Neogen Corporation (NEOG)

Neogen Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Neogen stock has a target of 17.5, which predicts an increase of 16.98% from the current stock price of 14.96.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17.5	$17.5	$17.5	$17.5
Change	+16.98%	+16.98%	+16.98%	+16.98%

* Price targets were last updated on Aug 6, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Neogen is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $17 → $18	Hold	Maintains	$17 → $18	+16.98%	Aug 6, 2024
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $19 → $17	Hold	Maintains	$19 → $17	+13.64%	Apr 15, 2024
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $18 → $19	Hold	Maintains	$18 → $19	+27.01%	Jan 18, 2024
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $24 → $18	Hold	Maintains	$24 → $18	+16.98%	Oct 16, 2023
Timothy Daley Wells Fargo	Wells Fargo	Buy Maintains $22 → $28	Buy	Maintains	$22 → $28	+87.17%	Aug 14, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

955.44M

Increased by 3.38%

from 924.22M

Revenue Next Year

1.00B

Increased by 4.87%

from 955.44M

EPS This Year

0.48

from -0.04

EPS Next Year

0.61

Increased by 26.60%

from 0.48

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2020	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 31, 2025	May 31, 2026	May 31, 2027
Revenue	418.17M	468.46M	527.16M	822.45M	924.22M	955.44M	1.00B	1.05B
Revenue Growth	0.96%	12.03%	12.53%	56.01%	12.37%	3.38%	4.87%	4.89%
EPS	0.56	0.57	0.45	-0.12	-0.04	0.48	0.61	0.75
EPS Growth	-1.75%	1.79%	-21.30%	-	-	-	26.60%	23.53%
Forward PE	-	-	-	-	-	31.21	24.65	19.95
No. Analysts	-	-	-	-	-	5	5	5

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

Revenue Forecast

Revenue	2025	2026	2027
High	985.0M	1.0B	1.1B
Avg	955.4M	1.0B	1.1B
Low	916.8M	960.6M	1.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	6.6%	8.5%	8.8%
Avg	3.4%	4.9%	4.9%
Low	-0.8%	0.5%	0.5%

EPS Forecast

EPS	2025	2026	2027
High	0.53	0.63	0.83
Avg	0.48	0.61	0.75
Low	0.43	0.58	0.67

EPS Growth

EPS Growth	2025	2026	2027
High	-	31.4%	36.7%
Avg	-	26.6%	23.5%
Low	-	20.6%	9.8%

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.