Progyny, Inc. (PGNY)
NASDAQ: PGNY · IEX Real-Time Price · USD
28.33
-0.05 (-0.18%)
At close: Jul 2, 2024, 4:00 PM
28.19
-0.14 (-0.49%)
After-hours: Jul 2, 2024, 7:52 PM EDT
Progyny Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Progyny stock have an average target of 44.83, with a low estimate of 37 and a high estimate of 57. The average target predicts an increase of 58.24% from the current stock price of 28.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for Progyny stock from 7 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 4 | 4 | 4 | 3 | 3 |
| Hold | 1 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $46 → $37 | Strong Buy | Maintains | $46 → $37 | +30.60% | May 17, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $48 | Buy | Reiterates | $48 | +69.43% | May 16, 2024 |
| Barclays | Barclays | Buy Maintains $48 → $30 | Buy | Maintains | $48 → $30 | +5.89% | May 13, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $46 → $37 | Strong Buy | Maintains | $46 → $37 | +30.60% | May 10, 2024 |
| BTIG | BTIG | Strong Buy Maintains $50 → $41 | Strong Buy | Maintains | $50 → $41 | +44.72% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.26B
from 1.09B
Increased by 16.11%
Revenue Next Year
1.47B
from 1.26B
Increased by 16.06%
EPS This Year
0.73
from 0.62
Increased by 18.12%
EPS Next Year
1.08
from 0.73
Increased by 47.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.6B | 1.9B | 2.2B | 2.5B |
| Avg | 1.3B | 1.5B | 1.7B | 2.0B | 2.4B |
| Low | 1.2B | 1.3B | 1.6B | 1.8B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.0% | 23.6% | 26.8% | 27.0% | 25.2% |
| Avg | 16.1% | 16.1% | 16.5% | 17.0% | 21.7% |
| Low | 10.7% | 5.8% | 9.3% | 6.3% | 16.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.84 | 1.98 | 1.37 | 3.02 | 3.53 |
| Avg | 0.73 | 1.08 | 1.13 | 2.69 | 3.43 |
| Low | 0.61 | 0.74 | 0.81 | 2.34 | 3.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.5% | 171.0% | 26.8% | 167.1% | 31.3% |
| Avg | 18.1% | 47.0% | 5.2% | 137.4% | 27.5% |
| Low | -2.0% | 0.4% | -24.5% | 106.9% | 22.5% |
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.