$2.12
10.92%
Nasdaq, Fri, Nov 15 2024
ISIN
US74319F1075
Symbol
PROG

Progenity Inc Target price 2024 - Analyst rating & recommendation

Progenity Inc Classifications & Recommendation:

Buy
100%

Progenity Inc Price Target

Target Price $34.00
Price $2.12
Potential
Number of Estimates 2
2 Analysts have issued a price target Progenity Inc 2025 . The average Progenity Inc target price is $34.00. This is higher than the current stock price. The highest price target is
$45.00 2,022.64%
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, the lowest is .
A rating was issued by 1 analysts: 1 Analysts recommend Progenity Inc to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Progenity Inc stock has an average upside potential 2025 of . Most analysts recommend the Progenity Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 0.00 0.98
100.00%

2 Analysts have issued a sales forecast Progenity Inc 2024 . The average Progenity Inc sales estimate is

$980k
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. This is
10.11% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.1m 23.60%
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, the lowest is
$860k 3.37%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $0.0 100.00%
2025
$2.5m 155.36%
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2026
$2.8m 10.39%
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2027
$6.1m 120.81%
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2028
$20.6m 237.70%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Dec '23 2024
Estimates
Earnings Per Share $ -78.69 -82.50
1,473.80% 4.84%
P/E negative
EV/Sales 45.68

The average Progenity Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-82.50
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. This is
41.34% lower
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-78.69 1,473.80%
2024
$-82.50 4.84%
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2025
$-85.00 3.03%
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P/E ratio

Current -0.04 84.62%
2024
-0.03 25.00%
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2025
-0.02 33.33%
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Based on analysts' sales estimates for 2024, the Progenity Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

45.68
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 50.30 96.33%
2024
45.68 9.18%
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2025
17.89 60.84%
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2026
16.21 9.41%
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2027
7.34 54.71%
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2028
2.17 70.39%
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P/S ratio

Current 10.54 96.82%
2024
9.57 9.18%
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2025
3.75 60.84%
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2026
3.40 9.41%
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2027
1.54 54.71%
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2028
0.46 70.39%
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