23andMe Holding Co. (ME)
NASDAQ: ME · IEX Real-Time Price · USD
0.544
+0.033 (6.52%)
Mar 28, 2024, 11:47 AM EDT - Market open

23andMe Holding Co. Stock Forecast

ME's stock price has decreased by -77.32% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for 23andMe Holding Co. stock have an average target of 3.88, with a low estimate of 1.75 and a high estimate of 6.00. The average target predicts an increase of 613.63% from the current stock price of 0.54.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $1.75 $3.88 $6.00 $6.00
Change +221.87% +613.63% +1003.5% +1003.5%
* Price targets were last updated on Aug 10, 2023.

Analyst Ratings

The average analyst rating for ME stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222221
Buy 222221
Hold 000000
Sell 000000
Strong Sell 000000
Total 444442

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$2.5$1.75
Strong Buy Maintains $2.5$1.75 +221.87% Aug 10, 2023
Credit Suisse
Credit Suisse
Buy
Reiterates
$6
Buy Reiterates $6 +1,003.55% May 26, 2023
Citigroup
Citigroup
Hold
Maintains
$3.75$2.5
Hold Maintains $3.75$2.5 +359.81% May 26, 2023
Berenberg
Berenberg
Strong Buy
Initiates
$7
Strong Buy Initiates $7 +1,187.47% Nov 29, 2022
Credit Suisse
Credit Suisse
Buy
Maintains
$7$6
Buy Maintains $7$6 +1,003.55% Nov 8, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
223.57M
from 299.49M
Decreased by -25.35%
Revenue Next Year
272.99M
from 223.57M
Increased by 22.10%
EPS This Year
-1.13
from -0.69
EPS Next Year
-0.63
from -1.13
Year 201820192020202120222023202420252026
Revenue
440.90M305.46M243.92M271.89M299.49M223.57M272.99M312.76M440.84M
Revenue Growth
--30.72%-20.15%11.47%10.15%-25.35%22.10%14.57%40.95%
EPS
-5.32-2.84-1.84-0.60-0.69-1.13-0.63-0.56-0.76
EPS Growth
---------
No. Analysts -----5544
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2023202420252026
High 228.4M 279.9M 318.8M 449.4M
Avg 223.6M 273.0M 312.8M 440.8M
Low 212.3M 258.2M 297.6M 419.4M

Revenue Growth

Revenue Growth 2023202420252026
High
-23.7%
25.2%
16.8%
43.7%
Avg
-25.3%
22.1%
14.6%
41.0%
Low
-29.1%
15.5%
9.0%
34.1%

EPS Forecast

EPS 2023202420252026
High -1.16 -0.62 -0.57 -0.78
Avg -1.13 -0.63 -0.56 -0.76
Low -1.08 -0.63 -0.53 -0.73

EPS Growth

EPS Growth 2023202420252026
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.