What is the price target for BLI stock?
11 analysts have analysed BLI and the average price target is 7.65 USD. This implies a price increase of 537.5% is expected in the next year compared to the current price of 1.2.
BERKELEY LIGHTS INC (BLI) Forecast, Price Target & Analyst Ratings
NASDAQ:BLI • US0843101017
Current stock price
1.2 USD
-0.07 (-5.88%)
At close:
1.21 USD
+0.01 (+0.83%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BERKELEY LIGHTS INC (BLI).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- May 8, 2023
- Period
- Q1 / 2023
- EPS Estimate
- -$0.29
- Revenue Estimate
- 18.059M
Price Target Details & History
Consensus Price Target and Range
Mean target
$7.65
Upside
+ 537.50%
From current price of $1.20 to mean target of $7.65, Based on 11 analyst forecasts
Low
$5.05
Median
$7.65
High
$10.50
Price Target Revisions
1 Month
-26.83%
3 Months
-26.83%
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for BLI. The average price target is 7.65 USD. This implies a price increase of 537.5% is expected in the next year compared to the current price of 1.2.
The average price target has been revised downward by 26.83% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
69.09%
BLI was analyzed by 11 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about BLI.
In the previous month the buy percentage consensus was at a similar level.
BLI was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-08-10 | BTIG | Downgrade | Buy -> Neutral |
| 2022-08-10 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2022-08-10 | Morgan Stanley | Downgrade | Equal-Weight -> Underweight |
| 2022-05-10 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-02-25 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-02-15 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-01-06 | William Blair | Downgrade | Outperform -> Market Perform |
| 2022-01-06 | Stifel | Downgrade | Buy -> Hold |
| 2021-10-13 | Berenberg | Initiate | Buy |
| 2021-08-12 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-06-29 | Keybanc | Downgrade | Overweight -> Sector Weight |
| 2021-06-22 | BTIG | Initiate | Buy |
| 2021-05-12 | Morgan Stanley | Maintains | Equal-Weight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- May 8, 2023
- Period
- Q1 / 2023
- EPS Estimate
- -$0.29
- Revenue Estimate
- 18.059M
- Revenue Q2Q
- -10.63%
- EPS Q2Q
- 8.47%
- Number of Analysts
- 7
Next Earnings Revisions
Revenue (1 Month)
-2.29%
Revenue (3 Months)
-19.43%
EPS (1 Month)
-4.32%
EPS (3 Months)
5.44%
Next Earnings Summary
BLI is expected to report earnings on 5/8/2023. The consensus EPS estimate for the next earnings is -0.29 USD and the consensus revenue estimate is 18.06M USD.
The next earnings revenue estimate has been revised downward by 19.43% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
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 | 64.3M 13.42% | 85.388M 32.80% | 78.595M -7.96% | 96.01M 22.16% | 115.36M 20.15% | 140.99M 22.22% | |
| EBITDA YoY % growth | -35.29M -201.62% | -65.191M -84.73% | -85.537M -31.21% | -58.817M 31.24% | -49.155M 16.43% | -12.049M 75.49% | |
| EBIT YoY % growth | -40.39M -144.20% | -70.789M -75.26% | -94.541M -33.55% | -72.366M 23.46% | -62.323M 13.88% | -41.094M 34.06% | |
| Operating Margin | -62.81% | -82.90% | -120.29% | -75.37% | -54.03% | -29.15% | |
| EPS YoY % growth | N/A | -1.07 4.84% | -1.43 -33.64% | -1.08 24.43% | -0.95 11.96% | -0.45 52.65% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.29 8.47% | -0.31 19.73% | -0.28 10.99% | -0.27 34.47% | -0.40 -37.93% | -0.37 -22.52% | -0.33 -17.02% | -0.30 -12.78% |
| Revenue Q2Q % growth | 18.059M -10.63% | 23.028M 20.25% | 26.442M 23.57% | 29.431M 64.96% | 23.483M 30.03% | 27.573M 19.74% | 30.553M 15.55% | 33.027M 12.22% |
| EBITDA Q2Q % growth | -17.278M 10.61% | -15.36M 27.26% | -14.394M -3.57% | -12.121M 33.54% | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | -19.285M 9.34% | -18.412M 27.93% | -18.176M 11.24% | -16.694M 38.72% | -21.812M -13.10% | -19.113M -3.81% | -15.679M 13.74% | -11.957M 28.37% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
19.00%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
17.80%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
22.90%
EBIT Next 5 Year
N/A
BERKELEY LIGHTS INC / BLI Forecast FAQ
What is the next earnings date for BLI stock?
BERKELEY LIGHTS INC (BLI) will report earnings on 2023-05-08, after the market close.
What are the consensus estimates for BERKELEY LIGHTS INC (BLI) next earnings?
The consensus EPS estimate for the next earnings of BERKELEY LIGHTS INC (BLI) is -0.29 USD and the consensus revenue estimate is 18.06M USD.
What is the consensus rating for BLI stock?
The consensus rating for BERKELEY LIGHTS INC (BLI) is 69.0909 / 100 . This indicates that analysts generally have a neutral outlook on the stock.