Bio-Techne (TECH) Stock Forecast, Price Target & Predictions


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TECH Stock Forecast


Bio-Techne stock forecast is as follows: an average price target of $99.21 (represents a 31.79% upside from TECH’s last price of $75.28) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

TECH Price Target


The average price target for Bio-Techne (TECH) is $99.21 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $83.00. This represents a potential 31.79% upside from TECH's last price of $75.28.

TECH Analyst Ratings


Buy

According to 6 Wall Street analysts, Bio-Techne's rating consensus is 'Buy'. The analyst rating breakdown for TECH stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).

Bio-Techne Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 16, 2024Sung Ji NamScotiabank$83.00$74.1911.87%10.26%
Dec 14, 2022-Deutsche Bank$100.00$86.9814.97%32.84%
Dec 12, 2022-Citigroup$100.00$80.7323.87%32.84%
Dec 07, 2022-RBC Capital$89.00$80.6710.33%18.23%
Dec 05, 2022-Stephens$105.00$82.4427.37%39.48%
May 05, 2022Paul KnightKeyBanc$125.00$98.9626.31%66.05%
Apr 25, 2022-Wells Fargo$92.50$100.75-8.19%22.87%
May 06, 2021Patrick B DonnellyCitigroup$106.25$102.453.71%41.14%
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The latest Bio-Techne stock forecast, released on Aug 16, 2024 by Sung Ji Nam from Scotiabank, set a price target of $83.00, which represents a 11.87% increase from the stock price at the time of the forecast ($74.19), and a 10.26% increase from TECH last price ($75.28).

Bio-Techne Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$83.00$83.00
Last Closing Price$75.28$75.28$75.28
Upside/Downside-100.00%10.26%10.26%

In the current month, the average price target of Bio-Techne stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bio-Techne's last price of $75.28. 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
Aug 16, 2024ScotiabankSector OutperformSector OutperformHold
Aug 13, 2024RBC CapitalSector PerformSector PerformHold
May 22, 2024Deutsche BankBuyBuyHold
May 22, 2024CitigroupBuyNeutralDowngrade
May 02, 2024ScotiabankOutperformOutperformHold
Feb 02, 2024RBC CapitalSector PerformSector PerformHold
Aug 28, 2023William Blair-OutperformInitialise
Dec 14, 2022Deutsche Bank-BuyInitialise
Dec 12, 2022Citigroup-BuyUpgrade
Dec 07, 2022RBC Capital-Sector PerformInitialise
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Bio-Techne's last stock rating was published by Scotiabank on Aug 16, 2024. The company gave TECH a "Sector Outperform" rating, the same as its previous rate.

Bio-Techne Financial Forecast


Bio-Techne Revenue Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$272.60M$276.94M$301.32M$294.15M$271.58M$269.65M-$290.38M$269.28M$257.72M$259.03M$243.55M$224.25M$204.20M$175.83M$194.68M
Avg Forecast$404.33M$383.23M$339.97M$332.40M$361.53M$348.68M$311.58M$304.58M$329.47M$319.82M$284.91M$280.84M$306.49M$292.15M$277.55M$287.66M$307.22M$296.61M$288.80M$281.83M$286.71M$279.27M$266.44M$252.78M$244.65M$228.22M$206.50M$185.03M$163.91M$185.93M
High Forecast$414.48M$392.86M$348.51M$340.75M$370.61M$357.44M$319.41M$312.23M$337.75M$327.85M$292.06M$285.67M$314.19M$299.49M$285.67M$292.69M$314.94M$304.06M$296.05M$288.91M$286.71M$284.23M$271.17M$257.27M$249.00M$232.27M$210.17M$188.32M$166.82M$189.23M
Low Forecast$396.21M$375.54M$333.15M$325.73M$354.27M$341.69M$305.33M$298.47M$322.86M$313.40M$279.19M$277.93M$300.34M$286.29M$271.57M$282.89M$301.05M$290.66M$283.00M$276.17M$286.71M$275.56M$262.90M$249.42M$241.40M$225.19M$203.76M$182.58M$161.73M$183.46M
# Analysts54545443435854511595448655710101010
Surprise %--------------0.98%0.96%0.98%0.99%0.94%0.96%-1.04%1.01%1.02%1.06%1.07%1.09%1.10%1.07%1.05%

Bio-Techne's average Quarter revenue forecast for Mar 24 based on 4 analysts is $292.15M, with a low forecast of $286.29M, and a high forecast of $299.49M. TECH's average Quarter revenue forecast represents a 7.17% increase compared to the company's last Quarter revenue of $272.60M (Dec 23).

Bio-Techne EBITDA Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts54545443435854511595448655710101010
EBITDA--------------$38.00M$84.40M$121.45M$107.18M$94.59M$82.96M-$115.81M$122.30M$96.16M$35.39M$69.50M$80.97M$64.84M$87.13M$72.42M
Avg Forecast$121.27M$114.95M$101.97M$99.70M$108.44M$104.58M$93.45M$91.35M$98.82M$95.93M$85.45M$84.23M$91.93M$100.87M$83.25M$86.28M$92.15M$91.70M$86.62M$104.40M$79.73M$83.37M$116.15M$94.91M$30.58M$58.74M$66.19M$44.62M$58.09M$57.30M
High Forecast$124.32M$117.83M$104.53M$102.20M$111.16M$107.21M$95.80M$93.65M$101.30M$98.34M$87.60M$85.68M$94.24M$121.05M$85.68M$87.79M$94.46M$110.04M$88.80M$125.28M$79.73M$100.04M$139.38M$113.89M$36.69M$70.48M$79.43M$53.54M$69.71M$68.76M
Low Forecast$118.84M$112.64M$99.92M$97.70M$106.26M$102.48M$91.58M$89.52M$96.84M$94.00M$83.74M$83.36M$90.08M$80.70M$81.45M$84.85M$90.30M$73.36M$84.88M$83.52M$79.73M$66.69M$92.92M$75.93M$24.46M$46.99M$52.95M$35.69M$46.47M$45.84M
Surprise %--------------0.46%0.98%1.32%1.17%1.09%0.79%-1.39%1.05%1.01%1.16%1.18%1.22%1.45%1.50%1.26%

4 analysts predict TECH's average Quarter EBITDA for Mar 24 to be $100.87M, with a high of $121.05M and a low of $80.70M. This is 165.43% upper than Bio-Techne's previous annual EBITDA (Dec 23) of $38.00M.

Bio-Techne Net Income Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts54545443435854511595448655710101010
Net Income--------------$27.46M$50.99M$75.48M$70.22M$50.01M$89.56M-$60.74M$72.06M$69.61M$14.96M$45.78M$46.27M$33.40M$58.84M$36.43M
Avg Forecast$114.92M$104.03M$80.77M$76.97M$101.18M$94.61M$73.04M$70.81M$89.65M$83.65M$62.14M$61.56M$79.51M$64.67M$66.22M$69.83M$87.80M$58.80M$78.42M$75.58M$83.31M$53.45M$76.14M$68.71M$12.92M$38.69M$37.83M$22.98M$39.23M$28.83M
High Forecast$118.67M$107.42M$83.41M$79.48M$104.49M$97.70M$75.42M$73.12M$92.57M$86.38M$64.17M$64.81M$82.10M$77.61M$70.95M$76.18M$90.67M$70.55M$80.98M$90.70M$83.31M$64.14M$91.37M$82.45M$15.51M$46.43M$45.40M$27.57M$47.08M$34.59M
Low Forecast$111.92M$101.31M$78.66M$74.96M$98.54M$92.14M$71.13M$68.96M$87.31M$81.47M$60.52M$58.32M$77.43M$51.74M$61.49M$65.07M$85.51M$47.04M$76.37M$60.47M$83.31M$42.76M$60.91M$54.97M$10.34M$30.95M$30.26M$18.38M$31.38M$23.06M
Surprise %--------------0.41%0.73%0.86%1.19%0.64%1.18%-1.14%0.95%1.01%1.16%1.18%1.22%1.45%1.50%1.26%

Bio-Techne's average Quarter net income forecast for Mar 24 is $64.67M, with a range of $51.74M to $77.61M. TECH's average Quarter net income forecast represents a 135.48% increase compared to the company's last Quarter net income of $27.46M (Dec 23).

Bio-Techne SG&A Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts54545443435854511595448655710101010
SG&A--------------$115.67M$105.33M$86.75M$99.24M$93.01M$99.38M-$89.27M$100.69M$86.17M$51.61M$82.60M$83.12M$72.60M$65.80M$66.32M
Avg Forecast$140.47M$133.14M$118.11M$115.48M$125.60M$121.14M$108.25M$105.82M$114.46M$111.11M$98.98M$97.57M$106.48M$95.05M$96.42M$99.94M$106.73M$86.41M$100.33M$93.56M$99.89M$78.56M$95.63M$85.06M$44.59M$69.81M$67.95M$49.95M$43.86M$52.48M
High Forecast$144.00M$136.49M$121.08M$118.38M$128.76M$124.18M$110.97M$108.47M$117.34M$113.90M$101.47M$99.25M$109.15M$114.06M$99.25M$101.69M$109.41M$103.69M$102.85M$112.27M$99.89M$94.27M$114.76M$102.07M$53.51M$83.77M$81.54M$59.94M$52.64M$62.97M
Low Forecast$137.65M$130.47M$115.74M$113.16M$123.08M$118.71M$106.08M$103.69M$112.17M$108.88M$96.99M$96.56M$104.34M$76.04M$94.35M$98.28M$104.59M$69.13M$98.32M$74.85M$99.89M$62.85M$76.50M$68.04M$35.67M$55.85M$54.36M$39.96M$35.09M$41.98M
Surprise %--------------1.20%1.05%0.81%1.15%0.93%1.06%-1.14%1.05%1.01%1.16%1.18%1.22%1.45%1.50%1.26%

Bio-Techne's average Quarter SG&A projection for Mar 24 is $95.05M, based on 4 Wall Street analysts, with a range of $76.04M to $114.06M. The forecast indicates a -17.82% fall compared to TECH last annual SG&A of $115.67M (Dec 23).

Bio-Techne EPS Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts54545443435854511595448655710101010
EPS--------------$0.17$0.32$0.48$0.45$0.32$0.57-$0.39$0.46$0.42$0.09$0.28$0.29$0.21$0.37$0.23
Avg Forecast$0.72$0.65$0.50$0.48$0.63$0.59$0.45$0.44$0.56$0.52$0.39$0.38$0.49$0.45$0.41$0.43$0.55$0.53$0.49$0.46$0.52$0.50$0.45$0.43$0.43$0.39$0.34$0.28$0.19$0.29
High Forecast$0.74$0.67$0.52$0.49$0.65$0.61$0.47$0.46$0.58$0.54$0.40$0.40$0.51$0.47$0.44$0.47$0.56$0.55$0.50$0.47$0.52$0.51$0.46$0.44$0.44$0.40$0.35$0.28$0.19$0.29
Low Forecast$0.70$0.63$0.49$0.47$0.61$0.57$0.44$0.43$0.54$0.51$0.38$0.36$0.48$0.44$0.38$0.41$0.53$0.51$0.48$0.45$0.52$0.49$0.44$0.42$0.42$0.38$0.34$0.27$0.18$0.28
Surprise %--------------0.41%0.74%0.88%0.85%0.66%1.25%-0.78%1.03%0.98%0.21%0.73%0.84%0.76%1.97%0.80%

According to 4 Wall Street analysts, Bio-Techne's projected average Quarter EPS for Mar 24 is $0.45, with a low estimate of $0.44 and a high estimate of $0.47. This represents a 166.34% increase compared to TECH previous annual EPS of $0.17 (Dec 23).

Bio-Techne Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
VTYXVentyx Biosciences$2.32$33.861359.48%Buy
REPLReplimune Group$11.03$24.20119.40%Buy
APLSApellis Pharmaceuticals$35.53$75.38112.16%Buy
LQDALiquidia$9.78$17.1775.56%Buy
AKROAkero Therapeutics$26.64$46.0072.67%Buy
LEGNLegend Biotech$51.17$78.7853.96%Buy
BMRNBioMarin Pharmaceutical$70.55$107.7452.71%Buy
TVTXTravere Therapeutics$14.40$21.6050.00%Buy
TECHBio-Techne$75.28$99.2131.79%Buy
ASNDAscendis Pharma$146.59$189.0728.98%Buy
BGNEBeiGene$197.51$247.7525.44%Buy
BPMCBlueprint Medicines$86.51$101.5017.33%Buy
PCVXVaxcyte$116.75$124.146.33%Buy
NUVLNuvalent$104.75$109.404.44%Buy
EXELExelixis$27.60$28.302.54%Buy
HALOHalozyme Therapeutics$61.93$56.86-8.19%Buy
ALNYAlnylam Pharmaceuticals$274.46$250.16-8.85%Buy
UTHRUnited Therapeutics$345.02$312.50-9.43%Buy

TECH Forecast FAQ


Yes, according to 6 Wall Street analysts, Bio-Techne (TECH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of TECH's total ratings.

Bio-Techne (TECH) average price target is $99.21 with a range of $83 to $125, implying a 31.79% from its last price of $75.28. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TECH stock, the company can go up by 31.79% (from the last price of $75.28 to the average price target of $99.21), up by 66.05% based on the highest stock price target, and up by 10.26% based on the lowest stock price target.

TECH's highest twelve months analyst stock price target of $125 supports the claim that Bio-Techne can reach $110 in the near future.

Bio-Techne's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.33B (high $1.36B, low $1.3B), average EBITDA is $397.83M (high $407.82M, low $389.84M), average net income is $339.64M (high $350.73M, low $330.78M), average SG&A $460.8M (high $472.38M, low $451.55M), and average EPS is $2.11 (high $2.18, low $2.06). TECH's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.46B (high $1.5B, low $1.43B), average EBITDA is $437.89M (high $448.89M, low $429.1M), average net income is $376.68M (high $388.98M, low $366.85M), average SG&A $507.2M (high $519.95M, low $497.03M), and average EPS is $2.34 (high $2.42, low $2.28).

Based on Bio-Techne's last annual report (Jun 2023), the company's revenue was $1.14B, which missed the average analysts forecast of $1.46B by -22.21%. Apple's EBITDA was $406.18M, missing the average prediction of $454.61M by -10.65%. The company's net income was $285.26M, missing the average estimation of $383.9M by -25.69%. Apple's SG&A was $378.38M, missing the average forecast of $486.93M by -22.29%. Lastly, the company's EPS was $1.81, missing the average prediction of $2.54 by -28.72%. In terms of the last quarterly report (Dec 2023), Bio-Techne's revenue was $272.6M, missing the average analysts' forecast of $277.55M by -1.78%. The company's EBITDA was $38M, missing the average prediction of $83.25M by -54.35%. Bio-Techne's net income was $27.46M, missing the average estimation of $66.22M by -58.52%. The company's SG&A was $115.67M, beating the average forecast of $96.42M by 19.96%. Lastly, the company's EPS was $0.17, missing the average prediction of $0.412 by -58.76%