Augmedix, Inc. (AUGX)
NASDAQ: AUGX · IEX Real-Time Price · USD
2.260
+1.344 (146.62%)
At close: Jul 19, 2024, 4:00 PM
2.270
+0.010 (0.44%)
Pre-market: Jul 22, 2024, 7:49 AM EDT
Augmedix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Augmedix stock have an average target of 4.67, with a low estimate of 3.50 and a high estimate of 5.50. The average target predicts an increase of 106.64% from the current stock price of 2.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Augmedix stock from 4 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 | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $8 → $3.5 | Strong Buy | Maintains | $8 → $3.5 | +54.87% | May 14, 2024 |
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $4.5 → $5 | Hold → Buy | Upgrades | $4.5 → $5 | +121.24% | Apr 9, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $5.5 | Strong Buy | Initiates | $5.5 | +143.36% | Apr 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $6.5 → $4.5 | Hold | Maintains | $6.5 → $4.5 | +99.12% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
55.63M
from 44.86M
Increased by 24.02%
Revenue Next Year
72.04M
from 55.63M
Increased by 29.50%
EPS This Year
-0.55
from -0.44
EPS Next Year
-0.47
from -0.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 64.5M | 89.1M | 65.1M |
| Avg | 55.6M | 72.0M | 63.2M |
| Low | 51.2M | 57.1M | 60.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 43.8% | 60.1% | -9.6% |
| Avg | 24.0% | 29.5% | -12.2% |
| Low | 14.0% | 2.7% | -15.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.47 | -0.45 | -0.37 |
| Avg | -0.55 | -0.47 | -0.36 |
| Low | -0.60 | -0.50 | -0.34 |
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.