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NASDAQ: NEO
Neogenomics Inc Stock Forecast, Predictions & Price Target

Analyst price target for NEO

Based on 8 analysts offering 12 month price targets for Neogenomics Inc.
Min Forecast
$12.00-4.38%
Avg Forecast
$18.63+48.41%
Max Forecast
$28.00+123.11%

Should I buy or sell NEO stock?

Based on 9 analysts offering ratings for Neogenomics Inc.
Buy
Strong Buy
3 analysts 33.33%
Buy
4 analysts 44.44%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NEO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Bottom 1%
1
BuyUpgrades$15.00+19.52%2023-02-01
Piper Sandler
Top 25%
76
Strong BuyMaintains$18.00+43.43%2022-11-14
Raymond James
Bottom 2%
2
BuyMaintains$12.00-4.38%2022-11-11
Morgan Stanley
Bottom 5%
5
HoldMaintains$17.00+35.46%2022-11-09
SVB Leerink
Bottom 2%
2
BuyMaintains$15.00+19.52%2022-11-09
Benchmark
Bottom 3%
3
HoldDowngradesN/AN/A2022-08-26
Goldman Sachs
Bottom 4%
4
Strong BuyMaintains$20.00+59.36%2022-08-10
Anonymous
Bank of America
HoldDowngrades$18.00+43.43%2022-03-29
Cowen & Co.
Top 12%
89
BuyMaintains$24.00+91.24%2022-03-29
BTIG
Top 19%
82
Strong BuyMaintains$28.00+123.11%2022-03-29

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Forecast return on equity

Is NEO forecast to generate an efficient return?
Company
-1.99%
Industry
63.77%
Market
57.51%
NEO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NEO forecast to generate an efficient return on assets?
Company
-1.15%
Industry
14.75%
NEO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NEO earnings per share forecast

What is NEO's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$0.78
Avg 2 year Forecast
-$0.50
Avg 3 year Forecast
-$0.16

NEO revenue forecast

What is NEO's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$543.9M+9.49%
Avg 2 year Forecast
$622.0M+25.21%
NEO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NEO revenue growth forecast

How is NEO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
11.9%
Industry
11.72%
Market
11.03%
NEO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NEO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NEO vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
NEO$12.55$18.63+48.41%Buy
MYGN$19.96$24.00+20.24%Hold
TWST$25.31$33.80+33.54%Buy
RDNT$21.55$40.00+85.61%Buy
ME$2.69$5.50+104.46%Buy

Neogenomics Stock Forecast FAQ

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

The consensus among 9 Wall Street analysts covering (NASDAQ: NEO) stock is to Buy NEO stock.

Out of 9 analysts, 3 (33.33%) are recommending NEO as a Strong Buy, 4 (44.44%) are recommending NEO as a Buy, 2 (22.22%) are recommending NEO as a Hold, 0 (0%) are recommending NEO as a Sell, and 0 (0%) are recommending NEO as a Strong Sell.

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

What is NEO's earnings growth forecast for 2023-2025?

(NASDAQ: NEO) Neogenomics's forecast annual earnings growth rate of N/A is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 34.91%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.21%.

Neogenomics's earnings in 2023 is -$163,322,000.On average, 5 Wall Street analysts forecast NEO's earnings for 2023 to be -$98,516,544, with the lowest NEO earnings forecast at -$118,725,065, and the highest NEO earnings forecast at -$84,623,185. On average, 2 Wall Street analysts forecast NEO's earnings for 2024 to be -$63,151,631, with the lowest NEO earnings forecast at -$79,571,054, and the highest NEO earnings forecast at -$45,469,174.

In 2025, NEO is forecast to generate -$20,208,522 in earnings, with the lowest earnings forecast at -$20,208,522 and the highest earnings forecast at -$20,208,522.

What is NEO's revenue growth forecast for 2023-2024?

(NASDAQ: NEO) Neogenomics's forecast annual revenue growth rate of 11.9% is forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 11.72%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 11.03%.

Neogenomics's revenue in 2023 is $496,755,000.On average, 6 Wall Street analysts forecast NEO's revenue for 2023 to be $68,697,227,781, with the lowest NEO revenue forecast at $66,328,283,817, and the highest NEO revenue forecast at $70,388,807,355.

In 2024, NEO is forecast to generate $78,558,102,277 in revenue, with the lowest revenue forecast at $73,431,200,306 and the highest revenue forecast at $81,423,923,269.

What is NEO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: NEO) forecast ROA is -1.15%, which is lower than the forecast US Diagnostics & Research industry average of 14.75%.

What is NEO's Price Target?

According to 8 Wall Street analysts that have issued a 1 year NEO price target, the average NEO price target is $18.63, with the highest NEO stock price forecast at $28.00 and the lowest NEO stock price forecast at $12.00.

On average, Wall Street analysts predict that Neogenomics's share price could reach $18.63 by Feb 1, 2024. The average Neogenomics stock price prediction forecasts a potential upside of 48.41% from the current NEO share price of $12.55.

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

(NASDAQ: NEO) Neogenomics's current Earnings Per Share (EPS) is -$1.33. On average, analysts forecast that NEO's EPS will be -$0.78 for 2023, with the lowest EPS forecast at -$0.94, and the highest EPS forecast at -$0.67. On average, analysts forecast that NEO's EPS will be -$0.50 for 2024, with the lowest EPS forecast at -$0.63, and the highest EPS forecast at -$0.36. In 2025, NEO's EPS is forecast to hit -$0.16 (min: -$0.16, max: -$0.16).

What is NEO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: NEO) forecast ROE is -1.99%, which is considered weak.
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