Accolade Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Accolade in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Accolade stock.
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15 brokers have issued 12 month target prices for Accolade's shares. Their ACCD stock forecasts range from $8.00 to $54.00. On average, they anticipate Accolade's share price to reach $16.80 in the next twelve months. This suggests a possible upside of 81.6% from the stock's current price.
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Accolade's stock was trading at $26.36 at the beginning of 2022. Since then, ACCD shares have decreased by 64.9% and is now trading at $9.25.
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Accolade is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
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Accolade, Inc. (NASDAQ:ACCD) released its earnings results on Thursday, June, 30th. The company reported ($4.92) EPS for the quarter, missing the consensus estimate of ($0.73) by $4.19. The firm had revenue of $85.53 million for the quarter, compared to analysts' expectations of $81.97 million. Accolade had a negative net margin of 124.17% and a negative trailing twelve-month return on equity of 23.63%. The business's revenue for the quarter was up 43.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.52) earnings per share.
View Accolade's earnings history.

Accolade issued an update on its second quarter 2023 earnings guidance on Thursday, July, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $82.00 million-$83.50 million, compared to the consensus revenue estimate of $84.05 million.

152 employees have rated Accolade CEO Rajeev Singh on Glassdoor.com. Rajeev Singh has an approval rating of 74% among Accolade's employees.

Some companies that are related to Accolade include Flywire (FLYW), CBIZ (CBZ), EVO Payments (EVOP), First Advantage (FA), TechTarget (TTGT), Nutex Health (NUTX), Bread Financial (BFH), Cielo (CIOXY), OLO (OLO), Paysafe (PSFE), Xometry (XMTR), Payoneer Global (PAYO), Fiverr International (FVRR), Phreesia (PHR) and Advantage Solutions (ADV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Accolade investors own include (HON), CVS Health (CVS), Johnson & Johnson (JNJ), Raytheon Technologies (RTX), Alibaba Group (BABA), Home Depot (HD), Procter & Gamble (PG), Thermo Fisher Scientific (TMO), Cisco Systems (CSCO) and Intel (INTC).

(ACCD) raised $176 million in an initial public offering on Thursday, July 2nd 2020. The company issued 8,800,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley and BofA Securities served as the underwriters for the IPO and Piper Sandler, Credit Suisse, William Blair, Baird and SVB Leerink were co-managers.

Accolade trades on the NASDAQ under the ticker symbol "ACCD."

Shares of ACCD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ACCD stock can currently be purchased for approximately $9.25.

Accolade (NASDAQ:ACCD) has a market capitalization of $658.69 million and generates $310.02 million in revenue each year. The company earns $-123,120,000.00 in net income (profit) each year or ($6.09) on an earnings per share basis.

Accolade employs 2,350 workers across the globe.

Accolade's mailing address is 660 W. GERMANTOWN PIKE SUITE 500, PLYMOUTH MEETING PA, 19462. The official website for Accolade is accolade.com. The company can be reached via phone at 206-926-8100 or via email at ir@accolade.com.