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

Analyst price target for TECH

Based on 8 analysts offering 12 month price targets for Bio Techne Corp.
Min Forecast
$89.00+9.62%
Avg Forecast
$290.50+257.8%
Max Forecast
$500.00+515.84%

Should I buy or sell TECH stock?

Based on 8 analysts offering ratings for Bio Techne Corp.
Strong Buy
Strong Buy
4 analysts 50%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TECH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 23%
78
HoldUpgrades$90.00+10.85%2023-01-10
Deutsche Bank
Top 35%
66
Strong BuyInitiates Coverage On$100.00+23.17%2022-12-14
Citigroup
Top 5%
96
Strong BuyUpgrades$100.00+23.17%2022-12-12Find out why
RBC Capital
Top 41%
60
HoldInitiates Coverage On$89.00+9.62%2022-12-07
SVB Leerink
Bottom 2%
2
BuyMaintains$500.00+515.84%2022-11-02
Credit Suisse
Top 7%
94
BuyInitiates Coverage On$465.00+472.73%2022-08-25
Stephens & Co.
Bottom 18%
18
Strong BuyMaintains$480.00+491.21%2022-08-05
KeyBanc
Top 11%
90
Strong BuyMaintains$500.00+515.84%2022-05-05

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Forecast return on equity

Is TECH forecast to generate an efficient return?
Company
97.88%
Industry
17.19%
Market
59.76%
TECH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TECH forecast to generate an efficient return on assets?
Company
72.92%
Industry
13.37%
TECH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TECH earnings per share forecast

What is TECH's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$7.90+324.73%
Avg 2 year Forecast
$9.64+418.28%
Avg 3 year Forecast
$10.92+487.1%
TECH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TECH revenue forecast

What is TECH's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.2B+10.87%
Avg 2 year Forecast
$1.4B+27.83%
Avg 3 year Forecast
$1.7B+51.05%
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
125.98%
Industry
10.96%
Market
28.02%
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
13.75%
Industry
66.72%
Market
10.97%
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$81.19$290.50+257.80%Strong Buy
UTHR$259.68$279.82+7.75%Buy
SRPT$122.89$153.56+24.95%Strong Buy
NBIX$108.25$120.81+11.61%Buy
JAZZ$155.57$198.78+27.77%Strong Buy

Bio Techne Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NASDAQ: TECH) stock is to Strong Buy TECH stock.

Out of 8 analysts, 4 (50%) are recommending TECH as a Strong Buy, 2 (25%) are recommending TECH as a Buy, 2 (25%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: TECH) Bio Techne's forecast annual earnings growth rate of 125.98% is forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 10.96%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 28.02%.

Bio Techne's earnings in 2023 is $291,991,000.On average, 4 Wall Street analysts forecast TECH's earnings for 2023 to be $1,240,059,334, with the lowest TECH earnings forecast at $1,177,271,520, and the highest TECH earnings forecast at $1,307,556,235. On average, 2 Wall Street analysts forecast TECH's earnings for 2024 to be $1,513,186,327, with the lowest TECH earnings forecast at $1,447,259,122, and the highest TECH earnings forecast at $1,579,113,532.

In 2025, TECH is forecast to generate $1,714,107,333 in earnings, with the lowest earnings forecast at $1,714,107,333 and the highest earnings forecast at $1,714,107,333.

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

(NASDAQ: TECH) Bio Techne's forecast annual revenue growth rate of 13.75% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 66.72%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.97%.

Bio Techne's revenue in 2023 is $1,117,535,000.On average, 3 Wall Street analysts forecast TECH's revenue for 2023 to be $194,482,115,713, with the lowest TECH revenue forecast at $194,014,346,496, and the highest TECH revenue forecast at $195,128,830,202. On average, 3 Wall Street analysts forecast TECH's revenue for 2024 to be $224,235,063,384, with the lowest TECH revenue forecast at $219,832,381,838, and the highest TECH revenue forecast at $227,605,827,200.

In 2025, TECH is forecast to generate $264,964,576,768 in revenue, with the lowest revenue forecast at $264,964,576,768 and the highest revenue forecast at $264,964,576,768.

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

(NASDAQ: TECH) forecast ROA is 72.92%, which is higher than the forecast US Biotechnology industry average of 13.37%.

What is TECH's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TECH price target, the average TECH price target is $290.50, with the highest TECH stock price forecast at $500.00 and the lowest TECH stock price forecast at $89.00.

On average, Wall Street analysts predict that Bio Techne's share price could reach $290.50 by Jan 10, 2024. The average Bio Techne stock price prediction forecasts a potential upside of 257.8% from the current TECH share price of $81.19.

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

(NASDAQ: TECH) Bio Techne's current Earnings Per Share (EPS) is $1.86. On average, analysts forecast that TECH's EPS will be $7.90 for 2023, with the lowest EPS forecast at $7.50, and the highest EPS forecast at $8.33. On average, analysts forecast that TECH's EPS will be $9.64 for 2024, with the lowest EPS forecast at $9.22, and the highest EPS forecast at $10.06. In 2025, TECH's EPS is forecast to hit $10.92 (min: $10.92, max: $10.92).

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

(NASDAQ: TECH) forecast ROE is 97.88%, which is considered strong.
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