Shockwave Medical, Inc.

NasdaqGS:SWAV Stock Report

Market Cap: US$12.6b

Shockwave Medical Future Growth

Future criteria checks 3/6

Shockwave Medical is forecast to grow earnings and revenue by 18.4% and 16.3% per annum respectively. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

18.4%

Earnings growth rate

16.3%

EPS growth rate

Medical Equipment earnings growth17.0%
Revenue growth rate16.3%
Future return on equity18.8%
Analyst coverage

Good

Last updated28 May 2024

Recent future growth updates

Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 18
Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Recent updates

Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors

Apr 06
Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors

Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?

Mar 24
Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?

Shockwave Medical: Opening Arteries, Delivering Returns

Feb 28

Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 18
Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital

Feb 06
There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital

Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)

Jan 24
Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)

Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio

Jan 09
Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio

Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?

Dec 27
Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?

Earnings and Revenue Growth Forecasts

NasdaqGS:SWAV - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,3572993183669
12/31/20251,13624223926013
12/31/20249292104172657
3/31/2024788163166198N/A
12/31/2023730147165196N/A
9/30/2023671244143177N/A
6/30/2023617244126161N/A
3/31/2023557241121150N/A
12/31/202249021693118N/A
9/30/2022430886986N/A
6/30/2022364554861N/A
3/31/2022299292334N/A
12/31/2021237-9315N/A
9/30/2021176-38-29-18N/A
6/30/2021130-53-53-44N/A
3/31/202184-71-75-64N/A
12/31/202068-66-83-71N/A
9/30/202059-65-83-71N/A
6/30/202051-65-77-66N/A
3/31/202051-57-66-58N/A
12/31/201943-51-52-48N/A
9/30/201934-48-48-45N/A
6/30/201926-45-47-45N/A
3/31/201918-44-47-45N/A
12/31/201812-41-43-41N/A
12/31/20172-31N/A-30N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWAV's forecast earnings growth (18.4% per year) is above the savings rate (2.4%).

Earnings vs Market: SWAV's earnings (18.4% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: SWAV's earnings are forecast to grow, but not significantly.

Revenue vs Market: SWAV's revenue (16.3% per year) is forecast to grow faster than the US market (8.5% per year).

High Growth Revenue: SWAV's revenue (16.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SWAV's Return on Equity is forecast to be low in 3 years time (18.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/31 13:58
End of Day Share Price 2024/05/30 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shockwave Medical, Inc. is covered by 12 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Travis SteedBofA Global Research
William PlovanicCanaccord Genuity
Kristen StewartCL King & Associates, Inc.