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NASDAQ: SWAV
Shockwave Medical Inc Stock Forecast, Predictions & Price Target

Analyst price target for SWAV

Based on 9 analysts offering 12 month price targets for Shockwave Medical Inc.
Min Forecast
$165.00-42.94%
Avg Forecast
$284.67-1.55%
Max Forecast
$325.00+12.4%

Should I buy or sell SWAV stock?

Based on 9 analysts offering ratings for Shockwave Medical Inc.
Buy
Strong Buy
3 analysts 33.33%
Buy
2 analysts 22.22%
Hold
3 analysts 33.33%
Sell
1 analysts 11.11%
Strong Sell
0 analysts 0%

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SWAV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 47%
54
HoldAssumes$291.00+0.64%2023-05-30
Oppenheimer
Bottom 12%
12
SellReiterates$165.00-42.94%2023-05-09
Deutsche Bank
Bottom 44%
44
Strong BuyMaintains$310.00+7.21%2023-05-09
Piper Sandler
Top 12%
89
Strong BuyMaintains$315.00+8.94%2023-05-09Find out why
Morgan Stanley
Bottom 11%
11
HoldMaintains$291.00+0.64%2023-05-09
Wells Fargo
Top 8%
93
HoldMaintains$275.00-4.89%2023-05-09
Canaccord Genuity
Bottom 19%
19
Strong BuyMaintains$307.00+6.17%2023-05-09Find out why
Needham
Bottom 1%
1
BuyMaintains$325.00+12.40%2023-05-09
Needham
Top 21%
80
BuyMaintains$283.00-2.13%2023-04-11

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Forecast return on equity

Is SWAV forecast to generate an efficient return?
Company
34.98%
Industry
23.59%
Market
89.83%
SWAV's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SWAV forecast to generate an efficient return on assets?
Company
25.49%
Industry
12.56%
SWAV is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SWAV earnings growth forecast

How is SWAV forecast to perform vs Medical Devices companies and vs the US market?
Company
-18.14%
Industry
80.62%
Market
34.43%
SWAV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SWAV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SWAV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SWAV revenue growth forecast

How is SWAV forecast to perform vs Medical Devices companies and vs the US market?
Company
17.55%
Industry
7.08%
Market
8.87%
SWAV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SWAV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SWAV vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
SWAV$289.15$284.67-1.55%Buy
BRKR$71.39$82.50+15.56%Hold
BIO$372.36$545.33+46.45%Strong Buy
INSP$309.69$315.00+1.71%Strong Buy
PEN$320.86$311.30-2.98%Strong Buy

Shockwave Medical Stock Forecast FAQ

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

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

Out of 9 analysts, 3 (33.33%) are recommending SWAV as a Strong Buy, 2 (22.22%) are recommending SWAV as a Buy, 3 (33.33%) are recommending SWAV as a Hold, 1 (11.11%) are recommending SWAV as a Sell, and 0 (0%) are recommending SWAV as a Strong Sell.

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

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

(NASDAQ: SWAV) forecast ROE is 34.98%, which is considered strong.

What is SWAV's Price Target?

According to 9 Wall Street analysts that have issued a 1 year SWAV price target, the average SWAV price target is $284.67, with the highest SWAV stock price forecast at $325.00 and the lowest SWAV stock price forecast at $165.00.

On average, Wall Street analysts predict that Shockwave Medical's share price could fall to $284.67 by May 30, 2024. The average Shockwave Medical stock price prediction forecasts a potential downside of 1.55% from the current SWAV share price of $289.15.

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

(NASDAQ: SWAV) forecast ROA is 25.49%, which is higher than the forecast US Medical Devices industry average of 12.56%.
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