Vericel - VCEL Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vericel in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VCEL shares.
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4 brokerages have issued 1-year price targets for Vericel's shares. Their VCEL share price forecasts range from $31.00 to $40.00. On average, they expect the company's stock price to reach $35.50 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
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Vericel's stock was trading at $26.34 at the beginning of 2023. Since then, VCEL shares have increased by 10.4% and is now trading at $29.08.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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Vericel Co. (NASDAQ:VCEL) announced its earnings results on Thursday, February, 23rd. The biotechnology company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.10. The biotechnology company had revenue of $52.70 million for the quarter, compared to the consensus estimate of $52.95 million. Vericel had a negative trailing twelve-month return on equity of 9.32% and a negative net margin of 10.17%. The company's revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.09 earnings per share.

ETFs with the largest weight of Vericel (NASDAQ:VCEL) stock in their portfolio include Invesco Dynamic Biotechnology & Genome ETF (PBE), Invesco S&P SmallCap Health Care ETF (PSCH), ALPS Medical Breakthroughs ETF (SBIO), WisdomTree BioRevolution Fund (WDNA), SPDR S&P Biotech ETF (XBI), Principal Healthcare Innovators ETF (BTEC), Syntax Stratified SmallCap ETF (SSLY) and Direxion Daily S&P Biotech Bull 3x Shares (LABU).

Vericel issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.00 million-$188.00 million, compared to the consensus revenue estimate of $192.58 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 investors include Conestoga Capital Advisors LLC (4.97%), Fisher Asset Management LLC (3.73%), GW&K Investment Management LLC (2.79%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.49%), Macquarie Group Ltd. (2.26%) and New York State Common Retirement Fund (2.19%). 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 $29.08.

Vericel (NASDAQ:VCEL) has a market capitalization of $1.38 billion and generates $164.37 million in revenue each year. The biotechnology company earns $-16,710,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

The company employs 281 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.