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NASDAQ: EGIO
Edgio Inc Stock Forecast, Predictions & Price Target

Analyst price target for EGIO

Based on 2 analysts offering 12 month price targets for Edgio Inc.
Min Forecast
$7.00-35.9%
Avg Forecast
$8.50-22.16%
Max Forecast
$10.00-8.42%

Should I buy or sell EGIO stock?

Based on 2 analysts offering ratings for Edgio Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EGIO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2024-03-18

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Forecast return on equity

Is EGIO forecast to generate an efficient return?

Forecast return on assets

Is EGIO forecast to generate an efficient return on assets?

EGIO revenue forecast

What is EGIO's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$402.6M+5.97%
Avg 2 year Forecast
$460.7M+21.25%
Avg 3 year Forecast
$518.3M+36.41%
EGIO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EGIO revenue growth forecast

How is EGIO forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
10.91%
Industry
11.75%
Market
10.08%
EGIO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EGIO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EGIO vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
EGIO$10.92$8.50-22.16%Hold
SNCR$6.52N/AN/A
AUID$7.39N/AN/A
MOGO$1.88$8.00+325.53%Buy
ARQQ$0.49$3.00+512.24%Buy

Edgio Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NASDAQ: EGIO) stock is to Hold EGIO stock.

Out of 2 analysts, 0 (0%) are recommending EGIO as a Strong Buy, 0 (0%) are recommending EGIO as a Buy, 2 (100%) are recommending EGIO as a Hold, 0 (0%) are recommending EGIO as a Sell, and 0 (0%) are recommending EGIO as a Strong Sell.

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

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

(NASDAQ: EGIO) Edgio's forecast annual revenue growth rate of 10.91% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.75%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Edgio's revenue in 2024 is $379,920,000.On average, 1 Wall Street analysts forecast EGIO's revenue for 2024 to be $2,270,184,929, with the lowest EGIO revenue forecast at $2,270,184,929, and the highest EGIO revenue forecast at $2,270,184,929. On average, 1 Wall Street analysts forecast EGIO's revenue for 2025 to be $2,597,566,109, with the lowest EGIO revenue forecast at $2,597,566,109, and the highest EGIO revenue forecast at $2,597,566,109.

In 2026, EGIO is forecast to generate $2,922,240,728 in revenue, with the lowest revenue forecast at $2,922,240,728 and the highest revenue forecast at $2,922,240,728.

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

(NASDAQ: EGIO) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 22.9%.

What is EGIO's Price Target?

According to 2 Wall Street analysts that have issued a 1 year EGIO price target, the average EGIO price target is $8.50, with the highest EGIO stock price forecast at $10.00 and the lowest EGIO stock price forecast at $7.00.

On average, Wall Street analysts predict that Edgio's share price could fall to $8.50 by Apr 19, 2025. The average Edgio stock price prediction forecasts a potential downside of 22.16% from the current EGIO share price of $10.92.

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

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