Elutia Inc. (ELUT)
NASDAQ: ELUT · IEX Real-Time Price · USD
3.310
+0.090 (2.80%)
At close: May 17, 2024, 4:00 PM
3.110
-0.200 (-6.04%)
After-hours: May 17, 2024, 6:45 PM EDT
Elutia Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Elutia stock have an average target of 4.00, with a low estimate of 3.00 and a high estimate of 5.00. The average target predicts an increase of 20.85% from the current stock price of 3.31.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Elutia stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +51.06% | May 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +81.27% | Nov 14, 2023 |
| Lake Street | Lake Street | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | -9.37% | Sep 28, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8 | Buy | Reiterates | $8 | +141.69% | Sep 26, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8 | Buy | Reiterates | $8 | +141.69% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
26.98M
from 24.75M
Increased by 9.03%
Revenue Next Year
39.78M
from 26.98M
Increased by 47.45%
EPS This Year
-1.64
from -2.07
EPS Next Year
-1.32
from -1.64
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.3M | 50.4M | 88.5M |
| Avg | 27.0M | 39.8M | 86.0M |
| Low | 24.5M | 29.4M | 82.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.4% | 86.8% | 122.5% |
| Avg | 9.0% | 47.4% | 116.2% |
| Low | -1.0% | 9.0% | 107.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.62 | -1.11 | - |
| Avg | -1.64 | -1.32 | - |
| Low | -1.65 | -1.50 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.