DexCom (DXCM) Stock Forecast, Price Target & Predictions


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DXCM Stock Forecast


DexCom stock forecast is as follows: an average price target of $81.86 (represents a 17.77% upside from DXCM’s last price of $69.51) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

DXCM Price Target


The average price target for DexCom (DXCM) is $81.86 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $146.00 to $28.13. This represents a potential 17.77% upside from DXCM's last price of $69.51.

DXCM Analyst Ratings


Buy

According to 13 Wall Street analysts, DexCom's rating consensus is 'Buy'. The analyst rating breakdown for DXCM stock is 1 'Strong Buy' (7.69%), 10 'Buy' (76.92%), 2 'Hold' (15.38%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

DexCom Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 22, 2024Mathew BlackmanStifel Nicolaus$100.00$72.2838.35%43.86%
Aug 16, 2024Shagun SinghRBC Capital$130.00$72.3679.66%87.02%
Jul 29, 2024Matt MiksicBarclays$113.00$64.0076.56%62.57%
Jul 26, 2024Steven LichtmanOppenheimer$115.00$107.856.63%65.44%
Jul 26, 2024Matt O\'BrienPiper Sandler$90.00$63.2242.36%29.48%
Jul 26, 2024William PlovanicCanaccord Genuity$89.00$107.85-17.48%28.04%
Jul 26, 2024Shagun SinghRBC Capital$145.00$63.55128.17%108.60%
Jul 12, 2024Mathew BlackmanStifel Nicolaus$132.00$112.6617.17%89.90%
Jun 03, 2024Steven LichtmanOppenheimer$150.00$115.2330.17%115.80%
May 30, 2024Issie KirbyRedburn Partners$130.00$127.641.85%87.02%
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The latest DexCom stock forecast, released on Aug 22, 2024 by Mathew Blackman from Stifel Nicolaus, set a price target of $100.00, which represents a 38.35% increase from the stock price at the time of the forecast ($72.28), and a 43.86% increase from DXCM last price ($69.51).

DexCom Price Target by Period


1M3M12M
# Anlaysts2812
Avg Price Target$115.00$114.25$123.42
Last Closing Price$69.51$69.51$69.51
Upside/Downside65.44%64.36%77.56%

In the current month, the average price target of DexCom stock is $115.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 65.44% increase as opposed to DexCom's last price of $69.51. This month's average price target is up 0.66% compared to last quarter, and down -6.82% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 26, 2024Piper SandlerOverweightOverweightHold
Aug 23, 2024William BlairBuyBuyHold
Aug 23, 2024Wells FargoUnderperformUnderperformHold
Aug 16, 2024RBC CapitalOutperformOutperformHold
Jul 30, 2024Raymond JamesStrong BuyStrong BuyHold
Jul 29, 2024Wells FargoUnderperformUnderperformHold
Jul 29, 2024William BlairBuyBuyHold
Jul 29, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 26, 2024William BlairOutperformOutperformHold
Jul 26, 2024OppenheimerOutperformOutperformHold
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DexCom's last stock rating was published by Piper Sandler on Aug 26, 2024. The company gave DXCM a "Overweight" rating, the same as its previous rate.

DexCom Financial Forecast


DexCom Revenue Forecast

Dec 26Sep 26Jun 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 19
Revenue------------$1.03B$975.00M$871.30M$741.50M$815.20M$769.60M$696.20M$628.80M$698.20M$650.20M$595.10M$505.00M$568.90M$500.90M$451.80M$405.10M$462.80M$396.30M
Avg Forecast$1.52B$1.43B$1.36B$1.27B$1.28B$1.17B$1.14B$1.04B$1.10B$989.24M$1.04B$909.93M$1.02B$939.64M$841.16M$720.71M$810.10M$751.80M$697.50M$623.87M$697.47M$618.65M$551.67M$486.59M$553.01M$500.90M$416.62M$358.55M$441.02M$347.89M
High Forecast$1.53B$1.44B$1.37B$1.28B$1.30B$1.19B$1.15B$1.05B$1.11B$1.00B$1.05B$920.18M$1.03B$948.40M$850.64M$728.82M$819.22M$760.27M$705.37M$630.91M$705.35M$625.63M$557.90M$492.09M$559.25M$506.56M$421.33M$362.60M$446.00M$351.82M
Low Forecast$1.49B$1.41B$1.34B$1.25B$1.26B$1.16B$1.12B$1.02B$1.08B$975.84M$1.02B$897.20M$1.00B$931.05M$829.39M$710.62M$798.76M$741.28M$687.92M$615.30M$687.90M$610.15M$544.10M$479.91M$545.42M$494.02M$410.90M$353.63M$434.96M$343.11M
# Analysts99991313131371571318159101681099139910101099
Surprise %------------1.02%1.04%1.04%1.03%1.01%1.02%1.00%1.01%1.00%1.05%1.08%1.04%1.03%1.00%1.08%1.13%1.05%1.14%

DexCom's average Quarter revenue forecast for Mar 24 based on 1 analysts is $909.93M, with a low forecast of $897.20M, and a high forecast of $920.18M. DXCM's average Quarter revenue forecast represents a -12.04% decrease compared to the company's last Quarter revenue of $1.03B (Dec 23).

DexCom EBITDA Forecast

Dec 26Sep 26Jun 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 19
# Analysts99991313131371571318159101681099139910101099
EBITDA------------$303.60M$207.20M$128.10M$110.70M$139.70M$190.00M$123.60M$78.30M$44.30M$141.30M$125.40M$66.90M$126.30M$117.90M$81.80M$50.80M$123.90M$73.80M
Avg Forecast$248.41M$233.67M$222.30M$208.00M$210.13M$192.63M$186.54M$170.05M$180.27M$162.18M$170.04M$131.18M$166.45M$154.05M$137.90M$119.26M$132.81M$94.72M$114.35M$108.42M$114.35M$101.42M$90.44M$60.21M$90.66M$82.12M$68.30M$58.06M$72.30M$57.03M
High Forecast$251.21M$236.30M$224.81M$210.35M$212.50M$194.80M$188.64M$171.97M$182.30M$164.00M$171.96M$157.42M$168.33M$155.48M$139.46M$143.11M$134.31M$113.66M$115.64M$130.10M$115.64M$102.57M$91.46M$72.25M$91.69M$83.05M$69.07M$69.67M$73.12M$57.68M
Low Forecast$244.94M$230.40M$219.19M$205.09M$207.19M$189.94M$183.93M$167.67M$177.75M$159.98M$167.66M$104.95M$164.12M$152.64M$135.97M$95.41M$130.95M$75.77M$112.78M$86.73M$112.78M$100.03M$89.20M$48.17M$89.42M$80.99M$67.37M$46.45M$71.31M$56.25M
Surprise %------------1.82%1.35%0.93%0.93%1.05%2.01%1.08%0.72%0.39%1.39%1.39%1.11%1.39%1.44%1.20%0.88%1.71%1.29%

1 analysts predict DXCM's average Quarter EBITDA for Mar 24 to be $131.18M, with a high of $157.42M and a low of $104.95M. This is -56.79% lower than DexCom's previous annual EBITDA (Dec 23) of $303.60M.

DexCom Net Income Forecast

Dec 26Sep 26Jun 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 19
# Analysts99991313131371571318159101681099139910101099
Net Income------------$256.30M$120.70M$115.90M$48.60M$91.80M$101.20M$50.90M$97.30M$-19.40M$70.90M$62.90M$40.30M$355.20M$72.20M$46.30M$19.90M$92.70M$45.80M
Avg Forecast$326.68M$289.79M$252.78M$209.00M$261.48M$229.83M$200.38M$162.82M$214.53M$181.70M$160.95M$163.01M$179.52M$142.00M$94.13M$148.20M$113.86M$47.53M$76.45M$134.72M$90.82M$67.66M$46.25M$36.27M$96.72M$66.79M$35.08M$22.74M$77.36M$20.85M
High Forecast$331.46M$294.03M$256.48M$212.06M$265.31M$233.19M$203.32M$165.20M$217.67M$189.95M$163.30M$195.62M$192.05M$192.11M$95.51M$177.83M$115.53M$57.03M$77.57M$161.67M$92.15M$68.66M$46.93M$43.52M$98.14M$67.77M$35.59M$27.29M$78.50M$21.15M
Low Forecast$320.74M$284.52M$248.18M$205.20M$256.72M$225.65M$196.74M$159.86M$210.63M$165.18M$158.02M$130.41M$162.82M$108.58M$92.41M$118.56M$111.79M$38.02M$75.09M$107.78M$89.20M$66.45M$45.42M$29.02M$95.00M$65.60M$34.45M$18.19M$75.98M$20.48M
Surprise %------------1.43%0.85%1.23%0.33%0.81%2.13%0.67%0.72%-0.21%1.05%1.36%1.11%3.67%1.08%1.32%0.88%1.20%2.20%

DexCom's average Quarter net income forecast for Mar 24 is $163.01M, with a range of $130.41M to $195.62M. DXCM's average Quarter net income forecast represents a -36.40% decrease compared to the company's last Quarter net income of $256.30M (Dec 23).

DexCom SG&A Forecast

Dec 26Sep 26Jun 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 19
# Analysts99991313131371571318159101681099139910101099
SG&A------------$308.80M$284.70M$297.30M$294.60M$297.80M$234.60M$248.90M$220.90M$235.10M$199.80M$187.00M$188.60M$175.90M$158.60M$136.40M$149.80M$129.00M$124.20M
Avg Forecast$507.16M$477.06M$453.86M$424.66M$429.00M$393.28M$380.84M$347.18M$368.05M$331.11M$347.16M$370.09M$339.83M$314.51M$281.55M$336.45M$271.15M$133.93M$233.46M$305.86M$233.45M$207.07M$184.65M$169.74M$185.10M$167.66M$139.45M$171.20M$147.61M$116.44M
High Forecast$512.87M$482.44M$458.97M$429.44M$433.84M$397.71M$385.13M$351.09M$372.19M$334.83M$351.07M$444.11M$343.66M$317.44M$284.72M$403.74M$274.20M$160.71M$236.09M$367.03M$236.09M$209.40M$186.73M$203.69M$187.19M$169.55M$141.02M$205.44M$149.28M$117.76M
Low Forecast$500.06M$470.39M$447.51M$418.72M$423.00M$387.77M$375.51M$342.32M$362.90M$326.62M$342.30M$296.07M$335.08M$311.63M$277.61M$269.16M$267.35M$107.14M$230.25M$244.69M$230.25M$204.22M$182.11M$135.79M$182.56M$165.36M$137.53M$136.96M$145.59M$114.84M
Surprise %------------0.91%0.91%1.06%0.88%1.10%1.75%1.07%0.72%1.01%0.96%1.01%1.11%0.95%0.95%0.98%0.88%0.87%1.07%

DexCom's average Quarter SG&A projection for Mar 24 is $370.09M, based on 1 Wall Street analysts, with a range of $296.07M to $444.11M. The forecast indicates a 19.85% rise compared to DXCM last annual SG&A of $308.80M (Dec 23).

DexCom EPS Forecast

Dec 26Sep 26Jun 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 19
# Analysts99991313131371571318159101681099139910101099
EPS-------------$0.31$0.30$0.13$0.24$0.26$0.13$0.25$-0.05$0.18$0.16$0.10$0.23$0.19$0.12$0.06$0.25$0.13
Avg Forecast$0.78$0.70$0.61$0.50$0.63$0.55$0.48$0.39$0.51$0.44$0.39$0.27$0.43$0.34$0.23$0.15$0.27$0.24$0.18$0.13$0.22$0.16$0.11$0.08$0.23$0.16$0.08$0.04$0.19$0.05
High Forecast$0.80$0.71$0.62$0.51$0.64$0.56$0.49$0.40$0.52$0.46$0.39$0.27$0.46$0.46$0.23$0.15$0.28$0.25$0.19$0.13$0.22$0.16$0.11$0.08$0.24$0.16$0.09$0.04$0.19$0.05
Low Forecast$0.77$0.68$0.60$0.49$0.62$0.54$0.47$0.38$0.51$0.40$0.38$0.26$0.39$0.26$0.22$0.14$0.27$0.24$0.18$0.13$0.21$0.16$0.11$0.08$0.23$0.16$0.08$0.04$0.18$0.05
Surprise %-------------0.91%1.33%0.89%0.88%1.06%0.71%1.91%-0.23%1.12%1.46%1.36%1.00%1.17%1.46%1.47%1.36%2.50%

According to 3 Wall Street analysts, DexCom's projected average Quarter EPS for Dec 23 is $0.43, with a low estimate of $0.39 and a high estimate of $0.46. This represents a 38.94% increase compared to DXCM previous annual EPS of $0.31 (Sep 23).

DexCom Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IARTIntegra LifeSciences$17.47$43.25147.57%Sell
TNDMTandem Diabetes Care$43.97$84.4492.04%Buy
INMDInMode$17.04$31.4084.27%Hold
EWEdwards Lifesciences$68.52$97.0941.70%Buy
ZBHZimmer Biomet$106.26$137.1729.09%Hold
MDTMedtronic$90.00$106.7718.63%Hold
DXCMDexCom$69.51$81.8617.77%Buy
PENPenumbra$186.94$218.8917.09%Hold
INSPInspire Medical Systems$203.99$237.8016.57%Buy
PODDInsulet$233.87$268.6014.85%Buy
ABTAbbott Laboratories$116.40$129.5011.25%Buy
SWAVShockWave Medical$334.75$258.17-22.88%Hold

DXCM Forecast FAQ


Yes, according to 13 Wall Street analysts, DexCom (DXCM) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 10 'Buy' recommendations, accounting for 84.62% of DXCM's total ratings.

DexCom (DXCM) average price target is $81.86 with a range of $28.12 to $146, implying a 17.77% from its last price of $69.51. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DXCM stock, the company can go up by 17.77% (from the last price of $69.51 to the average price target of $81.86), up by 110.04% based on the highest stock price target, and down by -59.54% based on the lowest stock price target.

DXCM's highest twelve months analyst stock price target of $146 supports the claim that DexCom can reach $100 in the near future.

2 Wall Street analysts forecast a $115 price target for DexCom (DXCM) this month, up 65.44% from its last price of $69.51. Compared to the last 3 and 12 months, the average price target increased by 64.36% and increased by 77.56%, respectively.

DexCom's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.63B (high $4.68B, low $4.57B), average EBITDA is $759.35M (high $767.9M, low $748.72M), average net income is $854.51M (high $867.02M, low $838.96M), average SG&A $1.55B (high $1.57B, low $1.53B), and average EPS is $2.05 (high $2.08, low $2.01). DXCM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.57B (high $5.63B, low $5.49B), average EBITDA is $912.39M (high $922.66M, low $899.62M), average net income is $1.08B (high $1.09B, low $1.06B), average SG&A $1.86B (high $1.88B, low $1.84B), and average EPS is $2.59 (high $2.62, low $2.54).

Based on DexCom's last annual report (Dec 2023), the company's revenue was $3.62B, beating the average analysts forecast of $3.52B by 3.00%. Apple's EBITDA was $916.7M, beating the average prediction of $577.66M by 58.69%. The company's net income was $541.5M, missing the average estimation of $563.84M by -3.96%. Apple's SG&A was $1.19B, missing the average forecast of $1.27B by -6.83%. Lastly, the company's EPS was $1.4, beating the average prediction of $1.14 by 22.45%. In terms of the last quarterly report (Dec 2023), DexCom's revenue was $1.03B, beating the average analysts' forecast of $1.02B by 1.89%. The company's EBITDA was $303.6M, beating the average prediction of $166.45M by 82.39%. DexCom's net income was $256.3M, beating the average estimation of $179.52M by 42.77%. The company's SG&A was $308.8M, missing the average forecast of $339.83M by -9.13%. Lastly, the company's EPS was $0, missing the average prediction of $0.431 by -100.00%