Asensus Surgical, Inc. (ASXC)

Asensus Surgical Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Asensus Surgical stock has a target of 0.35, which predicts an increase of 40.56% from the current stock price of 0.25.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.35	$0.35	$0.35	$0.35
Change	+40.56%	+40.56%	+40.56%	+40.56%

Analyst Ratings

The average analyst rating for ASXC 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	2
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
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy → Hold Downgrades $2 → $0.35	Strong Buy → Hold	Downgrades	$2 → $0.35	+40.56%	Apr 4, 2024
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $2	Strong Buy	Maintains	$2	+703.21%	Mar 22, 2024
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 16, 2023
Swayampakula Ramakanth HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $2	Strong Buy	Reiterates	$2	+703.21%	Nov 15, 2023
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $1	Buy	Reiterates	$1	+301.61%	Aug 22, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

12.54M

Increased by 46.23%

from 8.58M

Revenue Next Year

22.66M

Increased by 80.64%

from 12.54M

EPS This Year

-0.19

from -0.31

EPS Next Year

-0.15

from -0.19

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	8.53M	3.18M	8.23M	7.09M	8.58M	12.54M	22.66M	52.41M	108.60M	158.40M
Revenue Growth	-64.60%	-62.78%	159.28%	-13.91%	21.02%	46.23%	80.64%	131.33%	107.22%	45.86%
EPS	-8.69	-0.85	-0.28	-0.32	-0.31	-0.19	-0.15	-0.08	0.04	0.14
EPS Growth	-	-	-	-	-	-	-	-	-	250.00%
No. Analysts	-	-	-	-	-	4	4	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	15.0M	33.1M	54.0M	111.8M	163.1M
Avg	12.5M	22.7M	52.4M	108.6M	158.4M
Low	10.1M	12.6M	50.4M	104.3M	152.2M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	75.0%	163.9%	138.1%	113.3%	50.1%
Avg	46.2%	80.6%	131.3%	107.2%	45.9%
Low	17.7%	0.8%	122.3%	99.1%	40.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.19	-0.14	-0.08	0.04	0.15
Avg	-0.19	-0.15	-0.08	0.04	0.14
Low	-0.19	-0.16	-0.08	0.04	0.14

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	-	260.3%
Avg	-	-	-	-	250.0%
Low	-	-	-	-	236.3%

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.