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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
$17.00-14.53%
Avg Forecast
$17.00-14.53%
Max Forecast
$17.00-14.53%

Should I buy or sell NEOG stock?

Based on 2 analysts offering ratings for Neogen Corp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NEOG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 25%
76
HoldMaintains$17.00-14.53%2022-12-15
William Blair
Top 50%
51
BuyUpgradesN/AN/A2022-11-22

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Forecast return on equity

Is NEOG forecast to generate an efficient return?
Company
6.26%
Industry
0.2%
Market
13.26%
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
4.26%
Industry
0.13%
NEOG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NEOG earnings per share forecast

What is NEOG's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.60+1,100%
Avg 2 year Forecast
$0.63+1,160%
Avg 3 year Forecast
$0.84+1,580%
NEOG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NEOG revenue forecast

What is NEOG's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$703.3M+11.5%
Avg 2 year Forecast
$800.6M+26.93%
Avg 3 year Forecast
$638.2M+1.18%
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
150.78%
Industry
20.66%
Market
21.89%
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
4.14%
Industry
9.71%
Market
9.2%
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$19.89$17.00-14.53%Buy
NTRA$43.78$75.29+71.96%Strong Buy
LNTH$60.02$107.25+78.69%Strong Buy
SYNH$37.58$47.57+26.59%Hold
SHC$17.80$16.22-8.87%Hold

Neogen Stock Forecast FAQ

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

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

Out of 2 analysts, 0 (0%) are recommending NEOG as a Strong Buy, 1 (50%) are recommending NEOG as a Buy, 1 (50%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: NEOG) Neogen's forecast annual earnings growth rate of 150.78% is forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 20.66%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 21.89%.

Neogen's earnings in 2023 is -$16,230,000.On average, 2 Wall Street analysts forecast NEOG's earnings for 2023 to be $129,692,570, with the lowest NEOG earnings forecast at $125,369,484, and the highest NEOG earnings forecast at $131,854,113. On average, 2 Wall Street analysts forecast NEOG's earnings for 2024 to be $136,177,198, with the lowest NEOG earnings forecast at $125,369,484, and the highest NEOG earnings forecast at $144,823,370.

In 2025, NEOG is forecast to generate $181,569,598 in earnings, with the lowest earnings forecast at $181,569,598 and the highest earnings forecast at $181,569,598.

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

(NASDAQ: NEOG) Neogen's forecast annual revenue growth rate of 4.14% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 9.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Neogen's revenue in 2023 is $630,719,000.On average, 2 Wall Street analysts forecast NEOG's revenue for 2023 to be $152,010,499,520, with the lowest NEOG revenue forecast at $121,111,244,765, and the highest NEOG revenue forecast at $182,909,754,275. On average, 2 Wall Street analysts forecast NEOG's revenue for 2024 to be $173,042,311,256, with the lowest NEOG revenue forecast at $129,584,492,659, and the highest NEOG revenue forecast at $216,500,129,853.

In 2025, NEOG is forecast to generate $137,944,259,554 in revenue, with the lowest revenue forecast at $137,944,259,554 and the highest revenue forecast at $137,944,259,554.

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

(NASDAQ: NEOG) forecast ROA is 4.26%, which is higher than the forecast US Diagnostics & Research industry average of 0.13%.

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 fall to $17.00 by Dec 15, 2023. The average Neogen stock price prediction forecasts a potential downside of 14.53% from the current NEOG share price of $19.89.

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

(NASDAQ: NEOG) Neogen's current Earnings Per Share (EPS) is $0.05. On average, analysts forecast that NEOG's EPS will be $0.60 for 2023, with the lowest EPS forecast at $0.58, and the highest EPS forecast at $0.61. On average, analysts forecast that NEOG's EPS will be $0.63 for 2024, with the lowest EPS forecast at $0.58, and the highest EPS forecast at $0.67. In 2025, NEOG's EPS is forecast to hit $0.84 (min: $0.84, max: $0.84).

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

(NASDAQ: NEOG) forecast ROE is 6.26%, which is considered weak.
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