Penumbra, Inc. (PEN)
NYSE: PEN · Real-Time Price · USD
242.54
-0.98 (-0.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
Penumbra Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Penumbra stock have an average target of 259.86, with a low estimate of 210 and a high estimate of 323. The average target predicts an increase of 7.14% from the current stock price of 242.54.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Penumbra stock from 15 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 '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 4 | 4 | 4 | 6 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 14 | 14 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $240 → $285 | Strong Buy | Maintains | $240 → $285 | +17.51% | Dec 18, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $275 | Buy | Initiates | $275 | +13.38% | Dec 17, 2024 |
| Citigroup | Citigroup | Hold Maintains $200 → $245 | Hold | Maintains | $200 → $245 | +1.01% | Dec 11, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $190 → $275 | Hold → Buy | Upgrades | $190 → $275 | +13.38% | Dec 11, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $260 → $323 | Strong Buy | Maintains | $260 → $323 | +33.17% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
1.20B
from 1.06B
Increased by 13.65%
Revenue Next Year
1.38B
from 1.20B
Increased by 14.38%
EPS This Year
2.81
from 2.32
Increased by 21.10%
EPS Next Year
3.81
from 2.81
Increased by 35.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.3B | 1.5B | 1.7B | |||
| Avg | 1.2B | 1.4B | 1.6B | |||
| Low | 1.2B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.7% | 20.9% | 26.7% | |||
| Avg | 13.6% | 14.4% | 14.6% | |||
| Low | 9.7% | 7.8% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.14 | 4.66 | 6.03 | |||
| Avg | 2.81 | 3.81 | 4.97 | |||
| Low | 2.59 | 3.24 | 4.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 35.3% | 65.9% | 58.0% | |||
| Avg | 21.1% | 35.7% | 30.3% | |||
| Low | 11.5% | 15.4% | 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.