Forecast

Revenue	2026	2027	2028
High	313.9M	323.1M
Avg	289.7M	290.8M
Low	261.8M	236.1M

Revenue Growth

Revenue Growth	2026	2027	2028
High	0.9%	11.5%
Avg	-6.9%	0.4%
Low	-15.9%	-18.5%

EPS Forecast

EPS	2026	2027	2028
High	0.65	0.72
Avg	0.36	0.44
Low	0.17	0.21

EPS Growth

EPS Growth	2026	2027	2028
High	-	98.6%
Avg	-	20.7%
Low	-	-43.6%

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.