BIOLASE, Inc. (BIOL)
NASDAQ: BIOL · IEX Real-Time Price · USD
0.190
-0.001 (-0.68%)
At close: Mar 28, 2024, 4:00 PM
0.180
-0.010 (-5.16%)
After-hours: Mar 28, 2024, 7:59 PM EDT
BIOLASE Stock Forecast
BIOL's stock price has decreased by -99.52% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for BIOLASE stock have an average target of 46.8, with a low estimate of 0.40 and a high estimate of 100. The average target predicts an increase of 24,557.53% from the current stock price of 0.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BIOLASE stock from 3 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
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 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Benchmark | Benchmark | Buy Maintains $2.5 → $0.4 | Buy | Maintains | $2.5 → $0.4 | +110.75% | Mar 22, 2024 |
Lake Street | Lake Street | Strong Buy Maintains $150 → $40 | Strong Buy | Maintains | $150 → $40 | +20,974.82% | May 31, 2023 |
Maxim Group | Maxim Group | Strong Buy Maintains $500 → $100 | Strong Buy | Maintains | $500 → $100 | +52,587.04% | Mar 29, 2023 |
Benchmark | Benchmark | Buy Reiterates $200 | Buy | Reiterates | $200 | +105,274.08% | Mar 29, 2023 |
Lake Street | Lake Street | Strong Buy Initiates $150 | Strong Buy | Initiates | $150 | +78,930.56% | Jan 20, 2023 |
Financial Forecast
Revenue This Year
54.13M
from 49.16M
Increased by 10.10%
Revenue Next Year
58.35M
from 54.13M
Increased by 7.80%
EPS This Year
-1.88
from -29.44
EPS Next Year
-0.10
from -1.88
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 56.5M | 60.1M |
Avg | 54.1M | 58.4M |
Low | 51.0M | 56.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 14.9% | 11.0% |
Avg | 10.1% | 7.8% |
Low | 3.7% | 3.6% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.63 | -0.11 |
Avg | -1.88 | -0.10 |
Low | -3.03 | -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.