Carlsmed Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Carlsmed stock has a consensus rating of "Strong Buy" and an average price target of $18.17. The average 1-year stock price forecast is 55.50% higher than the current stock price, while the lowest is $16 (+36.93%) and the highest is $23 (+96.83%).

Price Target: $18.17 (+55.50%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$16	$18.17	$17.5	$23
Change	+36.93%	+55.50%	+49.76%	+96.83%

Analyst Ratings

The average analyst rating for Carlsmed stock 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	Jan '26	Feb '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	4	4	4	4	4	4
Buy	1	1	1	1	1	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Saxon Needham	Needham	Buy Initiates $17	Buy	Initiates	$17	+45.49%	Jul 1, 2026
Ryan Zimmerman BTIG	BTIG	Buy Maintains $23	Buy	Maintains	$23	+96.83%	Jun 23, 2026
Matthew O'Brien Piper Sandler	Piper Sandler	Buy Reiterates $18	Buy	Reiterates	$18	+54.04%	Jun 3, 2026
Richard Newitter Truist Financial	Truist Financial	Buy Reiterates $18	Buy	Reiterates	$18	+54.04%	May 6, 2026
David Roman Goldman Sachs	Goldman Sachs	Buy Maintains $17 → $16	Buy	Maintains	$17 → $16	+36.93%	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

75.12M

from 50.51M

48.72%

from 50.51M

Revenue Next Year

105.53M

from 75.12M

40.49%

from 75.12M

EPS This Year

-1.47

from -1.97

EPS Next Year

-1.44

from -1.47

Fiscal Year	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.78M	27.17M	50.51M	75.12M
Revenue Growth	-	97.16%	85.94%	48.72%
Gross Profit	9.90M	20.05M	38.04M	57.19M
Gross Margin	71.88%	73.80%	75.31%	76.13%
Operating Income	-18.59M	-24.12M	-30.57M	-42.66M
Net Income	-18.90M	-24.26M	-29.63M	-40.45M
EPS	-	-	-1.97	-1.47
Free Cash Flow	-	-17.29M	-21.65M	-34.00M
No. Analysts	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	76.3M
Avg	75.1M
Low	74.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	51.0%
Avg	48.7%
Low	47.7%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-1.47
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-