Qiagen N.V. (QGEN)
NYSE: QGEN · IEX Real-Time Price · USD
40.70
+0.47 (1.17%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Qiagen Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Qiagen stock have an average target of 50.01, with a low estimate of 43.26 and a high estimate of 60. The average target predicts an increase of 22.87% from the current stock price of 40.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Qiagen stock from 9 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 | 3 | 4 |
| Hold | 3 | 3 | 3 | 3 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades $50 | Hold → Buy | Upgrades | $50 | +22.85% | Jun 27, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $52 → $54 | Buy | Maintains | $52 → $54 | +32.68% | Jun 18, 2024 |
| Stifel | Stifel | Hold Maintains $55 → $45 | Hold | Maintains | $55 → $45 | +10.57% | May 1, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $49 → $51 | Hold → Buy | Upgrades | $49 → $51 | +25.31% | Feb 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +27.76% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
2.04B
from 1.97B
Increased by 4.00%
Revenue Next Year
2.17B
from 2.04B
Increased by 6.31%
EPS This Year
2.15
from 1.50
Increased by 43.16%
EPS Next Year
2.33
from 2.15
Increased by 8.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.3B | 2.5B | 3.1B | 3.3B |
| Avg | 2.0B | 2.2B | 2.3B | 2.6B | 2.7B |
| Low | 1.9B | 2.0B | 2.1B | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 14.2% | 15.4% | 34.8% | 26.9% |
| Avg | 4.0% | 6.3% | 6.6% | 10.8% | 5.6% |
| Low | -1.1% | -0.5% | -1.2% | -0.5% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.34 | 2.60 | 2.81 | 2.96 | 3.22 |
| Avg | 2.15 | 2.33 | 2.57 | 2.80 | 3.07 |
| Low | 1.98 | 2.17 | 2.35 | 2.66 | 2.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.9% | 21.0% | 20.6% | 15.4% | 15.2% |
| Avg | 43.2% | 8.6% | 10.0% | 9.0% | 9.9% |
| Low | 32.0% | 0.9% | 0.8% | 3.5% | 3.0% |
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.