Analyst Price Target is $41.00
▲ +14.08% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Veracyte in the last 3 months. The average price target is $41.00, with a high forecast of $50.00 and a low forecast of $26.00. The average price target represents a 14.08% upside from the last price of $35.94.
Current Consensus is
Moderate Buy
The current consensus among 9 contributing investment analysts is to moderate buy stock in Veracyte. This Moderate Buy consensus rating has held steady for over two years.
Veracyte, Inc. operates as a diagnostics company in the United States and internationally. The company offers Afirma Genomic Sequencing Classifier for cancerous thyroid nodules; Decipher Prostate Biopsy and Radical Prostatectomy for prostate cancer diagnosis; Prosigna Breast Cancer Assay for breast cancer diagnosis; Percepta Nasal Swab Test for lung cancer diagnosis; and Envisia Genomic Classifier for diagnosing interstitial lung disease, including idiopathic pulmonary fibrosis. It is also developing Envisia Classifier, the nCounter analysis system; and LymphMark for lymphoma subtyping test. The company was formerly known as Calderome, Inc. and changed its name to Veracyte, Inc. in March 2008. Veracyte, Inc. was incorporated in 2006 and is headquartered in South San Francisco, California.
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