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NASDAQ: FLGT
FULGENT GENETICS INC Stock Forecast, Predictions & Price Target

Analyst price target for FLGT

Based on 3 analysts offering 12 month price targets for FULGENT GENETICS INC.
Min Forecast
$65.00+12.83%
Avg Forecast
$86.67+50.44%
Max Forecast
$125.00+116.98%

Should I buy or sell FLGT stock?

Based on 3 analysts offering ratings for FULGENT GENETICS INC.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
1 analysts 33.33%
Strong Sell
0 analysts 0%

FLGT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 30%
71
Strong BuyMaintains$70.00+21.51%2022-05-16
Oppenheimer
Top 6%
95
BuyMaintains$125.00+116.98%2022-01-25
Credit Suisse
Bottom 12%
12
SellMaintains$65.00+12.83%2021-08-10

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Forecast return on equity

Is FLGT forecast to generate an efficient return?
Company
2.65%
Industry
73.91%
Market
39.88%
FLGT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FLGT forecast to generate an efficient return on assets?
Company
2.36%
Industry
11.67%
FLGT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FLGT earnings per share forecast

What is FLGT's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$5.95-61.41%
Avg 2 year Forecast
-$0.11-100.71%
Avg 3 year Forecast
$1.14-92.61%
FLGT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FLGT revenue forecast

What is FLGT's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$652.6M-31.55%
Avg 2 year Forecast
$392.7M-58.81%
Avg 3 year Forecast
$345.2M-63.79%
FLGT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FLGT earnings growth forecast

How is FLGT forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-61.16%
Industry
13.8%
Market
16.61%
FLGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FLGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FLGT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FLGT revenue growth forecast

How is FLGT forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-31.04%
Industry
5.8%
Market
8.44%
FLGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FLGT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FLGT vs Diagnostics & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
FLGT$57.61$86.67+50.44%Buy
MYGN$21.54$25.50+18.38%Sell
OPK$2.99$6.00+100.67%Strong Buy
TWST$37.45$73.33+95.82%Buy
OLK$11.44$28.00+144.76%Buy

FULGENT GENETICS Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NASDAQ: FLGT) stock is to Buy FLGT stock.

Out of 3 analysts, 1 (33.33%) are recommending FLGT as a Strong Buy, 1 (33.33%) are recommending FLGT as a Buy, 0 (0%) are recommending FLGT as a Hold, 1 (33.33%) are recommending FLGT as a Sell, and 0 (0%) are recommending FLGT as a Strong Sell.

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

(NASDAQ: FLGT) FULGENT GENETICS's forecast annual earnings growth rate of -61.16% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 13.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.61%.

FULGENT GENETICS's earnings in 2022 is $460,652,000.On average, 1 Wall Street analyst forecast FLGT's earnings for 2022 to be $180,446,858, with the lowest FLGT earnings forecast at $180,446,858, and the highest FLGT earnings forecast at $180,446,858. On average, 1 Wall Street analyst forecast FLGT's earnings for 2023 to be -$3,335,992, with the lowest FLGT earnings forecast at -$3,335,992, and the highest FLGT earnings forecast at -$3,335,992.

In 2024, FLGT is forecast to generate $34,573,011 in earnings, with the lowest earnings forecast at $34,573,011 and the highest earnings forecast at $34,573,011.

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

(NASDAQ: FLGT) FULGENT GENETICS's forecast annual revenue growth rate of -31.04% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.44%.

FULGENT GENETICS's revenue in 2022 is $953,423,000.On average, 2 Wall Street analysts forecast FLGT's revenue for 2022 to be $19,791,532,678, with the lowest FLGT revenue forecast at $19,700,551,069, and the highest FLGT revenue forecast at $19,882,514,287. On average, 2 Wall Street analysts forecast FLGT's revenue for 2023 to be $11,909,492,618, with the lowest FLGT revenue forecast at $11,017,872,850, and the highest FLGT revenue forecast at $12,801,112,386.

In 2024, FLGT is forecast to generate $10,468,950,476 in revenue, with the lowest revenue forecast at $10,468,950,476 and the highest revenue forecast at $10,468,950,476.

What is FLGT's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: FLGT) forecast ROA is 2.36%, which is lower than the forecast US Diagnostics & Research industry average of 11.67%.

What is FLGT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year FLGT price target, the average FLGT price target is $86.67, with the highest FLGT stock price forecast at $125.00 and the lowest FLGT stock price forecast at $65.00.

On average, Wall Street analysts predict that FULGENT GENETICS's share price could reach $86.67 by May 16, 2023. The average FULGENT GENETICS stock price prediction forecasts a potential upside of 50.44% from the current FLGT share price of $57.61.

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

(NASDAQ: FLGT) FULGENT GENETICS's current Earnings Per Share (EPS) is $15.42. On average, analysts forecast that FLGT's EPS will be $5.95 for 2022, with the lowest EPS forecast at $5.95, and the highest EPS forecast at $5.95. On average, analysts forecast that FLGT's EPS will be -$0.11 for 2023, with the lowest EPS forecast at -$0.11, and the highest EPS forecast at -$0.11. In 2024, FLGT's EPS is forecast to hit $1.14 (min: $1.14, max: $1.14).

What is FLGT's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: FLGT) forecast ROE is 2.65%, which is considered weak.
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