CareDx (CDNA) Stock Forecast, Price Target & Predictions


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CDNA Stock Forecast


CareDx (CDNA) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $37.50, with a high of $40.00 and a low of $35.00. This represents a 66.22% increase from the last price of $22.56.

$5 $12 $19 $26 $33 $40 High: $40 Avg: $37.5 Low: $35 Last Closed Price: $22.56

CDNA Stock Rating


CareDx stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (57.14%), 2 Hold (28.57%), 1 Sell (14.29%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 1 2 4 Strong Sell Sell Hold Buy Strong Buy

CDNA Forecast vs Benchmarks


TypeNameUpside
StockCareDx66.22%
SectorHealthcare Stocks 25.20%
IndustryDiagnostics & Research Stocks16.01%

Price Target Trends


1M3M12M
# Anlaysts-15
Avg Price Target-$35.00$32.40
Last Closing Price$22.56$22.56$22.56
Upside/Downside-55.14%43.62%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251431-9
Dec, 241421-8
Nov, 241421-8
Oct, 243431-11
Sep, 243441-12
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Sung Ji NamBTIG$35.00$22.9052.84%55.14%
Aug 19, 2024Mark MassaroBTIG$40.00$33.0021.21%77.30%
Aug 16, 2024Bill BonelloCraig-Hallum$40.00$32.9821.29%77.30%
Aug 01, 2024Bill BonelloCraig-Hallum$32.00$19.9960.08%41.84%
Apr 17, 2024Mason CarricoStephens$15.00$8.2980.94%-33.51%
Feb 06, 2023Goldman Sachs$29.00$16.2678.35%28.55%
Apr 25, 2022Stephens$50.00$31.7257.63%121.63%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 05, 2024BTIGBuyBuyhold
Oct 22, 2024H.C. WainwrightNeutralNeutralhold
Aug 27, 2024Wells FargoUnderweightinitialise
Aug 19, 2024BTIGBuyupgrade
Aug 01, 2024Craig-HallumBuyBuyhold
Jul 17, 2024StephensBuyBuyhold
May 17, 2024Craig-HallumBuyBuyhold
May 13, 2024StephensBuyBuyhold
May 13, 2024Raymond JamesOutperformMarket Performdowngrade
May 01, 2024Craig-HallumBuyupgrade

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.40$-0.59$-1.44$-3.54----
Avg Forecast$-0.48$-0.30$-1.43$-1.83$-0.90$-0.50$-0.06$0.31
High Forecast$-0.49$-0.30$-1.46$-1.91$-0.92$-0.55$-0.22$0.30
Low Forecast$-0.45$-0.28$-1.38$-1.78$-0.87$-0.47$0.10$0.31
Surprise %-16.67%96.67%0.70%93.44%----

Revenue Forecast

$150M $220M $290M $360M $430M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$192.19M$296.40M$321.79M$280.32M----
Avg Forecast$189.06M$294.49M$321.02M$278.36M$331.35M$369.50M$424.07M$493.38M
High Forecast$182.54M$284.34M$311.41M$277.19M$330.07M$368.41M$422.06M$489.95M
Low Forecast$193.34M$301.16M$326.66M$279.74M$333.48M$370.58M$426.09M$496.82M
Surprise %1.66%0.65%0.24%0.70%----

Net Income Forecast

$-250M $-190M $-130M $-70M $-10M $50M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-18.71M$-30.66M$-76.61M$-190.28M----
Avg Forecast$-70.38M$-107.26M$-76.92M$-190.28M$-48.12M$-27.30M$-243.00K$16.41M
High Forecast$-84.46M$-128.71M$-78.68M$-228.34M$-49.24M$-29.37M$-11.61M$16.31M
Low Forecast$-56.31M$-85.81M$-73.93M$-152.23M$-47.00M$-25.24M$5.16M$16.50M
Surprise %-73.41%-71.41%-0.40%-----

CDNA Forecast FAQ


Is CareDx stock a buy?

CareDx stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that CareDx is a favorable investment for most analysts.

What is CareDx's price target?

CareDx's price target, set by 7 Wall Street analysts, averages $37.5 over the next 12 months. The price target range spans from $35 at the low end to $40 at the high end, suggesting a potential 66.22% change from the previous close price of $22.56.

How does CareDx stock forecast compare to the average forecast of its sector, industry, and investment themes?

CareDx stock forecast shows a 66.22% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and outperforming the diagnostics & research stocks industry (16.01%).

What is the breakdown of analyst ratings for CareDx over the past three months?

  • January 2025: 11.11% Strong Buy, 44.44% Buy, 33.33% Hold, 11.11% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 50.00% Buy, 25.00% Hold, 12.50% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 50.00% Buy, 25.00% Hold, 12.50% Sell, 0% Strong Sell.

What is CareDx’s EPS forecast?

CareDx's average annual EPS forecast for its fiscal year ending in December is -0.9 for 2024, a -74.58% decrease from the reported $-3.54 in 2023. The prediction for 2025 is $-0.5, $-0.06 for 2026, and $0.31 for 2027.

What is CareDx’s revenue forecast?

CareDx's average annual revenue forecast for its fiscal year ending in December is $331.35M for 2024, a 18.20% increase from the reported $280.32M in 2023. The forecast for 2025 is $369.5M, $424.07M for 2026, and $493.38M for 2027.

What is CareDx’s net income forecast?

For its fiscal year ending in December, CareDx's average annual net income forecast is $-48.119M for 2024, reflecting a -74.71% decrease from the reported $-190M in 2023. The projection for 2025 is $-27.302M, $-243K for 2026, and $16.41M for 2027.