SomaLogic, Inc. (SLGC)
NASDAQ: SLGC · IEX Real-Time Price · USD
2.73
+0.02 (0.74%)
At close: Nov 27, 2023, 4:00 PM
2.71
-0.02 (-0.73%)
After-hours: Nov 27, 2023, 5:07 PM EST
SomaLogic Stock Forecast
Stock Price Forecast
According to 4 stock analysts, the average 12-month stock price forecast for SomaLogic stock is $4.70, which predicts an increase of 72.16%. The lowest target is $2.30 and the highest is $7.00. On average, analysts rate SomaLogic stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Oct 5, 2023.
Analyst Ratings
The average analyst rating for SomaLogic stock from 4 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 '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $4 → $2 | Strong Buy → Hold | Downgrades | $4 → $2 | -15.75% | Oct 5, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | -8.42% | Sep 25, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +156.41% | Mar 29, 2023 |
| Stifel | Stifel | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +156.41% | Mar 29, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +83.15% | Mar 29, 2023 |
Financial Forecast
Revenue This Year
83.57M
from 97.67M
Decreased by -14.43%
Revenue Next Year
99.26M
from 83.57M
Increased by 18.77%
EPS This Year
-0.67
from -0.59
EPS Next Year
-0.61
from -0.67
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 86.8M | 107.3M | 125.5M | 144.5M | 172.2M |
| Avg | 83.6M | 99.3M | 119.1M | 139.2M | 167.3M |
| Low | 79.4M | 92.3M | 109.7M | 132.7M | 160.7M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -11.1% | 28.4% | 26.4% | 21.3% | 23.7% |
| Avg | -14.4% | 18.8% | 20.0% | 16.9% | 20.1% |
| Low | -18.7% | 10.5% | 10.5% | 11.4% | 15.4% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -0.64 | -0.43 | -0.28 | -0.53 | -0.47 |
| Avg | -0.67 | -0.61 | -0.50 | -0.51 | -0.46 |
| Low | -0.72 | -0.74 | -0.61 | -0.49 | -0.44 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
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.