Progyny, Inc. (PGNY)

Progyny Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Progyny stock have an average target of 20, with a low estimate of 17 and a high estimate of 24. The average target predicts an increase of 38.70% from the current stock price of 14.42.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$17	$20	$21	$24
Change	+17.89%	+38.70%	+45.63%	+66.44%

Analyst Ratings

The average analyst rating for Progyny stock from 9 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	3	1	2	2	2
Buy	3	4	3	2	2	2
Hold	1	1	4	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	8	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sarah James Barclays	Barclays	Buy Maintains $30 → $17	Buy	Maintains	$30 → $17	+17.89%	Nov 14, 2024
Michael Cherny B of A Securities	B of A Securities	Strong Buy Maintains $22 → $21	Strong Buy	Maintains	$22 → $21	+45.63%	Nov 13, 2024
Richard Close Canaccord Genuity	Canaccord Genuity	Hold Maintains $18 → $17	Hold	Maintains	$18 → $17	+17.89%	Nov 13, 2024
Jailendra Singh Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $26 → $19	Strong Buy → Hold	Downgrades	$26 → $19	+31.76%	Nov 13, 2024
Sarah James Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $25	Buy	Reiterates	$25	+73.37%	Oct 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.20B

Increased by 9.77%

from 1.09B

Revenue Next Year

1.22B

Increased by 1.76%

from 1.20B

EPS This Year

0.72

Increased by 16.81%

from 0.62

EPS Next Year

0.77

Increased by 6.89%

from 0.72

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	229.68M	344.86M	500.62M	786.91M	1.09B	1.20B	1.22B	1.42B
Revenue Growth	117.92%	50.15%	45.17%	57.19%	38.34%	9.77%	1.76%	17.02%
EPS	-0.41	0.47	0.66	0.30	0.62	0.72	0.77	1.09
EPS Growth	-	-	40.43%	-54.55%	106.67%	16.81%	6.89%	41.18%
Forward PE	-	-	-	-	-	19.91	18.63	13.19
No. Analysts	-	-	-	-	-	13	13	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.2B	1.3B	1.5B
Avg	1.2B	1.2B	1.4B
Low	1.1B	1.1B	1.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.8%	8.2%	26.7%
Avg	9.8%	1.8%	17.0%
Low	4.9%	-8.2%	0.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.65	1.56	1.80
Avg	0.72	0.77	1.09
Low	0.55	0.56	0.75

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	165.9%	116.0%	132.0%
Avg	16.8%	6.9%	41.2%
Low	-11.5%	-22.9%	-2.5%

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.