NeoGenomics (NEO) Stock Forecast, Price Target & Predictions


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NEO Stock Forecast


NeoGenomics stock forecast is as follows: an average price target of $23.00 (represents a 40.24% upside from NEO’s last price of $16.40) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

NEO Price Target


The average price target for NeoGenomics (NEO) is $23.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $15.00. This represents a potential 40.24% upside from NEO's last price of $16.40.

NEO Analyst Ratings


Buy

According to 8 Wall Street analysts, NeoGenomics's rating consensus is 'Buy'. The analyst rating breakdown for NEO stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

NeoGenomics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 30, 2024Mike MatsonNeedham$19.00$14.6429.78%15.85%
May 02, 2024Mark MassaroBTIG$21.00$13.9650.43%28.05%
Aug 21, 2023Mason CarricoStephens$18.00$14.0827.84%9.76%
Aug 17, 2022David WestenbergPiper Sandler$19.00$11.6463.23%15.85%
Aug 10, 2022-Morgan Stanley$18.00$11.6654.37%9.76%
Aug 10, 2022-Goldman Sachs$20.00$11.5972.56%21.95%
Aug 10, 2022-Needham$16.00$11.6836.99%-2.44%
Apr 28, 2022-Raymond James$15.00$10.4443.68%-8.54%
Jun 03, 2021Matthew SykesGoldman Sachs$55.00$40.1137.12%235.37%
May 25, 2021Sandy DraperGuggenheim$54.00$39.1737.86%229.27%
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The latest NeoGenomics stock forecast, released on Jul 30, 2024 by Mike Matson from Needham, set a price target of $19.00, which represents a 29.78% increase from the stock price at the time of the forecast ($14.64), and a 15.85% increase from NEO last price ($16.40).

NeoGenomics Price Target by Period


1M3M12M
# Anlaysts-12
Avg Price Target-$19.00$20.00
Last Closing Price$16.40$16.40$16.40
Upside/Downside-100.00%15.85%21.95%

In the current month, the average price target of NeoGenomics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NeoGenomics's last price of $16.40. 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
Jul 30, 2024NeedhamBuyBuyHold
May 02, 2024BTIGBuyBuyHold
Mar 18, 2024Piper SandlerBuyBuyHold
Feb 22, 2024Goldman SachsBuyBuyHold
Feb 21, 2024NeedhamBuyBuyHold
Feb 21, 2024Cowen & Co.UnderperformUnderperformHold
Dec 29, 2023Cowen & Co.OutperformOutperformHold
Dec 28, 2023Piper SandlerBuyBuyHold
Aug 21, 2023Stephens-OverweightUpgrade
May 09, 2023BTIG-BuyUpgrade
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NeoGenomics's last stock rating was published by Needham on Jul 30, 2024. The company gave NEO a "Buy" rating, the same as its previous rate.

NeoGenomics Financial Forecast


NeoGenomics 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-------------$151.95M$146.92M$137.22M$138.71M$128.78M$125.07M$117.17M$125.73M$121.34M$121.72M$115.53M$126.00M$125.44M$86.98M$106.03M$106.87M$104.67M
Avg Forecast$207.56M$198.17M$196.45M$186.82M$190.11M$182.52M$180.17M$171.70M$173.81M$167.01M$161.82M$149.85M$152.54M$141.67M$137.45M$129.27M$129.97M$121.54M$122.93M$116.71M$125.74M$124.56M$121.47M$112.14M$123.65M$126.22M$86.55M$105.24M$104.25M$99.38M
High Forecast$209.35M$199.88M$198.15M$188.44M$191.75M$184.10M$181.73M$173.18M$175.31M$168.24M$163.21M$151.14M$155.35M$145.93M$138.64M$130.38M$131.09M$122.59M$124.11M$117.84M$126.95M$125.76M$122.64M$113.22M$124.84M$127.44M$87.39M$106.25M$105.26M$100.34M
Low Forecast$203.74M$194.52M$192.84M$183.38M$186.61M$179.16M$176.85M$168.54M$170.61M$164.44M$158.84M$147.09M$148.65M$138.18M$134.92M$126.89M$127.57M$119.30M$121.34M$115.20M$124.11M$122.95M$119.89M$110.69M$122.05M$124.59M$85.43M$103.87M$102.90M$98.10M
# Analysts661211109871363361159544755107510101099
Surprise %-------------1.07%1.07%1.06%1.07%1.06%1.02%1.00%1.00%0.97%1.00%1.03%1.02%0.99%1.00%1.01%1.03%1.05%

NeoGenomics's average Quarter revenue forecast for Dec 23 based on 6 analysts is $152.54M, with a low forecast of $148.65M, and a high forecast of $155.35M. NEO's average Quarter revenue forecast represents a 0.39% increase compared to the company's last Quarter revenue of $151.95M (Sep 23).

NeoGenomics 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
# Analysts661211109871363361159544755107510101099
EBITDA-------------$-24.20M$-29.89M$-7.87M$-23.31M$-22.02M$-22.69M$-35.14M$-25.64M$-5.22M$85.04M$-10.82M$19.39M$13.68M$-3.10M$3.62M$10.40M$10.92M
Avg Forecast$3.49M$3.33M$3.30M$3.14M$3.20M$3.07M$3.03M$2.89M$2.92M$2.81M$2.72M$-51.40M$2.56M$2.38M$2.31M$-46.73M$2.18M$-5.27M$2.07M$-42.48M$2.11M$2.09M$2.04M$-58.44M$2.08M$2.12M$1.45M$9.78M$1.75M$1.67M
High Forecast$3.52M$3.36M$3.33M$3.17M$3.22M$3.09M$3.05M$2.91M$2.95M$2.83M$2.74M$-41.12M$2.61M$2.45M$2.33M$-37.38M$2.20M$-4.21M$2.09M$-33.98M$2.13M$2.11M$2.06M$-46.76M$2.10M$2.14M$1.47M$11.74M$1.77M$1.69M
Low Forecast$3.42M$3.27M$3.24M$3.08M$3.14M$3.01M$2.97M$2.83M$2.87M$2.76M$2.67M$-61.68M$2.50M$2.32M$2.27M$-56.07M$2.14M$-6.32M$2.04M$-50.97M$2.09M$2.07M$2.02M$-70.13M$2.05M$2.09M$1.44M$7.82M$1.73M$1.65M
Surprise %--------------10.16%-12.94%0.17%-10.67%4.18%-10.98%0.83%-12.13%-2.49%41.66%0.19%9.33%6.45%-2.13%0.37%5.94%6.54%

5 analysts predict NEO's average Quarter EBITDA for Sep 21 to be $2.09M, with a high of $2.11M and a low of $2.07M. This is -97.54% lower than NeoGenomics's previous annual EBITDA (Jun 21) of $85.04M.

NeoGenomics 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
# Analysts661211109871363361159544755107510101099
Net Income-------------$-18.52M$-24.33M$-30.80M$-22.69M$-36.85M$-35.30M$-49.41M$-41.76M$-20.35M$75.87M$-22.11M$15.42M$2.56M$-6.82M$-6.98M$6.30M$2.14M
Avg Forecast$14.98M$10.43M$11.15M$6.63M$9.69M$6.21M$6.61M$2.43M$4.33M$1.53M$-391.86K$-67.58M$-3.12M$-9.43M$-14.42M$-61.44M$-20.81M$-20.52M$-29.65M$-55.85M$-19.08M$-11.38M$-1.69M$-119.42M$7.55M$4.80M$-13.11M$-18.84M$8.13M$7.58M
High Forecast$15.15M$10.55M$11.27M$6.70M$9.80M$6.28M$6.69M$2.46M$8.67M$4.60M$-382.48K$-54.07M$-3.05M$-5.90M$-14.08M$-49.15M$-20.31M$-16.41M$-29.15M$-44.68M$-18.75M$-11.19M$-1.66M$-95.53M$7.64M$4.86M$-12.89M$-15.07M$8.23M$7.68M
Low Forecast$14.62M$10.18M$10.88M$6.47M$9.46M$6.07M$6.45M$2.37M$1.44M$-4.60M$-396.25K$-81.10M$-3.16M$-18.87M$-14.59M$-73.73M$-21.04M$-24.62M$-30.02M$-67.02M$-19.31M$-11.52M$-1.71M$-143.30M$7.42M$4.72M$-13.28M$-22.61M$7.99M$7.46M
Surprise %-------------1.96%1.69%0.50%1.09%1.80%1.19%0.88%2.19%1.79%-45.02%0.19%2.04%0.53%0.52%0.37%0.77%0.28%

NeoGenomics's average Quarter net income forecast for Sep 21 is $-11.38M, with a range of $-11.52M to $-11.19M. NEO's average Quarter net income forecast represents a -114.99% decrease compared to the company's last Quarter net income of $75.87M (Jun 21).

NeoGenomics 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
# Analysts661211109871363361159544755107510101099
SG&A-------------$79.10M$79.21M$77.81M$75.00M$81.09M$75.02M$82.55M$78.31M$79.54M$71.86M$54.23M$49.81M$47.43M$44.81M$49.60M$45.52M$44.56M
Avg Forecast$107.37M$102.51M$101.62M$96.64M$98.34M$94.42M$93.20M$88.82M$89.91M$86.39M$83.71M$112.91M$78.91M$73.29M$71.10M$102.65M$67.23M$80.21M$63.59M$93.31M$65.05M$64.44M$62.83M$58.01M$63.96M$65.30M$44.77M$54.44M$53.93M$51.41M
High Forecast$108.30M$103.40M$102.50M$97.48M$99.19M$95.23M$94.01M$89.59M$90.69M$87.03M$84.43M$135.49M$80.36M$75.49M$71.72M$123.17M$67.81M$96.25M$64.20M$111.98M$65.67M$65.06M$63.44M$58.57M$64.58M$65.93M$45.21M$54.96M$54.45M$51.91M
Low Forecast$105.39M$100.63M$99.75M$94.86M$96.53M$92.68M$91.49M$87.18M$88.26M$85.06M$82.17M$90.33M$76.90M$71.48M$69.79M$82.12M$65.99M$64.16M$62.77M$74.65M$64.20M$63.60M$62.02M$57.26M$63.14M$64.45M$44.20M$53.73M$53.23M$50.74M
Surprise %-------------1.08%1.11%0.76%1.12%1.01%1.18%0.88%1.20%1.23%1.14%0.93%0.78%0.73%1.00%0.91%0.84%0.87%

NeoGenomics's average Quarter SG&A projection for Dec 23 is $78.91M, based on 6 Wall Street analysts, with a range of $76.90M to $80.36M. The forecast indicates a -0.23% fall compared to NEO last annual SG&A of $79.10M (Sep 23).

NeoGenomics 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
# Analysts661211109871363361159544755107510101099
EPS-------------$-0.15$-0.19$-0.25$-0.18$-0.30$-0.28$-0.40$-0.34$-0.17$0.64$-0.19$0.14$0.02$-0.06$-0.07$0.06$0.02
Avg Forecast$0.12$0.08$0.09$0.05$0.08$0.05$0.05$0.02$0.03$0.01$-0.00$-0.04$-0.02$-0.07$-0.11$-0.14$-0.16$-0.21$-0.23$-0.24$-0.15$-0.09$-0.01$0.01$0.06$0.04$-0.10$0.02$0.06$0.06
High Forecast$0.12$0.08$0.09$0.05$0.08$0.05$0.05$0.02$0.07$0.04$-0.00$-0.04$-0.02$-0.05$-0.11$-0.14$-0.16$-0.20$-0.23$-0.23$-0.15$-0.09$-0.01$0.01$0.06$0.04$-0.10$0.02$0.07$0.06
Low Forecast$0.12$0.08$0.09$0.05$0.07$0.05$0.05$0.02$0.01$-0.04$-0.00$-0.04$-0.02$-0.15$-0.12$-0.14$-0.17$-0.21$-0.24$-0.24$-0.15$-0.09$-0.01$0.01$0.06$0.04$-0.11$0.02$0.06$0.06
Surprise %-------------2.01%1.67%1.79%1.09%1.46%1.19%1.68%2.25%1.89%-48.00%-21.26%2.34%0.53%0.61%-3.56%0.93%0.33%

According to 5 Wall Street analysts, NeoGenomics's projected average Quarter EPS for Sep 21 is $-0.09, with a low estimate of $-0.09 and a high estimate of $-0.09. This represents a -114.06% decrease compared to NEO previous annual EPS of $0.64 (Jun 21).

NeoGenomics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ACRSAclaris Therapeutics$1.18$25.002018.64%Buy
GHGuardant Health$26.79$57.27113.77%Buy
BDSXBiodesix$1.77$3.0069.49%Buy
CRLCharles River Laboratories$198.61$324.4663.37%Buy
NEONeoGenomics$16.40$23.0040.24%Buy
CSTLCastle Biosciences$31.18$38.0021.87%Buy
QGENQiagen$46.36$52.3712.96%Buy
IQVIQVIA$238.70$269.4312.87%Buy
NEOGNeogen$16.13$17.508.49%Buy
CDNACareDx$28.87$31.007.38%Buy
ICLRICON Public Limited Company$300.00$307.632.54%Buy
SHCSotera Health Company$16.80$16.930.77%Buy
MYGNMyriad Genetics$27.59$27.670.29%Hold
MTDMettler-Toledo$1.38K$1.36K-1.35%Hold
NTRANatera$126.51$114.38-9.59%Buy
TWSTTwist Bioscience$46.95$41.20-12.25%Buy
OLKOlink AB (publ)$26.08$21.50-17.56%Hold

NEO Forecast FAQ


Yes, according to 8 Wall Street analysts, NeoGenomics (NEO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of NEO's total ratings.

NeoGenomics (NEO) average price target is $23 with a range of $15 to $54, implying a 40.24% from its last price of $16.4. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NEO stock, the company can go up by 40.24% (from the last price of $16.4 to the average price target of $23), up by 229.27% based on the highest stock price target, and down by -8.54% based on the lowest stock price target.

NEO's average twelve months analyst stock price target of $23 supports the claim that NeoGenomics can reach $20 in the near future.

NeoGenomics's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $724.5M (high $730.75M, low $711.16M), average EBITDA is $12.18M (high $12.28M, low $11.95M), average net income is $24.95M (high $25.23M, low $24.35M), average SG&A $374.78M (high $378.02M, low $367.88M), and average EPS is $0.197 (high $0.2, low $0.193). NEO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $789.01M (high $795.82M, low $774.48M), average EBITDA is $13.26M (high $13.38M, low $13.02M), average net income is $43.19M (high $43.67M, low $42.15M), average SG&A $408.15M (high $411.67M, low $400.64M), and average EPS is $0.342 (high $0.345, low $0.333).

Based on NeoGenomics's last annual report (Dec 2022), the company's revenue was $509.73M, beating the average analysts forecast of $491.15M by 3.78%. Apple's EBITDA was $-83.89M, beating the average prediction of $-43.493M by 92.88%. The company's net income was $-144M, beating the average estimation of $-127M by 13.74%. Apple's SG&A was $310.68M, beating the average forecast of $304.34M by 2.08%. Lastly, the company's EPS was $-1.16, beating the average prediction of $-0.843 by 37.61%. In terms of the last quarterly report (Sep 2023), NeoGenomics's revenue was $151.95M, beating the average analysts' forecast of $141.67M by 7.26%. The company's EBITDA was $-24.195M, missing the average prediction of $2.38M by -1116.13%. NeoGenomics's net income was $-18.516M, beating the average estimation of $-9.433M by 96.30%. The company's SG&A was $79.1M, beating the average forecast of $73.29M by 7.93%. Lastly, the company's EPS was $-0.15, beating the average prediction of $-0.0746 by 101.01%