NeoGenomics Future Growth

Future criteria checks 1/6

NeoGenomics is forecast to grow earnings and revenue by 31.8% and 9.7% per annum respectively. EPS is expected to grow by 34.2% per annum. Return on equity is forecast to be 2.8% in 3 years.

Key information

31.8%

Earnings growth rate

34.2%

EPS growth rate

Healthcare earnings growth	17.2%
Revenue growth rate	9.7%
Future return on equity	2.8%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For NeoGenomics, Inc. (NASDAQ:NEO)

Jul 16

NeoGenomics (NASDAQ:NEO) Is Making Moderate Use Of Debt

Apr 18

We Think NeoGenomics (NASDAQ:NEO) Has A Fair Chunk Of Debt

Jan 10

NeoGenomics: Market Punishment Continues, But Looks Justified

Sep 30

NeoGenomics grants CEO restricted shares, stock options

Aug 17

Here's Why NeoGenomics (NASDAQ:NEO) Can Afford Some Debt

Aug 10

NeoGenomics rises ~14% on strong Q2 result

Aug 09

NeoGenomics gets new CEO

Jul 21

NeoGenomics: Refrain From Portfolio Allocation, Negligible Upside Potential

Jun 28

Is NeoGenomics (NASDAQ:NEO) Using Too Much Debt?

Apr 22

Neogenomics: Poor Performance, CEO Departure Create Downward Share Price Spiral

Apr 08

Why NeoGenomics, Inc. (NASDAQ:NEO) Could Be Worth Watching

Feb 11

Is NeoGenomics (NASDAQ:NEO) Weighed On By Its Debt Load?

Jan 07

NeoGenomics: Gambling On Growth

Dec 16

NeoGenomics: Profitability Headwinds Compress Valuation, Shares

Sep 28

Is NeoGenomics (NASDAQ:NEO) Using Too Much Debt?

Sep 24

NeoGenomics: Strong Growth Potential For A Leader In Cancer Diagnostic Testing

Jul 02

NeoGenomics completes Inivata acquisition

Jun 18

Earnings and Revenue Growth Forecasts

NasdaqCM:NEO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	793	-36	31	N/A	7
12/31/2025	719	-48	-25	52	13
12/31/2024	656	-71	-47	-6	13
3/31/2024	611	-84	-40	-15	N/A
12/31/2023	592	-88	-31	-2	N/A
9/30/2023	575	-96	-50	-23	N/A
6/30/2023	552	-115	-64	-34	N/A
3/31/2023	530	-126	-82	-50	N/A
12/31/2022	510	-144	-97	-66	N/A
9/30/2022	497	-163	-120	-82	N/A
6/30/2022	489	-147	-119	-74	N/A
3/31/2022	486	-36	-115	-58	N/A
12/31/2021	484	-8	-91	-27	N/A
9/30/2021	485	49	-65	-1	N/A
6/30/2021	489	72	-49	7	N/A
3/31/2021	454	-11	-30	11	N/A
12/31/2020	444	4	-28	1	N/A
9/30/2020	425	-5	-25	-1	N/A
6/30/2020	405	-5	-6	17	N/A
3/31/2020	419	3	-11	10	N/A
12/31/2019	409	8	3	23	N/A
9/30/2019	378	2	18	35	N/A
6/30/2019	343	2	13	25	N/A
3/31/2019	309	6	24	37	N/A
12/31/2018	277	6	30	45	N/A
9/30/2018	262	8	20	35	N/A
6/30/2018	252	-1	19	34	N/A
3/31/2018	246	-9	19	34	N/A
12/31/2017	240	-11	N/A	18	N/A
9/30/2017	239	-27	N/A	12	N/A
6/30/2017	241	-26	N/A	14	N/A
3/31/2017	242	-29	N/A	13	N/A
12/31/2016	232	-31	N/A	21	N/A
9/30/2016	211	-18	N/A	24	N/A
6/30/2016	175	-12	N/A	17	N/A
3/31/2016	136	-7	N/A	14	N/A
12/31/2015	100	-3	N/A	6	N/A
9/30/2015	98	0	N/A	5	N/A
6/30/2015	96	0	N/A	6	N/A
3/31/2015	92	0	N/A	8	N/A
12/31/2014	87	1	N/A	9	N/A
9/30/2014	80	1	N/A	8	N/A
6/30/2014	74	2	N/A	7	N/A
3/31/2014	69	2	N/A	5	N/A
12/31/2013	66	2	N/A	2	N/A
9/30/2013	63	1	N/A	3	N/A
6/30/2013	60	-1	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NEO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NEO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NEO's revenue (9.7% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: NEO's revenue (9.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NEO's Return on Equity is forecast to be low in 3 years time (2.8%).

NeoGenomics Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

NeoGenomics, Inc. Reaffirms Consolidated Earnings Guidance for the Full Year 2024

Price target increased by 7.2% to US$21.55

NeoGenomics, Inc. Provides Earnings Guidance for the Year 2024

Consensus estimates of losses per share improve by 11%

NeoGenomics, Inc. Revises Earnings Guidance for the Full Year Ending December 31, 2023

NeoGenomics, Inc. Revises Earnings Guidance for the Fiscal Year 2023

Recent updates

NeoGenomics, Inc. Reaffirms Consolidated Earnings Guidance for the Full Year 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

NeoGenomics, Inc. Announces Eliminates of Position of Vishal Sikri, President, Advanced Diagnostics

NeoGenomics, Inc. to Report Q1, 2024 Results on Apr 30, 2024

NeoGenomics, Inc., Annual General Meeting, May 23, 2024

Investors Interested In NeoGenomics, Inc.'s (NASDAQ:NEO) Revenues

Price target increased by 7.2% to US$21.55

Full year 2023 earnings: EPS exceeds analyst expectations

NeoGenomics, Inc. Provides Earnings Guidance for the Year 2024

NeoGenomics, Inc. to Report Q4, 2023 Results on Feb 20, 2024

NeoGenomics Laboratories, Inc. to Appeal Ruling

Investor Optimism Abounds NeoGenomics, Inc. (NASDAQ:NEO) But Growth Is Lacking

Consensus estimates of losses per share improve by 11%

NeoGenomics, Inc. Revises Earnings Guidance for the Full Year Ending December 31, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Neogenomics, Inc. Announces the Commercial Availability of Two New Tests, Expanding Its Next-Generation Sequencing and Lung Cancer Portfolios

NeoGenomics, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Is NeoGenomics (NASDAQ:NEO) A Risky Investment?

NeoGenomics, Inc. Revises Earnings Guidance for the Fiscal Year 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Risks To Shareholder Returns Are Elevated At These Prices For NeoGenomics, Inc. (NASDAQ:NEO)

NeoGenomics, Inc. Expands Board of Directors with Appointments of Three Independent Directors

NeoGenomics, Inc.'s RaDaR Assay for Minimal Residual Disease Receives First Commercial Coverage

NeoGenomics, Inc. and German Breast Group Announce New Data Demonstrating Clinical Potential of the RaDaR MRD Assay in HR+/HER2- Breast Cancer

NeoGenomics, Inc. to Showcase the Transformational Impact of RaDaR(R) Assay for Molecular Residual Disease and Recurrence Monitoring at ASCO

Price target increased by 7.7% to US$21.64

NeoGenomics, Inc. Revises Earnings Guidance for the Fiscal Year 2023

First quarter 2023 earnings released: US$0.25 loss per share (vs US$0.40 loss in 1Q 2022)

NeoGenomics (NASDAQ:NEO) Is Making Moderate Use Of Debt

Full year 2022 earnings: EPS and revenues exceed analyst expectations

NeoGenomics, Inc. Announces Results of a New Study of the RaDaR Assay in Patients with Muscle-Invasive Bladder Cancer

Neogenomics, Inc. Announces Resignation of David J. Daly to Board of Directors

The Klein Law Firm Announces Lead Plaintiff Deadline of February 6, 2023 in the Class Action Filed on Behalf of Neogenomics, Inc. Shareholders

We Think NeoGenomics (NASDAQ:NEO) Has A Fair Chunk Of Debt

Gibbs Law Group Announces Files Class Action Lawsuit Against NeoGenomics Inc

NeoGenomics, Inc. Announces Executive Changes

Neogenomics, Inc. Announces Radar Assay Demonstrates Clinical Potential for Detecting Disease Recurrence Across All Types of Early Breast Cancer, Including Triple Negative Disease

NeoGenomics, Inc. Appoints Melody Harris as President, Enterprise Operations effective December 5, 2022

High number of new and inexperienced directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

NeoGenomics Appoints David Perez to its Board of Directors

NeoGenomics, Inc. Provides Update on MolDX Submission for CRC and RaDaR(TM) Commercial Launch

NeoGenomics, Inc. to Report Q3, 2022 Results on Nov 08, 2022

NeoGenomics: Market Punishment Continues, But Looks Justified

NeoGenomics grants CEO restricted shares, stock options

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Here's Why NeoGenomics (NASDAQ:NEO) Can Afford Some Debt

NeoGenomics rises ~14% on strong Q2 result

NeoGenomics, Inc. Appoints Chris Smith as Chief Executive Officer, Effective August 15, 2022

NeoGenomics gets new CEO

Price target decreased to US$17.75

NeoGenomics: Refrain From Portfolio Allocation, Negligible Upside Potential

NeoGenomics, Inc.(NasdaqCM:NEO) dropped from Russell 2000 Growth-Defensive Index

NeoGenomics, Inc. Announces Resignation of Douglas Brown as Chief Strategy and Corporate Development Officer

Neogenomics, Inc. Announces Executive Changes, Effective May 23, 2022

Consensus EPS estimates fall by 21%

President & COO of Lab Operations notifies of intention to sell stock

Price target decreased to US$19.45

First quarter 2022 earnings: EPS misses analyst expectations

High number of new and inexperienced directors

Is NeoGenomics (NASDAQ:NEO) Using Too Much Debt?

NeoGenomics, Inc., Annual General Meeting, Jun 02, 2022

Neogenomics: Poor Performance, CEO Departure Create Downward Share Price Spiral

NeoGenomics, Inc. Provides Revenue Guidance for the First Quarter 2022

NeoGenomics, Inc. Announces Management Changes

Chief Financial Officer notifies of intention to sell stock

Price target decreased to US$30.20

Full year 2021 earnings: EPS exceeds analyst expectations

Neogenomics, Inc. Provides Earnings Guidance for the Year 2022