Vericel (VCEL) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vericel in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VCEL shares.
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4 equities research analysts have issued 1-year target prices for Vericel's shares. Their VCEL share price forecasts range from $39.00 to $44.50. On average, they expect the company's share price to reach $41.63 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price.
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Vericel's stock was trading at $26.34 at the start of the year. Since then, VCEL stock has increased by 29.8% and is now trading at $34.19.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
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Vericel Co. (NASDAQ:VCEL) posted its earnings results on Wednesday, August, 2nd. The biotechnology company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.13) by $0.02. The biotechnology company had revenue of $45.92 million for the quarter, compared to analyst estimates of $42.14 million. Vericel had a negative net margin of 7.39% and a negative trailing twelve-month return on equity of 6.90%. The company's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.19) EPS.

ETFs with the largest weight of Vericel (NASDAQ:VCEL) stock in their portfolio include Invesco Biotechnology & Genome ETF (PBE), Invesco S&P SmallCap Health Care ETF (PSCH), WisdomTree BioRevolution Fund (WDNA), ALPS Medical Breakthroughs ETF (SBIO) and Invesco Dorsey Wright Healthcare Momentum ETF (PTH).Syntax Stratified SmallCap ETF (SSLY).

Vericel issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $190.00 million-$197.00 million, compared to the consensus revenue estimate of $190.29 million.

6 employees have rated Vericel Chief Executive Officer Nick Colangelo on Glassdoor.com. Nick Colangelo has an approval rating of 49% among the company's employees. This puts Nick Colangelo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vericel investors own include Exelixis (EXEL), Novavax (NVAX), Hello Group (MOMO), Dynavax Technologies (DVAX), Synergy Pharmaceuticals (SGYP), Sorrento Therapeutics (SRNE), TG Therapeutics (TGTX), Verastem (VSTM), Amarin (AMRN) and NVIDIA (NVDA).

Vericel trades on the NASDAQ under the ticker symbol "VCEL."

Vericel's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.02%), Brown Capital Management LLC (14.53%), State Street Corp (5.22%), Conestoga Capital Advisors LLC (4.91%), Fisher Asset Management LLC (3.55%) and New York State Common Retirement Fund (2.23%). Insiders that own company stock include Dominick Colangelo, Jonathan Mark Hopper, Jonathan Siegal, Michael Halpin, Paul K Wotton, Robert L Md Zerbe, Sean C Flynn and Steven C Gilman.
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Shares of VCEL stock 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 VCEL stock can currently be purchased for approximately $34.19.

Vericel (NASDAQ:VCEL) has a market capitalization of $1.63 billion and generates $163.70 million in revenue each year. The biotechnology company earns $-16,710,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis.

The company employs 305 workers across the globe.

Vericel's mailing address is 64 SIDNEY STREET, CAMBRIDGE MA, 02139. The official website for the company is www.vcel.com. The biotechnology company can be reached via phone at (617) 588-5555, via email at ir@vcel.com, or via fax at 617-588-5554.