Penumbra, Inc. (PEN)
NYSE: PEN · Real-Time Price · USD
195.58
+8.52 (4.55%)
Sep 18, 2024, 4:00 PM EDT - Market closed

Penumbra Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Penumbra stock have an average target of 213.85, with a low estimate of 150 and a high estimate of 284. The average target predicts an increase of 9.34% from the current stock price of 195.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $150 $213.85 $205 $284
Change -23.31% +9.34% +4.82% +45.21%

Analyst Ratings

The average analyst rating for Penumbra stock from 14 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 677445
Buy 333334
Hold 233555
Sell 000000
Strong Sell 000000
Total 111313121214

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Initiates
$238
Strong Buy Initiates $238 +21.69% Sep 17, 2024
Leerink Partners
Leerink Partners
Buy
Initiates
$263
Buy Initiates $263 +34.47% Sep 3, 2024
BTIG
BTIG
Strong Buy
Maintains
$187$224
Strong Buy Maintains $187$224 +14.53% Aug 28, 2024
Citigroup
Citigroup
Hold
Maintains
$178$200
Hold Maintains $178$200 +2.26% Aug 22, 2024
BTIG
BTIG
Strong Buy
Maintains
$232$187
Strong Buy Maintains $232$187 -4.39% Jul 31, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.20B
from 1.06B
Increased by 13.37%
Revenue Next Year
1.38B
from 1.20B
Increased by 14.75%
EPS This Year
2.64
from 2.32
Increased by 14.00%
EPS Next Year
3.65
from 2.64
Increased by 37.84%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
547.41M560.41M747.59M847.13M1.06B1.20B1.38B1.58B
Revenue Growth
23.03%2.38%33.40%13.32%24.95%13.37%14.75%14.81%
EPS
1.34-0.440.14-0.052.322.643.654.94
EPS Growth
644.44%----14.00%37.84%35.52%
Forward PE
-----73.9553.6539.59
No. Analysts -----191916
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
18.9%
23.4%
26.7%
Avg
13.4%
14.8%
14.8%
Low
9.6%
8.6%
6.4%

EPS Forecast

EPS 20242025202620272028
High 3.17 4.28 6.15
Avg 2.64 3.65 4.94
Low 2.46 2.91 3.93

EPS Growth

EPS Growth 20242025202620272028
High
36.7%
62.0%
68.8%
Avg
14.0%
37.8%
35.5%
Low
6.1%
9.9%
7.7%
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.