Cardio Diagnostics Holdings, Inc. (CDIO)

CDIO Stock Forecast

CDIO's stock price has decreased by -72.88% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CDIO stock has a target of 60, which predicts a 1245.8% increase from the current stock price of 4.46.

Price Target: $60 (+1245.8%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$60	$60	$60
Change	+1245.8%	+1245.8%	+1245.8%	+1245.8%

* Price targets were last updated on Aug 27, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for CDIO is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	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	2	2	2	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bruce Jackson Benchmark	Benchmark	Buy Reiterates $60	Buy	Reiterates	$60	+1,245.80%	Aug 27, 2024
Bruce Jackson Benchmark	Benchmark	Buy Maintains $41 → $60	Buy	Maintains	$41 → $60	+1,245.80%	Jun 6, 2024
Bruce Jackson Benchmark	Benchmark	Buy Maintains $120 → $41	Buy	Maintains	$120 → $41	+808.42%	Apr 19, 2024
Bruce Jackson Benchmark	Benchmark	Buy Reiterates $240	Buy	Reiterates	$240	+5,283.22%	Jun 15, 2023
Carl Byrnes Northland Capital Markets	Northland Capital Markets	Buy Initiates $240	Buy	Initiates	$240	+5,283.22%	May 22, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

535.50K

Increased by 1,434.82%

from 34.89K

Revenue Next Year

25.50M

Increased by 4,661.90%

from 535.50K

EPS This Year

-7.65

from -9.35

EPS Next Year

n/a

from -7.65

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	901.00	950.00	17.07K	34.89K	535.50K	25.50M
Revenue Growth	-	-	5.44%	1,696.32%	104.45%	1,434.82%	4,661.90%
EPS	-17.53	-16.00	-45.29	-19.81	-9.35	-7.65	-
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	551,250	26.3M
Avg	535,500	25.5M
Low	514,500	24.5M

Revenue Growth

Revenue Growth	2025	2026
High	1,480.0%	4,802.0%
Avg	1,434.8%	4,661.9%
Low	1,374.6%	4,475.2%

EPS Forecast

EPS	2025
High	-7.88
Avg	-7.65
Low	-7.35

EPS Growth

EPS Growth	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.