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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 $230.25 (represents a -5.07% downside from PEN’s last price of $242.54) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

PEN Price Target

The average price target for Penumbra (PEN) is $230.25 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $275.00 to $178.00. This represents a potential -5.07% downside from PEN's last price of $242.54.

PEN Analyst Ratings

Buy

According to 14 Wall Street analysts, Penumbra's rating consensus is 'Buy'. The analyst rating breakdown for PEN stock is 0 'Strong Buy' (0.00%), 8 'Buy' (57.14%), 6 'Hold' (42.86%), 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
Dec 11, 2024Larry BiegelsenWells Fargo$275.00$253.668.41%13.38%
Oct 31, 2024Matt O'BrienPiper Sandler$235.00$211.2911.22%-3.11%
Oct 31, 2024Pito ChickeringDeutsche Bank$241.00$211.2914.06%-0.63%
Oct 18, 2024Matt O'BrienPiper Sandler$225.00$202.2611.24%-7.23%
Oct 16, 2024Jason MillsCanaccord Genuity$235.00$206.6213.74%-3.11%
Oct 15, 2024David RescottRobert W. Baird$244.00$211.3615.44%0.60%
Oct 14, 2024Richard NewitterTruist Financial$235.00$214.929.34%-3.11%
Oct 08, 2024Shagun SinghRBC Capital$222.00$190.8116.35%-8.47%
Sep 17, 2024Matthew BlackmanStifel Nicolaus$238.00$187.0627.23%-1.87%
Sep 03, 2024Mike KratkyLeerink Partners$263.00$202.3229.99%8.44%
Jul 31, 2024Richard NewitterTruist Financial$200.00$173.0915.55%-17.54%
Jul 31, 2024Larry BiegelsenWells Fargo$150.00$173.09-13.34%-38.15%
Jul 31, 2024Matt O'BrienPiper Sandler$200.00$173.0915.55%-17.54%
Jul 31, 2024Ryan ZimmermanBTIG$187.00$173.098.04%-22.90%
Jul 31, 2024Joanna WuenschCitigroup$178.00$173.092.84%-26.61%
Jul 15, 2024Kallum TitchmarshMorgan Stanley$210.00$190.8310.05%-13.42%
Jul 15, 2024Ryan ZimmermanBTIG$232.00$190.8321.57%-4.35%
Aug 02, 2023Richard NewitterTruist Financial$345.00$271.5627.04%42.24%
Feb 07, 2023Deutsche Bank$297.00$267.1011.19%22.45%
Feb 01, 2023J.P. Morgan$285.00$254.3412.05%17.51%
Dec 12, 2022Citigroup$270.00$217.2224.30%11.32%
May 04, 2022Wells Fargo$265.00$169.1256.69%9.26%
Apr 19, 2022Deutsche Bank$250.00$207.5220.47%3.08%

The latest Penumbra stock forecast, released on Dec 11, 2024 by Larry Biegelsen from Wells Fargo, set a price target of $275.00, which represents a 8.41% increase from the stock price at the time of the forecast ($253.66), and a 13.38% increase from PEN last price ($242.54).

Penumbra Price Target by Period

1M3M12M
# Anlaysts1817
Avg Price Target$275.00$239.00$221.76
Last Closing Price$242.54$242.54$242.54
Upside/Downside13.38%-1.46%-8.57%

In the current month, the average price target of Penumbra stock is $275.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.38% increase as opposed to Penumbra's last price of $242.54. This month's average price target is up 15.06% compared to last quarter, and up 24.01% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 11, 2024Wells FargoEqual-WeightOverweightUpgrade
Oct 31, 2024RBC CapitalOutperformOutperformHold
Oct 31, 2024Deutsche BankBuyBuyHold
Oct 18, 2024Piper SandlerOverweightOverweightHold
Oct 16, 2024Canaccord GenuityBuyBuyHold
Oct 15, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 14, 2024BTIGBuyBuyHold
Oct 08, 2024RBC CapitalOutperformOutperformHold
Aug 28, 2024BTIGBuyBuyHold
Aug 22, 2024CitigroupNeutralNeutralHold
Jul 31, 2024Wells FargoEqual-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
Aug 02, 2023NeedhamHoldHoldHold
Feb 07, 2023Deutsche BankBuyBuyHold
Dec 12, 2022CitigroupBuyBuyHold
Nov 04, 2022CitigroupNeutralBuyUpgrade
Oct 12, 2022OppenheimerPerformInitialise
Oct 12, 2022Credit SuisseOutperformInitialise
Oct 12, 2022CitigroupBuyNeutralInitialise
Oct 12, 2022WedbushNeutralInitialise
Oct 12, 2022Redburn PartnersNeutralInitialise
Oct 12, 2022JefferiesHoldInitialise
Sep 09, 2022NeedhamBuyUpgrade
Jul 18, 2022RBC CapitalOutperformInitialise
Feb 23, 2022CitigroupBuyBuyHold

Penumbra's last stock rating was published by Wells Fargo on Dec 11, 2024. The company Upgrade its PEN rating from "Equal-Weight" to "Overweight".

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$405.09M$391.81M$387.39M$361.01M$360.92M$345.48M$338.12M$316.48M$311.34M$297.36M$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$412.45M$398.93M$394.43M$367.57M$367.48M$351.76M$344.27M$320.91M$316.18M$298.19M$298.24M$275.40M$289.63M$267.32M$258.20M$233.86M$221.28M$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
Low Forecast$394.83M$381.89M$377.58M$351.87M$351.78M$336.74M$329.57M$309.44M$307.97M$296.53M$298.24M$275.01M$283.25M$264.12M$247.17M$223.87M$211.83M$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
# Analysts334545271263471299555566669159988
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
# Analysts334545271263471299555566669159988
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$13.80M$13.35M$13.20M$12.30M$12.30M$11.77M$11.52M$10.79M$10.61M$10.13M$10.16M$980.22K$9.77M$9.04M$8.64M$1.05M$-53.86M$5.71M$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$14.06M$13.59M$13.44M$12.53M$12.52M$11.99M$11.73M$10.94M$10.78M$10.16M$10.16M$1.18M$9.87M$9.11M$8.80M$1.26M$-43.09M$5.71M$5.54M$1.35M$5.22M$4.86M$4.59M$20.22M$4.17M$3.36M$2.71M$5.01M$3.80M$3.60M
Low Forecast$13.46M$13.01M$12.87M$11.99M$11.99M$11.48M$11.23M$10.55M$10.50M$10.11M$10.16M$784.18K$9.65M$9.00M$8.42M$838.70K$-64.63M$5.71M$5.54M$897.00K$5.22M$4.86M$4.59M$13.48M$4.17M$3.36M$2.71M$3.34M$3.80M$3.60M
Surprise %-------------1.40%2.07%7.64%-0.09%2.04%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 $9.77M, with a high of $9.87M and a low of $9.65M. This is -22.63% 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
# Analysts334545271263471299555566669159988
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$57.29M$48.32M$41.81M$34.92M$44.95M$40.62M$36.64M$28.86M$35.18M$26.92M$21.77M$134.67K$27.38M$17.80M$10.96M$144.04K$-37.69M$-149.16K$-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$58.64M$49.46M$42.79M$35.75M$46.01M$41.58M$37.51M$36.51M$41.75M$27.52M$21.78M$161.61K$33.55M$20.96M$11.22M$172.84K$-30.15M$-149.16K$-1.21M$184.86K$6.85M$6.28M$6.38M$14.20M$3.36M$-3.77M$-16.80M$2.60M$7.45M$6.55M
Low Forecast$55.40M$46.73M$40.43M$33.77M$43.47M$39.29M$35.44M$24.34M$30.93M$26.31M$21.76M$107.74K$22.36M$15.82M$10.60M$115.23K$-45.23M$-149.16K$-1.21M$123.24K$6.85M$6.28M$6.38M$9.47M$3.36M$-3.77M$-16.80M$1.73M$7.45M$6.55M
Surprise %-------------0.52%1.73%59.44%-0.10%15.23%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 $27.38M, with a range of $22.36M to $33.55M. PEN's average Quarter net income forecast represents a 197.13% 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
# Analysts334545271263471299555566669159988
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$204.64M$197.93M$195.70M$182.37M$182.33M$174.53M$170.81M$159.88M$157.28M$150.22M$150.66M$189.06M$144.79M$134.06M$128.11M$202.20M$173.65M$107.34M$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$208.36M$201.53M$199.26M$185.69M$185.64M$177.70M$173.92M$162.11M$159.73M$150.64M$150.66M$226.87M$146.31M$135.04M$130.44M$242.64M$208.39M$107.34M$104.19M$98.71M$98.15M$91.46M$86.27M$95.76M$78.51M$63.12M$50.89M$135.67M$71.43M$67.68M
Low Forecast$199.46M$192.92M$190.75M$177.75M$177.71M$170.11M$166.49M$156.32M$155.58M$149.80M$150.66M$151.24M$143.09M$133.42M$124.87M$161.76M$138.92M$107.34M$104.19M$98.71M$98.15M$91.46M$86.27M$63.84M$78.51M$63.12M$50.89M$90.44M$71.43M$67.68M
Surprise %-------------0.94%0.99%0.61%0.67%1.01%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
# Analysts334545271263471299555566669159988
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$1.46$1.23$1.07$0.89$1.15$1.04$0.94$0.74$0.90$0.69$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$1.50$1.26$1.09$0.91$1.17$1.06$0.96$0.93$1.07$0.70$0.56$0.39$0.86$0.54$0.29$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
Low Forecast$1.41$1.19$1.03$0.86$1.11$1.00$0.90$0.62$0.79$0.67$0.56$0.38$0.57$0.40$0.27$0.11$0.14$-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
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
TMDXTransMedics Group$65.71$116.3377.04%Buy
TNDMTandem Diabetes Care$34.23$51.4350.25%Buy
LIVNLivaNova$49.94$68.2536.66%Buy
CNMDCONMED$71.23$97.0036.18%Buy
DXCMDexCom$77.80$104.5034.32%Buy
INMDInMode$17.83$21.7521.99%Hold
IRTCiRhythm$91.45$111.3821.79%Buy
INSPInspire Medical Systems$190.71$223.1717.02%Buy
NARIInari Medical$56.16$64.0013.96%Buy
ITGRInteger$136.68$153.5012.31%Buy
PODDInsulet$263.35$268.001.77%Buy
MASIMasimo$174.07$168.33-3.30%Buy
PENPenumbra$247.55$230.25-6.99%Buy

PEN Forecast FAQ

Is Penumbra a good buy?

Yes, according to 14 Wall Street analysts, Penumbra (PEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 57.14% of PEN's total ratings.

What is PEN's price target?

Penumbra (PEN) average price target is $230.25 with a range of $178 to $275, implying a -5.07% from its last price of $242.54. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Penumbra stock go up soon?

According to Wall Street analysts' prediction for PEN stock, the company can go down by -5.07% (from the last price of $242.54 to the average price target of $230.25), up by 13.38% based on the highest stock price target, and down by -26.61% based on the lowest stock price target.

Can Penumbra stock reach $400?

PEN's average twelve months analyst stock price target of $230.25 does not support the claim that Penumbra can reach $400 in the near future.

What is Penumbra's current price target trend?

1 Wall Street analyst forecast a $275 price target for Penumbra (PEN) this month, up 13.38% from its last price of $242.54. Compared to the last 3 and 12 months, the average price target decreased by -1.46% and decreased by -8.57%, respectively.

What are Penumbra's analysts' financial forecasts?

Penumbra's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.36B (high $1.38B, low $1.33B), average EBITDA is $46.38M (high $47.18M, low $45.24M), average net income is $151.08M (high $161.61M, low $142.53M), average SG&A $687.54M (high $699.37M, low $670.63M), and average EPS is $3.86 (high $4.13, low $3.64). PEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.55B (high $1.57B, low $1.51B), average EBITDA is $52.66M (high $53.62M, low $51.33M), average net income is $182.34M (high $186.64M, low $176.34M), average SG&A $780.64M (high $794.83M, low $760.88M), and average EPS is $4.65 (high $4.76, low $4.5).

Did the PEN's actual financial results beat the analysts' financial forecasts?

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 $-41.49M by -114.66%. The company's net income was $-2.002M, missing the average estimation of $-38.896M by -94.85%. Apple's SG&A was $449.72M, missing the average forecast of $483.89M by -7.06%. 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 $9.04M by 39.60%. Penumbra's net income was $9.21M, missing the average estimation of $17.8M by -48.24%. 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%