QuidelOrtho Corporation (QDEL)
NASDAQ: QDEL · IEX Real-Time Price · USD
38.56
-0.16 (-0.40%)
Apr 18, 2024, 10:00 AM EDT - Market open
QuidelOrtho Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for QuidelOrtho stock have an average target of 61.6, with a low estimate of 37 and a high estimate of 81. The average target predicts an increase of 59.77% from the current stock price of 38.56.
Analyst Consensus: Hold
* Price targets were last updated on Mar 4, 2024.
Analyst Ratings
The average analyst rating for QuidelOrtho stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 4 | 4 | 4 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Sell Downgrades $70 → $42 | Hold → Strong Sell | Downgrades | $70 → $42 | +8.94% | Mar 4, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $130 → $81 | Buy | Maintains | $130 → $81 | +110.09% | Feb 14, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $100 → $76 | Strong Buy → Buy | Downgrades | $100 → $76 | +97.12% | Feb 14, 2024 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 14, 2024 |
Financial Forecast
Revenue This Year
3.03B
from 3.00B
Increased by 0.97%
Revenue Next Year
2.88B
from 3.03B
Decreased by -4.96%
EPS This Year
6.25
from -0.15
EPS Next Year
2.49
from 6.25
Decreased by -60.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1B | 3.2B | 3.3B |
| Avg | 2.9B | 3.1B | 3.2B |
| Low | 2.7B | 3.0B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2% | 12.0% | 6.1% |
| Avg | -4.0% | 8.8% | 0.8% |
| Low | -11.1% | 4.6% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.91 | 7.55 | 4.94 |
| Avg | 2.49 | 7.20 | 4.51 |
| Low | 1.76 | 6.78 | 4.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 203.3% | -31.4% |
| Avg | - | 189.1% | -37.3% |
| Low | - | 172.4% | -43.6% |
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.