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Conmed Corp has a consensus price target of $94.44 based on the ratings of 9 analysts. The high is $141 issued by Keybanc on July 27, 2023. The low is $70 issued by Wells Fargo on February 6, 2025. The 3 most-recent analyst ratings were released by Stifel, Wells Fargo, and Needham on February 6, 2025, respectively. With an average price target of $78.67 between Stifel, Wells Fargo, and Needham, there's an implied 28.69% upside for Conmed Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Conmed (NYSE:CNMD) was reported by Stifel on February 6, 2025. The analyst firm set a price target for $75.00 expecting CNMD to rise to within 12 months (a possible 22.69% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Conmed (NYSE:CNMD) was provided by Stifel, and Conmed maintained their buy rating.
The last upgrade for Conmed Corp happened on March 27, 2023 when Keybanc raised their price target to $124. Keybanc previously had a sector weight for Conmed Corp.
The last downgrade for Conmed Corp happened on February 6, 2025 when JP Morgan changed their price target from $85 to $70 for Conmed Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Conmed, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Conmed was filed on February 6, 2025 so you should expect the next rating to be made available sometime around February 6, 2026.
While ratings are subjective and will change, the latest Conmed (CNMD) rating was a maintained with a price target of $72.00 to $75.00. The current price Conmed (CNMD) is trading at is $61.13, which is out of the analyst’s predicted range.
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