AtriCure, Inc. (ATRC)
NASDAQ: ATRC · IEX Real-Time Price · USD
24.17
-0.50 (-2.03%)
At close: Jul 19, 2024, 4:00 PM
24.08
-0.09 (-0.37%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
AtriCure Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for AtriCure stock have an average target of 45, with a low estimate of 32 and a high estimate of 60. The average target predicts an increase of 86.18% from the current stock price of 24.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AtriCure stock from 7 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +65.49% | Jul 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $57 → $49 | Strong Buy | Maintains | $57 → $49 | +102.73% | May 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $42 → $34 | Buy | Maintains | $42 → $34 | +40.67% | May 2, 2024 |
| Needham | Needham | Strong Buy Maintains $46 → $40 | Strong Buy | Maintains | $46 → $40 | +65.49% | May 2, 2024 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $32 | Hold → Buy | Upgrades | $32 | +32.40% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
471.22M
from 399.25M
Increased by 18.03%
Revenue Next Year
536.09M
from 471.22M
Increased by 13.77%
EPS This Year
-0.79
from -0.66
EPS Next Year
-0.63
from -0.79
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 486.3M | 557.7M | 653.5M | 772.1M |
| Avg | 471.2M | 536.1M | 606.3M | 750.0M |
| Low | 450.3M | 507.9M | 564.8M | 720.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.8% | 18.3% | 21.9% | 27.3% |
| Avg | 18.0% | 13.8% | 13.1% | 23.7% |
| Low | 12.8% | 7.8% | 5.3% | 18.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.77 | -0.40 | -0.39 | -0.44 |
| Avg | -0.79 | -0.63 | -0.47 | -0.43 |
| Low | -0.78 | -0.65 | -0.56 | -0.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.