NeoGenomics, Inc. (NEO)
NASDAQ: NEO · IEX Real-Time Price · USD
14.03
-0.13 (-0.92%)
Apr 24, 2024, 4:00 PM EDT - Market closed
NeoGenomics Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for NeoGenomics stock have an average target of 19.5, with a low estimate of 17 and a high estimate of 24. The average target predicts an increase of 38.99% from the current stock price of 14.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 26, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +42.55% | Feb 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +35.42% | Feb 22, 2024 |
| Needham | Needham | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +71.06% | Feb 21, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $22 → $19 | Buy | Maintains | $22 → $19 | +35.42% | Dec 29, 2023 |
| BTIG | BTIG | Strong Buy Maintains $25 → $21 | Strong Buy | Maintains | $25 → $21 | +49.68% | Dec 29, 2023 |
Financial Forecast
Revenue This Year
661.11M
from 591.64M
Increased by 11.74%
Revenue Next Year
725.66M
from 661.11M
Increased by 9.76%
EPS This Year
-0.01
from -0.70
EPS Next Year
0.14
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 692.0M | 763.4M | 842.0M |
| Avg | 661.1M | 725.7M | 795.9M |
| Low | 638.0M | 693.0M | 763.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.0% | 15.5% | 16.0% |
| Avg | 11.7% | 9.8% | 9.7% |
| Low | 7.8% | 4.8% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.08 | 0.21 | 0.46 |
| Avg | -0.01 | 0.14 | 0.35 |
| Low | -0.19 | 0.06 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 228.7% |
| Avg | - | - | 147.9% |
| Low | - | - | 39.4% |
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.