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NASDAQ: TECH
Bio Techne Corp Stock Forecast, Predictions & Price Target

Analyst price target for TECH

Based on 6 analysts offering 12 month price targets for Bio Techne Corp.
Min Forecast
$65.00-12.62%
Avg Forecast
$77.83+4.63%
Max Forecast
$87.00+16.95%

Should I buy or sell TECH stock?

Based on 6 analysts offering ratings for Bio Techne Corp.
Strong Buy
Strong Buy
4 analysts 66.67%
Buy
0 analysts 0%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TECH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2023-12-07
lockedlocked$00.00+00.00%2023-11-01
KeyBanc
Top 20%
81
Strong BuyMaintains$80.00+7.54%2023-11-01

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Forecast return on equity

Is TECH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.49%

Forecast return on assets

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

TECH revenue forecast

What is TECH's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.1B+0.39%
Avg 2 year Forecast
$1.3B+9.58%
Avg 3 year Forecast
$1.4B+23.04%
TECH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TECH earnings growth forecast

How is TECH forecast to perform vs Biotechnology companies and vs the US market?
Company
29.33%
Industry
6.43%
Market
22.31%
TECH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TECH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TECH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TECH revenue growth forecast

How is TECH forecast to perform vs Biotechnology companies and vs the US market?
Company
6.84%
Industry
53.01%
Market
11.07%
TECH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TECH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TECH vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
TECH$74.39$77.83+4.63%Strong Buy
KRTX$315.55$300.46-4.78%Buy
LEGN$67.78$82.00+20.98%Buy
UTHR$227.28$293.50+29.14%Buy
SRPT$137.50$145.75+6.00%Strong Buy

Bio Techne Stock Forecast FAQ

Is Bio Techne Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 6 analysts, 4 (66.67%) are recommending TECH as a Strong Buy, 0 (0%) are recommending TECH as a Buy, 2 (33.33%) are recommending TECH as a Hold, 0 (0%) are recommending TECH as a Sell, and 0 (0%) are recommending TECH as a Strong Sell.

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

What is TECH's revenue growth forecast for 2024-2026?

(NASDAQ: TECH) Bio Techne's forecast annual revenue growth rate of 6.84% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 53.01%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.07%.

Bio Techne's revenue in 2024 is $1,144,999,000.On average, 5 Wall Street analysts forecast TECH's revenue for 2024 to be $180,683,825,132, with the lowest TECH revenue forecast at $179,890,164,314, and the highest TECH revenue forecast at $181,572,115,344. On average, 5 Wall Street analysts forecast TECH's revenue for 2025 to be $197,221,333,544, with the lowest TECH revenue forecast at $193,738,751,763, and the highest TECH revenue forecast at $200,081,279,061.

In 2026, TECH is forecast to generate $221,453,374,937 in revenue, with the lowest revenue forecast at $218,676,269,438 and the highest revenue forecast at $222,897,809,330.

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

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

What is TECH's Price Target?

According to 6 Wall Street analysts that have issued a 1 year TECH price target, the average TECH price target is $77.83, with the highest TECH stock price forecast at $87.00 and the lowest TECH stock price forecast at $65.00.

On average, Wall Street analysts predict that Bio Techne's share price could reach $77.83 by Feb 2, 2025. The average Bio Techne stock price prediction forecasts a potential upside of 4.63% from the current TECH share price of $74.39.

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

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