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
* 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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 9 |
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 | Strong Buy → Hold Downgrades $85 | Strong Buy → Hold | Downgrades | $85 | +20.16% | May 22, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $95 | Strong Buy | Reiterates | $95 | +34.29% | May 2, 2024 |
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%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.3% | 15.0% | 17.4% | |
| Avg | 6.9% | 9.7% | 10.7% | |
| Low | 0.7% | 2.3% | 4.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| 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.