QuidelOrtho Corporation (QDEL)
NASDAQ: QDEL · IEX Real-Time Price · USD
34.69
+1.49 (4.49%)
At close: Jul 19, 2024, 4:00 PM
34.70
+0.01 (0.03%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
QuidelOrtho Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for QuidelOrtho stock have an average target of 59, with a low estimate of 37 and a high estimate of 76. The average target predicts an increase of 70.08% from the current stock price of 34.69.
Analyst Consensus: Hold
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for QuidelOrtho stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $81 → $68 | Buy | Maintains | $81 → $68 | +96.02% | May 9, 2024 |
| UBS | UBS | Hold → Strong Sell Downgrades $70 → $42 | Hold → Strong Sell | Downgrades | $70 → $42 | +21.07% | Mar 4, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $130 → $81 | Buy | Maintains | $130 → $81 | +133.50% | Feb 14, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $100 → $76 | Strong Buy → Buy | Downgrades | $100 → $76 | +119.08% | Feb 14, 2024 |
Financial Forecast
Revenue This Year
3.03B
from 3.00B
Increased by 0.97%
Revenue Next Year
2.79B
from 3.03B
Decreased by -7.96%
EPS This Year
6.25
from -0.15
EPS Next Year
2.07
from 6.25
Decreased by -66.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.2B | 3.2B |
| Avg | 2.8B | 3.1B | 3.0B |
| Low | 2.6B | 3.0B | 2.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.2% | 15.6% | 0.7% |
| Avg | -7.1% | 12.3% | -3.7% |
| Low | -13.0% | 8.0% | -9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.69 | 7.55 | 4.57 |
| Avg | 2.07 | 7.20 | 4.22 |
| Low | 1.62 | 6.78 | 3.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 264.9% | -36.5% |
| Avg | - | 247.8% | -41.4% |
| Low | - | 227.8% | -50.1% |
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.