Veralto Corporation (VLTO)
NYSE: VLTO · IEX Real-Time Price · USD
94.35
-1.10 (-1.15%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Veralto Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Veralto stock have an average target of 94.9, with a low estimate of 79 and a high estimate of 104. The average target predicts an increase of 0.58% from the current stock price of 94.35.

Analyst Consensus: Buy
Target Low Average Median High
Price $79 $94.9 $98 $104
Change -16.27% +0.58% +3.87% +10.23%

Analyst Ratings

The average analyst rating for Veralto 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 334444
Buy 012222
Hold 444555
Sell 000000
Strong Sell 000000
Total 7810111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Reiterates
$101
Hold Reiterates $101 +7.05% Jun 14, 2024
BMO Capital
BMO Capital
Buy
Maintains
$97$101
Buy Maintains $97$101 +7.05% Apr 25, 2024
Baird
Baird
Hold
Maintains
$90$98
Hold Maintains $90$98 +3.87% Apr 25, 2024
Stifel
Stifel
Strong Buy
Maintains
$92$97
Strong Buy Maintains $92$97 +2.81% Apr 17, 2024
Citigroup
Citigroup
Hold
Maintains
$89$94
Hold Maintains $89$94 -0.37% Apr 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.26B
from 5.02B
Increased by 4.68%
Revenue Next Year
5.52B
from 5.26B
Increased by 5.04%
EPS This Year
3.41
from 3.40
Increased by 0.19%
EPS Next Year
3.69
from 3.41
Increased by 8.24%
Year 202020212022202320242025202620272028
Revenue
4.35B4.70B4.87B5.02B5.26B5.52B5.79B6.01B6.33B
Revenue Growth
-8.10%3.62%3.10%4.68%5.04%4.91%3.69%5.38%
EPS
-3.503.433.403.413.694.014.244.80
EPS Growth
---2.00%-0.87%0.19%8.24%8.84%5.62%13.36%
Forward PE
----27.7025.5923.5122.2619.64
No. Analysts ----16161143
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.4B 5.8B 6.0B 6.2B 6.5B
Avg 5.3B 5.5B 5.8B 6.0B 6.3B
Low 5.0B 5.2B 5.5B 5.7B 6.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.3%
9.4%
9.2%
7.7%
8.5%
Avg
4.7%
5.0%
4.9%
3.7%
5.4%
Low
-0.3%
-0.6%
-1.0%
-1.2%
1.2%

EPS Forecast

EPS 20242025202620272028
High 3.56 4.01 4.49 4.60 4.95
Avg 3.41 3.69 4.01 4.24 4.80
Low 3.23 3.43 3.65 3.85 4.62

EPS Growth

EPS Growth 20242025202620272028
High
4.7%
17.8%
21.9%
14.6%
16.7%
Avg
0.2%
8.2%
8.8%
5.6%
13.4%
Low
-4.9%
0.7%
-1.1%
-4.0%
8.9%
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.