Singular Genomics Systems, Inc. (OMIC)
NASDAQ: OMIC · IEX Real-Time Price · USD
0.381
+0.010 (2.72%)
May 17, 2024, 4:30 PM EDT - Market closed

Singular Genomics Systems Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for OMIC stock have an average target of 0.63, with a low estimate of 0.50 and a high estimate of 0.75. The average target predicts an increase of 65.31% from the current stock price of 0.38.

Analyst Consensus: Hold
Target Low Average Median High
Price $0.50 $0.63 $0.75 $0.75
Change +31.20% +65.31% +96.80% +96.80%

Analyst Ratings

The average analyst rating for OMIC stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 000000
Buy 000000
Hold 211222
Sell 100000
Strong Sell 000000
Total 311222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Maintains
$0.85$0.75
Hold Maintains $0.85$0.75 +96.80% May 15, 2024
UBS
UBS
Hold
Maintains
$0.4$0.5
Hold Maintains $0.4$0.5 +31.20% Mar 20, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$0.95$0.85
Hold Maintains $0.95$0.85 +123.04% Jan 23, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$0.95$0.85
Hold Maintains $0.95$0.85 +123.04% Jan 22, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$1.15$1
Hold Maintains $1.15$1 +162.40% Aug 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.47M
from 2.91M
Decreased by -15.25%
Revenue Next Year
21.69M
from 2.47M
Increased by 779.21%
EPS This Year
-1.19
from -1.30
EPS Next Year
-1.09
from -1.19
Year 20192020202120222023202420252026
Revenue
---765.00K2.91M2.47M21.69M36.37M
Revenue Growth
----280.52%-15.25%779.21%67.69%
EPS
-1.43-2.64-2.10-1.28-1.30-1.19-1.09-0.76
EPS Growth
--------
No. Analysts -----444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.9M 22.3M 58.0M
Avg 2.5M 21.7M 36.4M
Low 2.1M 20.8M 15.8M

Revenue Growth

Revenue Growth 202420252026
High
-1.2%
805.1%
167.3%
Avg
-15.3%
779.2%
67.7%
Low
-29.3%
744.8%
-27.3%

EPS Forecast

EPS 202420252026
High -1.17 -1.03 -0.72
Avg -1.19 -1.09 -0.76
Low -1.20 -1.13 -0.78

EPS Growth

EPS Growth 202420252026
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.