CVRx, Inc. (CVRX)
NASDAQ: CVRX · IEX Real-Time Price · USD
8.29
+0.21 (2.60%)
At close: May 17, 2024, 4:00 PM
8.10
-0.19 (-2.29%)
After-hours: May 17, 2024, 5:36 PM EDT
CVRx, Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CVRx, Inc. stock have an average target of 16.6, with a low estimate of 13 and a high estimate of 23. The average target predicts an increase of 100.24% from the current stock price of 8.29.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CVRx, Inc. stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $35 → $18 | Strong Buy | Maintains | $35 → $18 | +117.13% | May 1, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $14 | Strong Buy | Maintains | $32 → $14 | +68.88% | May 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $30 → $23 | Strong Buy | Initiates | $30 → $23 | +177.44% | May 1, 2024 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $33 → $15 | Buy | Maintains | $33 → $15 | +80.94% | May 1, 2024 |
Financial Forecast
Revenue This Year
56.31M
from 39.30M
Increased by 43.30%
Revenue Next Year
77.54M
from 56.31M
Increased by 37.70%
EPS This Year
-2.02
from -1.99
EPS Next Year
-1.61
from -2.02
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 59.6M | 86.6M | 124.2M | 125.4M |
| Avg | 56.3M | 77.5M | 108.7M | 121.8M |
| Low | 51.9M | 66.2M | 90.4M | 117.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 51.8% | 53.8% | 60.2% | 15.3% |
| Avg | 43.3% | 37.7% | 40.2% | 12.0% |
| Low | 32.2% | 17.6% | 16.5% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -1.79 | -1.12 | -0.44 | -1.13 |
| Avg | -2.02 | -1.61 | -0.96 | -1.10 |
| Low | -2.08 | -1.94 | -1.51 | -1.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | - |
| Avg | - | - | - | - |
| Low | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.