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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
"Prepare for Five Years of Famine" (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
"Prepare for Five Years of Famine" (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
"Prepare for Five Years of Famine" (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
NYSE:PEN

Penumbra - PEN Stock Forecast, Price & News

$274.67
-3.15 (-1.13%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$272.61
$278.34
50-Day Range
$233.13
$277.82
52-Week Range
$114.86
$283.42
Volume
307,102 shs
Average Volume
381,578 shs
Market Capitalization
$10.49 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$265.42

Penumbra MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.4% Downside
$265.42 Price Target
Short Interest
Bearish
11.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
0.68mentions of Penumbra in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$7.04 M Sold Last Quarter
Proj. Earnings Growth
82.95%
From $1.29 to $2.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Medical Sector

548th out of 1,005 stocks

Surgical & Medical Instruments Industry

55th out of 102 stocks


PEN stock logo

About Penumbra (NYSE:PEN) Stock

Penumbra, Inc. engages in the design, development, manufacture, and marketing of innovative medical devices. It offers neurovascular thrombectomy and embolization and access technologies, neurosurgical tools, Penumbra LANTERN Delivery Microcatheter, and Penumbra Occlusion Device (POD) system. The company was founded by Arani Bose and Adam Elsesser on June 21, 2004, and is headquartered in Alameda, CA.

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PEN Stock News Headlines

Are These Medical Device Makers Getting Ready To Rally? (PEN)
Current trends and changing demographics are behind growth of medical technology companies. An aging population and a shift to in-home care are among factors.
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Penumbra, Inc. (NYSE:PEN) Director Sells $223,107.50 in Stock
Q4 2022 Penumbra Inc Earnings Call
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Penumbra (PEN) Q4 Earnings and Revenues Surpass Estimates
Should You Buy Penumbra (PEN) Ahead of Earnings?
Penumbra (PEN) Tops Q3 Earnings and Revenue Estimates
See More Headlines
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PEN Company Calendar

Last Earnings
2/23/2023
Today
3/26/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Employees
3,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$265.42
High Stock Price Forecast
$303.00
Low Stock Price Forecast
$185.00
Forecasted Upside/Downside
-3.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
13 Analysts

Profitability

Net Income
$-2,000,000.00
Pretax Margin
0.46%

Debt

Sales & Book Value

Annual Sales
$847.13 million
Cash Flow
$0.80 per share
Book Value
$26.30 per share

Miscellaneous

Free Float
36,079,000
Market Cap
$10.49 billion
Optionable
Optionable
Beta
0.52

Key Executives

  • Adam ElsesserAdam Elsesser
    Chairman, President & Chief Executive Officer
  • Ben Sorci
    Executive Vice President-Operations
  • Maggie S. Yuen
    Chief Financial Officer
  • Pankaj Tiwari
    Chief Information Officer & Executive VP
  • Corey L. Teigen
    Chief Scientific Officer













PEN Stock - Frequently Asked Questions

Should I buy or sell Penumbra stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penumbra in the last twelve months. There are currently 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PEN shares.
View PEN analyst ratings
or view top-rated stocks.

What is Penumbra's stock price forecast for 2023?

13 Wall Street analysts have issued 1 year price objectives for Penumbra's stock. Their PEN share price forecasts range from $185.00 to $303.00. On average, they anticipate the company's stock price to reach $265.42 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for PEN
or view top-rated stocks among Wall Street analysts.

How have PEN shares performed in 2023?

Penumbra's stock was trading at $222.46 at the start of the year. Since then, PEN stock has increased by 23.5% and is now trading at $274.67.
View the best growth stocks for 2023 here
.

When is Penumbra's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our PEN earnings forecast
.

How were Penumbra's earnings last quarter?

Penumbra, Inc. (NYSE:PEN) released its earnings results on Thursday, February, 23rd. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $221.22 million for the quarter, compared to analysts' expectations of $217.03 million. Penumbra had a positive trailing twelve-month return on equity of 0.66% and a negative net margin of 0.24%. The firm's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.

What guidance has Penumbra issued on next quarter's earnings?

Penumbra 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 $1.00B-, compared to the consensus revenue estimate of $1.00 billion.

What is Adam Elsesser's approval rating as Penumbra's CEO?

57 employees have rated Penumbra Chief Executive Officer Adam Elsesser on Glassdoor.com. Adam Elsesser has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Penumbra own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penumbra investors own include NVIDIA (NVDA), Intuitive Surgical (ISRG), AbbVie (ABBV), Tesla (TSLA), Alibaba Group (BABA), Johnson & Johnson (JNJ), Netflix (NFLX), UnitedHealth Group (UNH), Boeing (BA) and DexCom (DXCM).

What is Penumbra's stock symbol?

Penumbra trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEN."

Who are Penumbra's major shareholders?

Penumbra's stock is owned by many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.30%), William Blair Investment Management LLC (3.13%), Price T Rowe Associates Inc. MD (2.82%), Clearbridge Investments LLC (2.71%), Geode Capital Management LLC (1.31%) and Norges Bank (1.17%). Insiders that own company stock include Adam Elsesser, Arani Bose, Bridget O'rourke, Don W Kassing, Don W Kassing, Harpreet Grewal, James Robert Pray, Johanna Roberts, Lynn Rothman, Sridhar Kosaraju, Surbhi Sarna and Thomas Wilder.
View institutional ownership trends
.

How do I buy shares of Penumbra?

Shares of PEN 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.
Compare Top Brokerages Here.

What is Penumbra's stock price today?

One share of PEN stock can currently be purchased for approximately $274.67.

How much money does Penumbra make?

Penumbra (NYSE:PEN) has a market capitalization of $10.49 billion and generates $847.13 million in revenue each year. The company earns $-2,000,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis.

How many employees does Penumbra have?

The company employs 3,900 workers across the globe.

How can I contact Penumbra?

Penumbra's mailing address is One Penumbra Place, Alameda CA, 94502. The official website for the company is www.penumbrainc.com. The company can be reached via phone at (510) 748-3200, via email at investors@penumbrainc.com, or via fax at 510-748-3232.

This page (NYSE:PEN) was last updated on 3/26/2023 by MarketBeat.com Staff