Qiagen N.V. (QGEN)
NYSE: QGEN · IEX Real-Time Price · USD
39.47
+0.24 (0.61%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Qiagen Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Qiagen stock have an average target of 50.51, with a low estimate of 43.26 and a high estimate of 60. The average target predicts an increase of 27.97% from the current stock price of 39.47.
Analyst Consensus: Buy
* Price targets were last updated on Feb 16, 2024.
Analyst Ratings
The average analyst rating for Qiagen 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 1 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $49 → $51 | Hold → Buy | Upgrades | $49 → $51 | +29.21% | Feb 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +31.75% | Feb 8, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $62 → $60 | Strong Buy | Maintains | $62 → $60 | +52.01% | Feb 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $46 → $52 | Buy | Maintains | $46 → $52 | +30.48% | Dec 20, 2023 |
| Wells Fargo | Wells Fargo | Hold Initiates $45 | Hold | Initiates | $45 | +14.82% | Dec 19, 2023 |
Financial Forecast
Revenue This Year
2.05B
from 1.97B
Increased by 4.36%
Revenue Next Year
2.19B
from 2.05B
Increased by 6.68%
EPS This Year
2.16
from 1.50
Increased by 43.79%
EPS Next Year
2.35
from 2.16
Increased by 9.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.3B | 2.5B | 3.1B | 3.3B |
| Avg | 2.1B | 2.2B | 2.3B | 2.7B | 3.2B |
| Low | 2.0B | 2.1B | 2.2B | 2.4B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 13.8% | 15.0% | 33.5% | 19.7% |
| Avg | 4.4% | 6.7% | 6.9% | 16.4% | 16.3% |
| Low | -0.3% | 0.8% | -0.1% | 2.7% | 11.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.34 | 2.60 | 2.89 | 3.32 | 3.03 |
| Avg | 2.16 | 2.35 | 2.59 | 2.97 | 2.95 |
| Low | 1.98 | 2.17 | 2.37 | 2.58 | 2.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.9% | 20.7% | 22.7% | 28.3% | 2.1% |
| Avg | 43.8% | 9.1% | 9.9% | 14.9% | -0.8% |
| Low | 32.0% | 0.4% | 0.8% | -0.4% | -4.7% |
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.