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  4. Forecast

Stock Price Prediction

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BNGO
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BNGO Price Prediction Next Week

Technical Analysis: BNGO's stock has shown significant weakness, with the price falling to $0.193 on January 17, 2025, representing a -5.89% decline. The stock has been in a clear downtrend, having fallen in 8 of the last 10 trading days with a cumulative loss of -24.25%.

Price Movement Analysis:

  • Current trading range: $0.185 (low) to $0.210 (high)
  • Volume decreased by 8 million shares alongside price decline
  • RSI at 40.16 indicates neutral to slightly oversold conditions
  • MACD at -0.01 suggests bearish momentum

Recent News Impact: The company recently completed a dilutive financing round, selling 39.68 million shares at $0.25 each for gross proceeds of approximately $10 million. This equity dilution has put additional downward pressure on the stock price.

Revenue Concerns: BNGO cut its Q3 2024 revenue guidance to $6.5M-$6.8M from previous $7.9M-$8.9M, falling below consensus estimates of $7.85M. This revenue miss indicates fundamental business challenges.

Price Prediction for Next Week: Based on technical analysis and recent developments:

  • Expected trading range: $0.154 - $0.233
  • Most likely scenario: Further downside to test support at $0.170
  • Target price: $0.165 (-14.5% from current price)

Recommendation: SELL Rationale:

  1. Deteriorating fundamentals with revenue misses
  2. Recent dilutive financing
  3. Weak technical indicators
  4. Continued downward momentum
  5. Limited cash position of $23.3M with $11.4M restricted

The stock is expected to continue its downward trend in the coming week, with potential support around $0.170. Any rebounds should be viewed as selling opportunities.

Technical Analysis: BNGO's stock has shown significant weakness, with the price falling to $0.193 on January 17, 2025, representing a -5.89% decline. The stock has been in a clear downtrend, having fallen in 8 of the last 10 trading days with a cumulative loss of -24.25%.

Price Movement Analysis:

  • Current trading range: $0.185 (low) to $0.210 (high)
  • Volume decreased by 8 million shares alongside price decline
  • RSI at 40.16 indicates neutral to slightly oversold conditions
  • MACD at -0.01 suggests bearish momentum

Recent News Impact: The company recently completed a dilutive financing round, selling 39.68 million shares at $0.25 each for gross proceeds of approximately $10 million. This equity dilution has put additional downward pressure on the stock price.

Revenue Concerns: BNGO cut its Q3 2024 revenue guidance to $6.5M-$6.8M from previous $7.9M-$8.9M, falling below consensus estimates of $7.85M. This revenue miss indicates fundamental business challenges.

Price Prediction for Next Week: Based on technical analysis and recent developments:

  • Expected trading range: $0.154 - $0.233
  • Most likely scenario: Further downside to test support at $0.170
  • Target price: $0.165 (-14.5% from current price)

Recommendation: SELL Rationale:

  1. Deteriorating fundamentals with revenue misses
  2. Recent dilutive financing
  3. Weak technical indicators
  4. Continued downward momentum
  5. Limited cash position of $23.3M with $11.4M restricted

The stock is expected to continue its downward trend in the coming week, with potential support around $0.170. Any rebounds should be viewed as selling opportunities.

BNGO Similar Chart Price Prediction

The price of BNGO is predicted to go up -8.42%, based on the high correlation periods with ORCL. The similarity of these two price pattern on the periods is 94.22%.

stocks logo

BNGO

stocks logo

ORCL

Down: -8.42%Similarity: 94.22%

BNGO Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030

Year

BNGO Price Forecast($)

Potential Return(%)

2025

0.350

53.850

2026

0.350

53.850

2027

0.500

119.780

2028

0.500

119.780

2029

0.229

0.570

2030

0.229

0.570

What is BNGO stock price prediction 2025 ?

BNGO's stock price prediction for 2025 is estimated at $0.35 to $0.40. This projection is based on Fibonacci resistance levels and potential recovery from its current low valuation, assuming improved financial performance and market sentiment. However, risks remain due to weak revenue guidance and cash constraints.

What is BNGO stock price prediction 2026 ?

BNGO's stock price in 2026 is projected to be around $0.35 to $0.40, assuming the company stabilizes its financials and achieves modest revenue growth. This estimate is based on its current price of $0.2288, technical resistance levels (notably $0.35 and $0.39), and potential recovery from recent dilution and revenue challenges. However, risks remain high due to cash constraints and market sentiment.

What is BNGO stock price prediction 2027 ?

BNGO's stock price prediction for 2027 is estimated to be around $0.50 to $0.70. This projection is based on its current financial struggles, including declining revenues and cash constraints, as well as its recent stock offering at $0.25, which reflects weak investor confidence. Unless significant operational improvements or breakthroughs occur, the stock is likely to remain under pressure.

What is BNGO stock price prediction 2028 ?

The price prediction for BNGO stock in 2028 is estimated to be around $0.50 to $0.70. This projection is based on the company's current financial struggles, including declining revenue guidance and limited cash reserves, which may hinder growth unless significant operational improvements or breakthroughs occur. Additionally, the stock's recent dilution through share offerings and its current RSI near neutral levels suggest limited upward momentum in the near term.

What is BNGO stock price prediction 2029 ?

BNGO stock is currently trading at $0.2288. By 2029, considering its financial struggles, dilution from stock offerings, and declining revenue trends, the stock may face further challenges. A realistic price prediction for 2029 is approximately $0.10–$0.15, reflecting continued operational and financial headwinds.

What is BNGO stock price prediction 2030 ?

BNGO's price prediction for 2030 is highly speculative due to its current financial struggles and market conditions. Based on its recent price of $0.2288 and weak fundamentals, a potential price range could be $0.10–$0.50, assuming no significant breakthroughs or market shifts. This projection reflects its declining revenue, cash constraints, and dilution risks from share offerings.

BNGO Revenue Forecast

BNGO EPS Forecast

BNGO FAQs

What is bull‘s view on BNGO?

BNGO stock is currently trading near $0.25 following a recent direct offering at this price, reflecting liquidity concerns. Bulls might argue that the stock could rebound if the company successfully utilizes the $10M raised to stabilize operations and improve revenue growth. However, with declining revenue guidance and limited cash reserves, the bullish case hinges on speculative recovery rather than strong fundamentals.

What is bear's view on BNGO?

BNGO stock is bearish due to its weak financial position and dilution concerns. The company recently lowered its Q3 2024 revenue guidance to $6.5M-$6.8M, missing consensus estimates of $7.85M, and completed a stock offering at $0.25 per share, significantly diluting shareholder value. With cash constraints and limited growth prospects, the stock's current price of $0.25 reflects these challenges.

What is BNGO revenue forecast for next quarter？

The market consensus for BNGO's revenue in the upcoming quarter is projected to be approximately $9.691M USD.

BNGO VS S&P500

Ask Intellectia about BNGO

BNGO Analyst's Forecast

Jeff Cohen

Ladenburg Thalmann

Strong Buy → Hold

Price Target

n/a

Upside

0%

Ladenburg analyst Jeffrey Cohen downgraded Bionano Genomics to Neutral from Buy.
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