Bio-Techne Corporation (TECH)
NASDAQ: TECH · Real-Time Price · USD
73.17
+1.78 (2.49%)
Dec 20, 2024, 4:00 PM EST - Market closed

Bio-Techne Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Bio-Techne stock have an average target of 82, with a low estimate of 65 and a high estimate of 95. The average target predicts an increase of 12.07% from the current stock price of 73.17.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $82 $85 $95
Change -11.17% +12.07% +16.17% +29.83%
* Price targets were last updated on Oct 31, 2024.

Analyst Ratings

The average analyst rating for Bio-Techne 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 333332
Buy 444443
Hold 333333
Sell 000000
Strong Sell 000000
Total 10101010108

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$83$88
Buy Maintains $83$88 +20.27% Oct 31, 2024
Baird
Baird
Buy
Maintains
$82$84
Buy Maintains $82$84 +14.80% Oct 31, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$95
Strong Buy Reiterates $95 +29.83% Aug 13, 2024
RBC Capital
RBC Capital
Hold
Maintains
$72$70
Hold Maintains $72$70 -4.33% Aug 8, 2024
Baird
Baird
Buy
Maintains
$81$82
Buy Maintains $81$82 +12.07% Aug 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.25B
from 1.16B
Increased by 7.67%
Revenue Next Year
1.37B
from 1.25B
Increased by 9.38%
EPS This Year
1.95
from 1.05
Increased by 85.91%
EPS Next Year
2.24
from 1.95
Increased by 14.67%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
738.69M931.03M1.11B1.14B1.16B1.25B1.37B1.52B
Revenue Growth
3.46%26.04%18.75%2.81%1.97%7.67%9.38%11.14%
EPS
1.460.871.661.761.051.952.242.59
EPS Growth
135.63%-40.21%90.80%6.02%-40.34%85.91%14.67%15.64%
Forward PE
-----37.4832.6928.27
No. Analysts -----18168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 1.3B 1.4B 1.6B
Avg 1.2B 1.4B 1.5B
Low 1.2B 1.3B 1.4B

Revenue Growth

Revenue Growth 20252026202720282029
High
12.4%
15.1%
18.5%
Avg
7.7%
9.4%
11.1%
Low
2.5%
1.9%
4.0%

EPS Forecast

EPS 20252026202720282029
High 2.36 2.52 2.93
Avg 1.95 2.24 2.59
Low 1.74 1.95 2.33

EPS Growth

EPS Growth 20252026202720282029
High
125.0%
29.1%
30.9%
Avg
85.9%
14.7%
15.6%
Low
66.1%
-0.1%
4.2%
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.