What is the average price target for EDGIO INC (EGIO) stock?
7 analysts have analysed EGIO and the average price target is 30.6 USD. This implies a price increase of 2656.76% is expected in the next year compared to the current price of 1.11.
EDGIO INC (EGIO) Forecast, Price Target & Analyst Ratings
NASDAQ:EGIO • US53261M2035
Current stock price
1.11 USD
-0.27 (-19.57%)
At close:
1.0496 USD
-0.06 (-5.44%)
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 EDGIO INC (EGIO).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Oct 17, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$1.05
- Revenue Estimate
- 100.25M
Price Target Details & History
Consensus Price Target and Range
Mean target
$30.60
Upside
+ 2,656.76%
From current price of $1.11 to mean target of $30.60, Based on 7 analyst forecasts
Low
$10.10
Median
$30.60
High
$52.50
Price Target Revisions
1 Month
34.33%
3 Months
34.33%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for EGIO. The average price target is 30.6 USD. This implies a price increase of 2656.76% is expected in the next year compared to the current price of 1.11.
The average price target has been revised upward by 34.33% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.71%
EGIO was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about EGIO.
In the previous month the buy percentage consensus was at a similar level.
EGIO was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-04-19 | Craig-Hallum | Maintains | Hold -> Hold |
| 2024-03-18 | DA Davidson | Maintains | Neutral -> Neutral |
| 2023-08-16 | DA Davidson | Reiterate | Neutral -> Neutral |
| 2023-07-20 | Lake Street | Maintains | Buy -> Buy |
| 2023-03-13 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2022-11-11 | Raymond James | Maintains | Strong Buy |
| 2022-11-10 | Cowen & Co. | Downgrade | Outperform -> Market Perform |
| 2022-11-10 | Northland Capital Markets | Downgrade | Outperform -> Market Perform |
| 2022-06-21 | Cowen & Co. | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Oct 17, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$1.05
- Revenue Estimate
- 100.25M
- Revenue Q2Q
- 17.70%
- EPS Q2Q
- -450.26%
- Number of Analysts
- 4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.27%
EPS (1 Month)
0.00%
EPS (3 Months)
0.90%
Next Earnings Summary
EGIO is expected to report earnings on 10/17/2024. The consensus EPS estimate for the next earnings is -1.05 USD and the consensus revenue estimate is 100.25M USD.
The next earnings revenue estimate has been revised upward by 0.27% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 223.99M 11.64% | 201.115M -10.21% | 338.598M 68.36% | 401.24M 18.50% | 405.38M 1.03% | 469.88M 15.91% | 528.62M 12.50% | 594.69M 12.50% | 669.03M 12.50% | |
| EBITDA YoY % growth | 6.155M 41.82% | -10.652M -273.06% | -53.201M -399.45% | -37.323M 29.85% | 3.036M 108.13% | 32.567M 972.69% | 57.823M 77.55% | 87.558M 51.42% | 122.5M 39.91% | |
| EBIT YoY % growth | -17.223M -9.53% | -37.552M -118.03% | -96.113M -155.95% | -55.371M 42.39% | -19.545M 64.70% | -23.664M -21.07% | -3.074M 87.01% | 20.846M 778.08% | 49.243M 136.22% | |
| Operating Margin | -7.69% | -18.67% | -28.39% | -13.80% | -4.82% | -5.04% | -0.58% | 3.51% | 7.36% | |
| EPS YoY % growth | -0.01 0.00% | -0.14 -1,300.00% | -0.24 -71.43% | -10.61 -4,320.00% | -5.78 45.53% | 1.63 128.24% | 0.15 -90.63% | 11.42 7,366.67% | 17.54 53.57% |
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 | -1.05 -450.26% | -2.04 43.39% | -1.99 44.85% | -1.73 38.14% | -1.40 -34.00% |
| Revenue Q2Q % growth | 100.25M 17.70% | 96.188M -5.65% | 95.971M 0.22% | 97.986M 0.98% | 100.83M 0.58% |
| EBITDA Q2Q % growth | 727.26K 117.74% | -752.423K 96.54% | -505.583K 95.00% | 844.897K -84.61% | 3.483M 378.92% |
| EBIT Q2Q % growth | -5.282M 87.60% | -6.23M 79.87% | -6.305M 78.11% | -4.675M 79.51% | -2.336M 55.76% |
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
106.46%
EPS Next 5 Year
118.32%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
8.35%
Revenue Next 5 Year
9.99%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
40.08%
EBIT Next 5 Year
32.04%
EDGIO INC / EGIO Forecast FAQ
What is the next earnings date for EGIO stock?
EDGIO INC (EGIO) will report earnings on 2024-10-17, after the market close.
Can you provide the consensus estimates for EDGIO INC next earnings?
The consensus EPS estimate for the next earnings of EDGIO INC (EGIO) is -1.05 USD and the consensus revenue estimate is 100.25M USD.
What is the consensus rating for EDGIO INC (EGIO) stock?
The consensus rating for EDGIO INC (EGIO) is 45.7143 / 100 . This indicates that analysts generally have a neutral outlook on the stock.