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NASDAQ: SGEN
Seagen Inc Stock Forecast, Predictions & Price Target

Analyst price target for SGEN

Based on 13 analysts offering 12 month price targets for Seagen Inc.
Min Forecast
$135.00-2.17%
Avg Forecast
$164.39+19.12%
Max Forecast
$188.00+36.23%

Should I buy or sell SGEN stock?

Based on 13 analysts offering ratings for Seagen Inc.
Buy
Strong Buy
3 analysts 23.08%
Buy
8 analysts 61.54%
Hold
2 analysts 15.38%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SGEN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Berenberg
Bottom 42%
42
Strong BuyMaintains$170.00+23.19%2023-01-25
Morgan Stanley
Bottom 7%
7
Strong BuyMaintains$170.00+23.19%2023-01-24
SVB Leerink
Bottom 2%
2
BuyMaintains$162.00+17.39%2023-01-20
Truist Securities
Bottom 11%
11
HoldInitiates Coverage On$135.00-2.17%2022-11-21
JMP Securities
Bottom 7%
7
BuyMaintains$142.00+2.90%2022-11-02
Barclays
Top 17%
84
HoldMaintains$136.00-1.45%2022-10-28
RBC Capital
Top 12%
89
BuyMaintains$178.00+28.99%2022-10-28
Raymond James
Bottom 3%
3
BuyMaintains$155.00+12.32%2022-10-28
Oppenheimer
Top 5%
96
BuyMaintains$188.00+36.23%2022-10-28
HC Wainwright & Co.
Top 10%
91
BuyMaintains$180.00+30.43%2022-10-28

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Forecast return on equity

Is SGEN forecast to generate an efficient return?
Company
N/A
Industry
-0.01%
Market
13.24%

Forecast return on assets

Is SGEN forecast to generate an efficient return on assets?
Company
N/A
Industry
0.12%

SGEN earnings per share forecast

What is SGEN's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
-$1.38
Avg 2 year Forecast
$1.01
Avg 3 year Forecast
$5.36

SGEN revenue forecast

What is SGEN's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$2.5B+33.22%
Avg 2 year Forecast
$3.3B+79.34%
Avg 3 year Forecast
$4.7B+154.8%
SGEN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SGEN revenue growth forecast

How is SGEN forecast to perform vs Biotechnology companies and vs the US market?
Company
35.36%
Industry
38.5%
Market
9.21%
SGEN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SGEN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SGEN vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
SGEN$138.00$164.39+19.12%Buy
GMAB$38.26$38.35+0.22%Hold
BGNE$256.90$317.75+23.69%Strong Buy
RPRX$38.96$52.67+35.18%Strong Buy
ALNY$233.37$237.75+1.88%Buy

Seagen Stock Forecast FAQ

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

The consensus among 13 Wall Street analysts covering (NASDAQ: SGEN) stock is to Buy SGEN stock.

Out of 13 analysts, 3 (23.08%) are recommending SGEN as a Strong Buy, 8 (61.54%) are recommending SGEN as a Buy, 2 (15.38%) are recommending SGEN as a Hold, 0 (0%) are recommending SGEN as a Sell, and 0 (0%) are recommending SGEN as a Strong Sell.

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

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

(NASDAQ: SGEN) Seagen's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 5.4%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 21.99%.

Seagen's earnings in 2023 is -$636,765,000.On average, 10 Wall Street analysts forecast SGEN's earnings for 2023 to be -$256,217,563, with the lowest SGEN earnings forecast at -$584,844,438, and the highest SGEN earnings forecast at $7,426,596. On average, 8 Wall Street analysts forecast SGEN's earnings for 2024 to be $187,521,550, with the lowest SGEN earnings forecast at -$365,759,855, and the highest SGEN earnings forecast at $731,519,710.

In 2025, SGEN is forecast to generate $995,163,869 in earnings, with the lowest earnings forecast at $454,879,007 and the highest earnings forecast at $1,917,918,427.

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

(NASDAQ: SGEN) Seagen's forecast annual revenue growth rate of 35.36% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.5%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.21%.

Seagen's revenue in 2023 is $1,864,113,000.On average, 9 Wall Street analysts forecast SGEN's revenue for 2023 to be $461,072,045,888, with the lowest SGEN revenue forecast at $404,211,055,967, and the highest SGEN revenue forecast at $537,332,789,984. On average, 9 Wall Street analysts forecast SGEN's revenue for 2024 to be $620,681,848,671, with the lowest SGEN revenue forecast at $502,409,222,106, and the highest SGEN revenue forecast at $806,064,167,692.

In 2025, SGEN is forecast to generate $881,860,563,870 in revenue, with the lowest revenue forecast at $716,802,053,238 and the highest revenue forecast at $1,167,200,966,627.

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

(NASDAQ: SGEN) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.12%.

What is SGEN's Price Target?

According to 13 Wall Street analysts that have issued a 1 year SGEN price target, the average SGEN price target is $164.39, with the highest SGEN stock price forecast at $188.00 and the lowest SGEN stock price forecast at $135.00.

On average, Wall Street analysts predict that Seagen's share price could reach $164.39 by Jan 25, 2024. The average Seagen stock price prediction forecasts a potential upside of 19.12% from the current SGEN share price of $138.00.

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

(NASDAQ: SGEN) Seagen's current Earnings Per Share (EPS) is -$3.45. On average, analysts forecast that SGEN's EPS will be -$1.38 for 2023, with the lowest EPS forecast at -$3.15, and the highest EPS forecast at $0.04. On average, analysts forecast that SGEN's EPS will be $1.01 for 2024, with the lowest EPS forecast at -$1.97, and the highest EPS forecast at $3.94. In 2025, SGEN's EPS is forecast to hit $5.36 (min: $2.45, max: $10.33).

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

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