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
Target Low Average Median High
Price $0.40 $46.8 $40 $100
Change +110.75% +24557.5% +20974.8% +52587.0%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 333333

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
More Analyst Ratings

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
Year 2019202020212022202320242025
Revenue
37.80M22.78M39.19M48.46M49.16M54.13M58.35M
Revenue Growth
-18.10%-39.73%72.03%23.67%1.45%10.10%7.80%
EPS
-1,925.00-1,399.00-283.12-418.13-29.44-1.88-0.10
EPS Growth
-------
No. Analysts -----53
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 56.5M 60.1M
Avg 54.1M 58.4M
Low 51.0M 56.1M

Revenue Growth

Revenue Growth 20242025
High
14.9%
11.0%
Avg
10.1%
7.8%
Low
3.7%
3.6%

EPS Forecast

EPS 20242025
High -0.63 -0.11
Avg -1.88 -0.10
Low -3.03 -0.10

EPS Growth

EPS Growth 20242025
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.