Avinger, Inc. (AVGR)
NASDAQ: AVGR · IEX Real-Time Price · USD
3.420
-0.130 (-3.66%)
Feb 23, 2024, 3:57 PM EST - Market closed

Avinger Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Avinger stock has a target of 5.00, which predicts an increase of 46.20% from the current stock price of 3.42.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $5.00 $5.00 $5.00
Change +46.20% +46.20% +46.20% +46.20%
* Price targets were last updated on Nov 13, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Avinger is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$1.6$5
Strong Buy Maintains $1.6$5 +46.20% Nov 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$24
Strong Buy Reiterates $24 +601.75% Jul 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$24
Strong Buy Initiates $24 +601.75% Apr 21, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$600$165
Strong Buy Maintains $600$165 +4,724.56% Mar 18, 2022
Aegis Capital
Aegis Capital
Strong Buy
Maintains
n/a
Strong Buy Maintains n/a n/a Nov 15, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
8.43M
from 8.27M
Increased by 1.92%
Revenue Next Year
11.51M
from 8.43M
Increased by 36.55%
EPS This Year
-3.66
from -65.40
EPS Next Year
-8.87
from -3.66
Year 20182019202020212022202320242025202620272028
Revenue
7.92M9.13M8.76M10.13M8.27M8.43M11.51M14.23M18.19M22.68M28.16M
Revenue Growth
-20.32%15.36%-4.05%15.63%-18.33%1.92%36.55%23.61%27.79%24.71%24.14%
EPS
-10,026.00-954.00-139.35-68.55-65.40-3.66-8.87-6.43---
EPS Growth
-----------
No. Analysts -----333333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 8.7M 11.9M 14.7M 18.7M 23.4M 29.0M
Avg 8.4M 11.5M 14.2M 18.2M 22.7M 28.2M
Low 8.1M 11.1M 13.7M 17.5M 21.8M 27.1M

Revenue Growth

Revenue Growth 202320242025202620272028
High
4.9%
40.6%
27.3%
31.6%
28.4%
27.8%
Avg
1.9%
36.6%
23.6%
27.8%
24.7%
24.1%
Low
-2.1%
31.2%
18.8%
22.8%
19.8%
19.3%

EPS Forecast

EPS 202320242025
High -3.77 -9.14 -6.62
Avg -3.66 -8.87 -6.43
Low -3.52 -8.53 -6.17

EPS Growth

EPS Growth 202320242025
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.