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Bio-Techne (TECH)
NASDAQ:TECH

Bio-Techne (TECH) Stock Forecast & Price Target

411 Followers
See the Price Targets and Ratings of:

TECH Analyst Ratings

Strong Buy
8Ratings
6 Buy
2 Hold
0 Sell
Based on 8 analysts giving stock ratings to
Bio-Techne
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

TECH Stock 12 Month Forecast

Average Price Target

$81.63
▼(-2.60% Downside)
Based on 8 Wall Street analysts offering 12 month price targets for Bio-Techne in the last 3 months. The average price target is $81.63 with a high forecast of $95.00 and a low forecast of $65.00. The average price target represents a -2.60% change from the last price of $83.81.
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Highest Price Target$95.00Average Price Target$81.63Lowest Price Target$65.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Argus Research
$90.00
Buy
7.39%
Upside
Reiterated
01/04/24
Bio-Techne named 2024 Top Pick at Argus Bio-Techne named 2024 Top Pick at Argus
UBS
$80.00
Buy
-4.54%
Downside
Initiated
12/07/23
Bio-Techne initiated with a Buy at UBSBio-Techne initiated with a Buy at UBS
Wells Fargo
$66.00
Hold
-21.25%
Downside
Reiterated
11/14/23
Bio-Techne price target lowered to $66 from $90 at Wells FargoBio-Techne price target lowered to $66 from $90 at Wells Fargo
Citi
$80.00
Buy
-4.54%
Downside
Reiterated
11/13/23
Positive Outlook for Bio-Techne Despite Challenges: An Analysis of Donnelly's Buy Rating Decision
William Blair
Buy
Initiated
08/28/23
Bio-Techne initiated with an Outperform at William BlairBio-Techne initiated with an Outperform at William Blair

Best Analysts Covering Bio-Techne

Which Analyst Should I Follow If I Want to Buy TECH and Sell After:
1 Month
Success Rate
22/31 ratings generated profit
71%
Average Return
+2.68%
reiterated a buy rating 18 days ago
Copying Catherine Ramsey Schulte's trades and holding each position for 1 Month would result in 70.97% of your transactions generating a profit, with an average return of +2.68% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Robert WassermanBenchmark Co.
Success Rate
7/10 ratings generated profit
70%
Average Return
+4.84%
reiterated a buy rating 17 days ago
Copying Robert Wasserman's trades and holding each position for 3 Months would result in 70.00% of your transactions generating a profit, with an average return of +4.84% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Success Rate
19/31 ratings generated profit
61%
Average Return
+16.45%
reiterated a buy rating 18 days ago
Copying Catherine Ramsey Schulte's trades and holding each position for 1 Year would result in 61.29% of your transactions generating a profit, with an average return of +16.45% per trade.
2 Years
Robert WassermanBenchmark Co.
Success Rate
8/10 ratings generated profit
80%
Average Return
+11.60%
reiterated a buy rating 17 days ago
Copying Robert Wasserman's trades and holding each position for 2 Years would result in 80.00% of your transactions generating a profit, with an average return of +11.60% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

TECH Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Apr 24
May 24
Strong Buy
3
2
0
0
0
Buy
10
8
11
11
14
Hold
2
2
3
3
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
15
12
14
14
18
In the current month, TECH has received 14 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. TECH average Analyst price target in the past 3 months is $81.63.
Each month's total comprises the sum of three months' worth of ratings.
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TECH Financial Forecast

TECH Earnings Forecast

Next quarter’s earnings estimate for TECH is $0.50 with a range of $0.46 to $0.52. The previous quarter’s EPS was $0.48. TECH beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.30% of the time in the same period. In the last calendar year TECH has Underperformed its overall industry.
Next quarter’s earnings estimate for TECH is $0.50 with a range of $0.46 to $0.52. The previous quarter’s EPS was $0.48. TECH beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.30% of the time in the same period. In the last calendar year TECH has Underperformed its overall industry.

TECH Sales Forecast

Next quarter’s sales forecast for TECH is $306.34M with a range of $300.00M to $311.10M. The previous quarter’s sales results were $303.43M. TECH beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 46.17% of the time in the same period. In the last calendar year TECH has Underperformed its overall industry.
Next quarter’s sales forecast for TECH is $306.34M with a range of $300.00M to $311.10M. The previous quarter’s sales results were $303.43M. TECH beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 46.17% of the time in the same period. In the last calendar year TECH has Underperformed its overall industry.

TECH Stock Forecast FAQ

What is TECH’s average 12-month price target, according to analysts?
Based on analyst ratings, Bio-Techne’s 12-month average price target is $81.63.
    What is TECH’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for TECH, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is TECH a Buy, Sell or Hold?
        Bio-Techne has a conensus rating of Strong Buy which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.
          What is Bio-Techne’s price target?
          The average price target for Bio-Techne is $81.63. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst price target is $95.00 ,the lowest forecast is $65.00. The average price target represents -2.60% Decrease from the current price of $83.805.
            What do analysts say about Bio-Techne?
            Bio-Techne’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
              How can I buy shares of TECH?
              Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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