Precigen, Inc. (PGEN)
NASDAQ: PGEN · IEX Real-Time Price · USD
1.355
-0.045 (-3.21%)
May 2, 2024, 10:44 AM EDT - Market open
Precigen Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Precigen stock have an average target of 10, with a low estimate of 6.00 and a high estimate of 14. The average target predicts an increase of 638.01% from the current stock price of 1.36.
Analyst Consensus: Buy
* Price targets were last updated on Mar 20, 2024.
Analyst Ratings
The average analyst rating for Precigen stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Mar 22, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +933.21% | Mar 20, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +342.80% | Mar 20, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +342.80% | Aug 10, 2023 |
| JMP Securities | JMP Securities | Buy Reiterates $14 | Buy | Reiterates | $14 | +933.21% | Jun 5, 2023 |
Financial Forecast
Revenue This Year
5.63M
from 6.23M
Decreased by -9.56%
Revenue Next Year
39.22M
from 5.63M
Increased by 596.55%
EPS This Year
-0.34
from -0.39
EPS Next Year
-0.27
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5M | 110.2M | 358.9M | 375.6M | 542.8M |
| Avg | 5.6M | 39.2M | 284.3M | 347.6M | 506.5M |
| Low | n/a | 6.9M | 211.4M | 317.3M | 466.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 68.7% | 1,857.0% | 815.2% | 32.1% | 56.2% |
| Avg | -9.6% | 596.6% | 625.0% | 22.2% | 45.7% |
| Low | - | 21.8% | 439.0% | 11.6% | 34.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.28 | -0.14 | 0.54 | 0.40 | 0.80 |
| Avg | -0.34 | -0.27 | 0.30 | 0.39 | 0.78 |
| Low | -0.36 | -0.41 | 0.08 | 0.37 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 32.6% | 105.9% |
| Avg | - | - | - | 28.8% | 100.0% |
| Low | - | - | - | 23.8% | 92.2% |
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.