QuidelOrtho Corporation (QDEL)
NASDAQ: QDEL · Real-Time Price · USD
37.48
-1.10 (-2.85%)
Nov 20, 2024, 4:00 PM EST - Market closed
QuidelOrtho Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for QuidelOrtho stock have an average target of 58.83, with a low estimate of 37 and a high estimate of 76. The average target predicts an increase of 56.96% from the current stock price of 37.48.
Analyst Consensus: Buy
* Price targets were last updated on Sep 19, 2024.
Analyst Ratings
The average analyst rating for QuidelOrtho stock from 7 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 | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Sell → Hold Upgrades $42 → $50 | Strong Sell → Hold | Upgrades | $42 → $50 | +33.40% | Sep 19, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $40 → $57 | Hold → Strong Buy | Upgrades | $40 → $57 | +52.08% | Sep 5, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $61 | Buy | Reiterates | $61 | +62.75% | Aug 16, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $61 | Buy | Reiterates | $61 | +62.75% | Aug 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $81 → $68 | Buy | Maintains | $81 → $68 | +81.43% | May 9, 2024 |
Financial Forecast
Revenue This Year
2.77B
from 3.00B
Decreased by -7.70%
Revenue Next Year
2.79B
from 2.77B
Increased by 0.80%
EPS This Year
1.77
from -0.15
EPS Next Year
2.99
from 1.77
Increased by 69.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 2.9B | 3.1B |
| Avg | 2.8B | 2.8B | 2.9B |
| Low | 2.6B | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.1% | 6.5% | 11.2% |
| Avg | -7.7% | 0.8% | 5.0% |
| Low | -12.4% | -5.3% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.06 | 3.41 | 4.52 |
| Avg | 1.77 | 2.99 | 3.91 |
| Low | 1.48 | 2.21 | 3.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 93.1% | 50.9% |
| Avg | - | 69.3% | 30.8% |
| Low | - | 25.3% | 5.8% |
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.