Inogen Stock Target Price and Analyst Consensus

INGN Stock  USD 7.19  0.04  0.56%   
The current analyst and expert consensus on Inogen is Buy, with only one strong buy opinion. The current projected Inogen target price consensus is 8.00 with 4 analyst opinions. The most common way Inogen Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Inogen executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Inogen. We encourage you to use your own analysis of Inogen Inc to validate this buy or sell advice. Inogen buy-or-sell recommendation module provides average expert sentiment on the projected Inogen Inc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Inogen to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
7.28
Highest Forecast
8.88
Target Price
8
As of the 6th of May 2024, Gross Profit Margin is likely to grow to 0.53, while Gross Profit is likely to drop about 117 M. At this time, Inogen's Short Term Debt is very stable compared to the past year. As of the 6th of May 2024, Good Will is likely to grow to about 16.1 M, while Total Assets are likely to drop about 292 M.
  
It's important to approach Inogen'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.

Inogen Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Inogen target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Inogen's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Buy
Most Inogen analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Inogen stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Inogen Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Inogen Target Price Projection

Inogen's current and average target prices are 7.19 and 8.00, respectively. The current price of Inogen is the price at which Inogen Inc is currently trading. On the other hand, Inogen's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Inogen Market Quote on 6th of May 2024

Low Price7.0Odds
High Price7.3Odds

7.19

Target Price

Analyst Consensus On Inogen Target Price

Low Estimate7.28Odds
High Estimate8.88Odds

8.0

Historical Lowest Forecast  7.28 Target Price  8.0 Highest Forecast  8.88
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Inogen Inc and the information provided on this page.

Inogen Analyst Ratings

Inogen's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Inogen stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Inogen's financials, market performance, and future outlook by experienced professionals. Inogen's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

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 Inogen price targets

Inogen's stock target price is an estimate of its future price, usually made by analysts. Using Inogen's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Inogen'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 Inogen'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 Inogen 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 Inogen is a key component of Inogen valuation and have some predictive power on the future returns of a Inogen.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inogen'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
0.567.2313.90
Details
Intrinsic
Valuation
LowRealHigh
0.577.2413.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.85-0.76-0.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Inogen. Your research has to be compared to or analyzed against Inogen's peers to derive any actionable benefits. When done correctly, Inogen'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 Inogen Inc.

Trending Themes

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When determining whether Inogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inogen'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 Inogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inogen Inc Stock:
Check out Macroaxis Advice on Inogen to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Inogen Inc information on this page should be used as a complementary analysis to other Inogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Inogen's price analysis, check to measure Inogen'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 Inogen is operating at the current time. Most of Inogen's value examination focuses on studying past and present price action to predict the probability of Inogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inogen's price. Additionally, you may evaluate how the addition of Inogen to your portfolios can decrease your overall portfolio volatility.
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The data published in Inogen's official financial statements usually reflect Inogen's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Inogen Inc. For example, before you start analyzing numbers published by Inogen accountants, it's critical to develop an understanding of what Inogen's liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of Inogen's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Inogen's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Inogen's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Inogen Inc. Please utilize our Beneish M Score to check the likelihood of Inogen's management manipulating its earnings.