▲ +115.78% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Accelerate Diagnostics in the last 3 months. The average price target is $17.50, with a high forecast of $20.00 and a low forecast of $15.00. The average price target represents a 115.78% upside from the last price of $8.11.
The current consensus among 3 investment analysts is to buy stock in Accelerate Diagnostics. This rating has held steady since September 2020, when it changed from a Hold consensus rating.
Accelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk. The company was formerly known as Accelr8 Technology Corporation and changed its name to Accelerate Diagnostics, Inc. in December 2012. Accelerate Diagnostics, Inc. was founded in 1982 and is headquartered in Tucson, Arizona.