Penumbra, Inc. (PEN)
NYSE: PEN · IEX Real-Time Price · USD
189.87
-0.94 (-0.49%)
At close: Jul 19, 2024, 4:00 PM
189.93
+0.06 (0.03%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Penumbra Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Penumbra stock have an average target of 265.36, with a low estimate of 210 and a high estimate of 337. The average target predicts an increase of 39.76% from the current stock price of 189.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Penumbra stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 7 | 7 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 11 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $280 → $230 | Strong Buy | Maintains | $280 → $230 | +21.14% | Jul 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $235 → $210 | Hold | Maintains | $235 → $210 | +10.60% | Jul 15, 2024 |
| BTIG | BTIG | Strong Buy Maintains $265 → $232 | Strong Buy | Maintains | $265 → $232 | +22.19% | Jul 15, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $300 → $265 | Strong Buy | Maintains | $300 → $265 | +39.57% | Jul 10, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $284 → $272 | Strong Buy | Maintains | $284 → $272 | +43.26% | May 8, 2024 |
Financial Forecast
Revenue This Year
1.25B
from 1.06B
Increased by 18.47%
Revenue Next Year
1.46B
from 1.25B
Increased by 16.35%
EPS This Year
2.89
from 2.32
Increased by 24.62%
EPS Next Year
3.88
from 2.89
Increased by 34.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.5B | 1.8B | 2.0B | 2.3B |
| Avg | 1.3B | 1.5B | 1.7B | 1.9B | 2.2B |
| Low | 1.2B | 1.4B | 1.6B | 1.8B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.3% | 23.5% | 26.0% | 20.6% | 21.8% |
| Avg | 18.5% | 16.3% | 15.0% | 13.0% | 17.1% |
| Low | 14.4% | 9.8% | 7.5% | 6.7% | 13.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.19 | 4.32 | 6.56 | 6.86 | 8.53 |
| Avg | 2.89 | 3.88 | 5.20 | 6.51 | 8.20 |
| Low | 2.64 | 3.36 | 4.44 | 6.24 | 7.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.6% | 49.3% | 69.2% | 31.8% | 30.9% |
| Avg | 24.6% | 34.2% | 34.1% | 25.3% | 25.9% |
| Low | 13.6% | 16.3% | 14.5% | 20.0% | 22.2% |
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.