Exagen Stock Target Price and Analyst Consensus

XGN Stock  USD 3.84  0.10  2.54%   
The current analyst and expert consensus on Exagen is Strong Buy, with 5 strong buy opinions. The current projected Exagen target price consensus is 6.25 with 6 analyst opinions. Check out Macroaxis Advice on Exagen to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Exagen Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Exagen executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Exagen. We strongly encourage you to use your own analysis of Exagen Inc to validate this buy or sell advice. Exagen buy-or-sell recommendation module provides average expert sentiment on the projected Exagen Inc target price to derive its highest and lowest estimates based on projected price volatility of 5.2572.
Lowest Forecast
5.69
Highest Forecast
6.94
Target Price
6.25
As of the 28th of November 2024, Gross Profit Margin is likely to grow to 0.59, while Gross Profit is likely to drop about 16.8 M. At this time, Exagen's Common Stock Shares Outstanding is very stable compared to the past year. As of the 28th of November 2024, Property Plant And Equipment Gross is likely to grow to about 15 M, while Total Assets are likely to drop about 54.2 M.
  
It's important to approach Exagen's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Exagen price targets

Exagen's stock target price is an estimate of its future price, usually made by analysts. Using Exagen's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Exagen's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Exagen's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Exagen Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Exagen is a key component of Exagen valuation and have some predictive power on the future returns of a Exagen.
Hype
Prediction
LowEstimatedHigh
0.193.809.06
Details
Intrinsic
Valuation
LowRealHigh
0.234.629.88
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.23-0.23-0.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Exagen. Your research has to be compared to or analyzed against Exagen's peers to derive any actionable benefits. When done correctly, Exagen's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Exagen Inc.

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When determining whether Exagen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Exagen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Exagen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Exagen Inc Stock:
Check out Macroaxis Advice on Exagen to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.