Penumbra (PEN) Stock Forecast, Price Target & Predictions


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PEN Stock Forecast


Penumbra stock forecast is as follows: an average price target of $218.89 (represents a 17.09% upside from PEN’s last price of $186.94) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

PEN Price Target


The average price target for Penumbra (PEN) is $218.89 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $297.00 to $150.00. This represents a potential 17.09% upside from PEN's last price of $186.94.

PEN Analyst Ratings


Hold

According to 13 Wall Street analysts, Penumbra's rating consensus is 'Hold'. The analyst rating breakdown for PEN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (46.15%), 7 'Hold' (53.85%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Penumbra Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2024Mike KratkyLeerink Partners$263.00$202.3229.99%40.69%
Jul 31, 2024Richard NewitterTruist Financial$200.00$173.0915.55%6.99%
Jul 31, 2024Larry BiegelsenWells Fargo$150.00$173.09-13.34%-19.76%
Jul 31, 2024Matt O'BrienPiper Sandler$200.00$173.0915.55%6.99%
Jul 31, 2024Ryan ZimmermanBTIG$187.00$173.098.04%0.03%
Jul 31, 2024Joanna WuenschCitigroup$178.00$173.092.84%-4.78%
Jul 15, 2024Kallum TitchmarshMorgan Stanley$210.00$190.8310.05%12.34%
Jul 15, 2024Ryan ZimmermanBTIG$232.00$190.8321.57%24.10%
Aug 02, 2023Richard NewitterTruist Financial$345.00$271.5627.04%84.55%
Feb 07, 2023-Deutsche Bank$297.00$267.1011.19%58.87%
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The latest Penumbra stock forecast, released on Sep 03, 2024 by Mike Kratky from Leerink Partners, set a price target of $263.00, which represents a 29.99% increase from the stock price at the time of the forecast ($202.32), and a 40.69% increase from PEN last price ($186.94).

Penumbra Price Target by Period


1M3M12M
# Anlaysts188
Avg Price Target$263.00$202.50$202.50
Last Closing Price$186.94$186.94$186.94
Upside/Downside40.69%8.32%8.32%

In the current month, the average price target of Penumbra stock is $263.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 40.69% increase as opposed to Penumbra's last price of $186.94. This month's average price target is up 29.88% compared to last quarter, and up 29.88% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024BTIGBuyBuyHold
Aug 22, 2024CitigroupNeutralNeutralHold
Jul 31, 2024Wells Fargo-Equal-WeightDowngrade
Jul 31, 2024Piper SandlerOverweightOverweightHold
Jul 31, 2024CitigroupBuyNeutralDowngrade
Jul 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 15, 2024BTIGBuyBuyHold
Apr 15, 2024BTIGBuyBuyHold
Mar 22, 2024Truist FinancialBuyBuyHold
Oct 02, 2023CitigroupBuyBuyHold
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Penumbra's last stock rating was published by BTIG on Aug 28, 2024. The company gave PEN a "Buy" rating, the same as its previous rate.

Penumbra Financial Forecast


Penumbra 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-------------$270.95M$261.50M$241.40M$221.22M$213.68M$208.34M$203.90M$204.01M$190.12M$184.26M$169.20M$166.90M$151.08M$105.11M$137.33M$145.26M$139.50M
Avg Forecast$430.83M$408.82M$409.64M$383.22M$362.72M$344.22M$339.03M$318.13M$312.58M$297.45M$298.24M$275.20M$286.62M$265.38M$253.59M$229.68M$217.33M$212.49M$206.24M$195.39M$194.29M$181.06M$170.77M$152.64M$155.40M$124.95M$100.74M$136.28M$141.40M$133.98M
High Forecast$438.10M$415.72M$416.55M$389.68M$368.85M$350.03M$344.75M$323.50M$317.85M$301.69M$303.28M$279.85M$289.63M$267.32M$257.87M$233.56M$221.00M$216.08M$209.61M$198.58M$197.47M$184.01M$173.57M$155.14M$157.94M$126.99M$102.39M$138.51M$143.71M$136.17M
Low Forecast$427.08M$405.26M$406.07M$379.88M$359.57M$341.22M$336.08M$315.36M$309.86M$294.98M$295.65M$272.81M$283.25M$264.12M$251.38M$227.68M$215.44M$210.64M$204.64M$193.88M$192.79M$179.65M$169.45M$151.46M$154.20M$123.98M$99.96M$135.23M$140.30M$132.94M
# Analysts999955556126471299555566669159988
Surprise %-------------1.02%1.03%1.05%1.02%1.01%1.01%1.04%1.05%1.05%1.08%1.11%1.07%1.21%1.04%1.01%1.03%1.04%

Penumbra's average Quarter revenue forecast for Dec 23 based on 7 analysts is $286.62M, with a low forecast of $283.25M, and a high forecast of $289.63M. PEN's average Quarter revenue forecast represents a 5.79% increase compared to the company's last Quarter revenue of $270.95M (Sep 23).

Penumbra 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
# Analysts999955556126471299555566669159988
EBITDA-------------$12.63M$17.89M$8.01M$4.83M$11.66M$5.79M$1.68M$-35.20M$12.23M$14.69M$16.85M$3.96M$-15.33M$-12.96M$2.75M$14.45M$15.50M
Avg Forecast$11.57M$10.98M$11.00M$10.29M$9.74M$9.25M$9.11M$8.54M$8.40M$7.99M$8.01M$980.22K$7.70M$7.13M$6.81M$1.05M$5.84M$15.38M$5.54M$1.12M$5.22M$4.86M$4.59M$16.85M$4.17M$3.36M$2.71M$4.18M$3.80M$3.60M
High Forecast$11.77M$11.17M$11.19M$10.47M$9.91M$9.40M$9.26M$8.69M$8.54M$8.10M$8.15M$1.18M$7.78M$7.18M$6.93M$1.26M$5.94M$18.46M$5.63M$1.35M$5.30M$4.94M$4.66M$20.22M$4.24M$3.41M$2.75M$5.01M$3.86M$3.66M
Low Forecast$11.47M$10.88M$10.91M$10.20M$9.66M$9.16M$9.03M$8.47M$8.32M$7.92M$7.94M$784.18K$7.61M$7.09M$6.75M$838.70K$5.79M$12.30M$5.50M$897.00K$5.18M$4.83M$4.55M$13.48M$4.14M$3.33M$2.68M$3.34M$3.77M$3.57M
Surprise %-------------1.77%2.63%7.64%0.83%0.76%1.05%1.50%-6.75%2.52%3.20%1.00%0.95%-4.57%-4.79%0.66%3.81%4.31%

7 analysts predict PEN's average Quarter EBITDA for Dec 23 to be $7.70M, with a high of $7.78M and a low of $7.61M. This is -39.02% lower than Penumbra's previous annual EBITDA (Sep 23) of $12.63M.

Penumbra 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
# Analysts999955556126471299555566669159988
Net Income-------------$9.21M$18.96M$8.56M$3.88M$-2.27M$-3.69M$79.00K$-24.63M$8.85M$9.23M$11.84M$3.65M$-8.81M$-11.96M$1.43M$9.69M$11.48M
Avg Forecast$53.83M$42.97M$38.25M$31.57M$43.22M$37.08M$34.07M$26.93M$33.85M$27.70M$21.56M$134.67K$27.11M$17.63M$10.85M$144.04K$5.67M$11.13M$-1.21M$154.05K$6.85M$6.28M$6.38M$11.84M$3.36M$-3.77M$-16.80M$2.16M$7.45M$6.55M
High Forecast$55.01M$43.91M$39.09M$32.26M$44.17M$37.89M$34.82M$27.52M$34.59M$33.16M$22.03M$161.61K$33.22M$20.76M$11.09M$172.84K$5.80M$13.35M$-1.20M$184.86K$7.00M$6.41M$6.52M$14.20M$3.43M$-3.73M$-16.63M$2.60M$7.61M$6.69M
Low Forecast$53.22M$42.48M$37.82M$31.21M$42.73M$36.66M$33.69M$26.62M$33.47M$25.36M$21.31M$107.74K$22.15M$15.67M$10.73M$115.23K$5.61M$8.90M$-1.24M$123.24K$6.78M$6.21M$6.32M$9.47M$3.32M$-3.85M$-17.16M$1.73M$7.37M$6.49M
Surprise %-------------0.52%1.75%59.44%0.68%-0.20%3.04%0.51%-3.60%1.41%1.45%1.00%1.09%2.34%0.71%0.66%1.30%1.75%

Penumbra's average Quarter net income forecast for Dec 23 is $27.11M, with a range of $22.15M to $33.22M. PEN's average Quarter net income forecast represents a 194.21% increase compared to the company's last Quarter net income of $9.21M (Sep 23).

Penumbra 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
# Analysts999955556126471299555566669159988
SG&A-------------$125.92M$127.44M$123.08M$115.63M$108.57M$114.61M$110.90M$113.50M$94.40M$90.64M$79.80M$76.60M$76.16M$59.85M$74.45M$74.69M$69.29M
Avg Forecast$217.64M$206.53M$206.94M$193.59M$183.24M$173.89M$171.27M$160.71M$157.91M$150.26M$150.66M$189.06M$144.79M$134.06M$128.11M$202.20M$109.79M$118.67M$104.19M$98.71M$98.15M$91.46M$86.27M$79.80M$78.51M$63.12M$50.89M$113.06M$71.43M$67.68M
High Forecast$221.32M$210.01M$210.43M$196.86M$186.33M$176.82M$174.16M$163.42M$160.57M$152.41M$153.21M$226.87M$146.31M$135.04M$130.27M$242.64M$111.64M$142.40M$105.89M$100.32M$99.76M$92.96M$87.68M$95.76M$79.79M$64.15M$51.73M$135.67M$72.60M$68.79M
Low Forecast$215.75M$204.73M$205.14M$191.91M$181.64M$172.38M$169.78M$159.31M$156.53M$149.02M$149.35M$151.24M$143.09M$133.42M$126.99M$161.76M$108.83M$94.94M$103.38M$97.94M$97.39M$90.76M$85.60M$63.84M$77.90M$62.63M$50.50M$90.44M$70.88M$67.16M
Surprise %-------------0.94%0.99%0.61%1.05%0.91%1.10%1.12%1.16%1.03%1.05%1.00%0.98%1.21%1.18%0.66%1.05%1.02%

Penumbra's average Quarter SG&A projection for Dec 23 is $144.79M, based on 7 Wall Street analysts, with a range of $143.09M to $146.31M. The forecast indicates a 14.99% rise compared to PEN last annual SG&A of $125.92M (Sep 23).

Penumbra 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
# Analysts999955556126471299555566669159988
EPS-------------$0.24$0.49$0.22$0.10$-0.06$-0.10-$-0.66$0.24$0.25$0.32$0.10$-0.24$-0.34$0.04$0.28$0.33
Avg Forecast$1.39$1.11$0.99$0.81$1.11$0.96$0.88$0.69$0.87$0.71$0.56$0.39$0.70$0.45$0.28$0.11$0.15$-0.00$-0.03$0.04$0.18$0.16$0.16$0.09$0.09$-0.10$-0.43$0.13$0.19$0.17
High Forecast$1.42$1.13$1.01$0.83$1.14$0.98$0.90$0.71$0.89$0.85$0.57$0.39$0.86$0.54$0.29$0.11$0.15$-0.00$-0.03$0.04$0.18$0.17$0.17$0.09$0.09$-0.10$-0.43$0.13$0.20$0.17
Low Forecast$1.37$1.10$0.97$0.80$1.10$0.94$0.87$0.69$0.86$0.65$0.55$0.38$0.57$0.40$0.28$0.11$0.14$-0.00$-0.03$0.04$0.17$0.16$0.16$0.09$0.09$-0.10$-0.44$0.13$0.19$0.17
Surprise %-------------0.53%1.75%2.02%0.68%15.58%3.12%0.05%-3.74%1.48%1.52%3.56%1.16%2.47%0.79%0.30%1.46%1.95%

According to 7 Wall Street analysts, Penumbra's projected average Quarter EPS for Dec 23 is $0.70, with a low estimate of $0.57 and a high estimate of $0.86. This represents a 191.17% increase compared to PEN previous annual EPS of $0.24 (Sep 23).

Penumbra Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TNDMTandem Diabetes Care$43.97$84.4492.04%Buy
IRTCiRhythm$76.61$144.2088.23%Buy
INMDInMode$17.04$31.4084.27%Hold
NARIInari Medical$46.52$72.8856.66%Buy
LIVNLivaNova$48.53$71.2546.82%Buy
MASIMasimo$112.80$158.4040.43%Buy
CNMDCONMED$75.40$101.0033.95%Buy
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
TMDXTransMedics Group$151.42$156.863.59%Buy
ITGRInteger$126.78$131.003.33%Buy
SWAVShockWave Medical$334.75$258.17-22.88%Hold

PEN Forecast FAQ


No, according to 13 Wall Street analysts, Penumbra (PEN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 46.15% of PEN's total ratings.

Penumbra (PEN) average price target is $218.89 with a range of $150 to $297, implying a 17.09% from its last price of $186.94. 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 PEN stock, the company can go up by 17.09% (from the last price of $186.94 to the average price target of $218.89), up by 58.87% based on the highest stock price target, and down by -19.76% based on the lowest stock price target.

PEN's average twelve months analyst stock price target of $218.89 does not support the claim that Penumbra can reach $300 in the near future.

1 Wall Street analyst forecast a $263 price target for Penumbra (PEN) this month, up 40.69% from its last price of $186.94. Compared to the last 3 and 12 months, the average price target increased by 8.32% and increased by 8.32%, respectively.

Penumbra's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.36B (high $1.39B, low $1.35B), average EBITDA is $36.64M (high $37.26M, low $36.32M), average net income is $141.3M (high $144.4M, low $139.7M), average SG&A $689.11M (high $700.73M, low $683.11M), and average EPS is $3.64 (high $3.72, low $3.6). PEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.63B (high $1.66B, low $1.62B), average EBITDA is $43.85M (high $44.59M, low $43.47M), average net income is $166.62M (high $170.28M, low $164.74M), average SG&A $824.7M (high $838.62M, low $817.52M), and average EPS is $4.3 (high $4.39, low $4.25).

Based on Penumbra's last annual report (Dec 2022), the company's revenue was $847.13M, beating the average analysts forecast of $831.45M by 1.89%. Apple's EBITDA was $6.08M, missing the average prediction of $27.88M by -78.18%. The company's net income was $-2.002M, missing the average estimation of $15.74M by -112.72%. Apple's SG&A was $449.72M, beating the average forecast of $431.35M by 4.26%. Lastly, the company's EPS was $-0.0529, missing the average prediction of $0.151 by -134.94%. In terms of the last quarterly report (Sep 2023), Penumbra's revenue was $270.95M, beating the average analysts' forecast of $265.38M by 2.10%. The company's EBITDA was $12.62M, beating the average prediction of $7.13M by 77.13%. Penumbra's net income was $9.21M, missing the average estimation of $17.63M by -47.72%. The company's SG&A was $125.92M, missing the average forecast of $134.06M by -6.07%. Lastly, the company's EPS was $0.24, missing the average prediction of $0.454 by -47.18%