Cardio Diagnostics Holdings, Inc. (CDIO)
NASDAQ: CDIO · IEX Real-Time Price · USD
0.870
-0.220 (-20.18%)
At close: Apr 19, 2024, 4:00 PM
0.883
+0.013 (1.54%)
After-hours: Apr 19, 2024, 7:39 PM EDT
CDIO Stock Forecast
CDIO's stock price has decreased by -65.75% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CDIO stock have an average target of 4.68, with a low estimate of 1.35 and a high estimate of 8.00. The average target predicts an increase of 437.93% from the current stock price of 0.87.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CDIO stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Maintains $4 → $1.35 | Buy | Maintains | $4 → $1.35 | +55.17% | Apr 19, 2024 |
| Benchmark | Benchmark | Buy Reiterates $8 | Buy | Reiterates | $8 | +819.54% | Jun 15, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $8 | Buy | Initiates | $8 | +819.54% | May 22, 2023 |
| Benchmark | Benchmark | Buy Reiterates $8 | Buy | Reiterates | $8 | +819.54% | Apr 18, 2023 |
Financial Forecast
Revenue This Year
2.89M
from 17.07K
Increased by 16,858.69%
Revenue Next Year
11.73M
from 2.89M
Increased by 305.32%
EPS This Year
-0.65
from -0.66
EPS Next Year
-0.90
from -0.65
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3M | 12.1M | 26.3M |
| Avg | 2.9M | 11.7M | 25.5M |
| Low | 661,500 | 11.3M | 24.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30,664.7% | 317.2% | 123.8% |
| Avg | 16,858.7% | 305.3% | 117.4% |
| Low | 3,776.4% | 289.4% | 108.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.58 | -0.92 |
| Avg | -0.65 | -0.90 |
| Low | -0.72 | -0.86 |
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.