Accolade (ACCD) Stock Forecast, Price Target & Predictions


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ACCD Stock Forecast


Accolade stock forecast is as follows: an average price target of $14.81 (represents a 370.16% upside from ACCD’s last price of $3.15) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

ACCD Price Target


The average price target for Accolade (ACCD) is $14.81 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $52.00 to $5.00. This represents a potential 370.16% upside from ACCD's last price of $3.15.

ACCD Analyst Ratings


Buy

According to 16 Wall Street analysts, Accolade's rating consensus is 'Buy'. The analyst rating breakdown for ACCD stock is 0 'Strong Buy' (0.00%), 10 'Buy' (62.50%), 6 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Accolade Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 28, 2024David GrossmanStifel Nicolaus$8.00$3.58123.46%153.97%
Jun 28, 2024Richard CloseCanaccord Genuity$13.00$6.39103.44%312.70%
Jun 28, 2024Ryan MacDonaldNeedham$8.00$6.3925.20%153.97%
Jun 28, 2024Jailendra SinghTruist Financial$9.00$6.3940.85%185.71%
Jun 28, 2024Stephanie DavisBarclays$5.50$6.39-13.93%74.60%
Jun 28, 2024Gil LuriaD.A. Davidson$5.00$6.39-21.75%58.73%
Apr 30, 2024Stan BerenshteynWells Fargo$10.00$8.1922.10%217.46%
Oct 04, 2023Ricky GoldwasserMorgan Stanley$14.00$10.0339.58%344.44%
Jun 30, 2023Ryan MacDonaldNeedham$17.00$13.6124.91%439.68%
Jun 30, 2023Ryan MacDonaldNeedham$14.27$12.6412.90%353.02%
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The latest Accolade stock forecast, released on Jun 28, 2024 by David Grossman from Stifel Nicolaus, set a price target of $8.00, which represents a 123.46% increase from the stock price at the time of the forecast ($3.58), and a 153.97% increase from ACCD last price ($3.15).

Accolade Price Target by Period


1M3M12M
# Anlaysts--7
Avg Price Target--$8.36
Last Closing Price$3.15$3.15$3.15
Upside/Downside-100.00%-100.00%165.40%

In the current month, the average price target of Accolade stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Accolade's last price of $3.15. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 09, 2024StephensBuyBuyHold
Oct 04, 2024NeedhamBuyBuyHold
Oct 04, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 04, 2024Raymond JamesOutperformOutperformHold
Jun 28, 2024Canaccord GenuityBuyBuyHold
Jun 28, 2024NeedhamBuyBuyHold
Jun 28, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 30, 2024Wells FargoEqual-WeightEqual-WeightHold
Feb 26, 2024Raymond JamesUnderperformUnderperformHold
Feb 26, 2024Wells FargoBuyBuyHold
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Accolade's last stock rating was published by Stephens on Oct 09, 2024. The company gave ACCD a "Buy" rating, the same as its previous rate.

Accolade Financial Forecast


Accolade Revenue Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20
Revenue--------------$96.86M$93.23M--$87.64M$85.53M--$73.29M$59.53M--$36.79M$35.89M
Avg Forecast$174.46M$136.69M$133.68M$136.88M$160.37M$121.94M$120.52M$121.70M$142.39M$106.00M$104.87M$105.95M$123.91M$96.16M$94.09M$90.82M$99.44M$87.53M$82.86M$81.98M$91.58M$75.89M$70.37M$55.67M$56.64M$36.25M$34.62M$34.14M
High Forecast$177.47M$139.05M$135.98M$139.24M$163.13M$124.04M$122.60M$123.80M$145.27M$106.80M$104.95M$106.32M$123.91M$96.64M$95.71M$92.39M$101.16M$89.04M$84.54M$83.64M$93.44M$77.43M$71.80M$56.80M$57.79M$36.99M$35.33M$34.83M
Low Forecast$169.49M$132.80M$129.87M$132.98M$155.81M$118.47M$117.09M$118.24M$136.98M$105.37M$104.78M$105.59M$123.91M$95.39M$91.41M$88.24M$96.61M$85.04M$80.91M$80.05M$89.42M$74.10M$68.71M$54.36M$55.30M$35.40M$33.81M$33.33M
# Analysts56444437994591055844475558555
Surprise %--------------1.03%1.03%--1.06%1.04%--1.04%1.07%--1.06%1.05%

Accolade's average Quarter revenue forecast for Dec 23 based on 10 analysts is $96.16M, with a low forecast of $95.39M, and a high forecast of $96.64M. ACCD's average Quarter revenue forecast represents a -0.72% decrease compared to the company's last Quarter revenue of $96.86M (Aug 23).

Accolade EBITDA Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20
# Analysts56444437994591055844475558555
EBITDA--------------$-20.38M$-25.94M--$-34.47M$-34.81M--$-63.41M$-39.37M--$-10.96M$-10.71M
Avg Forecast$-20.68M$-16.20M$-15.85M$-16.23M$-19.01M$-14.45M$-14.29M$-14.43M$-16.88M$-12.56M$-12.43M$-12.56M$-14.20M$-11.40M$-11.15M$-10.77M$-12.91M$-10.38M$-9.82M$-9.72M$-11.73M$-9.00M$-8.34M$-25.75M$-6.71M$-4.30M$-9.04M$-4.05M
High Forecast$-20.09M$-15.74M$-15.40M$-15.76M$-18.47M$-14.04M$-13.88M$-14.02M$-16.24M$-12.49M$-12.42M$-12.52M$-11.36M$-11.31M$-10.84M$-10.46M$-10.32M$-10.08M$-9.59M$-9.49M$-9.39M$-8.78M$-8.15M$-20.60M$-6.56M$-4.20M$-7.23M$-3.95M
Low Forecast$-21.04M$-16.48M$-16.12M$-16.51M$-19.34M$-14.70M$-14.53M$-14.68M$-17.22M$-12.66M$-12.44M$-12.60M$-17.04M$-11.46M$-11.35M$-10.95M$-15.49M$-10.56M$-10.02M$-9.91M$-14.08M$-9.18M$-8.51M$-30.90M$-6.85M$-4.38M$-10.85M$-4.13M
Surprise %--------------1.83%2.41%--3.51%3.58%--7.60%1.53%--1.21%2.65%

undefined analysts predict ACCD's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Accolade's previous annual EBITDA (undefined) of $NaN.

Accolade Net Income Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20
# Analysts56444437994591055844475558555
Net Income--------------$-32.83M$-38.23M--$-46.52M$-342.82M--$-62.36M$-48.71M--$-15.37M$-13.96M
Avg Forecast$6.14M$-19.48M$-22.15M$-25.62M$6.91M$-22.42M$-23.72M$-26.12M$2.96M$-26.42M$-35.49M$-38.43M$-26.83M$-35.80M$-43.18M$-49.44M$-24.39M$53.89M$-57.56M$-59.10M$-22.17M$-62.30M$-47.15M$-31.86M$-7.34M$-26.69M$-12.68M$-29.43M
High Forecast$6.28M$-18.76M$-21.33M$-24.68M$7.06M$-21.59M$-22.84M$-25.16M$7.10M$-22.16M$-34.18M$-37.01M$-21.46M$-28.80M$-41.59M$-47.61M$-19.51M$64.67M$-55.80M$-57.29M$-17.74M$-60.39M$-45.71M$-25.49M$-7.12M$-25.87M$-10.14M$-28.53M
Low Forecast$5.91M$-19.92M$-22.65M$-26.20M$6.65M$-22.92M$-24.25M$-26.71M$-1.77M$-29.83M$-36.28M$-39.30M$-32.20M$-40.47M$-44.15M$-50.55M$-29.27M$43.11M$-59.08M$-60.66M$-26.61M$-63.94M$-48.40M$-38.23M$-7.53M$-27.40M$-15.22M$-30.20M
Surprise %--------------0.76%0.77%--0.81%5.80%--1.32%1.53%--1.21%0.47%

Accolade's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ACCD's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Accolade SG&A Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20
# Analysts56444437994591055844475558555
SG&A--------------$40.34M$41.11M--$45.96M$45.85M--$50.18M$46.97M--$14.33M$12.98M
Avg Forecast$79.74M$62.48M$61.10M$62.56M$73.30M$55.73M$55.08M$55.63M$65.08M$48.45M$47.93M$48.43M$41.23M$43.95M$43.00M$41.51M$37.48M$40.01M$37.87M$37.47M$34.07M$34.69M$32.16M$30.72M$25.89M$16.57M$11.83M$15.60M
High Forecast$81.11M$63.55M$62.15M$63.64M$74.56M$56.69M$56.04M$56.59M$66.40M$48.81M$47.97M$48.60M$49.47M$44.17M$43.75M$42.23M$44.98M$40.70M$38.64M$38.23M$40.89M$35.39M$32.82M$36.87M$26.41M$16.90M$14.19M$15.92M
Low Forecast$77.47M$60.70M$59.36M$60.78M$71.21M$54.15M$53.52M$54.04M$62.61M$48.16M$47.89M$48.26M$32.98M$43.60M$41.78M$40.33M$29.98M$38.87M$36.98M$36.59M$27.26M$33.87M$31.41M$24.58M$25.28M$16.18M$9.46M$15.24M
Surprise %--------------0.94%0.99%--1.21%1.22%--1.56%1.53%--1.21%0.83%

Accolade's average Quarter SG&A projection for Dec 23 is $43.95M, based on 10 Wall Street analysts, with a range of $43.60M to $44.17M. The forecast indicates a 8.97% rise compared to ACCD last annual SG&A of $40.34M (Aug 23).

Accolade EPS Forecast

Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Mar 22Dec 21Aug 21May 21Mar 21Dec 20Aug 20May 20
# Analysts56444437994591055844475558555
EPS--------------$-0.43$-0.52--$-0.66$-4.92--$-0.97$-0.84--$-0.47$-0.30
Avg Forecast$0.08$-0.24$-0.28$-0.32$0.09$-0.28$-0.30$-0.33$0.04$-0.33$-0.44$-0.48$-0.11$-0.45$-0.54$-0.62$-0.41$-0.62$-0.72$-0.74$-0.42$-0.78$-0.59$-0.35$-0.09$-0.33$-0.40$-0.37
High Forecast$0.08$-0.23$-0.27$-0.31$0.09$-0.27$-0.29$-0.31$0.09$-0.28$-0.43$-0.46$-0.11$-0.36$-0.52$-0.59$-0.40$-0.60$-0.70$-0.72$-0.41$-0.75$-0.57$-0.34$-0.09$-0.32$-0.39$-0.36
Low Forecast$0.07$-0.25$-0.28$-0.33$0.08$-0.29$-0.30$-0.33$-0.02$-0.37$-0.45$-0.49$-0.12$-0.51$-0.55$-0.63$-0.42$-0.63$-0.74$-0.76$-0.43$-0.80$-0.60$-0.36$-0.09$-0.34$-0.41$-0.38
Surprise %--------------0.80%0.84%--0.92%6.67%--1.65%2.39%--1.17%0.81%

According to undefined Wall Street analysts, Accolade's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ACCD previous annual EPS of $NaN (undefined).

Accolade Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ACCDAccolade$3.15$14.81370.16%Buy
HCATHealth Catalyst$7.68$29.25280.86%Buy
DHDefinitive Healthcare$4.08$9.50132.84%Hold
CERTCertara$10.25$20.60100.98%Buy
PHRPhreesia$18.46$36.3196.70%Buy
EVHEvolent Health$23.36$43.0084.08%Buy
PRVAPrivia Health Group$19.22$33.8275.96%Buy
PINCPremier$20.01$33.2566.17%Hold
CMAXCareMax$1.97$2.6031.98%Hold
HSTMHealthStream$29.17$29.00-0.58%Buy

ACCD Forecast FAQ


Yes, according to 16 Wall Street analysts, Accolade (ACCD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 62.50% of ACCD's total ratings.

Accolade (ACCD) average price target is $14.81 with a range of $5 to $52, implying a 370.16% from its last price of $3.15. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ACCD stock, the company can go up by 370.16% (from the last price of $3.15 to the average price target of $14.81), up by 1550.79% based on the highest stock price target, and up by 58.73% based on the lowest stock price target.

ACCD's average twelve months analyst stock price target of $14.81 supports the claim that Accolade can reach $5 in the near future.

In terms of the last quarterly report (Aug 2023), Accolade's revenue was $96.86M, beating the average analysts' forecast of $94.09M by 2.95%. The company's EBITDA was $-20.377M, beating the average prediction of $-11.153M by 82.71%. Accolade's net income was $-32.825M, missing the average estimation of $-43.182M by -23.98%. The company's SG&A was $40.34M, missing the average forecast of $43M by -6.20%. Lastly, the company's EPS was $-0.43, missing the average prediction of $-0.539 by -20.27%