16.1% Below Target

Penumbra, Inc. (PEN) has a consensus 12-month price target of $368.18, implying 16.1% upside from $317.2. The 22 analysts covering PEN see moderate appreciation potential.

PEN has a consensus rating of "Hold" based on 22 Wall Street analysts. The rating breakdown is mixed, with 13 Hold ratings making up the largest segment. The consensus 12-month price target of $368.18 implies 16.1% upside from current levels.

At a forward P/E of 64.3982x, PEN trades at a premium valuation. The consensus price target of $368.18 (16.1% upside) suggests analysts still see growth justifying the multiple.

The most bullish Wall Street analyst has a price target of $374 for PEN, while the most conservative target is $335. The consensus of $368.18 represents the median expectation. Our quantitative valuation model projects a bull case target of $178 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PEN is well covered by analysts, with 22 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 13 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PEN stock forecast based on 22 Wall Street analysts shows a consensus price target of $368.18, with estimates ranging from $335 (bear case) to $374 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $135, with bear/bull scenarios of $85/$178.

Our quantitative valuation model calculates PEN's fair value at $135 (base case), with a bear case of $85 and bull case of $178. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.

PEN trades at a forward P/E ratio of 64.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 70.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on PEN, with a "Hold" consensus rating and $368.18 price target (16.1% upside). 9 of 22 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PEN analyst price targets range from $335 to $374, a 11% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $368.18 consensus represents the middle ground. Our model's $85-$178 range provides an independent fundamental perspective.