WallStreetZenWallStreetZen

NYSE: CNMD
Conmed Corp Stock Forecast, Predictions & Price Target

Analyst price target for CNMD

Based on 5 analysts offering 12 month price targets for Conmed Corp.
Min Forecast
$75.00+5.69%
Avg Forecast
$90.40+27.4%
Max Forecast
$107.00+50.79%

Should I buy or sell CNMD stock?

Based on 5 analysts offering ratings for Conmed Corp.
Buy
Strong Buy
2 analysts 40%
Buy
1 analysts 20%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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

CNMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-02-01

1 of 1

Forecast return on equity

Is CNMD forecast to generate an efficient return?
Company
26.96%
Industry
26.91%
Market
80.3%
CNMD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNMD forecast to generate an efficient return on assets?
Company
9.98%
Industry
14.11%
CNMD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNMD earnings per share forecast

What is CNMD's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.30+59.67%
Avg 2 year Forecast
$5.51+104.77%
Avg 3 year Forecast
$6.44+139.22%
CNMD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CNMD revenue forecast

What is CNMD's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.3B+6.38%
Avg 2 year Forecast
$1.5B+15.27%
Avg 3 year Forecast
$1.6B+24.03%
CNMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNMD earnings growth forecast

How is CNMD forecast to perform vs Medical Devices companies and vs the US market?
Company
34.2%
Industry
24.12%
Market
18.64%
CNMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CNMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CNMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CNMD revenue growth forecast

How is CNMD forecast to perform vs Medical Devices companies and vs the US market?
Company
7.45%
Industry
8.22%
Market
11.24%
CNMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNMD vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
CNMD$70.96$90.40+27.40%Buy
QDEL$34.69$55.75+60.71%Sell
NVCR$18.40$25.80+40.22%Buy
UFPT$312.80$323.50+3.42%Strong Buy
IART$31.34$30.00-4.28%Hold

Conmed Stock Forecast FAQ

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

The consensus among 5 Wall Street analysts covering (NYSE: CNMD) stock is to Buy CNMD stock.

Out of 5 analysts, 2 (40%) are recommending CNMD as a Strong Buy, 1 (20%) are recommending CNMD as a Buy, 2 (40%) are recommending CNMD as a Hold, 0 (0%) are recommending CNMD as a Sell, and 0 (0%) are recommending CNMD as a Strong Sell.

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

What is CNMD's earnings growth forecast for 2024-2026?

(NYSE: CNMD) Conmed's forecast annual earnings growth rate of 34.2% is forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 24.12%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.64%.

Conmed's earnings in 2024 is $82,349,000.On average, 6 Wall Street analysts forecast CNMD's earnings for 2024 to be $132,289,208, with the lowest CNMD earnings forecast at $131,827,197, and the highest CNMD earnings forecast at $132,443,212. On average, 6 Wall Street analysts forecast CNMD's earnings for 2025 to be $169,659,755, with the lowest CNMD earnings forecast at $162,627,944, and the highest CNMD earnings forecast at $175,564,258.

In 2026, CNMD is forecast to generate $198,202,807 in earnings, with the lowest earnings forecast at $191,272,639 and the highest earnings forecast at $202,976,923.

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

(NYSE: CNMD) Conmed's forecast annual revenue growth rate of 7.45% is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.24%.

Conmed's revenue in 2024 is $1,261,548,000.On average, 5 Wall Street analysts forecast CNMD's revenue for 2024 to be $41,336,943,331, with the lowest CNMD revenue forecast at $41,195,999,113, and the highest CNMD revenue forecast at $41,473,205,836. On average, 5 Wall Street analysts forecast CNMD's revenue for 2025 to be $44,789,583,866, with the lowest CNMD revenue forecast at $44,083,877,151, and the highest CNMD revenue forecast at $45,215,496,596.

In 2026, CNMD is forecast to generate $48,193,374,417 in revenue, with the lowest revenue forecast at $47,064,773,446 and the highest revenue forecast at $48,834,584,369.

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

(NYSE: CNMD) forecast ROA is 9.98%, which is lower than the forecast US Medical Devices industry average of 14.11%.

What is CNMD's Price Target?

According to 5 Wall Street analysts that have issued a 1 year CNMD price target, the average CNMD price target is $90.40, with the highest CNMD stock price forecast at $107.00 and the lowest CNMD stock price forecast at $75.00.

On average, Wall Street analysts predict that Conmed's share price could reach $90.40 by May 6, 2025. The average Conmed stock price prediction forecasts a potential upside of 27.4% from the current CNMD share price of $70.96.

What is CNMD's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: CNMD) Conmed's current Earnings Per Share (EPS) is $2.69. On average, analysts forecast that CNMD's EPS will be $4.30 for 2024, with the lowest EPS forecast at $4.28, and the highest EPS forecast at $4.30. On average, analysts forecast that CNMD's EPS will be $5.51 for 2025, with the lowest EPS forecast at $5.28, and the highest EPS forecast at $5.70. In 2026, CNMD's EPS is forecast to hit $6.44 (min: $6.21, max: $6.59).

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

(NYSE: CNMD) forecast ROE is 26.96%, which is considered strong.
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.