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

OverviewForecast
EarningsDividendOwnership

Analyst price target for EDIT

Based on 14 analysts offering 12 month price targets for Editas Medicine Inc.
Min Forecast
$7.00-14.63%
Avg Forecast
$16.64+102.96%
Max Forecast
$36.00+339.02%

Should I buy or sell EDIT stock?

Based on 14 analysts offering ratings for Editas Medicine Inc.
Buy
Strong Buy
4 analysts 28.57%
Buy
1 analysts 7.14%
Hold
8 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
1 analysts 7.14%

Be the first to know when Wall Street analysts revise their EDIT stock forecasts and price targets.

EDIT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Bottom 8%
8
HoldMaintains$15.00+82.93%2023-02-23
Chardan Capital
Top 20%
81
Strong BuyMaintains$22.00+168.29%2023-02-23
RBC Capital
Bottom 2%
2
HoldMaintains$10.00+21.95%2023-02-23
Cantor Fitzgerald
Bottom 6%
6
Strong BuyInitiates Coverage On$15.00+82.93%2023-02-01
Morgan Stanley
Bottom 4%
4
Strong SellMaintains$7.00-14.63%2023-01-24
SVB Leerink
Bottom 1%
1
HoldMaintains$7.00-14.63%2023-01-23
Wells Fargo
Bottom 2%
2
Strong BuyMaintains$36.00+339.02%2023-01-04
Citigroup
Bottom 31%
31
HoldInitiates Coverage On$11.00+34.15%2022-12-13
Bank of America
Top 12%
89
HoldMaintains$15.00+82.93%2022-11-18
Truist Securities
Bottom 13%
13
Strong BuyMaintains$35.00+326.83%2022-11-18

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Forecast return on equity

Is EDIT forecast to generate an efficient return?
Company
N/A
Industry
-0.1%
Market
28.88%

Forecast return on assets

Is EDIT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.01%

EDIT earnings per share forecast

What is EDIT's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
-$3.64
Avg 2 year Forecast
-$3.25
Avg 3 year Forecast
-$3.08

EDIT revenue forecast

What is EDIT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$30.8M+56.4%
Avg 2 year Forecast
$76.1M+285.87%
Avg 3 year Forecast
$118.9M+503.41%
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
82.41%
Industry
40.95%
Market
8.76%
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$8.20$16.64+102.96%Buy
FDMT$17.50$38.00+117.14%Buy
BTAI$18.86$44.33+135.06%Buy
FATE$5.56$11.74+111.08%Hold
CTIC$4.44$10.80+143.24%Buy
View Top Biotech Stocks

Editas Medicine Stock Forecast FAQ

Is Editas Medicine Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NASDAQ: EDIT) stock is to Buy EDIT stock.

Out of 14 analysts, 4 (28.57%) are recommending EDIT as a Strong Buy, 1 (7.14%) are recommending EDIT as a Buy, 8 (57.14%) are recommending EDIT as a Hold, 0 (0%) are recommending EDIT as a Sell, and 1 (7.14%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: EDIT) Editas Medicine's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 10.24%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.48%.

Editas Medicine's earnings in 2023 is -$220,432,000.On average, 8 Wall Street analysts forecast EDIT's earnings for 2023 to be -$251,051,484, with the lowest EDIT earnings forecast at -$346,230,344, and the highest EDIT earnings forecast at -$219,325,198. On average, 5 Wall Street analysts forecast EDIT's earnings for 2024 to be -$224,153,111, with the lowest EDIT earnings forecast at -$268,983,733, and the highest EDIT earnings forecast at -$155,182,923.

In 2025, EDIT is forecast to generate -$212,428,179 in earnings, with the lowest earnings forecast at -$301,399,722 and the highest earnings forecast at -$122,766,935.

What is EDIT's revenue growth forecast for 2023-2025?

(NASDAQ: EDIT) Editas Medicine's forecast annual revenue growth rate of 82.41% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 40.95%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.76%.

Editas Medicine's revenue in 2023 is $19,712,000.On average, 6 Wall Street analysts forecast EDIT's revenue for 2023 to be $2,126,350,896, with the lowest EDIT revenue forecast at $689,770,850, and the highest EDIT revenue forecast at $3,448,509,400. On average, 4 Wall Street analysts forecast EDIT's revenue for 2024 to be $5,246,010,440, with the lowest EDIT revenue forecast at $655,285,756, and the highest EDIT revenue forecast at $12,583,541,830.

In 2025, EDIT is forecast to generate $8,203,659,012 in revenue, with the lowest revenue forecast at $3,448,509,400 and the highest revenue forecast at $12,958,808,623.

What is EDIT's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: EDIT) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.01%.

What is EDIT's Price Target?

According to 14 Wall Street analysts that have issued a 1 year EDIT price target, the average EDIT price target is $16.64, with the highest EDIT stock price forecast at $36.00 and the lowest EDIT stock price forecast at $7.00.

On average, Wall Street analysts predict that Editas Medicine's share price could reach $16.64 by Feb 23, 2024. The average Editas Medicine stock price prediction forecasts a potential upside of 102.96% from the current EDIT share price of $8.20.

What is EDIT's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: EDIT) Editas Medicine's current Earnings Per Share (EPS) is -$3.21. On average, analysts forecast that EDIT's EPS will be -$3.64 for 2023, with the lowest EPS forecast at -$5.02, and the highest EPS forecast at -$3.18. On average, analysts forecast that EDIT's EPS will be -$3.25 for 2024, with the lowest EPS forecast at -$3.90, and the highest EPS forecast at -$2.25. In 2025, EDIT's EPS is forecast to hit -$3.08 (min: -$4.37, max: -$1.78).

What is EDIT's forecast return on equity (ROE) for 2023-2026?

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