AtriCure, Inc. (ATRC)
NASDAQ: ATRC · IEX Real-Time Price · USD
23.05
-0.12 (-0.52%)
At close: Apr 24, 2024, 4:00 PM
23.21
+0.16 (0.69%)
Pre-market: Apr 25, 2024, 8:29 AM EDT
AtriCure Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for AtriCure stock have an average target of 48, with a low estimate of 32 and a high estimate of 60. The average target predicts an increase of 108.24% from the current stock price of 23.05.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AtriCure stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 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 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $32 | Hold → Buy | Upgrades | $32 | +38.83% | Apr 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $46 | Strong Buy | Reiterates | $46 | +99.57% | Apr 10, 2024 |
| UBS | UBS | Strong Buy Maintains $57 → $58 | Strong Buy | Maintains | $57 → $58 | +151.63% | Feb 16, 2024 |
| Stifel | Stifel | Strong Buy Maintains $50 → $42 | Strong Buy | Maintains | $50 → $42 | +82.21% | Feb 16, 2024 |
| Needham | Needham | Strong Buy Maintains $44 → $46 | Strong Buy | Maintains | $44 → $46 | +99.57% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
470.53M
from 399.25M
Increased by 17.85%
Revenue Next Year
536.50M
from 470.53M
Increased by 14.02%
EPS This Year
-0.76
from -0.66
EPS Next Year
-0.59
from -0.76
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 486.3M | 558.1M | 650.0M | 767.6M |
| Avg | 470.5M | 536.5M | 607.3M | 745.6M |
| Low | 450.4M | 507.2M | 563.6M | 716.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.8% | 18.6% | 21.1% | 26.4% |
| Avg | 17.9% | 14.0% | 13.2% | 22.8% |
| Low | 12.8% | 7.8% | 5.1% | 18.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.66 | -0.30 | -0.14 | -0.86 |
| Avg | -0.76 | -0.59 | -0.44 | -0.84 |
| Low | -0.77 | -0.77 | -0.77 | -0.80 |
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.