QuidelOrtho Corporation (QDEL)
NASDAQ: QDEL · Real-Time Price · USD
44.84
+1.81 (4.21%)
Dec 20, 2024, 4:00 PM EST - Market closed

QuidelOrtho Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for QuidelOrtho stock have an average target of 53.43, with a low estimate of 37 and a high estimate of 76. The average target predicts an increase of 19.16% from the current stock price of 44.84.

Analyst Consensus: Buy
Target Low Average Median High
Price $37 $53.43 $50 $76
Change -17.48% +19.16% +11.51% +69.49%

Analyst Ratings

The average analyst rating for QuidelOrtho stock from 8 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 001112
Buy 222222
Hold 333333
Sell 111111
Strong Sell 110000
Total 777778

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Upgrades
$44$50
Strong Buy Upgrades $44$50 +11.51% Dec 11, 2024
Jefferies
Jefferies
Hold
Initiates
$43
Hold Initiates $43 -4.10% Dec 10, 2024
UBS
UBS
Hold
Upgrades
$42$50
Hold Upgrades $42$50 +11.51% Sep 19, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Upgrades
$40$57
Strong Buy Upgrades $40$57 +27.12% Sep 5, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$61
Buy Reiterates $61 +36.04% Aug 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.83B
from 3.00B
Decreased by -5.63%
Revenue Next Year
2.84B
from 2.83B
Increased by 0.25%
EPS This Year
1.85
from -0.15
EPS Next Year
2.51
from 1.85
Increased by 36.02%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Jan 3, 2021 Jan 2, 2022 Jan 1, 2023 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
534.89M1.66B1.70B3.27B3.00B2.83B2.84B2.96B
Revenue Growth
2.41%210.66%2.22%92.28%-8.21%-5.63%0.25%4.27%
EPS
1.7318.5916.439.56-0.151.852.513.58
EPS Growth
-6.71%972.11%-11.64%-41.81%--36.02%42.36%
Forward PE
-----24.2617.8312.53
No. Analysts -----10109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.9B 3.0B 3.1B
Avg 2.8B 2.8B 3.0B
Low 2.7B 2.7B 2.8B

Revenue Growth

Revenue Growth 202420252026
High
-2.5%
5.1%
9.8%
Avg
-5.6%
0.2%
4.3%
Low
-9.9%
-4.8%
-2.9%

EPS Forecast

EPS 202420252026
High 1.99 2.88 4.52
Avg 1.85 2.51 3.58
Low 1.68 2.16 2.84

EPS Growth

EPS Growth 202420252026
High -
55.7%
79.6%
Avg -
36.0%
42.4%
Low -
16.6%
13.0%
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.