Neogen Corporation (NEOG)
NASDAQ: NEOG · Real-Time Price · USD
12.04
+0.02 (0.17%)
Dec 20, 2024, 4:00 PM EST - Market closed

Neogen Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Neogen stock have an average target of 16.25, with a low estimate of 15 and a high estimate of 17.5. The average target predicts an increase of 34.97% from the current stock price of 12.04.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $16.25 $17.5 $17.5
Change +24.58% +34.97% +45.35% +45.35%

Analyst Ratings

The average analyst rating for Neogen stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000001
Buy 111110
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +24.58% Dec 19, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$17$18
Hold Maintains $17$18 +45.35% Aug 6, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$19$17
Hold Maintains $19$17 +41.20% Apr 15, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$18$19
Hold Maintains $18$19 +57.81% Jan 18, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$24$18
Hold Maintains $24$18 +45.35% Oct 16, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
971.43M
from 924.22M
Increased by 5.11%
Revenue Next Year
1.02B
from 971.43M
Increased by 4.79%
EPS This Year
0.47
from -0.04
EPS Next Year
0.59
from 0.47
Increased by 26.09%
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
418.17M468.46M527.16M822.45M924.22M971.43M1.02B1.05B
Revenue Growth
0.96%12.03%12.53%56.01%12.37%5.11%4.79%3.14%
EPS
0.560.570.45-0.12-0.040.470.590.73
EPS Growth
-1.75%1.79%-21.30%---26.09%23.28%
Forward PE
-----25.6620.3516.51
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 1.0B 1.1B 1.1B
Avg 971.4M 1.0B 1.1B
Low 915.0M 956.1M 1.0B

Revenue Growth

Revenue Growth 202520262027
High
12.2%
12.2%
7.1%
Avg
5.1%
4.8%
3.1%
Low
-1.0%
-1.6%
-1.6%

EPS Forecast

EPS 202520262027
High 0.53 0.63 0.79
Avg 0.47 0.59 0.73
Low 0.41 0.55 0.67

EPS Growth

EPS Growth 202520262027
High -
34.3%
33.1%
Avg -
26.1%
23.3%
Low -
17.0%
12.6%
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.