BNGO stock Forecast 2025, 2030, 2040 Price Target and Prediction

Discover real-time Bionano Genomics, Inc., BNGO stock Forecast prices for 2025, 2030, 2035, 2040, 2045, 2050, and 2060, quotes, historical data, BNGO stock predictions, and expert insights.

Key Takeaways: for BioNano Genomics (BNGO) in the last 3 months:

  • The average price target is $5.13 with a high forecast of $6.98 and a low forecast of $2.05. The average price target represents a 362.50% change from the last price of $1.07.
  • BNGO’s revenue is expected to rise from $38.50 million this year to $48.70 million next year, while its (Earnings Per Share) EPS is projected to improve from -$1.70 to -$1.10.

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What is Bionano Genomics, Inc.?

BioNano Genomics, Inc. (NASDAQ: BNGO) is dedicated to enhancing health and wellness for all individuals through customer-centered innovations that revolutionize genomic understanding. The company is committed to elevating shareholder value through outstanding business performance and practices.

Specializations and Services

BioNano specializes in optical genome mapping (OGM) solutions, providing a range of services, software, and tools designed for genome mapping and analysis. Their offerings include Dx services, which are diagnostic services used to detect and interpret various genetic conditions, alongside advanced genome analysis software that enables genomics laboratories to analyze and interpret data across diverse platforms.

By transforming the way the world views and understands the genome, BioNano Genomics aims to bring cutting-edge genomic analysis capabilities to the forefront of healthcare, fostering advancements in medical research, diagnostics, and personalized medicine.

Company Profile

CompnayBionano Genomics, Inc.
ExchangeNASDAQ-CM
SectorIndustrial – Healthcare
IndustryBiotechnology: Laboratory Analytical Instruments
CEODr. Robert Erik Holmlin
Employees344
Websitewww.bionano.com

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Bionano Genomics, Inc. Financial Summary (BNGO: NASDAQ)

Bionano Genomics, Inc. (BNGO: NASDAQ)has demonstrated notable progress in its financial health for the first quarter of 2024. The company has achieved a healthy revenue growth of 18.2% and managed to reduce its net loss by 15.3% compared to the same period last year. The reduction in both basic and diluted loss per share from USD 1.23 to USD 0.6 further underscores the company’s improvements in financial management. While challenges remain, the overall financial trajectory indicates a positive outlook for Bionano Genomics.

Financial MetricQ1 2024Q1 2023YOY
RevenueUSD 8.77 millionUSD 7.42 million18.2% increase
Net LossUSD 31.42 millionUSD 37.12 million15.3% improvement
Basic Loss per ShareUSD 0.6USD 1.23N/A
Diluted Loss per ShareUSD 0.6USD 1.23N/A

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Bionano Genomics, Inc. (BNGO) Fundamental Analysis

Previous Close$1.0300
Open$1.0600
Day’s Range$1.0400 – $1.0900
52 Week Range$0.7100 – $8.2000
Share Volume646,474
Average Volume1,418,168
Market Cap (intraday)71.537M
Beta (5Y Monthly)2.41
P/E Ratio (TTM)
Forward P/E 1 Yr.-0.55
Earnings Per Share (EPS)$-6.1800
Earnings DateAug 7, 2024 – Aug 12, 2024

Bionano Genomics, Inc. (BNGO) Historical Chart by Trading View

BNGO stock Forecast | Bionano Genomics, Inc. (BNGO) Historical Chart by Trading View
Bionano Genomics, Inc. (BNGO) Historical Chart by Trading View

Long-term BNGO price forecast for 2025, 2030, 2035, 2040, 2045, 2050, and 2060

According to our current BNGO stock forecast, the value of BioNano Genomics shares will reach $4.90 by last of 2024, then the BNGO Share price will hit $6.80 by March 25, 2025, BioNano Genomics stock prediction for 1 year compared to the previous year’s will rise $ 17.50 in 2029, BNGO stocks could skyrocket to $24.50 by end of 2030, $41 in 2040, $85, in 2050, and $106.00 by 2060.

YearPredictionChange
2024$4.9310.15%
2025$6.80536.45%
2029$17.501531.78%
2030$24.502196.26%
2035$31.002799.07%
2040$41.003738.32%
2045$55.005037.38%
2050$85.007887.85%
2060$106.009822.43%

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BNGO Stock Forecast 2024

Based on the current BNGO stock forecast, it’s projected that the value of BioNano Genomics shares will experience a decrease of -22.20%, reaching $0.83245 per share by May 30, 2024. The technical indicators suggest a bearish sentiment from its current price.

BNGO Stock Forecast 2025

Price Targets for Bionano Genomics, Inc. (BNGO) stock will peak at a stock price of $6.80 by May 28, 2025, quarterly revenue of $31 million by December 31, 2025, and quarterly earnings per share of -$0.09 by December 31, 2025. This is a whopping 536.45% upside potential from its current price.

BNGO Stock Forecast 2030

BioNano Genomics Inc. (BNGO) stock forecast is expected to reach an average price target of $24.50 in 2030. BNGO stock annual earnings is 0.93 per share representing a 2196.26% rise from the current price.

BNGO Stock Forecast 2040

BioNano Genomics Inc. (BNGO) stock is expected to hit a record-high average price target of around $38.00 per share by 2040 with a high prediction of $41 and a low estimate of $21.81. The average price target represents an increase of 378.64% from the last closing price.

BNGO Stock Forecast 2050

Looking at Bionano Genomics Inc. financial reports and earnings the shares of BNGO will skyrocket to an average target of $51.00 per share by 2050 with a high prediction of $55.00 and a low estimate of $41.81 reaching a 7887.85% upside potential. This prediction is based on the 10-year average growth rate of BNGO shares from its current price.

BNGO Stock Forecast 2060

Based on the latest analysis, Bionano Genomics (BNGO) stock forecast for 2060 will experience a Whopping increase of 9822.43% per share with a high prediction of $106.00, a median target of $100 and a low estimate of $91.81 from its current price.

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Conclusion: Is BioNano Genomics (BNGO) a wise investment?

BioNano Genomics shows promising long-term growth potential. Despite short-term bearish forecasts and the potential risks associated with the reverse stock split, the overall outlook for BNGO suggests it could be a good investment for those willing to navigate the short-term volatility and focus on long-term gains. Recent financial improvements, such as a notable revenue increase and a reduction in net loss, indicate positive financial health.

What is the BNGO prediction for 2025?

The BNGO stock prediction for 2025 from today is $6.80, assuming that this prediction is based on the 10-year average growth rate of BNGO a -0.39% increase in the BNGO stock price.

What will BNGO’s net worth look like in 2040?

Assuming that BNGO grows at an 11.13% CAGR of the S&P 500, the stock could reach $41 by 2040, which would be a 3738.32% increase compared to today’s rates.

What is the price prediction for BioNano Genomics in 2030?

The BNGO price prediction for 2030 is between $38 on the lower end and $ 41 on the high end

Is there a reverse split for BNGO?

Bionano Genomics, Inc. (BNGO) has announced a one-for-ten (1-10) reverse split of its Common Stock, which may result in investors experiencing losses due to potential fluctuations in trading prices following reverse stock splits.

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