BIOLASE, Inc. (BIOL)
OTCMKTS: BIOL · Delayed Price · USD
0.0687
-0.0063 (-8.40%)
Jul 19, 2024, 4:00 PM EDT - Market closed
BIOLASE Stock Forecast
BIOL's stock price has decreased by -99.11% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for BIOLASE stock have an average target of 2.20, with a low estimate of 0.40 and a high estimate of 4.00. The average target predicts an increase of 3,102.33% from the current stock price of 0.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for BIOLASE 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Reiterates $0.4 | Buy | Reiterates | $0.4 | +482.24% | May 14, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $15 → $4 | Strong Buy | Maintains | $15 → $4 | +5,722.42% | Apr 1, 2024 |
| Benchmark | Benchmark | Buy Maintains $2.5 → $0.4 | Buy | Maintains | $2.5 → $0.4 | +482.24% | Mar 22, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $150 → $40 | Strong Buy | Maintains | $150 → $40 | +58,124.16% | May 31, 2023 |
| Maxim Group | Maxim Group | Strong Buy Maintains $500 → $100 | Strong Buy | Maintains | $500 → $100 | +145,460.41% | Mar 29, 2023 |
Financial Forecast
Revenue This Year
51.69M
from 49.16M
Increased by 5.13%
Revenue Next Year
55.72M
from 51.69M
Increased by 7.80%
EPS This Year
-0.45
from -16.14
EPS Next Year
-0.10
from -0.45
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 55.0M | 59.7M |
| Avg | 51.7M | 55.7M |
| Low | 47.6M | 52.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 11.9% | 15.6% |
| Avg | 5.1% | 7.8% |
| Low | -3.1% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.33 | -0.09 |
| Avg | -0.45 | -0.10 |
| Low | -0.56 | -0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.