Bio-Techne Corporation (TECH)
NASDAQ: TECH · Real-Time Price · USD
70.74
+0.36 (0.51%)
At close: Oct 29, 2024, 4:00 PM
71.49
+0.75 (1.06%)
After-hours: Oct 29, 2024, 5:10 PM EDT

Bio-Techne Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Bio-Techne stock have an average target of 80.67, with a low estimate of 65 and a high estimate of 95. The average target predicts an increase of 14.04% from the current stock price of 70.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $80.67 $82 $95
Change -8.11% +14.04% +15.92% +34.29%
* Price targets were last updated on Aug 13, 2024.

Analyst Ratings

The average analyst rating for Bio-Techne 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 333333
Buy 444443
Hold 333333
Sell 000000
Strong Sell 000000
Total 10101010109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$95
Strong Buy Reiterates $95 +34.29% Aug 13, 2024
RBC Capital
RBC Capital
Hold
Maintains
$72$70
Hold Maintains $72$70 -1.05% Aug 8, 2024
Baird
Baird
Buy
Maintains
$81$82
Buy Maintains $81$82 +15.92% Aug 8, 2024
Citigroup
Citigroup
Hold
Downgrades
$85
Hold Downgrades $85 +20.16% May 22, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$95
Strong Buy Reiterates $95 +34.29% May 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.24B
from 1.16B
Increased by 6.90%
Revenue Next Year
1.36B
from 1.24B
Increased by 9.69%
EPS This Year
1.93
from 1.05
Increased by 83.81%
EPS Next Year
2.24
from 1.93
Increased by 15.93%
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
738.69M931.03M1.11B1.14B1.16B1.24B1.36B1.50B
Revenue Growth
3.46%26.04%18.75%2.81%1.97%6.90%9.69%10.67%
EPS
1.460.871.661.761.051.932.242.58
EPS Growth
135.63%-40.21%90.80%6.02%-40.34%83.81%15.93%15.33%
Forward PE
-----36.6531.6227.41
No. Analysts -----18168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
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 2025202620272028
High
11.3%
15.0%
17.4%
Avg
6.9%
9.7%
10.7%
Low
0.7%
2.3%
4.3%

EPS Forecast

EPS 2025202620272028
High 2.36 2.51 2.92
Avg 1.93 2.24 2.58
Low 1.71 1.92 2.30

EPS Growth

EPS Growth 2025202620272028
High
125.0%
30.0%
30.5%
Avg
83.8%
15.9%
15.3%
Low
62.4%
-0.5%
2.9%
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.