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NASDAQ: NEOG
Neogen Corp Stock Forecast, Predictions & Price Target

Analyst price target for NEOG

Based on 1 analyst offering 12 month price targets for Neogen Corp.
Min Forecast
$17.00+37.43%
Avg Forecast
$17.00+37.43%
Max Forecast
$17.00+37.43%

Should I buy or sell NEOG stock?

Based on 1 analyst offering ratings for Neogen Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NEOG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-15

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Forecast return on equity

Is NEOG forecast to generate an efficient return?
Company
6.2%
Industry
0.02%
Market
19.57%
NEOG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NEOG forecast to generate an efficient return on assets?
Company
4.25%
Industry
0.02%
NEOG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NEOG revenue forecast

What is NEOG's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$920.8M-0.91%
Avg 2 year Forecast
$953.4M+2.6%
Avg 3 year Forecast
$1.0B+7.75%
NEOG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NEOG earnings growth forecast

How is NEOG forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
526.68%
Industry
50.87%
Market
28.77%
NEOG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NEOG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NEOG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NEOG revenue growth forecast

How is NEOG forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
1.56%
Industry
5.96%
Market
9.23%
NEOG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NEOG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NEOG vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
NEOG$12.37$17.00+37.43%Hold
OLK$22.43$26.00+15.92%Hold
GH$18.10$36.14+99.69%Strong Buy
SHC$11.27$16.38+45.30%Strong Buy
RDNT$48.67$53.67+10.27%Strong Buy

Neogen Stock Forecast FAQ

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

The consensus among 1 Wall Street analyst covering (NASDAQ: NEOG) stock is to Hold NEOG stock.

Out of 1 analyst, 0 (0%) are recommending NEOG as a Strong Buy, 0 (0%) are recommending NEOG as a Buy, 1 (100%) are recommending NEOG as a Hold, 0 (0%) are recommending NEOG as a Sell, and 0 (0%) are recommending NEOG as a Strong Sell.

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

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

(NASDAQ: NEOG) Neogen's forecast annual revenue growth rate of 1.56% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Neogen's revenue in 2024 is $929,238,000.On average, 3 Wall Street analysts forecast NEOG's revenue for 2024 to be $199,452,412,517, with the lowest NEOG revenue forecast at $197,134,709,635, and the highest NEOG revenue forecast at $203,178,065,748. On average, 3 Wall Street analysts forecast NEOG's revenue for 2025 to be $206,508,626,450, with the lowest NEOG revenue forecast at $202,636,546,383, and the highest NEOG revenue forecast at $213,365,128,042.

In 2026, NEOG is forecast to generate $216,879,155,506 in revenue, with the lowest revenue forecast at $210,477,746,788 and the highest revenue forecast at $226,996,253,498.

What is NEOG's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: NEOG) forecast ROA is 4.25%, which is higher than the forecast US Diagnostics & Research industry average of 0.02%.

What is NEOG's Price Target?

According to 1 Wall Street analyst that have issued a 1 year NEOG price target, the average NEOG price target is $17.00, with the highest NEOG stock price forecast at $17.00 and the lowest NEOG stock price forecast at $17.00.

The Wall Street analyst predicted that Neogen's share price could reach $17.00 by Apr 15, 2025. The average Neogen stock price prediction forecasts a potential upside of 37.43% from the current NEOG share price of $12.37.

What is NEOG's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: NEOG) forecast ROE is 6.2%, which is considered weak.
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