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


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ATGE Stock Forecast


Adtalem Global Education stock forecast is as follows: an average price target of $62.00 (represents a -28.97% downside from ATGE’s last price of $87.29) 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 $62.00 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 $26.00. This represents a potential -28.97% downside from ATGE's last price of $87.29.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Alexander ParisBarrington$95.00$82.7014.87%8.83%
Oct 30, 2024Jeffrey SilberBMO Capital$90.00$79.2513.56%3.10%
Aug 08, 2024Peter AppertPiper Sandler$84.00$70.3119.47%-3.77%
May 03, 2024Jeffrey MeulerRobert W. Baird$70.00$52.4033.59%-19.81%
Jan 09, 2023-Goldman Sachs$26.00$37.35-30.39%-70.21%
Dec 16, 2022-Morgan Stanley$37.00$35.992.81%-57.61%
Nov 17, 2022-Goldman Sachs$33.00$40.05-17.60%-62.19%
Nov 17, 2022-Morgan Stanley$48.00$40.8517.50%-45.01%
Nov 17, 2022-Jefferies$32.00$40.85-21.66%-63.34%
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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 8.83% increase from ATGE last price ($87.29).

Adtalem Global Education Price Target by Period


1M3M12M
# Anlaysts224
Avg Price Target$92.50$92.50$84.75
Last Closing Price$87.29$87.29$87.29
Upside/Downside5.97%5.97%-2.91%

In the current month, the average price target of Adtalem Global Education stock is $92.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 5.97% increase as opposed to Adtalem Global Education's last price of $87.29. This month's average price target is down 0.00% compared to last quarter, and up 9.14% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024BMO CapitalOutperformOutperformHold
Aug 08, 2024BMO CapitalOutperformOutperformHold
Aug 08, 2024Piper SandlerOverweightOverweightHold
Jul 07, 2023BMO Capital-OutperformUpgrade
Jan 09, 2023Goldman SachsBuyBuyHold
Dec 16, 2022Morgan StanleyOverweightOverweightHold
Nov 17, 2022Goldman SachsBuyBuyHold
Nov 17, 2022Morgan StanleyOverweightOverweightHold
Nov 17, 2022JefferiesBuyBuyHold
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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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 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$461.54M$468.97M$455.01M$445.67M$435.52M$442.11M$431.21M$399.15M$398.64M$391.68M$372.84M$360.00M$358.39M$355.97M$356.63M$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$457.94M$465.31M$451.46M$442.19M$432.12M$439.91M$427.33M$396.04M$398.64M$391.68M$372.73M$353.90M$355.60M$353.19M$353.85M$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
# Analysts1111122111231111111111199913131313
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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111122111231111111111199913131313
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$105.73M$107.43M$104.23M$102.10M$99.77M$101.28M$98.78M$91.44M$91.32M$89.73M$85.41M$82.47M$82.10M$81.55M$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$104.90M$106.59M$103.42M$101.30M$98.99M$100.77M$97.89M$90.72M$91.32M$89.73M$85.39M$81.07M$81.46M$80.91M$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 $82.10M and a low of $81.46M. 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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111122111231111111111199913131313
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$70.00M$76.29M$60.56M$57.02M$60.16M$67.15M$53.87M$44.37M$51.31M$548.55M$38.67M$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$69.29M$75.51M$59.94M$56.44M$59.56M$65.17M$53.19M$44.33M$48.92M$365.70M$38.08M$30.51M$37.89M$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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111122111231111111111199913131313
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$180.71M$183.62M$178.15M$174.50M$170.52M$173.40M$168.78M$156.28M$156.74M$195.85M$146.58M$140.48M$140.32M$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$181.47M$184.39M$178.90M$175.23M$171.24M$173.83M$169.55M$156.94M$156.74M$235.02M$146.59M$141.55M$140.91M$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$180.05M$182.95M$177.51M$173.86M$169.91M$172.96M$168.02M$155.72M$156.74M$156.68M$146.55M$139.15M$139.82M$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 %------------3.09%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 $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 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111122111231111111111199913131313
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STRAStrategic Education$95.52$115.0020.39%Buy
AFYAAfya$16.36$18.5013.08%Hold
LOPEGrand Canyon Education$161.40$166.002.85%Buy
LINCLincoln Educational Services$15.38$14.67-4.62%Buy
APEIAmerican Public Education$19.12$15.50-18.93%Buy
ATGEAdtalem Global Education$87.29$62.00-28.97%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 $62 with a range of $26 to $95, implying a -28.97% from its last price of $87.29. 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 -28.97% (from the last price of $87.29 to the average price target of $62), up by 8.83% based on the highest stock price target, and down by -70.21% based on the lowest stock price target.

Can Adtalem Global Education stock reach $130?

ATGE's average twelve months analyst stock price target of $62 does not support the claim that Adtalem Global Education can reach $130 in the near future.

What is Adtalem Global Education's current price target trend?

2 Wall Street analysts forecast a $92.5 price target for Adtalem Global Education (ATGE) this month, up 5.97% from its last price of $87.29. Compared to the last 3 and 12 months, the average price target increased by 5.97% and decreased by -2.91%, respectively.

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 $391.27M, low $388.39M), average net income is $224.12M (high $225.55M, low $222.25M), average SG&A $668.99M (high $671.56M, low $666.61M), 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 $419.49M, low $416.22M), average net income is $262.42M (high $263.86M, low $261.19M), average SG&A $716.97M (high $720M, low $714.38M), 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 $663.24M 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 $140.32M by 208.96%. Lastly, the company's EPS was $0.99, beating the average prediction of $0.973 by 1.71%