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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CNMD

Based on 5 analysts offering 12 month price targets for Conmed Corp.
Min Forecast
$98.00+37.87%
Avg Forecast
$112.40+58.13%
Max Forecast
$129.00+81.49%

Should I buy or sell CNMD stock?

Based on 5 analysts offering ratings for Conmed Corp.
Strong Buy
Strong Buy
3 analysts 60%
Buy
1 analysts 20%
Hold
1 analysts 20%
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%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2023-10-26

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Forecast return on equity

Is CNMD forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

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

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+8.34%
Avg 2 year Forecast
$1.5B+17.87%
Avg 3 year Forecast
$1.6B+28.95%
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
65.01%
Industry
25.17%
Market
21.73%
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
8.77%
Industry
8.34%
Market
10.23%
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$71.08$112.40+58.13%Strong Buy
NARI$38.64$63.50+64.34%Buy
TNDM$30.93$29.00-6.24%Buy
RXST$51.75$54.83+5.96%Strong Buy
IART$31.63$44.00+39.11%Hold
View Top Medical Device Stocks

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 Strong Buy CNMD stock.

Out of 5 analysts, 3 (60%) are recommending CNMD as a Strong Buy, 1 (20%) are recommending CNMD as a Buy, 1 (20%) 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 revenue growth forecast for 2024-2026?

(NYSE: CNMD) Conmed's forecast annual revenue growth rate of 8.77% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.34%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Conmed's revenue in 2024 is $1,244,744,000.On average, 5 Wall Street analysts forecast CNMD's revenue for 2024 to be $41,508,087,089, with the lowest CNMD revenue forecast at $41,365,080,574, and the highest CNMD revenue forecast at $41,630,716,868. On average, 5 Wall Street analysts forecast CNMD's revenue for 2025 to be $45,162,417,564, with the lowest CNMD revenue forecast at $44,386,808,837, and the highest CNMD revenue forecast at $45,613,722,237.

In 2026, CNMD is forecast to generate $49,403,979,697 in revenue, with the lowest revenue forecast at $47,658,475,303 and the highest revenue forecast at $50,923,370,045.

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

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

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 $112.40, with the highest CNMD stock price forecast at $129.00 and the lowest CNMD stock price forecast at $98.00.

On average, Wall Street analysts predict that Conmed's share price could reach $112.40 by Feb 1, 2025. The average Conmed stock price prediction forecasts a potential upside of 58.13% from the current CNMD share price of $71.08.

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

(NYSE: CNMD) forecast ROE is N/A, which is considered weak.
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