WallStreetZenWallStreetZen

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

Analyst price target for SWAV

Based on 7 analysts offering 12 month price targets for Shockwave Medical Inc.
Min Forecast
$210.00-35.88%
Avg Forecast
$313.71-4.21%
Max Forecast
$360.00+9.92%

Should I buy or sell SWAV stock?

Based on 7 analysts offering ratings for Shockwave Medical Inc.
Buy
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SWAV stock forecasts and price targets.

SWAV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-04-02Find Out Why
Anonymous
CL King
BuyInitiates Coverage On$368.00+12.37%2024-03-27
Wells Fargo
Top 13%
88
HoldMaintains$210.00-35.88%2024-02-16
Needham
Bottom 1%
1
BuyMaintains$286.00-12.67%2024-02-16

1 of 1

Forecast return on equity

Is SWAV forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.72%

Forecast return on assets

Is SWAV forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

SWAV revenue forecast

What is SWAV's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$921.2M+26.15%
Avg 2 year Forecast
$1.1B+53.67%
Avg 3 year Forecast
$1.3B+82.56%
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
17.05%
Industry
25.13%
Market
21.75%
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
22.15%
Industry
8.33%
Market
10.27%
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$327.50$313.71-4.21%Buy
PODD$166.26$224.67+35.13%Buy
BRKR$82.94$85.67+3.29%Buy
SNN$23.92N/AN/A
BIO$290.86$421.67+44.97%Buy

Shockwave Medical Stock Forecast FAQ

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

The consensus among 7 Wall Street analysts covering (NASDAQ: SWAV) stock is to Buy SWAV stock.

Out of 7 analysts, 1 (14.29%) are recommending SWAV as a Strong Buy, 1 (14.29%) are recommending SWAV as a Buy, 5 (71.43%) are recommending SWAV as a Hold, 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: SWAV) Shockwave Medical's forecast annual revenue growth rate of 22.15% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.33%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.27%.

Shockwave Medical's revenue in 2024 is $730,230,000.On average, 7 Wall Street analysts forecast SWAV's revenue for 2024 to be $34,449,460,741, with the lowest SWAV revenue forecast at $34,225,566,003, and the highest SWAV revenue forecast at $34,593,251,498. On average, 7 Wall Street analysts forecast SWAV's revenue for 2025 to be $41,963,415,995, with the lowest SWAV revenue forecast at $40,544,132,035, and the highest SWAV revenue forecast at $43,899,673,541.

In 2026, SWAV is forecast to generate $49,855,153,885 in revenue, with the lowest revenue forecast at $48,204,495,824 and the highest revenue forecast at $53,031,976,008.

What is SWAV's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: SWAV) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is SWAV's Price Target?

According to 7 Wall Street analysts that have issued a 1 year SWAV price target, the average SWAV price target is $313.71, with the highest SWAV stock price forecast at $360.00 and the lowest SWAV stock price forecast at $210.00.

On average, Wall Street analysts predict that Shockwave Medical's share price could fall to $313.71 by Apr 8, 2025. The average Shockwave Medical stock price prediction forecasts a potential downside of 4.21% from the current SWAV share price of $327.50.

What is SWAV's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: SWAV) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.