Zoetis Inc. (ZTS)
NYSE: ZTS · IEX Real-Time Price · USD
169.21
+0.70 (0.42%)
At close: Mar 28, 2024, 4:00 PM
169.47
+0.26 (0.15%)
After-hours: Mar 28, 2024, 7:53 PM EDT

Zoetis Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Zoetis stock have an average target of 226.57, with a low estimate of 195 and a high estimate of 260. The average target predicts an increase of 33.90% from the current stock price of 169.21.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $195 $226.57 $226 $260
Change +15.24% +33.90% +33.56% +53.66%
* Price targets were last updated on Feb 20, 2024.

Analyst Ratings

The average analyst rating for Zoetis stock from 7 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 434444
Buy 443333
Hold 000000
Sell 000000
Strong Sell 000000
Total 877777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$215$220
Buy Maintains $215$220 +30.02% Feb 20, 2024
Barclays
Barclays
Buy
Maintains
$255$260
Buy Maintains $255$260 +53.66% Feb 14, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$190$226
Strong Buy Maintains $190$226 +33.56% Jan 17, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$230
Strong Buy Initiates $230 +35.93% Dec 19, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$210$215
Buy Maintains $210$215 +27.06% Nov 6, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
9.28B
from 8.54B
Increased by 8.60%
Revenue Next Year
9.94B
from 9.28B
Increased by 7.10%
EPS This Year
5.86
from 5.07
Increased by 15.52%
EPS Next Year
6.54
from 5.86
Increased by 11.72%
Year 2019202020212022202320242025202620272028
Revenue
6.26B6.68B7.78B8.08B8.54B9.28B9.94B10.59B11.31B11.83B
Revenue Growth
7.47%6.63%16.49%3.91%5.74%8.60%7.10%6.53%6.81%4.63%
EPS
3.113.424.274.495.075.866.547.238.388.48
EPS Growth
6.14%9.97%24.85%5.15%12.92%15.52%11.72%10.52%15.82%1.29%
No. Analysts -----19181242
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.8B 10.7B 11.6B 12.8B 12.3B
Avg 9.3B 9.9B 10.6B 11.3B 11.8B
Low 8.9B 9.4B 10.0B 10.2B 11.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
14.6%
15.0%
17.1%
21.2%
8.8%
Avg
8.6%
7.1%
6.5%
6.8%
4.6%
Low
4.7%
1.4%
0.5%
-3.4%
1.5%

EPS Forecast

EPS 20242025202620272028
High 6.34 7.34 8.31 9.74 8.82
Avg 5.86 6.54 7.23 8.38 8.48
Low 5.55 6.05 6.53 7.55 8.23

EPS Growth

EPS Growth 20242025202620272028
High
25.1%
25.3%
27.0%
34.7%
5.3%
Avg
15.5%
11.7%
10.5%
15.8%
1.3%
Low
9.4%
3.2%
-0.3%
4.3%
-1.7%
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.