Wall Street Analysts Predict a 32.62% Upside in GENEDX HOLDINGS (WGS): Here's What You Should Know

Core Viewpoint - GeneDx Holdings Corp. (WGS) shows potential for significant upside, with a mean price target of $92.86 indicating a 32.6% increase from the current price of $70.02 [1] Price Targets and Analyst Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $15.09, indicating variability among analysts [2] - The lowest estimate of $78 suggests an 11.4% increase, while the highest estimate of $114 indicates a potential surge of 62.8% [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Earnings Estimates and Analyst Optimism - Analysts are optimistic about WGS's earnings prospects, as indicated by a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 12.4%, with no negative revisions [12] - WGS holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13]