BRIGHT HEALTH GROUP INC (BHG) Forecast, Price Target & Analyst Ratings

NYSE:BHG • US10920V4041

Current stock price

16.35 USD
+1.4 (+9.36%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BRIGHT HEALTH GROUP INC (BHG).

Forecast Snapshot

Consensus Price Target

Price Target
$27.20
+ 66.36% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 1, 2024
Period
Q4 / 2023
EPS Estimate
-$4.20
Revenue Estimate
286.27M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
49.09%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$27.20
Upside
+ 66.36%
From current price of $16.35 to mean target of $27.20, Based on 11 analyst forecasts
Low
$7.07
Median
$13.26
High
$63.00

Price Target Revisions

1 Month
0.00%
3 Months
-29.82%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for BHG. The average price target is 27.2 USD. This implies a price increase of 66.36% is expected in the next year compared to the current price of 16.35.
The average price target has been revised downward by 29.82% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BHG Current Analyst RatingBHG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

BHG Historical Analyst RatingsBHG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
49.09%
BHG was analyzed by 11 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about BHG.
In the previous month the buy percentage consensus was at a similar level.
BHG was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-08-30Morgan StanleyMaintains Underweight -> Underweight
2023-08-14RBC CapitalMaintains Sector Perform -> Sector Perform
2023-06-30Nephron ResearchUpgrade Hold -> Buy
2023-06-15BarclaysDowngrade Overweight -> Underweight
2023-05-30RBC CapitalMaintains Sector Perform -> Sector Perform
2023-05-23Morgan StanleyMaintains Underweight -> Underweight
2023-05-22Morgan StanleyMaintains Underweight -> Underweight
2023-05-19Morgan StanleyMaintains Underweight -> Underweight
2022-12-13Goldman SachsDowngrade Neutral -> Sell
2022-11-16CitigroupMaintains Neutral
2022-10-11JP MorganDowngrade Neutral -> Underweight
2022-08-11Piper SandlerMaintains Overweight
2022-05-12Goldman SachsMaintains Neutral
2022-03-04RBC CapitalDowngrade Outperform -> Sector Perform
2022-03-03BarclaysMaintains Overweight
2022-03-03Goldman SachsMaintains Neutral
2022-03-03Morgan StanleyMaintains Underweight
2022-03-03Piper SandlerMaintains Overweight
2022-01-07BarclaysMaintains Overweight
2021-12-17Morgan StanleyDowngrade Equal-Weight -> Underweight
2021-12-16Morgan StanleyDowngrade Equal-Weight -> Underweight
2021-12-14Goldman SachsInitiate Neutral
2021-12-10JP MorganUpgrade Neutral -> Overweight
2021-11-12Morgan StanleyDowngrade Overweight -> Equal-Weight
2021-11-10BarclaysMaintains Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 1, 2024
Period
Q4 / 2023
EPS Estimate
-$4.20
Revenue Estimate
286.27M
Revenue Q2Q
-84.84%
EPS Q2Q
84.55%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
-1.13%
Revenue (3 Months)
0.14%
EPS (1 Month)
0.00%
EPS (3 Months)
-20.06%

Next Earnings Summary

BHG is expected to report earnings on 3/1/2024. The consensus EPS estimate for the next earnings is -4.2 USD and the consensus revenue estimate is 286.27M USD.
The next earnings revenue estimate has been revised upward by 0.14% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
BHG revenue by date.BHG revenue by date.
514.9M
83.43%		1.513B
193.84%		2.412B
59.42%		1.321B
-45.23%		1.266B
-4.16%		1.444B
14.06%
EBITDA
YoY % growth
BHG ebitda by date.BHG ebitda by date.
-157.1M
-27.72%		-306M
-94.78%		-424.4M
-38.69%		4.041M
100.95%		17.041M
321.70%		16.766M
-1.61%
EBIT
YoY % growth
BHG ebit by date.BHG ebit by date.
-165.4M
-33.28%		-341.5M
-106.47%		-475M
-39.09%		-544.794M
-14.69%		7.171M
101.32%		9.898M
38.03%
Operating Margin
BHG operating margin by date.BHG operating margin by date.
-32.12%-22.57%-19.69%-41.24%0.57%0.69%
EPS
YoY % growth
BHG eps by date.BHG eps by date.
N/AN/A-128.80
-12.42%		-95.36
25.96%		-11.81
87.62%		-11.26
4.62%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-4.20
84.55%		-2.80
80.57%		-3.90
2.05%		-2.14
74.90%		-2.97
29.33%
Revenue
Q2Q % growth		286.27M
-84.84%		320.74M
6.70%		320.94M
7.70%		309.11M
14.74%		314.86M
9.99%
EBITDA
Q2Q % growth		1.478M
100.74%		3.34M
109.63%		2.334M
138.26%		8.244M
122.90%		3.123M
111.30%
EBIT
Q2Q % growth		-8.484M
96.60%		1.313M
102.94%		-505K
97.71%		6.161M
110.98%		101K
101.19%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

BHG Yearly Revenue VS EstimatesBHG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
BHG Yearly EPS VS EstimatesBHG Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 -50 -100

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
24.13%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-15.72%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
26.39%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BRIGHT HEALTH GROUP INC / BHG Forecast FAQ

What is the average price target for BRIGHT HEALTH GROUP INC (BHG) stock?

11 analysts have analysed BHG and the average price target is 27.2 USD. This implies a price increase of 66.36% is expected in the next year compared to the current price of 16.35.

When does BRIGHT HEALTH GROUP INC (BHG) report earnings?

BRIGHT HEALTH GROUP INC (BHG) will report earnings on 2024-03-01, after the market close.

What are the consensus estimates for BRIGHT HEALTH GROUP INC (BHG) next earnings?

The consensus EPS estimate for the next earnings of BRIGHT HEALTH GROUP INC (BHG) is -4.2 USD and the consensus revenue estimate is 286.27M USD.

What is the number of analysts for BHG stock?

The number of analysts covering BRIGHT HEALTH GROUP INC (BHG) is 11.