Quanterix Corporation (QTRX)
NASDAQ: QTRX · IEX Real-Time Price · USD
15.97
-0.35 (-2.14%)
May 31, 2024, 4:00 PM EDT - Market closed
Quanterix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Quanterix stock have an average target of 30.33, with a low estimate of 25 and a high estimate of 34. The average target predicts an increase of 89.92% from the current stock price of 15.97.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for Quanterix stock from 3 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 | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +56.54% | Apr 29, 2024 |
Scotiabank | Scotiabank | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +100.38% | Mar 4, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +112.90% | Sep 28, 2023 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +112.90% | Sep 27, 2023 |
Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades $25 → $32 | Hold → Strong Buy | Upgrades | $25 → $32 | +100.38% | Sep 25, 2023 |
Financial Forecast
Revenue This Year
144.95M
from 122.37M
Increased by 18.45%
Revenue Next Year
173.59M
from 144.95M
Increased by 19.76%
EPS This Year
-0.95
from -0.86
EPS Next Year
-0.83
from -0.95
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 152.7M | 187.8M | 231.6M | 240.2M | 279.1M |
Avg | 145.0M | 173.6M | 208.0M | 233.4M | 271.1M |
Low | 137.7M | 162.4M | 190.8M | 224.2M | 260.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 24.8% | 29.5% | 33.4% | 15.5% | 19.6% |
Avg | 18.5% | 19.8% | 19.8% | 12.2% | 16.2% |
Low | 12.5% | 12.0% | 9.9% | 7.8% | 11.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.85 | -0.65 | -0.32 |
Avg | -0.95 | -0.83 | -0.55 |
Low | -1.01 | -0.91 | -0.74 |
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.