Adtalem Global Education (ATGE) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

ATGE Stock Forecast

Adtalem Global Education stock forecast is as follows: an average price target of $89.67 (represents a 2.74% upside from ATGE’s last price of $87.28) 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 $89.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $84.00. This represents a potential 2.74% upside from ATGE's last price of $87.28.

ATGE Analyst Ratings

Buy

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
Oct 30, 2024	Alexander Paris	Barrington	$95.00	$82.70	14.87%	8.85%
Oct 30, 2024	Jeffrey Silber	BMO Capital	$90.00	$79.25	13.56%	3.12%
Aug 08, 2024	Peter Appert	Piper Sandler	$84.00	$70.31	19.47%	-3.76%
May 03, 2024	Jeffrey Meuler	Robert W. Baird	$70.00	$52.40	33.59%	-19.80%
Jan 09, 2023		Goldman Sachs	$26.00	$37.35	-30.39%	-70.21%
Dec 16, 2022		Morgan Stanley	$37.00	$35.99	2.81%	-57.61%
Nov 17, 2022		Goldman Sachs	$33.00	$40.05	-17.60%	-62.19%
Nov 17, 2022		Morgan Stanley	$48.00	$40.85	17.50%	-45.00%
Nov 17, 2022		Jefferies	$32.00	$40.85	-21.66%	-63.34%

The latest Adtalem Global Education stock forecast, released on Oct 30, 2024 by Alexander Paris from Barrington, set a price target of $95.00, which represents a 14.87% increase from the stock price at the time of the forecast ($82.70), and a 8.85% increase from ATGE last price ($87.28).

Adtalem Global Education Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	4
Avg Price Target	-	$92.50	$84.75
Last Closing Price	$87.28	$87.28	$87.28
Upside/Downside	-100.00%	5.98%	-2.90%

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 $87.28. 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
Oct 30, 2024	BMO Capital	Outperform	Outperform	Hold
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 Oct 30, 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	Jun 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	$361.23M	$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	$459.60M	$467.00M	$453.10M	$443.80M	$433.69M	$441.01M	$429.27M	$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	$461.49M	$468.92M	$454.97M	$445.63M	$435.48M	$442.11M	$431.21M	$399.11M	$398.64M	$391.68M	$372.84M	$360.00M	$358.36M	$355.93M	$356.60M	$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
Low Forecast	$458.07M	$465.45M	$451.59M	$442.33M	$432.25M	$439.91M	$427.33M	$396.16M	$398.64M	$391.68M	$372.73M	$353.90M	$355.70M	$353.30M	$353.96M	$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
# Analysts	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13	13	13
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.04%	1.02%	1.00%	1.04%	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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13	13	13
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-210.50M	$62.72M	$96.49M	$97.18M	$65.86M	$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	$105.29M	$106.98M	$103.80M	$101.67M	$99.35M	$101.03M	$98.34M	$91.05M	$91.32M	$89.73M	$85.40M	$81.85M	$81.76M	$81.20M	$104.36M	$90.67M	$89.51M	$92.13M	$107.93M	$90.10M	$72.71M	$62.58M	$71.44M	$65.58M	$66.32M	$146.77M	$67.66M	$68.35M	$84.31M	$60.92M
High Forecast	$105.72M	$107.42M	$104.22M	$102.09M	$99.76M	$101.28M	$98.78M	$91.43M	$91.32M	$89.73M	$85.41M	$82.47M	$82.09M	$81.54M	$125.23M	$90.67M	$89.51M	$92.13M	$107.93M	$90.10M	$72.71M	$75.10M	$71.44M	$65.58M	$66.32M	$176.12M	$67.66M	$68.35M	$84.31M	$73.11M
Low Forecast	$104.94M	$106.63M	$103.45M	$101.33M	$99.02M	$100.77M	$97.89M	$90.75M	$91.32M	$89.73M	$85.39M	$81.07M	$81.48M	$80.93M	$83.49M	$90.67M	$89.51M	$92.13M	$107.93M	$90.10M	$72.71M	$50.06M	$71.44M	$65.58M	$66.32M	$117.41M	$67.66M	$68.35M	$84.31M	$48.74M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.57%	0.77%	0.92%	1.07%	0.74%	0.95%	0.72%	-0.03%	0.85%	1.05%	0.82%	0.87%	-3.66%	1.26%	0.57%	0.69%	1.01%	1.05%

1 analysts predict ATGE's average Quarter EBITDA for Jun 23 to be $81.76M, with a high of $82.09M and a low of $81.48M. This is 30.36% 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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13	13	13
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$44.29M	$45.87M	$24.14M	$5.85M	$2.46M	$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	$69.61M	$75.87M	$60.23M	$56.71M	$59.84M	$66.36M	$53.58M	$44.35M	$50.12M	$457.12M	$38.46M	$31.29M	$38.07M	$415.57M	$23.93M	$29.07M	$48.37M	$328.51M	$37.18M	$28.43M	$27.02M	$23.58M	$25.86M	$14.67M	$24.80M	$119.31M	$21.15M	$14.38M	$37.15M	$36.16M
High Forecast	$69.99M	$76.28M	$60.55M	$57.01M	$60.16M	$67.15M	$53.87M	$44.37M	$51.31M	$548.55M	$38.66M	$32.07M	$38.27M	$498.68M	$28.72M	$29.07M	$50.28M	$394.21M	$37.18M	$28.43M	$27.02M	$28.30M	$25.86M	$14.67M	$24.80M	$143.18M	$21.15M	$14.38M	$37.15M	$43.39M
Low Forecast	$69.31M	$75.54M	$59.97M	$56.46M	$59.58M	$65.17M	$53.19M	$44.33M	$48.92M	$365.70M	$38.08M	$30.51M	$37.90M	$332.45M	$19.15M	$29.07M	$46.47M	$262.81M	$37.18M	$28.43M	$27.02M	$18.86M	$25.86M	$14.67M	$24.80M	$95.45M	$21.15M	$14.38M	$37.15M	$28.92M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.16%	0.11%	1.01%	0.20%	0.05%	0.02%	-1.07%	-2.04%	0.33%	1.05%	0.90%	1.36%	-10.33%	1.26%	0.26%	1.00%	1.33%	1.05%

Adtalem Global Education's average Quarter net income forecast for Sep 23 is $31.29M, with a range of $30.51M to $32.07M. ATGE's average Quarter net income forecast represents a -29.36% 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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13	13	13
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$433.54M	$144.53M	$140.67M	$148.34M	$135.13M	$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	$179.73M	$182.62M	$177.19M	$173.55M	$169.60M	$172.46M	$167.87M	$155.44M	$155.89M	$195.85M	$145.78M	$139.72M	$139.56M	$178.05M	$205.92M	$138.95M	$137.18M	$140.75M	$165.42M	$138.08M	$111.44M	$103.78M	$109.49M	$100.51M	$101.65M	$76.28M	$103.70M	$104.75M	$129.21M	$97.35M
High Forecast	$180.47M	$183.37M	$177.92M	$174.26M	$170.30M	$172.89M	$168.63M	$156.08M	$155.89M	$235.02M	$145.80M	$140.78M	$140.14M	$213.66M	$247.10M	$138.95M	$137.18M	$168.90M	$165.42M	$138.08M	$111.44M	$124.54M	$109.49M	$100.51M	$101.65M	$91.54M	$103.70M	$104.75M	$129.21M	$116.82M
Low Forecast	$179.13M	$182.02M	$176.60M	$172.97M	$169.03M	$172.03M	$167.11M	$154.92M	$155.89M	$156.68M	$145.76M	$138.39M	$139.10M	$142.44M	$164.73M	$138.95M	$137.18M	$112.60M	$165.42M	$138.08M	$111.44M	$83.03M	$109.49M	$100.51M	$101.65M	$61.03M	$103.70M	$104.75M	$129.21M	$77.88M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	3.11%	0.81%	0.68%	1.07%	0.99%	1.06%	0.93%	1.15%	0.97%	1.05%	0.95%	1.00%	1.02%	1.26%	0.93%	0.95%	0.77%	1.05%

Adtalem Global Education's average Quarter SG&A projection for Sep 23 is $139.72M, based on 3 Wall Street analysts, with a range of $138.39M to $140.78M. The forecast indicates a -67.77% 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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	13	13	13	13
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.99	$1.02	$0.53	$0.13	$0.05	$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	$1.78	$1.94	$1.54	$1.45	$1.53	$1.70	$1.37	$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	$1.79	$1.95	$1.55	$1.46	$1.54	$1.72	$1.38	$1.13	$1.31	$1.16	$0.99	$0.82	$0.98	$0.92	$0.89	$0.75	$1.30	$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
Low Forecast	$1.77	$1.93	$1.53	$1.44	$1.52	$1.67	$1.36	$1.13	$1.25	$1.16	$0.97	$0.78	$0.97	$0.91	$0.88	$0.75	$1.20	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.12%	0.60%	0.17%	0.04%	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
AFYA	Afya	$15.13	$19.00	25.58%	Hold
STRA	Strategic Education	$99.76	$115.00	15.28%	Buy
LOPE	Grand Canyon Education	$166.14	$166.00	-0.08%	Buy
ATGE	Adtalem Global Education	$90.24	$89.67	-0.63%	Buy
LINC	Lincoln Educational Services	$16.04	$14.67	-8.54%	Buy
APEI	American Public Education	$22.75	$15.50	-31.87%	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 $89.67 with a range of $84 to $95, implying a 2.74% from its last price of $87.28. 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 up by 2.74% (from the last price of $87.28 to the average price target of $89.67), up by 8.85% based on the highest stock price target, and down by -3.76% based on the lowest stock price target.

Can Adtalem Global Education stock reach $130?

ATGE's average twelve months analyst stock price target of $89.67 does not support the claim that Adtalem Global Education can reach $130 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 $1.7B (high $1.71B, low $1.7B), average EBITDA is $389.77M (high $391.25M, low $388.44M), average net income is $224.12M (high $225.54M, low $222.27M), average SG&A $665.36M (high $667.89M, low $663.09M), and average EPS is $5.73 (high $5.77, low $5.68). ATGE's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.82B (high $1.83B, low $1.82B), average EBITDA is $417.73M (high $419.45M, low $416.34M), average net income is $262.42M (high $263.83M, low $261.29M), average SG&A $713.09M (high $716.03M, low $710.72M), and average EPS is $6.71 (high $6.75, low $6.68).

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, beating the average analysts forecast of $1.42B by 2.18%. Apple's EBITDA was $168.17M, missing the average prediction of $357.98M by -53.02%. The company's net income was $93.36M, missing the average estimation of $506.64M by -81.57%. Apple's SG&A was $0, missing the average forecast of $662.48M by -100.00%. Lastly, the company's EPS was $2.08, missing the average prediction of $3.52 by -40.96%. 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 $81.76M by -357.47%. Adtalem Global Education's net income was $44.29M, beating the average estimation of $38.07M by 16.36%. The company's SG&A was $433.54M, beating the average forecast of $139.56M by 210.64%. Lastly, the company's EPS was $0.99, beating the average prediction of $0.973 by 1.71%