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NASDAQ: VCYT
Veracyte Inc Stock Forecast, Predictions & Price Target

Analyst price target for VCYT

Based on 3 analysts offering 12 month price targets for Veracyte Inc.
Min Forecast
$21.00+0.96%
Avg Forecast
$25.33+21.79%
Max Forecast
$28.00+34.62%

Should I buy or sell VCYT stock?

Based on 3 analysts offering ratings for Veracyte Inc.
Hold
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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VCYT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-08
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-02-26

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Forecast return on equity

Is VCYT forecast to generate an efficient return?
Company
N/A
Industry
4.88%
Market
17.32%

Forecast return on assets

Is VCYT forecast to generate an efficient return on assets?
Company
N/A
Industry
4.89%

VCYT revenue forecast

What is VCYT's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$404.0M+7.6%
Avg 2 year Forecast
$446.3M+18.86%
Avg 3 year Forecast
$486.5M+29.56%
VCYT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

VCYT revenue growth forecast

How is VCYT forecast to perform vs Biotechnology companies and vs the US market?
Company
8.95%
Industry
59.51%
Market
9.65%
VCYT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
VCYT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

VCYT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
VCYT$20.80$25.33+21.79%Hold
EWTX$17.11$32.75+91.41%Strong Buy
ARDX$6.75$14.60+116.30%Strong Buy
KURA$21.17$31.75+49.98%Strong Buy
LGND$86.40$119.50+38.31%Strong Buy

Veracyte Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NASDAQ: VCYT) stock is to Hold VCYT stock.

Out of 3 analysts, 1 (33.33%) are recommending VCYT as a Strong Buy, 1 (33.33%) are recommending VCYT as a Buy, 0 (0%) are recommending VCYT as a Hold, 0 (0%) are recommending VCYT as a Sell, and 1 (33.33%) are recommending VCYT as a Strong Sell.

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

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

(NASDAQ: VCYT) Veracyte's forecast annual revenue growth rate of 8.95% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 59.51%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.65%.

Veracyte's revenue in 2024 is $375,473,000.On average, 4 Wall Street analysts forecast VCYT's revenue for 2024 to be $30,886,319,897, with the lowest VCYT revenue forecast at $30,411,042,246, and the highest VCYT revenue forecast at $31,115,893,451. On average, 4 Wall Street analysts forecast VCYT's revenue for 2025 to be $34,118,697,193, with the lowest VCYT revenue forecast at $33,637,150,800, and the highest VCYT revenue forecast at $34,393,757,349.

In 2026, VCYT is forecast to generate $37,188,240,100 in revenue, with the lowest revenue forecast at $37,034,655,927 and the highest revenue forecast at $37,341,824,272.

What is VCYT's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: VCYT) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 4.89%.

What is VCYT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year VCYT price target, the average VCYT price target is $25.33, with the highest VCYT stock price forecast at $28.00 and the lowest VCYT stock price forecast at $21.00.

On average, Wall Street analysts predict that Veracyte's share price could reach $25.33 by May 8, 2025. The average Veracyte stock price prediction forecasts a potential upside of 21.79% from the current VCYT share price of $20.80.

What is VCYT's forecast return on equity (ROE) for 2024-2026?

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