Wall Street Analysts Think Inogen (INGN) Could Surge 49.25%: Read This Before Placing a Bet

Group 1 - Inogen (INGN) has shown a 9.5% increase in stock price over the past four weeks, with a mean price target of $11 indicating a potential upside of 49.3% [1] - The average price target ranges from a low of $7.00 to a high of $14.00, with a standard deviation of $3.61, suggesting variability in analysts' estimates [2] - Analysts have shown strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.5% over the last 30 days, indicating positive sentiment among analysts [12] - INGN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of stock gains, it does provide a directional guide for price movement [14]