Elutia Inc. (ELUT)
NASDAQ: ELUT · IEX Real-Time Price · USD
3.160
+0.010 (0.32%)
Mar 28, 2024, 3:58 PM EDT - Market closed

Elutia Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Elutia stock have an average target of 4.50, with a low estimate of 3.00 and a high estimate of 6.00. The average target predicts an increase of 42.41% from the current stock price of 3.16.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.00 $4.50 $6.00 $6.00
Change -5.06% +42.41% +89.87% +89.87%
* Price targets were last updated on Nov 14, 2023.

Analyst Ratings

The average analyst rating for Elutia stock from 2 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 '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 11111
Buy 11111
Hold 00000
Sell 00000
Strong Sell 00000
Total 22222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$8$6
Buy Maintains $8$6 +89.87% Nov 14, 2023
Lake Street
Lake Street
Strong Buy
Initiates
$3
Strong Buy Initiates $3 -5.06% Sep 28, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$8
Buy Reiterates $8 +153.16% Sep 26, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$8
Buy Reiterates $8 +153.16% Sep 19, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
29.99M
from 24.75M
Increased by 21.19%
Revenue Next Year
52.12M
from 29.99M
Increased by 73.81%
EPS This Year
-1.34
from -2.07
EPS Next Year
n/a
from -1.34
Year 2019202020212022202320242026
Revenue
42.90M42.68M47.39M23.85M24.75M29.99M52.12M
Revenue Growth
9.90%-0.51%11.03%-49.68%3.76%21.19%73.81%
EPS
-18.48-8.88-2.38-2.38-2.07-1.34-
EPS Growth
-------
No. Analysts -----43
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242026
High 33.9M 53.7M
Avg 30.0M 52.1M
Low 26.0M 50.1M

Revenue Growth

Revenue Growth 20242026
High
37.1%
78.9%
Avg
21.2%
73.8%
Low
5.0%
67.0%

EPS Forecast

EPS 2024
High -1.33
Avg -1.34
Low -1.33

EPS Growth

EPS Growth 2024
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.