Baxter (BAX) Stock Forecast, Price Target & Predictions


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BAX Stock Forecast


Baxter stock forecast is as follows: an average price target of $64.62 (represents a 62.69% upside from BAX’s last price of $39.72) and a rating consensus of 'Hold', based on 24 wall street analysts offering a 1-year stock forecast.

BAX Price Target


The average price target for Baxter (BAX) is $64.62 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $30.00. This represents a potential 62.69% upside from BAX's last price of $39.72.

BAX Analyst Ratings


Hold

According to 24 Wall Street analysts, Baxter's rating consensus is 'Hold'. The analyst rating breakdown for BAX stock is 0 'Strong Buy' (0.00%), 10 'Buy' (41.67%), 13 'Hold' (54.17%), 1 'Sell' (4.17%), and 0 'Strong Sell' (0.00%).

Baxter Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 06, 2024Matthew TaylorJefferies$42.00$36.9213.76%5.74%
Jul 15, 2024Patrick WoodMorgan Stanley$30.00$35.32-15.06%-24.47%
Jun 12, 2024David RomanGoldman Sachs$36.00$33.318.08%-9.37%
May 03, 2024Danielle AntalffyUBS$40.00$36.918.37%0.70%
May 02, 2024Matthew TaylorJefferies$43.00$36.8916.56%8.26%
May 02, 2024Rick WiseStifel Nicolaus$44.00$36.7319.81%10.78%
Jul 31, 2023Matt MiksicBarclays$54.00$45.2619.32%35.95%
Jul 31, 2023Philippe HouchoisJefferies$85.00$47.0180.81%114.00%
Mar 27, 2023Joanne WuenschCitigroup$44.00$39.7110.80%10.78%
Apr 29, 2022-Raymond James$85.00$70.3520.82%114.00%
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The latest Baxter stock forecast, released on Aug 06, 2024 by Matthew Taylor from Jefferies, set a price target of $42.00, which represents a 13.76% increase from the stock price at the time of the forecast ($36.92), and a 5.74% increase from BAX last price ($39.72).

Baxter Price Target by Period


1M3M12M
# Anlaysts-26
Avg Price Target-$36.00$39.17
Last Closing Price$39.72$39.72$39.72
Upside/Downside-100.00%-9.37%-1.38%

In the current month, the average price target of Baxter stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Baxter's last price of $39.72. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 06, 2024JefferiesHoldHoldHold
Jul 15, 2024Morgan StanleyEqual-WeightUnderweightDowngrade
Jun 12, 2024Goldman SachsNeutralNeutralHold
May 30, 2024Goldman SachsBuyNeutralInitialise
May 22, 2024CitigroupNeutralNeutralHold
May 10, 2024Cowen & Co.Sector WeightHoldDowngrade
May 03, 2024UBSNeutralNeutralHold
May 02, 2024JefferiesHoldHoldHold
Apr 03, 2024CitigroupNeutralNeutralHold
Feb 12, 2024BarclaysOverweightOverweightHold
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Baxter's last stock rating was published by Jefferies on Aug 06, 2024. The company gave BAX a "Hold" rating, the same as its previous rate.

Baxter Financial Forecast


Baxter Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue---------$3.71B$3.71B$3.65B$3.89B$3.77B-$3.71B$3.51B$3.23B$3.10B$2.95B$3.18B$2.97B$2.72B$2.80B$3.04B$2.85B$2.84B$2.63B$2.84B$2.77B
Avg Forecast$4.13B$3.96B$3.93B$3.71B$3.98B$3.84B$3.75B$3.55B$3.81B$3.70B$3.79B$3.60B$3.77B$3.77B$3.88B$3.68B$3.30B$3.23B$3.11B$2.90B$3.12B$2.83B$2.87B$2.73B$3.04B$2.86B$2.79B$2.61B$2.65B$2.56B
High Forecast$4.15B$3.97B$3.95B$3.73B$4.00B$3.86B$3.77B$3.57B$3.82B$3.78B$3.80B$3.62B$3.78B$3.78B$3.88B$3.70B$3.32B$3.25B$3.13B$2.92B$3.14B$2.85B$2.89B$2.75B$3.06B$2.88B$2.81B$2.63B$3.18B$3.07B
Low Forecast$4.10B$3.93B$3.90B$3.69B$3.95B$3.83B$3.73B$3.53B$3.78B$3.67B$3.76B$3.58B$3.74B$3.74B$3.88B$3.64B$3.27B$3.19B$3.08B$2.87B$3.09B$2.80B$2.84B$2.71B$3.01B$2.83B$2.76B$2.58B$2.12B$2.05B
# Analysts43744974710998844555101010101099992013
Surprise %---------1.00%0.98%1.01%1.03%1.00%-1.01%1.06%1.00%1.00%1.02%1.02%1.05%0.95%1.02%1.00%1.00%1.02%1.01%1.07%1.08%

Baxter's average Quarter revenue forecast for Dec 23 based on 7 analysts is $3.81B, with a low forecast of $3.78B, and a high forecast of $3.82B. BAX's average Quarter revenue forecast represents a 2.65% increase compared to the company's last Quarter revenue of $3.71B (Sep 23).

Baxter EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts43744974710998844555101010101099992013
EBITDA---------$-51.00M$-1.00M$187.00M$368.00M$265.00M-$534.00M$602.00M$709.00M$648.00M$603.00M$461.00M$663.00M$530.00M$605.00M$12.00M$690.00M$589.00M$611.00M$653.00M$637.00M
Avg Forecast$481.61M$461.23M$457.80M$432.86M$463.81M$447.97M$437.64M$567.49M$443.65M$430.92M$441.22M$515.90M$439.06M$713.53M$452.02M$469.00M$596.16M$648.66M$595.46M$500.95M$436.74M$572.18M$582.25M$520.97M$354.21M$772.14M$530.83M$539.12M$608.27M$585.35M
High Forecast$483.74M$463.27M$459.83M$434.78M$465.86M$450.30M$439.58M$680.99M$444.81M$440.03M$443.17M$619.08M$441.01M$856.23M$452.02M$562.80M$715.39M$778.39M$714.55M$601.14M$524.08M$686.61M$698.70M$625.17M$356.74M$926.57M$636.99M$646.94M$729.93M$702.42M
Low Forecast$478.23M$457.99M$454.58M$429.82M$460.54M$446.80M$434.57M$453.99M$440.14M$427.53M$438.12M$412.72M$435.98M$570.82M$452.02M$375.20M$476.92M$518.93M$476.37M$400.76M$349.39M$457.74M$465.80M$416.78M$350.65M$617.71M$424.66M$431.29M$486.62M$468.28M
Surprise %----------0.12%-0.00%0.36%0.84%0.37%-1.14%1.01%1.09%1.09%1.20%1.06%1.16%0.91%1.16%0.03%0.89%1.11%1.13%1.07%1.09%

9 analysts predict BAX's average Quarter EBITDA for Jun 23 to be $441.22M, with a high of $443.17M and a low of $438.12M. This is 135.95% upper than Baxter's previous annual EBITDA (Mar 23) of $187.00M.

Baxter Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts43744974710998844555101010101099992013
Net Income---------$2.51B$-141.00M$44.00M$181.00M$-2.93B-$71.00M$242.00M$450.00M$298.00M$298.00M$168.00M$356.00M$246.00M$331.00M$-23.00M$369.00M$343.00M$347.00M$348.00M$544.00M
Avg Forecast$457.01M$416.01M$393.40M$360.06M$443.26M$396.10M$337.83M$71.95M$440.83M$340.21M$305.79M$65.41M$479.13M$452.87M$445.49M$59.46M$235.69M$411.70M$273.84M$247.57M$159.16M$307.23M$270.25M$285.03M$449.91M$412.93M$309.12M$306.18M$324.16M$499.89M
High Forecast$459.64M$418.40M$395.67M$362.13M$445.81M$398.38M$339.77M$86.34M$445.95M$395.24M$307.55M$78.49M$481.89M$543.45M$445.49M$71.36M$282.83M$494.04M$328.61M$297.08M$190.99M$368.68M$324.30M$342.03M$454.09M$495.51M$370.95M$367.41M$389.00M$599.87M
Low Forecast$452.83M$412.21M$389.81M$356.77M$439.21M$391.02M$334.74M$57.56M$435.70M$330.20M$302.99M$52.33M$474.75M$362.30M$445.49M$47.57M$188.55M$329.36M$219.07M$198.06M$127.33M$245.79M$216.20M$228.02M$444.02M$330.34M$247.30M$244.94M$259.33M$399.91M
Surprise %---------7.37%-0.46%0.67%0.38%-6.48%-1.19%1.03%1.09%1.09%1.20%1.06%1.16%0.91%1.16%-0.05%0.89%1.11%1.13%1.07%1.09%

Baxter's average Quarter net income forecast for Dec 23 is $440.83M, with a range of $435.70M to $445.95M. BAX's average Quarter net income forecast represents a -82.42% decrease compared to the company's last Quarter net income of $2.51B (Sep 23).

Baxter SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts43744974710998844555101010101099992013
SG&A---------$1.00B$964.00M$1.01B$912.00M$942.00M-$1.05B$896.00M$680.00M$678.00M$627.00M$696.00M$601.00M$590.00M$628.00M$1.42B$627.00M$642.00M$584.00M$620.00M$672.00M
Avg Forecast$1.03B$985.77M$978.44M$925.14M$991.28M$957.43M$935.36M$1.07B$948.20M$921.00M$943.01M$969.15M$938.40M$684.34M$966.09M$881.05M$887.30M$622.13M$623.03M$520.89M$659.37M$518.67M$648.17M$540.78M$757.04M$701.64M$578.59M$515.29M$577.53M$617.51M
High Forecast$1.03B$990.13M$982.77M$929.24M$995.67M$962.42M$939.50M$1.28B$950.69M$940.46M$947.18M$1.16B$942.56M$821.21M$966.09M$1.06B$1.06B$746.55M$747.63M$625.07M$791.24M$622.41M$777.80M$648.93M$762.46M$841.97M$694.31M$618.35M$693.04M$741.02M
Low Forecast$1.02B$978.84M$971.57M$918.64M$984.31M$954.94M$928.79M$852.86M$940.71M$913.76M$936.38M$775.32M$931.81M$547.47M$966.09M$704.84M$709.84M$497.70M$498.42M$416.71M$527.49M$414.94M$518.54M$432.62M$749.43M$561.31M$462.87M$412.24M$462.03M$494.01M
Surprise %---------1.09%1.02%1.04%0.97%1.38%-1.19%1.01%1.09%1.09%1.20%1.06%1.16%0.91%1.16%1.88%0.89%1.11%1.13%1.07%1.09%

Baxter's average Quarter SG&A projection for Dec 23 is $948.20M, based on 7 Wall Street analysts, with a range of $940.71M to $950.69M. The forecast indicates a -5.37% fall compared to BAX last annual SG&A of $1.00B (Sep 23).

Baxter EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts43744974710998844555101010101099992013
EPS---------$4.95$-0.28$0.09$0.36$-5.82-$0.14$0.48$0.90$0.59$0.59$0.33$0.70$0.48$0.65$-0.05$0.72$0.67$0.68$0.66$1.02
Avg Forecast$0.90$0.82$0.77$0.71$0.87$0.78$0.66$0.61$0.86$0.67$0.60$0.49$0.94$0.82$0.87$0.80$1.03$0.94$0.75$0.65$0.76$0.73$0.70$0.73$0.89$0.84$0.81$0.68$0.68$0.68
High Forecast$0.90$0.82$0.78$0.71$0.87$0.78$0.67$0.61$0.87$0.77$0.60$0.50$0.94$0.82$0.87$0.81$1.04$0.95$0.76$0.65$0.76$0.73$0.71$0.74$0.90$0.84$0.82$0.69$0.82$0.82
Low Forecast$0.89$0.81$0.76$0.70$0.86$0.77$0.66$0.60$0.85$0.65$0.59$0.49$0.93$0.81$0.87$0.79$1.01$0.93$0.74$0.64$0.75$0.72$0.70$0.72$0.88$0.83$0.80$0.67$0.54$0.54
Surprise %---------7.42%-0.47%0.18%0.38%-7.14%-0.17%0.47%0.96%0.79%0.91%0.44%0.96%0.68%0.89%-0.05%0.86%0.82%1.00%0.97%1.50%

According to 7 Wall Street analysts, Baxter's projected average Quarter EPS for Dec 23 is $0.86, with a low estimate of $0.85 and a high estimate of $0.87. This represents a -82.54% decrease compared to BAX previous annual EPS of $4.95 (Sep 23).

Baxter Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
COOCooper Companies$110.53$298.00169.61%Buy
BAXBaxter$39.72$64.6262.69%Hold
TFXTeleflex$246.05$304.0923.59%Buy
NVSTEnvista$19.41$23.8322.77%Hold
BDXBecton, Dickinson and Company$234.18$280.5519.80%Buy
WSTWest Pharmaceutical Services$300.67$345.3314.85%Buy
HOLXHologic$81.15$78.92-2.75%Buy
MMSIMerit Medical Systems$96.16$93.38-2.89%Buy
ALCAlcon$98.50$93.34-5.24%Buy
RMDResMed$248.93$209.33-15.91%Hold
ICUIICU Medical$179.00$135.00-24.58%Buy
EMBCEmbecta$16.02$12.00-25.09%Sell

BAX Forecast FAQ


No, according to 24 Wall Street analysts, Baxter (BAX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 41.67% of BAX's total ratings.

Baxter (BAX) average price target is $64.62 with a range of $30 to $100, implying a 62.69% from its last price of $39.72. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BAX stock, the company can go up by 62.69% (from the last price of $39.72 to the average price target of $64.62), up by 151.76% based on the highest stock price target, and down by -24.47% based on the lowest stock price target.

BAX's average twelve months analyst stock price target of $64.62 supports the claim that Baxter can reach $60 in the near future.

Baxter's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $15.13B (high $15.2B, low $15.04B), average EBITDA is $1.92B (high $2.04B, low $1.8B), average net income is $1.25B (high $1.27B, low $1.22B), average SG&A $3.95B (high $4.18B, low $3.72B), and average EPS is $2.92 (high $2.93, low $2.89). BAX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $15.73B (high $15.8B, low $15.62B), average EBITDA is $1.83B (high $1.84B, low $1.82B), average net income is $1.63B (high $1.64B, low $1.61B), average SG&A $3.92B (high $3.94B, low $3.89B), and average EPS is $3.19 (high $3.21, low $3.16).

Based on Baxter's last annual report (Dec 2022), the company's revenue was $15.11B, beating the average analysts forecast of $15.09B by 0.16%. Apple's EBITDA was $854M, missing the average prediction of $2.07B by -58.82%. The company's net income was $-2.421B, missing the average estimation of $1.44B by -268.48%. Apple's SG&A was $3.89B, beating the average forecast of $3.47B by 12.02%. Lastly, the company's EPS was $-4.8, missing the average prediction of $3.43 by -239.97%. In terms of the last quarterly report (Sep 2023), Baxter's revenue was $3.71B, beating the average analysts' forecast of $3.7B by 0.29%. The company's EBITDA was $-51M, missing the average prediction of $430.92M by -111.84%. Baxter's net income was $2.51B, beating the average estimation of $340.21M by 637.19%. The company's SG&A was $1B, beating the average forecast of $921M by 8.80%. Lastly, the company's EPS was $4.95, beating the average prediction of $0.667 by 642.04%