NeoGenomics, Inc. (NEO)
NASDAQ: NEO · IEX Real-Time Price · USD
14.51
-0.23 (-1.56%)
At close: Jul 19, 2024, 4:00 PM
14.44
-0.07 (-0.48%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

NeoGenomics Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for NeoGenomics stock have an average target of 19.78, with a low estimate of 17 and a high estimate of 26. The average target predicts an increase of 36.32% from the current stock price of 14.51.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17 $19.78 $19 $26
Change +17.16% +36.32% +30.94% +79.19%
* Price targets were last updated on May 2, 2024.

Analyst Ratings

The average analyst rating for NeoGenomics stock from 9 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 444666
Buy 333222
Hold 332221
Sell 000000
Strong Sell 000000
Total 1010910109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Strong Buy
Maintains
$23$21
Strong Buy Maintains $23$21 +44.73% May 2, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +24.05% May 1, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$21$20
Strong Buy Maintains $21$20 +37.84% May 1, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$26
Strong Buy Initiates $26 +79.19% May 1, 2024
Needham
Needham
Strong Buy
Maintains
$24$19
Strong Buy Maintains $24$19 +30.94% Apr 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
662.22M
from 591.64M
Increased by 11.93%
Revenue Next Year
726.46M
from 662.22M
Increased by 9.70%
EPS This Year
0.02
from -0.70
EPS Next Year
0.17
from 0.02
Increased by 661.75%
Year 20192020202120222023202420252026
Revenue
408.83M444.45M484.33M509.73M591.64M662.22M726.46M800.57M
Revenue Growth
47.73%8.71%8.97%5.24%16.07%11.93%9.70%10.20%
EPS
0.080.04-0.07-1.16-0.700.020.170.35
EPS Growth
14.29%-50.00%----661.75%109.83%
Forward PE
-----666.9687.5641.73
No. Analysts -----14148
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 692.0M 764.0M 844.6M
Avg 662.2M 726.5M 800.6M
Low 638.0M 695.8M 763.9M

Revenue Growth

Revenue Growth 202420252026
High
17.0%
15.4%
16.3%
Avg
11.9%
9.7%
10.2%
Low
7.8%
5.1%
5.2%

EPS Forecast

EPS 202420252026
High 0.06 0.32 0.46
Avg 0.02 0.17 0.35
Low -0.01 0.07 0.19

EPS Growth

EPS Growth 202420252026
High -
1,347.9%
178.8%
Avg -
661.7%
109.8%
Low -
215.3%
12.4%
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.