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NASDAQ: EDIT
Editas Medicine Inc Stock Forecast, Predictions & Price Target

Analyst price target for EDIT

Based on 4 analysts offering 12 month price targets for Editas Medicine Inc.
Min Forecast
$9.00+63.93%
Avg Forecast
$14.00+155.01%
Max Forecast
$20.00+264.3%

Should I buy or sell EDIT stock?

Based on 4 analysts offering ratings for Editas Medicine Inc.
Buy
Strong Buy
2 analysts 50%
Buy
0 analysts 0%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EDIT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-29Find Out Why
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2023-12-12Find Out Why

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Forecast return on equity

Is EDIT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36%

Forecast return on assets

Is EDIT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

EDIT revenue forecast

What is EDIT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$40.1M-48.72%
Avg 2 year Forecast
$26.2M-66.49%
Avg 3 year Forecast
$135.2M+73%
EDIT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EDIT revenue growth forecast

How is EDIT forecast to perform vs Biotechnology companies and vs the US market?
Company
9.55%
Industry
38.03%
Market
10.06%
EDIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EDIT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EDIT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
EDIT$5.49$14.00+155.01%Buy
TBPH$9.34$21.00+124.84%Strong Buy
STTK$9.58$20.00+108.77%Buy
ANL$12.40$30.00+141.94%Strong Buy
HUMA$3.70$7.00+89.19%Buy

Editas Medicine Stock Forecast FAQ

Is Editas Medicine Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: EDIT) stock is to Buy EDIT stock.

Out of 4 analysts, 2 (50%) are recommending EDIT as a Strong Buy, 0 (0%) are recommending EDIT as a Buy, 2 (50%) are recommending EDIT as a Hold, 0 (0%) are recommending EDIT as a Sell, and 0 (0%) are recommending EDIT as a Strong Sell.

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

What is EDIT's revenue growth forecast for 2024-2026?

(NASDAQ: EDIT) Editas Medicine's forecast annual revenue growth rate of 9.55% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.03%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Editas Medicine's revenue in 2024 is $78,123,000.On average, 8 Wall Street analysts forecast EDIT's revenue for 2024 to be $3,277,871,900, with the lowest EDIT revenue forecast at $2,046,982,527, and the highest EDIT revenue forecast at $5,317,900,250. On average, 7 Wall Street analysts forecast EDIT's revenue for 2025 to be $2,141,641,151, with the lowest EDIT revenue forecast at $1,636,277,000, and the highest EDIT revenue forecast at $2,577,136,275.

In 2026, EDIT is forecast to generate $11,057,632,711 in revenue, with the lowest revenue forecast at $6,935,932,761 and the highest revenue forecast at $19,801,406,116.

What is EDIT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: EDIT) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is EDIT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year EDIT price target, the average EDIT price target is $14.00, with the highest EDIT stock price forecast at $20.00 and the lowest EDIT stock price forecast at $9.00.

On average, Wall Street analysts predict that Editas Medicine's share price could reach $14.00 by Feb 28, 2025. The average Editas Medicine stock price prediction forecasts a potential upside of 155.01% from the current EDIT share price of $5.49.

What is EDIT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: EDIT) forecast ROE is N/A, which is considered weak.
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