Avinger, Inc. (AVGR)
NASDAQ: AVGR · IEX Real-Time Price · USD
3.750
-0.100 (-2.60%)
At close: Apr 26, 2024, 3:47 PM
3.730
-0.020 (-0.53%)
After-hours: Apr 26, 2024, 4:00 PM EDT
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 33.33% from the current stock price of 3.75.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 21, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +33.33% | Mar 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +33.33% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.6 → $5 | Strong Buy | Maintains | $1.6 → $5 | +33.33% | Nov 13, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $24 | Strong Buy | Reiterates | $24 | +540.00% | Jul 28, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $24 | Strong Buy | Initiates | $24 | +540.00% | Apr 21, 2023 |
Financial Forecast
Revenue This Year
11.51M
from 7.65M
Increased by 50.47%
Revenue Next Year
14.21M
from 11.51M
Increased by 23.41%
EPS This Year
-8.87
from -23.31
EPS Next Year
-1.38
from -8.87
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.9M | 14.6M | 18.7M | 23.4M | 29.0M |
| Avg | 11.5M | 14.2M | 18.2M | 22.7M | 28.2M |
| Low | 11.1M | 13.7M | 17.4M | 21.8M | 27.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.9% | 27.0% | 31.5% | 28.6% | 27.8% |
| Avg | 50.5% | 23.4% | 27.8% | 24.9% | 24.1% |
| Low | 44.6% | 18.6% | 22.8% | 20.0% | 19.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -9.14 | -1.42 | -0.90 |
| Avg | -8.87 | -1.38 | -0.88 |
| Low | -8.53 | -1.32 | -0.84 |
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.