10x Genomics, Inc. (TXG)
NASDAQ: TXG · IEX Real-Time Price · USD
37.53
+0.64 (1.73%)
At close: Mar 28, 2024, 4:00 PM
37.44
-0.09 (-0.24%)
After-hours: Mar 28, 2024, 7:53 PM EDT

10x Genomics Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for 10x Genomics stock have an average target of 60.3, with a low estimate of 30 and a high estimate of 75. The average target predicts an increase of 60.67% from the current stock price of 37.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $30 $60.3 $65 $75
Change -20.06% +60.67% +73.19% +99.84%
* Price targets were last updated on Feb 16, 2024.

Analyst Ratings

The average analyst rating for 10x Genomics stock from 11 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 445444
Buy 445555
Hold 112211
Sell 000000
Strong Sell 111111
Total 101013121111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$68$63
Strong Buy Maintains $68$63 +67.87% Feb 16, 2024
Barclays
Barclays
Buy
Maintains
$45$55
Buy Maintains $45$55 +46.55% Jan 25, 2024
Guggenheim
Guggenheim
Strong Buy
Initiates
$60
Strong Buy Initiates $60 +59.87% Dec 14, 2023
Wolfe Research
Wolfe Research
Buy
Initiates
n/a
Buy Initiates n/a n/a Dec 13, 2023
B of A Securities
B of A Securities
Hold
Upgrades
$36$54
Hold Upgrades $36$54 +43.88% Dec 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
685.67M
from 618.73M
Increased by 10.82%
Revenue Next Year
803.67M
from 685.67M
Increased by 17.21%
EPS This Year
-1.63
from -2.18
EPS Next Year
-0.95
from -1.63
Year 2019202020212022202320242025202620272028
Revenue
245.89M298.85M490.49M516.41M618.73M685.67M803.67M941.34M1.21B1.40B
Revenue Growth
68.06%21.53%64.13%5.28%19.81%10.82%17.21%17.13%28.12%15.84%
EPS
-0.80-5.37-0.53-1.46-2.18-1.63-0.95-0.192.673.40
EPS Growth
---------27.65%
No. Analysts -----16171222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 719.8M 906.2M 1.1B 1.3B 1.5B
Avg 685.7M 803.7M 941.3M 1.2B 1.4B
Low 658.9M 729.0M 813.4M 1.2B 1.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
16.3%
32.2%
35.9%
33.2%
20.4%
Avg
10.8%
17.2%
17.1%
28.1%
15.8%
Low
6.5%
6.3%
1.2%
24.4%
12.4%

EPS Forecast

EPS 20242025202620272028
High -1.17 -0.35 0.72 2.77 3.54
Avg -1.63 -0.95 -0.19 2.67 3.40
Low -2.25 -1.45 -1.10 2.59 3.30

EPS Growth

EPS Growth 20242025202620272028
High - - - -
32.7%
Avg - - - -
27.7%
Low - - - -
23.9%
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.