SOMALOGIC INC (SLGC) Forecast, Price Target & Analyst Ratings
NASDAQ:SLGC • US83444K1051
2.1 USD
-0.1 (-4.55%)
At close: Jan 5, 2024
2 USD
-0.1 (-4.76%)
After Hours: 1/5/2024, 8:26:28 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SOMALOGIC INC (SLGC).
Forecast Snapshot
Consensus Price Target
$4.01
+ 91.05% Upside
Next Earnings Forecast
Release DateMar 26, 2024
PeriodQ4 / 2023
EPS Estimate-$0.16
Revenue Estimate21.471M
ChartMill Buy Consensus
80.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.01
Upside
+ 91.05%
From current price of $2.10 to mean target of $4.01, Based on 10 analyst forecasts
Low
$2.32
Median
$2.55
High
$7.35
Price Target Revisions
1 Month
0.00%
3 Months
-21.33%
Price Target Summary
10 analysts have analysed SLGC and the average price target is 4.01 USD. This implies a price increase of 91.05% is expected in the next year compared to the current price of 2.1.
The average price target has been revised downward by 21.33% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
SLGC was analyzed by 10 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about SLGC.
In the previous month the buy percentage consensus was at a similar level.
SLGC was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-10-05 | Jefferies | Downgrade | Buy -> Hold |
| 2023-09-25 | Canaccord Genuity | Downgrade | Buy -> Hold |
| 2023-03-29 | TD Cowen | Maintains | Outperform |
| 2023-03-29 | Stifel | Maintains | Buy |
| 2023-03-29 | Canaccord Genuity | Maintains | Buy |
| 2022-08-16 | Cowen & Co. | Maintains | Outperform |
| 2022-06-23 | Cowen & Co. | Maintains | Outperform |
| 2022-05-13 | Canaccord Genuity | Maintains | Buy |
| 2022-02-01 | Stifel | Initiate | Buy |
| 2021-12-14 | Canaccord Genuity | Initiate | Buy |
| 2021-12-10 | Jefferies | Initiate | Buy |
| 2021-11-23 | Cowen & Co. | Initiate | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateMar 26, 2024
PeriodQ4 / 2023
EPS Estimate-$0.16
Revenue Estimate21.471M
Revenue Q2Q14.03%
EPS Q2Q39.19%
Number of Analysts6
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
1.32%
EPS (1 Month)
0.00%
EPS (3 Months)
7.46%
Next Earnings Summary
SLGC is expected to report earnings on 3/26/2024. The consensus EPS estimate for the next earnings is -0.16 USD and the consensus revenue estimate is 21.47M USD.
The next earnings revenue estimate has been revised upward by 1.32% 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 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 55.89M 73.63% | 81.63M 46.05% | 97.67M 19.65% | 85.476M -12.48% | 100.6M 17.69% | 120.84M 20.12% | 143.16M 18.47% | 170.24M 18.92% | 205.33M 20.61% | 245.51M 19.57% | 292.94M 19.32% | |
| EBITDA YoY % growth | -31.41M 34.27% | -70.74M -125.21% | -171.19M -142.00% | -110.849M 35.25% | -92.565M 16.49% | -82.892M 10.45% | -108.834M -31.30% | -98.226M 9.75% | -83.64M 14.85% | -63.444M 24.15% | -34.782M 45.18% | |
| EBIT YoY % growth | -34.23M 32.82% | -73.31M -114.17% | -175.76M -139.75% | -132.6M 24.56% | -111.053M 16.25% | -96.628M 12.99% | -71.349M 26.16% | -108.426M -51.97% | -94.86M 12.51% | -75.684M 20.22% | -49.47M 34.64% | |
| Operating Margin | -61.25% | -89.81% | -179.95% | -155.13% | -110.39% | -79.96% | -49.84% | -63.69% | -46.20% | -30.83% | -16.89% | |
| EPS YoY % growth | N/A | N/A | -0.59 2.37% | -0.60 -2.43% | -0.54 10.13% | -0.51 6.73% | -0.53 -4.70% | -0.47 11.54% | -0.39 17.39% | -0.28 28.95% | -0.15 44.44% |
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 | -0.16 39.19% | -0.15 17.83% | -0.14 -5.92% | -0.12 -4.13% | -0.14 14.52% |
| Revenue Q2Q % growth | 21.471M 14.03% | 22.899M 12.36% | 24.276M 18.59% | 26.775M 21.43% | 26.699M 24.35% |
| EBITDA Q2Q % growth | -26.342M 47.22% | -24.514M 36.23% | -23.018M 16.18% | -21.998M -19.68% | -21.386M 18.81% |
| EBIT Q2Q % growth | -32.436M 40.46% | -28.152M 29.95% | -26.724M 14.07% | -25.874M -8.17% | -25.33M 21.91% |
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
4.51%
EPS Next 5 Year
3.80%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
7.50%
Revenue Next 5 Year
11.84%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
14.46%
EBIT Next 5 Year
7.07%
SOMALOGIC INC / SLGC Forecast FAQ
What do analysts expect the price target to be for SOMALOGIC INC (SLGC)?
10 analysts have analysed SLGC and the average price target is 4.01 USD. This implies a price increase of 91.05% is expected in the next year compared to the current price of 2.1.
Can you provide the upcoming earnings date for SOMALOGIC INC?
SOMALOGIC INC (SLGC) will report earnings on 2024-03-26, after the market close.
What are the consensus estimates for SOMALOGIC INC (SLGC) next earnings?
The consensus EPS estimate for the next earnings of SOMALOGIC INC (SLGC) is -0.16 USD and the consensus revenue estimate is 21.47M USD.
How many analysts have analysed SOMALOGIC INC (SLGC)?
The number of analysts covering SOMALOGIC INC (SLGC) is 10.