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23andMe (ME) Stock Forecast & Price Target

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$3.23 +0.08 (+2.54%)
(As of 11/21/2024 ET)

23andMe - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
1
Buy
0

Based on 2 Wall Street analysts who have issued ratings for 23andMe in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 2 analysts, 1 has given a sell rating, and 1 has given a hold rating for ME.

Consensus Price Target

$9.40
191.02% Upside
According to the 2 analysts' twelve-month price targets for 23andMe, the average price target is $9.40. The highest price target for ME is $9.40, while the lowest price target for ME is $9.40. The average price target represents a forecasted upside of 191.02% from the current price of $3.23.
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ME Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$9.40$9.40$9.40$87.50
Forecasted Upside191.02% Upside99.15% Upside45.33% Upside397.72% Upside
Consensus Rating
Reduce
Reduce
Reduce
Buy

ME Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ME Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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23andMe Stock vs. The Competition

Type23andMeMedical CompaniesS&P 500
Consensus Rating Score
1.50
2.80
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside191.02% Upside26,677.72% Upside8.51% Upside
News Sentiment Rating
Neutral News

See Recent ME News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/7/2024TD Cowen
4 of 5 stars
S. Mah
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeStrong-Buy ➝ Strong Sell
4/16/2024Citigroup
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$17.00 ➝ $9.40+17.47%
11/28/2022Berenberg Bank
2 of 5 stars
 Initiated CoverageBuy$140.00+150.90%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:34 AM ET.


ME Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for 23andMe is $9.40, with a high forecast of $9.40 and a low forecast of $9.40.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 23andMe in the last twelve months. There is currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" ME shares.

According to analysts, 23andMe's stock has a predicted upside of 191.02% based on their 12-month stock forecasts.

Analysts like 23andMe less than other "medical" companies. The consensus rating for 23andMe is Reduce while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how ME compares to other companies.


This page (NASDAQ:ME) was last updated on 11/22/2024 by MarketBeat.com Staff
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