TARO Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TARO stock has a target of 43, which predicts an increase of 1.90% from the current stock price of 42.20.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$43	$43	$43	$43
Change	+1.90%	+1.90%	+1.90%	+1.90%

* Price targets were last updated on Jan 18, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for TARO is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy → Hold Downgrades $43	Strong Buy → Hold	Downgrades	$43	+1.90%	Jan 18, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $54 → $35	Strong Buy	Maintains	$54 → $35	-17.06%	Jan 25, 2023
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $73 → $54	Strong Buy	Maintains	$73 → $54	+27.96%	Aug 15, 2022
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $75 → $73	Strong Buy	Maintains	$75 → $73	+72.99%	Jan 31, 2022
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $82 → $75	Strong Buy	Maintains	$82 → $75	+77.73%	Jan 18, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

630.43M

from 572.95M

10.03%

from 572.95M

Revenue Next Year

n/a

from 630.43M

EPS This Year

1.12

from 0.68

65.00%

from 0.68

EPS Next Year

n/a

from 1.12

Year	2018	2019	2020	2021	2022	2023
Revenue	669.89M	644.77M	548.97M	561.35M	572.95M	630.43M
Revenue Growth	1.21%	-3.75%	-14.86%	2.25%	2.07%	10.03%
EPS	7.23	6.35	-10.12	1.55	0.68	1.12
EPS Growth	37.45%	-12.17%	-	-	-56.13%	65.00%
No. Analysts	-	-	-	-	-	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023
High	649.0M
Avg	630.4M
Low	605.7M

Revenue Growth

Revenue Growth	2023
High	13.3%
Avg	10.0%
Low	5.7%

EPS Forecast

EPS	2023
High	1.16
Avg	1.12
Low	1.08

EPS Growth

EPS Growth	2023
High	69.9%
Avg	65.0%
Low	58.5%

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.