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

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Analyst price target for SWAV

Based on 6 analysts offering 12 month price targets for Shockwave Medical Inc.
Min Forecast
$165.00-33.97%
Avg Forecast
$253.83+1.58%
Max Forecast
$338.00+35.26%

Should I buy or sell SWAV stock?

Based on 6 analysts offering ratings for Shockwave Medical Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
1 analysts 16.67%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%

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SWAV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Bottom 18%
18
Strong BuyMaintains$300.00+18.83%2022-11-08
Morgan Stanley
Top 28%
73
HoldMaintains$290.00+14.87%2022-10-11
Oppenheimer
Bottom 7%
7
SellDowngrades$165.00-34.64%2022-09-06
Piper Sandler
Top 25%
76
Strong BuyMaintains$338.00+33.88%2022-08-29Find out why
SVB Leerink
Bottom 3%
3
BuyMaintains$175.00-30.68%2022-05-10
Wolfe Research
Top 13%
88
BuyInitiates Coverage On$255.00+1.01%2022-04-06
Anonymous
Morgan Stanley
HoldMaintains$199.00-21.18%2022-02-18

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Forecast return on equity

Is SWAV forecast to generate an efficient return?
Company
55.34%
Industry
18.15%
Market
64.75%
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
41.4%
Industry
12.84%
SWAV is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SWAV earnings per share forecast

What is SWAV's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.57+4.47%
Avg 2 year Forecast
$3.42+39.02%
Avg 3 year Forecast
$4.47+81.71%
SWAV's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SWAV revenue forecast

What is SWAV's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$479.8M+11.61%
Avg 2 year Forecast
$621.2M+44.49%
Avg 3 year Forecast
$769.9M+79.09%
SWAV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SWAV earnings growth forecast

How is SWAV forecast to perform vs Medical Devices companies and vs the US market?
Company
21.51%
Industry
24.28%
Market
16.96%
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
21.35%
Industry
4.58%
Market
6.76%
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$252.46$253.83+0.54%Buy
BRKR$67.68$79.00+16.73%Strong Buy
PEN$210.11$221.80+5.56%Strong Buy
GMED$75.50$72.44-4.05%Strong Buy
INSP$239.68$267.00+11.40%Strong Buy

Shockwave Medical Stock Forecast FAQ

Is Shockwave Medical Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SWAV) stock is to Buy SWAV stock.

Out of 6 analysts, 2 (33.33%) are recommending SWAV as a Strong Buy, 2 (33.33%) are recommending SWAV as a Buy, 1 (16.67%) are recommending SWAV as a Hold, 1 (16.67%) 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 earnings growth forecast for 2022-2024?

(NASDAQ: SWAV) Shockwave Medical's forecast annual earnings growth rate of 21.51% is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 24.28%, and while it is forecast to beat the US market's average forecast earnings growth rate of 16.96%.

Shockwave Medical's earnings in 2022 is $88,027,000.On average, 4 Wall Street analysts forecast SWAV's earnings for 2022 to be $92,885,690, with the lowest SWAV earnings forecast at $83,127,272, and the highest SWAV earnings forecast at $106,258,338. On average, 4 Wall Street analysts forecast SWAV's earnings for 2023 to be $123,606,639, with the lowest SWAV earnings forecast at $111,679,682, and the highest SWAV earnings forecast at $141,316,362.

In 2024, SWAV is forecast to generate $161,556,045 in earnings, with the lowest earnings forecast at $159,748,931 and the highest earnings forecast at $163,001,737.

What is SWAV's revenue growth forecast for 2022-2024?

(NASDAQ: SWAV) Shockwave Medical's forecast annual revenue growth rate of 21.35% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 4.58%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.76%.

Shockwave Medical's revenue in 2022 is $429,890,000.On average, 3 Wall Street analysts forecast SWAV's revenue for 2022 to be $17,340,890,990, with the lowest SWAV revenue forecast at $16,986,877,240, and the highest SWAV revenue forecast at $17,870,556,279. On average, 3 Wall Street analysts forecast SWAV's revenue for 2023 to be $22,449,856,960, with the lowest SWAV revenue forecast at $22,158,333,233, and the highest SWAV revenue forecast at $22,599,775,188.

In 2024, SWAV is forecast to generate $27,826,312,034 in revenue, with the lowest revenue forecast at $27,732,739,640 and the highest revenue forecast at $27,919,920,570.

What is SWAV's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: SWAV) forecast ROA is 41.4%, which is higher than the forecast US Medical Devices industry average of 12.84%.

What is SWAV's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SWAV price target, the average SWAV price target is $253.83, with the highest SWAV stock price forecast at $338.00 and the lowest SWAV stock price forecast at $165.00.

On average, Wall Street analysts predict that Shockwave Medical's share price could reach $253.83 by Nov 8, 2023. The average Shockwave Medical stock price prediction forecasts a potential upside of 0.54% from the current SWAV share price of $252.46.

What is SWAV's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: SWAV) Shockwave Medical's current Earnings Per Share (EPS) is $2.46. On average, analysts forecast that SWAV's EPS will be $2.57 for 2022, with the lowest EPS forecast at $2.30, and the highest EPS forecast at $2.94. On average, analysts forecast that SWAV's EPS will be $3.42 for 2023, with the lowest EPS forecast at $3.09, and the highest EPS forecast at $3.91. In 2024, SWAV's EPS is forecast to hit $4.47 (min: $4.42, max: $4.51).

What is SWAV's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: SWAV) forecast ROE is 55.34%, which is considered strong.
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