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NeoGenomics Inc

NeoGenomics Inc Stock Forecast & Price Prediction

Live NeoGenomics Inc Stock (NEO) Price
$16.4

9

Ratings

  • Buy 8
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$16.4

P/E Ratio

-23.33

Volume Traded Today

$446,470

Dividend

Dividends not available for NEO

52 Week High/low

21.22/11.03

NeoGenomics Inc Market Cap

$2.10B

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NEO Summary

Based on ratings from 9 stock analysts, the NeoGenomics Inc stock price is expected to increase by 26.52% in 12 months. This is calculated by using the average 12-month stock price forecast for NeoGenomics Inc. The lowest target is $16 and the highest is $30. Please note analyst price targets are not guaranteed and could be missed completely.

NEO Analyst Ratings

NeoGenomics Inc has a total of 9 Wall St Analyst ratings. There are 8 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that NeoGenomics Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

NEO stock forecast by analyst

These are the latest 20 analyst ratings of NEO.

Analyst/Firm

Rating

Price Target

Change

Date

Mike Matson
Needham

Buy

$19

Reiterates

Jul 30, 2024
Mason Carrico
Stephens & Co.

Overweight

$19

Reiterates

Jul 30, 2024
Bruce Jackson
Benchmark

Buy

$18

Reiterates

Jul 30, 2024
Mark Massaro
BTIG

Buy

$21

Maintains

May 2, 2024
Dan Brennan
TD Cowen

Buy

$20

Maintains

May 1, 2024
Alex Nowark
Craig-Hallum

Buy

$26

Assumes

May 1, 2024
Bruce Jackson
Benchmark

Buy

$18

Reiterates

May 1, 2024
Mike Matson
Needham

Buy

$19

Maintains

Apr 30, 2024
David Westenberg
Piper Sandler

Overweight

$20

Maintains

Feb 26, 2024
Matthew Sykes
Goldman Sachs

Buy

$19

Maintains

Feb 22, 2024
Mike Matson
Needham

Buy

$24

Maintains

Feb 21, 2024
Mark Massaro
BTIG

Buy

$21

Maintains

Dec 29, 2023
Dan Brennan
TD Cowen

Outperform

$19

Maintains

Dec 29, 2023
Mike Matson
Needham

Buy

$21

Reiterates

Dec 28, 2023
Tejas Savant
Morgan Stanley

Equal-Weight

$17

Maintains

Nov 8, 2023
Mike Matson
Needham

Buy

$21

Reiterates

Nov 7, 2023
Tejas Savant
Morgan Stanley

Equal-Weight

$16

Maintains

Oct 24, 2023
Matthew Sykes
Goldman Sachs

Buy

$17

Maintains

Oct 23, 2023
Matthew Sykes
Goldman Sachs

Buy

$17

Maintains

Oct 20, 2023
David Westenberg
Piper Sandler

Overweight

$18

Maintains

Oct 16, 2023

NEO Company Information

  • Company Overview: NeoGenomics, Inc. operates a network of cancer-focused testing laboratories in the US and the UK.
  • Business Segments: The company operates through two main segments: Clinical Services and Advanced Diagnostics.
  • Target Clients: Services are offered to hospitals, academic centers, pathologists, oncologists, clinicians, pharmaceutical companies, and clinical laboratories.
  • Testing Services Provided:
    • Cytogenetics Testing: Studies normal and abnormal chromosomes related to diseases.
    • Fluorescence in-situ Hybridization Testing: Detects specific DNA sequences on chromosomes.
    • Flow Cytometry: Measures characteristics of cell populations.
    • Immunohistochemistry and Digital Imaging: Localizes cellular proteins and allows for visualization and quantitative analysis.
    • Molecular Testing: Analyzes DNA/RNA and gene structures/functions at the molecular level.
    • Morphologic Analysis: Microscopic analysis of cells for diagnostic purposes.
    • Support for Pharmaceutical Clients: Offers testing services for oncology programs in drug discovery and commercialization.
  • Founded: 2001
  • Headquarters: Fort Myers, Florida
NEO
NeoGenomics Inc (NEO)

When did it IPO

N/A

Staff Count

2,100

Country

United States

Sector/Industry

Healthcare/Diagnostics & Research

CEO

Mr. Christopher Michael Smith BSc

Market Cap

$2.10B

NeoGenomics Inc (NEO) Financial Data

In 2023, NEO generated $591.6M in revenue, which was a increase of 16.07% from the previous year. This can be seen as a signal that NEO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$444.4M

Revenue From 2021

$484.3M

8.97 %
From Previous Year

Revenue From 2022

$509.7M

5.24 %
From Previous Year

Revenue From 2023

$591.6M

16.07 %
From Previous Year
  • Revenue TTM $628.2M
  • Operating Margin TTM -12.4%
  • Gross profit TTM $244.6M
  • Return on assets TTM -3.3%
  • Return on equity TTM -8.4%
  • Profit Margin -12.5%
  • Book Value Per Share 7.16%
  • Market capitalisation $2.10B
  • Revenue for 2021 $484.3M
  • Revenue for 2022 $509.7M
  • Revenue for 2023 $591.6M
  • EPS this year (TTM) $-0.62

NeoGenomics Inc (NEO) Latest News

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NeoGenomics will present three studies at the European Society for Medical Oncology Congress in Barcelona from September 13-17, showcasing its research advancements.

Why It Matters - NeoGenomics presenting studies at a major oncology congress could indicate advancements in their research, potentially influencing stock performance and investor interest in the company.

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NeoGenomics will present at the Morgan Stanley 22nd Annual Global Healthcare Conference on September 6, 2024, at 10:45 a.m. ET in New York City.

Why It Matters - NeoGenomics' participation in a prominent healthcare conference highlights its visibility and potential growth, influencing investor sentiment and stock performance.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - NeoGenomics, Inc. (NEO) held its Q2 2024 earnings call, providing insights into financial performance and strategic developments. Further details are available in the transcript.

Why It Matters - NeoGenomics' Q2 2024 earnings call reveals financial performance and strategic insights, impacting stock valuation and future growth expectations for investors.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NeoGenomics reported its second-quarter results for the period ended June 30, 2024. Further details on financial performance were not provided in the excerpt.

Why It Matters - NeoGenomics' second-quarter results can indicate its financial health and growth trajectory, influencing stock performance and investor sentiment.

News Image

Mon, 29 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - NeoGenomics (NEO) reported revenue and EPS for Q2 2024; investors should compare these figures against Wall Street estimates and year-ago metrics for a comprehensive analysis.

Why It Matters - Comparing NeoGenomics' revenue and EPS to Wall Street estimates and prior year figures helps assess growth potential, market performance, and future investment viability.

News Image

Tue, 09 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NeoGenomics will release its Q2 2024 financial results on July 29, 2024, after U.S. market close.

Why It Matters - NeoGenomics' upcoming Q2 2024 financial results could impact stock prices, investor sentiment, and market expectations based on performance and guidance.

...

NEO Frequently asked questions

The highest forecasted price for NEO is $30 from at .

The lowest forecasted price for NEO is $16 from Tejas Savant from Morgan Stanley

The NEO analyst ratings consensus are 8 buy ratings, 1 hold ratings, and 0 sell ratings.