Neogen Corporation (NEOG)
NASDAQ: NEOG · IEX Real-Time Price · USD
15.13
+0.09 (0.60%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Neogen Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Neogen stock have an average target of 22.5, with a low estimate of 17 and a high estimate of 28. The average target predicts an increase of 48.71% from the current stock price of 15.13.
Analyst Consensus: Buy
* Price targets were last updated on Apr 15, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | +12.36% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | +25.58% | Jan 18, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $18 | Hold | Maintains | $24 → $18 | +15.66% | Oct 16, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $28 | Buy | Maintains | $22 → $28 | +85.06% | Aug 14, 2023 |
| Wells Fargo | Wells Fargo | Buy Initiates $22 | Buy | Initiates | $22 | +45.41% | Jun 16, 2023 |
Financial Forecast
Revenue This Year
930.46M
from 822.45M
Increased by 13.13%
Revenue Next Year
956.32M
from 930.46M
Increased by 2.78%
EPS This Year
0.47
from -0.12
EPS Next Year
0.56
from 0.47
Increased by 19.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 960.0M | 986.6M | 1.0B |
| Avg | 930.5M | 956.3M | 997.5M |
| Low | 891.9M | 916.8M | 952.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.7% | 6.0% | 8.0% |
| Avg | 13.1% | 2.8% | 4.3% |
| Low | 8.4% | -1.5% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 0.58 | 0.67 |
| Avg | 0.47 | 0.56 | 0.65 |
| Low | 0.45 | 0.54 | 0.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 23.1% | 19.8% |
| Avg | - | 19.6% | 16.4% |
| Low | - | 14.9% | 11.8% |
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.