Adtalem Global Education (ATGE) Stock Forecast, Price Target & Predictions
ATGE Stock Forecast
Adtalem Global Education stock forecast is as follows: an average price target of $49.80 (represents a -31.65% downside from ATGE’s last price of $72.86) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
ATGE Price Target
The average price target for Adtalem Global Education (ATGE) is $49.80 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $26.00. This represents a potential -31.65% downside from ATGE's last price of $72.86.
ATGE Analyst Ratings
According to 5 Wall Street analysts, Adtalem Global Education's rating consensus is 'Buy'. The analyst rating breakdown for ATGE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Adtalem Global Education Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Peter Appert | Piper Sandler | $84.00 | $70.31 | 19.47% | 15.29% |
| May 03, 2024 | Jeffrey Meuler | Robert W. Baird | $70.00 | $52.40 | 33.59% | -3.93% |
| Jan 09, 2023 | - | Goldman Sachs | $26.00 | $37.35 | -30.39% | -64.32% |
| Dec 16, 2022 | - | Morgan Stanley | $37.00 | $35.99 | 2.81% | -49.22% |
| Nov 17, 2022 | - | Goldman Sachs | $33.00 | $40.05 | -17.60% | -54.71% |
| Nov 17, 2022 | - | Morgan Stanley | $48.00 | $40.85 | 17.50% | -34.12% |
| Nov 17, 2022 | - | Jefferies | $32.00 | $40.85 | -21.66% | -56.08% |
The latest Adtalem Global Education stock forecast, released on Aug 08, 2024 by Peter Appert from Piper Sandler, set a price target of $84.00, which represents a 19.47% increase from the stock price at the time of the forecast ($70.31), and a 15.29% increase from ATGE last price ($72.86).
Adtalem Global Education Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $84.00 | $77.00 |
| Last Closing Price | $72.86 | $72.86 | $72.86 |
| Upside/Downside | -100.00% | 15.29% | 5.68% |
In the current month, the average price target of Adtalem Global Education stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Adtalem Global Education's last price of $72.86. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 08, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 07, 2023 | BMO Capital | - | Outperform | Upgrade |
| Jan 09, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Dec 16, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Nov 17, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Nov 17, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Nov 17, 2022 | Jefferies | Buy | Buy | Hold |
Adtalem Global Education's last stock rating was published by BMO Capital on Aug 08, 2024. The company gave ATGE a "Outperform" rating, the same as its previous rate.
Adtalem Global Education Financial Forecast
Adtalem Global Education Revenue Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $363.88M | $369.08M | $363.30M | $354.56M | - | $365.62M | $371.20M | $348.33M | $280.37M | $280.65M | $283.11M | $268.24M | $259.73M | $271.49M | $266.17M | $254.61M | $330.29M | $308.61M |
| Avg Forecast | $450.10M | $453.70M | $434.30M | $416.50M | $430.79M | $434.17M | $416.26M | $397.48M | $398.64M | $391.68M | $372.79M | $357.30M | $356.89M | $354.47M | $355.14M | $353.41M | $348.90M | $359.10M | $420.70M | $351.18M | $283.43M | $282.82M | $278.47M | $255.63M | $258.52M | $274.08M | $263.74M | $266.41M | $328.62M | $315.36M |
| High Forecast | $452.14M | $455.75M | $436.27M | $418.39M | $432.74M | $436.13M | $418.14M | $398.68M | $400.44M | $393.45M | $372.84M | $360.00M | $358.50M | $356.08M | $356.74M | $355.01M | $348.90M | $360.18M | $421.97M | $352.24M | $284.28M | $283.67M | $279.31M | $256.39M | $259.29M | $274.91M | $264.53M | $267.20M | $329.60M | $316.31M |
| Low Forecast | $448.06M | $451.65M | $432.33M | $414.61M | $428.84M | $432.20M | $414.37M | $396.26M | $396.83M | $389.90M | $372.73M | $353.90M | $355.27M | $352.87M | $353.53M | $351.81M | $348.90M | $357.95M | $419.36M | $350.06M | $282.52M | $281.92M | $277.58M | $254.81M | $257.69M | $273.21M | $262.90M | $265.55M | $327.57M | $314.35M |
| # Analysts | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.02% | 1.00% | - | 1.02% | 0.88% | 0.99% | 0.99% | 0.99% | 1.02% | 1.05% | 1.00% | 0.99% | 1.01% | 0.96% | 1.01% | 0.98% |
Adtalem Global Education's average Quarter revenue forecast for Sep 23 based on 3 analysts is $357.30M, with a low forecast of $353.90M, and a high forecast of $360.00M. ATGE's average Quarter revenue forecast represents a -1.81% decrease compared to the company's last Quarter revenue of $363.88M (Jun 23).
Adtalem Global Education EBITDA Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-210.50M | $62.72M | $96.49M | $97.18M | - | $87.27M | $77.84M | $-3.08M | $61.74M | $65.42M | $58.56M | $56.84M | $-242.73M | $185.54M | $38.86M | $47.13M | $85.19M | $63.87M |
| Avg Forecast | $115.47M | $116.40M | $111.42M | $106.85M | $110.52M | $111.38M | $106.79M | $101.97M | $102.27M | $100.48M | $95.64M | $91.66M | $91.56M | $90.94M | $91.11M | $-3.93M | $88.27M | $90.85M | $94.87M | $-3.58M | $61.74M | $62.58M | $49.82M | $56.22M | $-265.48M | $146.77M | $37.44M | $59.42M | $84.30M | $60.92M |
| High Forecast | $115.99M | $116.92M | $111.92M | $107.34M | $111.02M | $111.89M | $107.27M | $102.28M | $102.73M | $100.94M | $95.65M | $92.36M | $91.97M | $91.35M | $91.52M | $-3.15M | $88.27M | $91.12M | $113.85M | $-2.86M | $74.09M | $75.10M | $59.78M | $67.47M | $-212.39M | $176.12M | $44.93M | $71.30M | $101.16M | $73.11M |
| Low Forecast | $114.95M | $115.87M | $110.91M | $106.37M | $110.02M | $110.88M | $106.31M | $101.66M | $101.81M | $100.03M | $95.62M | $90.79M | $91.14M | $90.53M | $90.70M | $-4.72M | $88.27M | $90.56M | $75.90M | $-4.29M | $49.40M | $50.06M | $39.86M | $44.98M | $-318.58M | $117.41M | $29.95M | $47.54M | $67.44M | $48.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.30% | 0.69% | 1.06% | -24.71% | - | 0.96% | 0.82% | 0.86% | 1.00% | 1.05% | 1.18% | 1.01% | 0.91% | 1.26% | 1.04% | 0.79% | 1.01% | 1.05% |
1 analysts predict ATGE's average Quarter EBITDA for Jun 23 to be $91.56M, with a high of $91.97M and a low of $91.14M. This is 45.99% upper than Adtalem Global Education's previous annual EBITDA (Mar 23) of $62.72M.
Adtalem Global Education Net Income Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $44.29M | $45.87M | $24.14M | $5.85M | - | $5.86M | $-39.70M | $-58.00M | $9.01M | $24.65M | $23.32M | $19.93M | $-256.05M | $150.83M | $5.53M | $14.36M | $49.50M | $37.91M |
| Avg Forecast | $62.91M | $70.63M | $58.28M | $48.63M | $58.92M | $65.74M | $53.26M | $43.74M | $49.46M | $457.12M | $37.95M | $30.88M | $37.57M | $415.57M | $34.09M | $-74.15M | $49.68M | $328.51M | $21.76M | $-67.41M | $9.01M | $23.58M | $19.84M | $19.71M | $-280.06M | $119.31M | $5.32M | $18.11M | $48.98M | $36.16M |
| High Forecast | $63.28M | $71.04M | $58.62M | $48.92M | $59.27M | $66.13M | $53.57M | $44.13M | $49.75M | $548.55M | $38.18M | $31.65M | $37.79M | $498.68M | $34.29M | $-59.32M | $49.68M | $394.21M | $26.11M | $-53.93M | $10.81M | $28.30M | $23.80M | $23.65M | $-224.05M | $143.18M | $6.39M | $21.73M | $58.78M | $43.39M |
| Low Forecast | $62.54M | $70.21M | $57.94M | $48.34M | $58.58M | $65.35M | $52.95M | $42.96M | $49.17M | $365.70M | $37.58M | $30.10M | $37.34M | $332.45M | $33.89M | $-88.98M | $49.68M | $262.81M | $17.41M | $-80.89M | $7.21M | $18.86M | $15.87M | $15.77M | $-336.07M | $95.45M | $4.26M | $14.49M | $39.19M | $28.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.11% | 0.71% | -0.08% | - | 0.02% | -1.82% | 0.86% | 1.00% | 1.05% | 1.18% | 1.01% | 0.91% | 1.26% | 1.04% | 0.79% | 1.01% | 1.05% |
Adtalem Global Education's average Quarter net income forecast for Sep 23 is $30.88M, with a range of $30.10M to $31.65M. ATGE's average Quarter net income forecast represents a -30.29% decrease compared to the company's last Quarter net income of $44.29M (Jun 23).
Adtalem Global Education SG&A Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $433.54M | $144.53M | $140.67M | $148.34M | - | $149.89M | $153.60M | $159.48M | $107.87M | $108.50M | $103.72M | $100.18M | $103.67M | $96.43M | $96.65M | $99.09M | $99.86M | $102.06M |
| Avg Forecast | $176.97M | $178.39M | $170.76M | $163.76M | $169.38M | $170.71M | $163.67M | $156.28M | $156.74M | $195.85M | $146.58M | $140.48M | $140.32M | $178.05M | $139.63M | $203.87M | $131.92M | $140.75M | $187.20M | $185.34M | $107.87M | $103.78M | $88.24M | $99.08M | $113.39M | $76.28M | $93.13M | $124.94M | $98.82M | $97.35M |
| High Forecast | $177.77M | $179.20M | $171.53M | $164.50M | $170.15M | $171.48M | $164.41M | $156.76M | $157.45M | $235.02M | $146.59M | $141.55M | $140.96M | $213.66M | $140.27M | $244.65M | $131.92M | $168.90M | $224.64M | $222.41M | $129.44M | $124.54M | $105.89M | $118.90M | $136.07M | $91.54M | $111.76M | $149.92M | $118.59M | $116.82M |
| Low Forecast | $176.17M | $177.58M | $169.99M | $163.02M | $168.61M | $169.94M | $162.93M | $155.80M | $156.03M | $156.68M | $146.55M | $139.15M | $139.69M | $142.44M | $139.00M | $163.10M | $131.92M | $112.60M | $149.76M | $148.27M | $86.29M | $83.03M | $70.59M | $79.27M | $90.71M | $61.03M | $74.51M | $99.95M | $79.06M | $77.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.09% | 0.81% | 1.01% | 0.73% | - | 1.06% | 0.82% | 0.86% | 1.00% | 1.05% | 1.18% | 1.01% | 0.91% | 1.26% | 1.04% | 0.79% | 1.01% | 1.05% |
Adtalem Global Education's average Quarter SG&A projection for Sep 23 is $140.48M, based on 3 Wall Street analysts, with a range of $139.15M to $141.55M. The forecast indicates a -67.60% fall compared to ATGE last annual SG&A of $433.54M (Jun 23).
Adtalem Global Education EPS Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.99 | $1.02 | $0.53 | $0.13 | - | $0.12 | $-0.80 | $-1.17 | $0.18 | $0.49 | $0.45 | $0.38 | $-4.90 | $2.85 | $0.10 | $0.26 | $0.88 | $0.65 |
| Avg Forecast | $1.63 | $1.83 | $1.51 | $1.26 | $1.53 | $1.70 | $1.38 | $1.13 | $1.28 | $1.16 | $0.98 | $0.80 | $0.97 | $0.91 | $0.88 | $0.75 | $1.25 | $0.82 | $0.96 | $0.74 | $0.70 | $0.69 | $0.67 | $0.38 | $0.64 | $0.67 | $0.55 | $0.37 | $0.96 | $0.65 |
| High Forecast | $1.64 | $1.84 | $1.52 | $1.27 | $1.54 | $1.71 | $1.39 | $1.14 | $1.29 | $1.16 | $0.99 | $0.82 | $0.98 | $0.92 | $0.89 | $0.76 | $1.25 | $0.83 | $0.97 | $0.74 | $0.70 | $0.69 | $0.67 | $0.38 | $0.65 | $0.67 | $0.55 | $0.37 | $0.97 | $0.65 |
| Low Forecast | $1.62 | $1.82 | $1.50 | $1.25 | $1.52 | $1.69 | $1.37 | $1.11 | $1.27 | $1.15 | $0.97 | $0.78 | $0.97 | $0.91 | $0.88 | $0.75 | $1.25 | $0.82 | $0.96 | $0.73 | $0.70 | $0.69 | $0.67 | $0.38 | $0.64 | $0.66 | $0.55 | $0.37 | $0.96 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.12% | 0.60% | 0.17% | - | 0.15% | -0.83% | -1.59% | 0.26% | 0.71% | 0.67% | 1.00% | -7.63% | 4.27% | 0.18% | 0.70% | 0.91% | 1.00% |
According to 3 Wall Street analysts, Adtalem Global Education's projected average Quarter EPS for Sep 23 is $0.80, with a low estimate of $0.78 and a high estimate of $0.82. This represents a -19.19% decrease compared to ATGE previous annual EPS of $0.99 (Jun 23).
Adtalem Global Education Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| STRA | Strategic Education | $94.13 | $127.50 | 35.45% | Buy |
| LINC | Lincoln Educational Services | $12.41 | $14.67 | 18.21% | Buy |
| LOPE | Grand Canyon Education | $143.13 | $166.00 | 15.98% | Buy |
| AFYA | Afya | $16.25 | $18.50 | 13.85% | Hold |
| APEI | American Public Education | $15.67 | $15.50 | -1.08% | Buy |
| ATGE | Adtalem Global Education | $72.86 | $49.80 | -31.65% | Buy |
ATGE Forecast FAQ
Is Adtalem Global Education a good buy?
Yes, according to 5 Wall Street analysts, Adtalem Global Education (ATGE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of ATGE's total ratings.
What is ATGE's price target?
Adtalem Global Education (ATGE) average price target is $49.8 with a range of $26 to $84, implying a -31.65% from its last price of $72.86. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Adtalem Global Education stock go up soon?
According to Wall Street analysts' prediction for ATGE stock, the company can go down by -31.65% (from the last price of $72.86 to the average price target of $49.8), up by 15.29% based on the highest stock price target, and down by -64.32% based on the lowest stock price target.
Can Adtalem Global Education stock reach $110?
ATGE's average twelve months analyst stock price target of $49.8 does not support the claim that Adtalem Global Education can reach $110 in the near future.
What are Adtalem Global Education's analysts' financial forecasts?
Adtalem Global Education's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $1.68B (high $1.69B, low $1.67B), average EBITDA is $430.66M (high $432.46M, low $428.86M), average net income is $221.66M (high $223.1M, low $219.84M), average SG&A $660.04M (high $662.79M, low $657.28M), and average EPS is $5.74 (high $5.78, low $5.7). ATGE's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.75B (high $1.76B, low $1.75B), average EBITDA is $450.14M (high $452.17M, low $448.1M), average net income is $240.45M (high $241.86M, low $239.03M), average SG&A $689.88M (high $693.01M, low $686.76M), and average EPS is $6.23 (high $6.27, low $6.19).
Did the ATGE's actual financial results beat the analysts' financial forecasts?
Based on Adtalem Global Education's last annual report (Jun 2023), the company's revenue was $1.45B, which missed the average analysts forecast of $1.77B by -17.98%. Apple's EBITDA was $168.17M, missing the average prediction of $357.94M by -53.02%. The company's net income was $93.36M, missing the average estimation of $462.75M by -79.83%. Apple's SG&A was $0, missing the average forecast of $793.8M by -100.00%. Lastly, the company's EPS was $2.08, missing the average prediction of $4.78 by -56.45%. In terms of the last quarterly report (Jun 2023), Adtalem Global Education's revenue was $363.88M, beating the average analysts' forecast of $356.89M by 1.96%. The company's EBITDA was $-210M, missing the average prediction of $91.56M by -329.91%. Adtalem Global Education's net income was $44.29M, beating the average estimation of $37.57M by 17.91%. The company's SG&A was $433.54M, beating the average forecast of $140.32M by 208.96%. Lastly, the company's EPS was $0.99, beating the average prediction of $0.973 by 1.71%