OptimizeRx Corporation (OPRX)

NASDAQ: OPRX · IEX Real-Time Price · USD
12.69
-0.16 (-1.25%)
At close: May 17, 2024, 4:00 PM
12.75
+0.06 (0.47%)
After-hours: May 17, 2024, 4:30 PM EDT
-1.25%
Market Cap 232.94M
Revenue (ttm) 78.21M
Net Income (ttm) -18.07M
Shares Out 18.27M
EPS (ttm) -1.03
PE Ratio n/a
Forward PE 46.41
Dividend n/a
Ex-Dividend Date n/a
Volume 162,445
Open 12.87
Previous Close 12.85
Day's Range 12.50 - 13.01
52-Week Range 6.92 - 16.65
Beta 1.05
Analysts Strong Buy
Price Target 16.00 (+26.08%)
Earnings Date May 14, 2024

About OPRX

OptimizeRx Corporation, a digital health technology company, enables care-focused engagement between life sciences organizations, healthcare providers, and patients at critical junctures throughout the patient care journey. It offers various tech-enabled marketing solutions through its Artificial Intelligence-generated Dynamic Audience and Activation Platform, which enables customers to execute traditional marketing campaigns on its proprietary digital point-of-care network, as well as dynamic marketing campaigns that optimize audiences in real... [Read more]

Sector Healthcare
CEO William J. Febbo
Employees 135
Stock Exchange NASDAQ
Ticker Symbol OPRX
Full Company Profile

Financial Performance

In 2023, OptimizeRx's revenue was $71.52 million, an increase of 14.53% compared to the previous year's $62.45 million. Losses were -$17.57 million, 53.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for OPRX stock is "Strong Buy." The 12-month stock price forecast is $16.0, which is an increase of 26.08% from the latest price.

Price Target
$16.0
(26.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

OptimizeRx Reports First Quarter 2024 Financial Results

WALTHAM, Mass., May 14, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and enga...

4 days ago - GlobeNewsWire

OptimizeRx to Participate in Upcoming Investor Conferences

WALTHAM, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp . (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and eng...

12 days ago - GlobeNewsWire

OptimizeRx Provides Business Update and Sets First Quarter 2024 Conference Call for May 14, 2024 at 4:30 p.m. ET

1Q24 revenue expected to grow over 40% year-over-year and come in between $18.5 - $19.2 million First quarter revenue and adjusted EBITDA to come in ahead of consensus DAAP adoption and cross selling ...

22 days ago - GlobeNewsWire

OptimizeRx Releases 2024 Environmental, Social, and Governance (ESG) Report

WALTHAM, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and enga...

4 weeks ago - GlobeNewsWire

OptimizeRx Reports Strong Fourth Quarter and Full Year 2023 Financial Results

WALTHAM, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and enga...

4 weeks ago - GlobeNewsWire

OptimizeRx Named America's Fastest-Growing Company for Fifth Year in a Row

WALTHAM, Mass., April 11, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and enga...

5 weeks ago - GlobeNewsWire

OptimizeRx Sets Fourth Quarter 2023 Conference Call for March 28, 2024 at 8:30 a.m. ET

WALTHAM, Mass., March 25, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and en...

7 weeks ago - GlobeNewsWire

OptimizeRx Provides an Update on the Timing of Earnings Call and Reaffirms Prior Revenue and Adjusted EBITDA Estimates for FY2023

WALTHAM, Mass., March 11, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and en...

2 months ago - GlobeNewsWire

OptimizeRx Powers Walmart's ‘Specialty Pharmacies of the Community' Outreach Effort

WALTHAM, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and enga...

2 months ago - GlobeNewsWire

OptimizeRx Announces Strategic Board Changes to Support Growth and Evolving Landscape

WALTHAM, Mass., Jan. 25, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and engag...

4 months ago - GlobeNewsWire

OptimizeRx Preannounces Select Expected 2023 Financials and Provides a Business Update

WALTHAM, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- OptimizeRx Corp . (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and en...

4 months ago - GlobeNewsWire

OptimizeRx to Participate at the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco

WALTHAM, Mass., Dec. 18, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and eng...

5 months ago - GlobeNewsWire

OptimizeRx Reports Third Quarter 2023 Financial Results

- Increases guidance for 2023 and introduces guidance for 2024- Total revenue of $16.3 million- GAAP net loss per share of $(0.17)- Non-GAAP net income per share of $0.09- Total DAAP (fka RWD) deals f...

6 months ago - GlobeNewsWire

OptimizeRx Announces Completion of Medicx Acquisition and Sets Third Quarter 2023 Conference Call for November 6, 2023, at 8:30 a.m. ET

Executive Leadership expands with Steve Silvestro being promoted to President, and Theresa Greco assuming the role of Chief Commercial Officer Executive Leadership expands with Steve Silvestro being p...

7 months ago - GlobeNewsWire

OptimizeRx Announces Agreement to Acquire Medicx Health for $95 million to Expand its Omnichannel Reach to Consumers

Preannounces Preliminary Third Quarter 2023 Results OptimizeRx adds new, proven, profitable technologies to become the most comprehensive healthcare marketing platform in the nation. Consolidated reve...

7 months ago - GlobeNewsWire

OptimizeRx Expands AI Powered Omnichannel Platform

WALTHAM, Mass., Aug. 24, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therapy, ...

9 months ago - GlobeNewsWire

OptimizeRx Reports Second Quarter 2023 Financial Results

– RWD.AI-enabled portion of the core business sees 186% YOY growth during the first half of 2023 – Non-core business is lagging – Total revenue of $13.8 million – GAAP net loss per share of $(0.24) – ...

9 months ago - GlobeNewsWire

OptimizeRx Sets Second Quarter 2023 Conference Call for August 14, 2023 at 4:30 p.m. ET

ROCHESTER, Mich., July 31, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therapy...

10 months ago - GlobeNewsWire

OptimizeRx's CEO Provides 2023 Midyear Strategic Update

ROCHESTER, Mich., May 24, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therapy,...

1 year ago - GlobeNewsWire

OptimizeRx's Karina Castagna Named One of the 2023 PM360 ELITE 100

Castagna was recognized as a Digital Crusader for her ongoing and leading-edge work in digital access to therapies for patients Castagna was recognized as a Digital Crusader for her ongoing and leadin...

1 year ago - GlobeNewsWire

OptimizeRx Reports First Quarter 2023 Financial Results

ROCHESTER, Mich., May 10, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therapy,...

1 year ago - GlobeNewsWire

OptimizeRx Releases 2023 Environmental, Social and Governance (ESG) Report

ROCHESTER, Mich., April 04, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therap...

1 year ago - GlobeNewsWire

Financial Times Ranks OptimizeRx Amongst The Americas' Fastest Growing Companies for the Fourth Consecutive Year

– AI driven RWD deals grow from 6 completed in 2022 to several dozen in pipeline today, representing the rapid adoption of OptimizeRx's health technology enablement platform services – AI driven RWD d...

1 year ago - GlobeNewsWire

Top 5 Health Care Stocks Which Could Rescue Your Portfolio This Month - Cara Therapeutics (NASDAQ:CARA), AdaptHealth (NASDAQ:AHCO)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: AHCOCARATKNO
1 year ago - Benzinga

OptimizeRx Authorizes $15 Million Share Repurchase Program

ROCHESTER, Mich., March 14, 2023 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therap...

1 year ago - GlobeNewsWire