Cardio Diagnostics Holdings, Inc. (CDIO)
NASDAQ: CDIO · Real-Time Price · USD
0.249
+0.005 (2.05%)
Nov 21, 2024, 1:14 PM EST - Market open
CDIO Stock Forecast
CDIO's stock price has decreased by -89.34% 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 2.00, which predicts an increase of 702.57% from the current stock price of 0.25.
Analyst Consensus: Buy
* 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Reiterates $2 | Buy | Reiterates | $2 | +702.57% | Aug 27, 2024 |
| Benchmark | Benchmark | Buy Maintains $1.35 → $2 | Buy | Maintains | $1.35 → $2 | +702.57% | Jun 6, 2024 |
| Benchmark | Benchmark | Buy Maintains $4 → $1.35 | Buy | Maintains | $4 → $1.35 | +441.73% | Apr 19, 2024 |
| Benchmark | Benchmark | Buy Reiterates $8 | Buy | Reiterates | $8 | +3,110.27% | Jun 15, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $8 | Buy | Initiates | $8 | +3,110.27% | May 22, 2023 |
Financial Forecast
Revenue This Year
374.34K
from 17.07K
Increased by 2,093.61%
Revenue Next Year
535.50K
from 374.34K
Increased by 43.05%
EPS This Year
-0.46
from -0.66
EPS Next Year
-0.26
from -0.46
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 708,750 | 551,250 | 26.3M |
| Avg | 374,340 | 535,500 | 25.5M |
| Low | 57,820 | 514,500 | 24.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4,053.2% | 47.3% | 4,802.0% |
| Avg | 2,093.6% | 43.1% | 4,661.9% |
| Low | 238.8% | 37.4% | 4,475.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.38 | -0.26 |
| Avg | -0.46 | -0.26 |
| Low | -0.54 | -0.25 |
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.