Bio-Techne Corporation (TECH)
NASDAQ: TECH · IEX Real-Time Price · USD
63.01
-0.68 (-1.07%)
Apr 24, 2024, 3:10 PM EDT - Market open
Bio-Techne Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bio-Techne stock have an average target of 85.44, with a low estimate of 65 and a high estimate of 120. The average target predicts an increase of 35.60% from the current stock price of 63.01.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Bio-Techne stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 3 | 3 | 4 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $85 → $82 | Strong Buy | Maintains | $85 → $82 | +30.14% | Apr 18, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $65 | Strong Buy → Hold | Downgrades | $65 | +3.16% | Feb 2, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $92 → $87 | Buy | Maintains | $92 → $87 | +38.07% | Feb 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $85 → $75 | Hold | Maintains | $85 → $75 | +19.03% | Feb 2, 2024 |
| UBS | UBS | Strong Buy Initiates $80 | Strong Buy | Initiates | $80 | +26.96% | Dec 7, 2023 |
Financial Forecast
Revenue This Year
1.17B
from 1.14B
Increased by 2.93%
Revenue Next Year
1.27B
from 1.17B
Increased by 8.72%
EPS This Year
1.79
from 1.76
Increased by 1.56%
EPS Next Year
2.05
from 1.79
Increased by 14.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.5B | 1.6B |
| Avg | 1.2B | 1.3B | 1.4B | 1.6B |
| Low | 1.1B | 1.2B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.7% | 14.3% | 17.0% | 15.7% |
| Avg | 2.9% | 8.7% | 10.9% | 12.3% |
| Low | -1.7% | 3.2% | 5.1% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.92 | 2.23 | 2.71 | 3.10 |
| Avg | 1.79 | 2.05 | 2.37 | 3.01 |
| Low | 1.64 | 1.83 | 2.11 | 2.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.2% | 24.5% | 32.0% | 30.6% |
| Avg | 1.6% | 14.8% | 15.4% | 26.9% |
| Low | -7.0% | 2.5% | 2.7% | 21.9% |
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.