
Penumbra (PEN) Stock Forecast & Price Target
Penumbra (PEN) Analyst Ratings
Bulls say
Penumbra has experienced notable improvements in its gross margin, increasing from 63% in 2022 to approximately 67% in 2025, with expectations to reach around 70% by the end of 2026, primarily driven by the roll-out of higher-priced newCAVT products. Non-GAAP operating margins have also seen substantial growth, rising from 2% in 2023 to about 14% by 2025, indicating effective management of both gross margins and selling, general, and administrative expenses. The firm is well-positioned for continued financial growth, with projected increases in revenue and EPS, alongside potential operating margin acceleration, which may surpass revenue growth rates.
Bears say
Penumbra is facing significant headwinds due to expected revenue declines in its Chinese market, which are projected to hinder overall revenue growth by approximately 4% in 2024 and another similar decline in 2025. The company's bear case scenario anticipates revenue growth decreasing to 14% or less, attributed to underwhelming contributions from new products and slower profitability improvements, which poses risks to its overall financial performance. Additionally, competitive pressures, regulatory risks, and potential delays in product clearances contribute to uncertainties that may further suppress the company's growth outlook.
This aggregate rating is based on analysts' research of Penumbra and is not a guaranteed prediction by Public.com or investment advice.
Penumbra (PEN) Analyst Forecast & Price Prediction
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