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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 2 |
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 |
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
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
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 | 2023 | 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.