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NASDAQ: AXNX
Axonics Inc Stock Forecast, Predictions & Price Target

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Analyst price target for AXNX

Based on 9 analysts offering 12 month price targets for Axonics Inc.
Min Forecast
$65.00-5.08%
Avg Forecast
$81.11+18.44%
Max Forecast
$92.00+34.35%

Should I buy or sell AXNX stock?

Based on 10 analysts offering ratings for Axonics Inc.
Strong Buy
Strong Buy
5 analysts 50%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AXNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Bottom 21%
21
Strong BuyMaintains$90.00+31.43%2022-11-01
Wells Fargo
Top 14%
87
Strong BuyMaintains$90.00+31.43%2022-11-01Find out why
RBC Capital
Bottom 16%
16
BuyInitiates Coverage On$85.00+24.12%2022-10-21
Truist Securities
Top 5%
96
Strong BuyMaintains$80.00+16.82%2022-10-17
Jefferies
Top 23%
78
HoldInitiates Coverage On$75.00+9.52%2022-10-12
Morgan Stanley
Bottom 41%
41
Strong BuyMaintains$92.00+34.35%2022-10-11
Needham
Bottom 1%
1
HoldDowngradesN/AN/A2022-10-10
Piper Sandler
Top 23%
78
Strong BuyMaintains$84.00+22.66%2022-10-05
Wolfe Research
Top 13%
88
BuyInitiates Coverage On$69.00+0.76%2022-04-06
SVB Leerink
Bottom 3%
3
BuyMaintains$65.00-5.08%2022-02-25

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Forecast return on equity

Is AXNX forecast to generate an efficient return?
Company
-7.57%
Industry
18.39%
Market
64.64%
AXNX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AXNX forecast to generate an efficient return on assets?
Company
-6.58%
Industry
12.91%
AXNX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AXNX earnings per share forecast

What is AXNX's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$1.86
Avg 2 year Forecast
-$1.28
Avg 3 year Forecast
-$0.61

AXNX revenue forecast

What is AXNX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$253.4M+5.2%
Avg 2 year Forecast
$312.8M+29.83%
Avg 3 year Forecast
$365.0M+51.51%
AXNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AXNX revenue growth forecast

How is AXNX forecast to perform vs Medical Devices companies and vs the US market?
Company
15.03%
Industry
4.51%
Market
6.8%
AXNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AXNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AXNX vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
AXNX$68.48$81.11+18.44%Strong Buy
INMD$38.39$46.67+21.56%Strong Buy
AHCO$22.31$28.75+28.87%Strong Buy
LIVN$55.37$86.00+55.32%Strong Buy
NARI$73.58$91.75+24.69%Strong Buy

Axonics Stock Forecast FAQ

Is Axonics Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: AXNX) stock is to Strong Buy AXNX stock.

Out of 10 analysts, 5 (50%) are recommending AXNX as a Strong Buy, 3 (30%) are recommending AXNX as a Buy, 2 (20%) are recommending AXNX as a Hold, 0 (0%) are recommending AXNX as a Sell, and 0 (0%) are recommending AXNX as a Strong Sell.

If you're new to stock investing, here's how to buy Axonics stock.

What is AXNX's earnings growth forecast for 2022-2024?

(NASDAQ: AXNX) Axonics's forecast annual earnings growth rate of N/A is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 22.93%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.59%.

Axonics's earnings in 2022 is -$75,529,000.On average, 4 Wall Street analysts forecast AXNX's earnings for 2022 to be -$92,125,746, with the lowest AXNX earnings forecast at -$96,583,443, and the highest AXNX earnings forecast at -$81,229,152. On average, 4 Wall Street analysts forecast AXNX's earnings for 2023 to be -$63,398,363, with the lowest AXNX earnings forecast at -$83,210,351, and the highest AXNX earnings forecast at -$47,548,772.

In 2024, AXNX is forecast to generate -$30,213,282 in earnings, with the lowest earnings forecast at -$34,175,680 and the highest earnings forecast at -$25,755,585.

What is AXNX's revenue growth forecast for 2022-2024?

(NASDAQ: AXNX) Axonics's forecast annual revenue growth rate of 15.03% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 4.51%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Axonics's revenue in 2022 is $240,919,000.On average, 3 Wall Street analysts forecast AXNX's revenue for 2022 to be $12,553,222,560, with the lowest AXNX revenue forecast at $12,516,223,672, and the highest AXNX revenue forecast at $12,601,118,042. On average, 3 Wall Street analysts forecast AXNX's revenue for 2023 to be $15,492,529,159, with the lowest AXNX revenue forecast at $15,203,620,838, and the highest AXNX revenue forecast at $15,914,722,632.

In 2024, AXNX is forecast to generate $18,079,529,074 in revenue, with the lowest revenue forecast at $17,837,921,876 and the highest revenue forecast at $18,321,136,273.

What is AXNX's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: AXNX) forecast ROA is -6.58%, which is lower than the forecast US Medical Devices industry average of 12.91%.

What is AXNX's Price Target?

According to 9 Wall Street analysts that have issued a 1 year AXNX price target, the average AXNX price target is $81.11, with the highest AXNX stock price forecast at $92.00 and the lowest AXNX stock price forecast at $65.00.

On average, Wall Street analysts predict that Axonics's share price could reach $81.11 by Nov 1, 2023. The average Axonics stock price prediction forecasts a potential upside of 18.44% from the current AXNX share price of $68.48.

What is AXNX's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: AXNX) Axonics's current Earnings Per Share (EPS) is -$1.64. On average, analysts forecast that AXNX's EPS will be -$1.86 for 2022, with the lowest EPS forecast at -$1.95, and the highest EPS forecast at -$1.64. On average, analysts forecast that AXNX's EPS will be -$1.28 for 2023, with the lowest EPS forecast at -$1.68, and the highest EPS forecast at -$0.96. In 2024, AXNX's EPS is forecast to hit -$0.61 (min: -$0.69, max: -$0.52).

What is AXNX's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: AXNX) forecast ROE is -7.57%, which is considered weak.
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