Boston Scientific Stock Target Price and Analyst Consensus

BSX Stock  USD 84.73  0.37  0.43%   
The prevalent analyst and expert consensus on Boston Scientific is Strong Buy with 20 strong buy estimates. The prevailing projected target price is 61.18 with 33 professional opinions. Boston Scientific buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Boston Scientific Corp target price to derive its highest and lowest estimates based on target price volatility.
Lowest Forecast
55.67
Highest Forecast
67.91
Target Price
61.18
At this time, Boston Scientific's Gross Profit is fairly stable compared to the past year. Pretax Profit Margin is likely to rise to 0.15 in 2024, whereas Operating Profit Margin is likely to drop 0.10 in 2024. At this time, Boston Scientific's Non Currrent Assets Other are fairly stable compared to the past year. Net Receivables is likely to rise to about 2.3 B in 2024, whereas Cash is likely to drop slightly above 585.9 M in 2024.
  
It's important to approach Boston Scientific'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 Boston Scientific price targets

Boston Scientific's stock target price is an estimate of its future price, usually made by analysts. Using Boston Scientific's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Boston Scientific'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 Boston Scientific'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 Boston Scientific 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 Boston Scientific is a key component of Boston Scientific valuation and have some predictive power on the future returns of a Boston Scientific.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boston Scientific's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
83.9784.9385.89
Details
Intrinsic
Valuation
LowRealHigh
61.5462.5093.61
Details
Naive
Forecast
LowNextHigh
83.8684.8385.79
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.600.610.62
Details

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Additional Tools for Boston Stock Analysis

When running Boston Scientific's price analysis, check to measure Boston Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.