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CareDx (CDNA) Stock Forecast & Price Target

$16.39
+0.62 (+3.93%)
(As of 10:41 AM ET)

CareDx - 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

Consensus Price Target

$16.50
0.67% Upside
High Forecast$22.00
Average Forecast$16.50
Low Forecast$12.00
TypeCurrent Forecast
7/13/23 to 7/12/24
1 Month Ago
6/13/23 to 6/12/24
3 Months Ago
4/14/23 to 4/13/24
1 Year Ago
7/13/22 to 7/13/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.50$16.50$11.00$16.00
Forecasted Upside0.67% Upside14.99% Upside40.35% Upside40.49% Upside
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CDNA 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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CDNA 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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CareDx Stock vs. The Competition

TypeCareDxMedical CompaniesS&P 500
Consensus Rating Score
2.60
2.71
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside4.63% Upside959.47% Upside10.22% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/31/2024HC Wainwright
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 Reiterated RatingNeutral
5/17/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$15.00 ➝ $22.00+48.85%
5/13/2024Raymond James
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A. Cooper
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DowngradeOutperform ➝ Market Perform
5/13/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$10.00 ➝ $14.00-7.96%
5/13/2024Stephens
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 Boost TargetOverweight ➝ Overweight$15.00 ➝ $18.00+15.68%
5/11/2023BTIG Research
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 DowngradeBuy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:11 AM ET.

CDNA Forecast - Frequently Asked Questions

What is CareDx's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for CareDx is $16.50, with a high forecast of $22.00 and a low forecast of $12.00.

Should I buy or sell CareDx stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareDx in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDNA shares.

Does CareDx's stock price have much upside?

According to analysts, CareDx's stock has a predicted upside of 14.99% based on their 12-month stock forecasts.

Has CareDx been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, CareDx's stock had 1 upgrade and 1 downgrade by analysts.

What analysts cover CareDx?

CareDx has been rated by research analysts at Craig Hallum, HC Wainwright, Raymond James, Stephens, and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like CareDx more than its competitors?

Analysts like CareDx less than other "medical" companies. The consensus rating score for CareDx is 2.60 while the average consensus rating score for "medical" companies is 2.71. Learn more on how CDNA compares to other companies.


This page (NASDAQ:CDNA) was last updated on 7/12/2024 by MarketBeat.com Staff

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