The price of FLGT is predicted to go up 3.08%, based on the high correlation periods with NUWE. The similarity of these two price pattern on the periods is 93.54%.
FLGT
NUWE
Up: 3.08%Similarity: 93.54%
FLGT Revenue Forecast
FLGT EPS Forecast
FLGT FAQs
What is bull’s view on FLGT?
FLGT stock has recently been upgraded to a Zacks Rank #2 (Buy), reflecting a 31% increase in earnings estimates over the past three months, which could drive near-term price appreciation. The stock is currently trading around $16.96, with a revised price target of $22, suggesting potential upside. Positive earnings revisions and a strong cash position make it appealing for bullish investors.
What is bear's view on FLGT?
FLGT stock is currently bearish, trading at $16.96 as of the last session. The stock has seen a 3.8% decline recently, with unchanged EPS estimates reflecting a significant year-over-year drop of -142.9% in earnings. Additionally, Piper Sandler lowered its price target to $22, citing neutral sentiment and limited upside potential.
What is FLGT revenue forecast for next quarter?
The market consensus for FLGT's revenue in the upcoming quarter is projected to be approximately $73.887M USD.
What is FLGT eps forecast for next quarter?
The market consensus for FLGT's eps in the upcoming quarter is projected to be approximately $0.13 USD.
Piper Sandler lowered the firm's price target on Fulgent Genetics to $22 from $26 following quarterly results. The firm keeps a Neutral rating on the shares.