What is the average price target for SEAGEN INC (SGEN) stock?
23 analysts have analysed SGEN and the average price target is 233.48 USD. This implies a price increase of 2.07% is expected in the next year compared to the current price of 228.74.
SEAGEN INC (SGEN) Forecast, Price Target & Analyst Ratings
NASDAQ:SGEN • US81181C1045
Current stock price
228.74 USD
-0.16 (-0.07%)
At close:
228.95 USD
+0.21 (+0.09%)
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 SEAGEN INC (SGEN).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 13, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.98
- Revenue Estimate
- 698.3M
Price Target Details & History
Consensus Price Target and Range
Mean target
$233.48
Upside
+ 2.07%
From current price of $228.74 to mean target of $233.48, Based on 23 analyst forecasts
Low
$230.28
Median
$233.58
High
$240.45
Price Target Revisions
1 Month
0.00%
3 Months
1.81%
Price Target Summary
23 Wall Street analysts provided a forecast for the next 12 months for SGEN. The average price target is 233.48 USD. This implies a price increase of 2.07% is expected in the next year compared to the current price of 228.74.
The average price target has been revised upward by 1.81% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
72.17%
SGEN was analyzed by 23 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about SGEN.
In the previous month the buy percentage consensus was at a similar level.
SGEN was analyzed by 23 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-10-18 | Truist Securities | Reiterate | Hold -> Hold |
| 2023-09-25 | Truist Securities | Reiterate | Hold -> Hold |
| 2023-08-03 | Morgan Stanley | Reiterate | Equal-Weight -> Equal-Weight |
| 2023-03-24 | Berenberg | Downgrade | Buy -> Hold |
| 2023-03-21 | TD Securities | Maintains | Market Perform |
| 2023-03-20 | Truist Securities | Maintains | Hold |
| 2023-03-15 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |
| 2023-03-14 | BMO Capital | Downgrade | Outperform -> Market Perform |
| 2023-03-14 | JMP Securities | Downgrade | Market Outperform -> Market Perform |
| 2023-03-14 | Needham | Downgrade | Buy -> Hold |
| 2023-03-14 | Oppenheimer | Maintains | Outperform |
| 2023-03-14 | RBC Capital | Maintains | Outperform |
| 2023-03-14 | Barclays | Maintains | Equal-Weight |
| 2023-03-14 | Raymond James | Downgrade | Strong Buy -> Market Perform |
| 2023-03-13 | Evercore ISI Group | Downgrade | Outperform -> In-Line |
| 2023-03-06 | Needham | Maintains | Buy |
| 2023-02-28 | Guggenheim | Reiterate | Buy |
| 2023-02-28 | Oppenheimer | Maintains | Outperform |
| 2023-02-23 | Needham | Maintains | Buy |
| 2023-02-21 | Oppenheimer | Maintains | Outperform |
| 2023-02-17 | JMP Securities | Maintains | Market Outperform |
| 2023-02-17 | Oppenheimer | Maintains | Outperform |
| 2023-02-16 | BMO Capital | Maintains | Outperform |
| 2023-02-16 | Needham | Reiterate | Buy |
| 2023-02-16 | RBC Capital | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 13, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.98
- Revenue Estimate
- 698.3M
- Revenue Q2Q
- 32.20%
- EPS Q2Q
- -22.67%
- Number of Analysts
- 19
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
101,391.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-47.40%
Next Earnings Summary
SGEN is expected to report earnings on 2/13/2024. The consensus EPS estimate for the next earnings is -0.98 USD and the consensus revenue estimate is 698.30M USD.
The next earnings revenue estimate has been revised upward by 101391% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
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 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 2.176B 137.32% | 1.574B -27.63% | 1.962B 24.64% | 2.505B 27.65% | 3.318B 32.46% | 4.277B 28.90% | 5.329B 24.60% | 6.318B 18.56% | 7.178B 13.61% | 8.267B 15.17% | 8.993B 8.78% | |
| EBITDA YoY % growth | 649.2M 430.05% | -616.1M -194.90% | -543.2M 11.83% | -776.198M -42.89% | -345.024M 55.55% | 259.11M 175.10% | 774.31M 198.83% | 1.337B 72.67% | 1.748B 30.74% | 2.088B 19.45% | 2.448B 17.24% | |
| EBIT YoY % growth | 596.9M 370.70% | -682.1M -214.27% | -613M 10.13% | -838.377M -36.77% | -426.666M 49.11% | 115.42M 127.05% | 784.71M 579.87% | 1.451B 84.91% | 2B 37.84% | 2.594B 29.70% | 3.055B 17.77% | |
| Operating Margin | 27.44% | -43.32% | -31.24% | -33.47% | -12.86% | 2.70% | 14.73% | 22.97% | 27.86% | 31.38% | 33.97% | |
| EPS YoY % growth | 3.30 436.73% | -3.70 -212.12% | -3.30 10.81% | -4.25 -28.74% | -2.01 52.66% | 0.62 130.94% | 3.77 505.62% | 6.78 79.96% | 8.95 31.96% | 11.75 31.31% | 13.29 13.11% |
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 | -0.98 -22.67% | -0.75 19.28% | -0.64 43.31% | -0.59 48.91% | -0.69 30.10% |
| Revenue Q2Q % growth | 698.3M 32.20% | 715.71M 37.72% | 783.41M 29.75% | 838.64M 29.28% | 891.65M 27.69% |
| EBITDA Q2Q % growth | -199.242M -136.63% | -88.709M 34.96% | -85.445M 51.83% | -96.869M 43.97% | -100.031M 49.79% |
| EBIT Q2Q % growth | -184.668M -19.91% | -132.275M 14.39% | -111.362M 47.89% | -104.376M 54.28% | -132.772M 28.10% |
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
29.83%
EPS Next 5 Year
32.31%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
29.91%
Revenue Next 5 Year
26.49%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
33.65%
EBIT Next 5 Year
31.94%
SEAGEN INC / SGEN Forecast FAQ
What is the next earnings date for SGEN stock?
SEAGEN INC (SGEN) will report earnings on 2024-02-13, after the market close.
What are the consensus estimates for SGEN stock next earnings?
The consensus EPS estimate for the next earnings of SEAGEN INC (SGEN) is -0.98 USD and the consensus revenue estimate is 698.30M USD.
How do analysts rate SEAGEN INC (SGEN)?
The consensus rating for SEAGEN INC (SGEN) is 72.1739 / 100 . This indicates that analysts generally have a positive outlook on the stock.