Premier, Inc. (PINC)
NASDAQ: PINC · IEX Real-Time Price · USD
22.10
+0.30 (1.38%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Premier Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Premier stock have an average target of 27.39, with a low estimate of 21 and a high estimate of 43. The average target predicts an increase of 23.94% from the current stock price of 22.10.

Analyst Consensus: Buy
Target Low Average Median High
Price $21 $27.39 $25 $43
Change -4.98% +23.94% +13.12% +94.57%
* Price targets were last updated on Feb 26, 2024.

Analyst Ratings

The average analyst rating for Premier stock from 10 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 222211
Hold 777777
Sell 111100
Strong Sell 000000
Total 121212121010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Leerink Partners
Leerink Partners
Hold
Initiates
$23
Hold Initiates $23 +1.81% Feb 26, 2024
JP Morgan
JP Morgan
Hold
Maintains
$26$21
Hold Maintains $26$21 -4.98% Nov 13, 2023
Benchmark
Benchmark
Strong Buy
Maintains
$32$30
Strong Buy Maintains $32$30 +35.75% Nov 9, 2023
Baird
Baird
Hold
Maintains
$30$24
Hold Maintains $30$24 +8.60% Aug 24, 2023
Credit Suisse
Credit Suisse
Hold
Maintains
$33$25
Hold Maintains $33$25 +13.12% Aug 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.32B
from 1.34B
Decreased by -0.91%
Revenue Next Year
1.36B
from 1.32B
Increased by 2.34%
EPS This Year
2.19
from 1.46
Increased by 50.20%
EPS Next Year
2.40
from 2.19
Increased by 9.28%
Year 20192020202120222023202420252026
Revenue
1.22B1.30B1.72B1.43B1.34B1.32B1.36B1.40B
Revenue Growth
2.78%6.73%32.44%-16.75%-6.76%-0.91%2.34%3.39%
EPS
-0.152.042.222.191.462.192.402.56
EPS Growth
--8.82%-1.35%-33.33%50.20%9.28%6.93%
No. Analysts -----12117
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.4B 1.4B 1.5B
Avg 1.3B 1.4B 1.4B
Low 1.3B 1.3B 1.3B

Revenue Growth

Revenue Growth 202420252026
High
2.7%
7.6%
10.3%
Avg
-0.9%
2.3%
3.4%
Low
-5.5%
-4.2%
-3.8%

EPS Forecast

EPS 202420252026
High 2.29 2.64 2.94
Avg 2.19 2.40 2.56
Low 2.08 2.21 2.16

EPS Growth

EPS Growth 202420252026
High
56.8%
20.4%
22.7%
Avg
50.2%
9.3%
6.9%
Low
42.3%
1.0%
-10.0%
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.