Envoy Medical, Inc. (COCH)
NASDAQ: COCH · IEX Real-Time Price · USD
3.110
+0.090 (2.98%)
May 17, 2024, 4:30 PM EDT - Market closed

Envoy Medical Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Envoy Medical stock has a target of 6.00, which predicts an increase of 92.93% from the current stock price of 3.11.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +92.93% +92.93% +92.93% +92.93%
* Price targets were last updated on Apr 3, 2024.

Analyst Ratings

The average analyst rating for Envoy Medical stock from 2 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 Feb '24Mar '24Apr '24May '24
Strong Buy 1111
Buy 1111
Hold 0000
Sell 0000
Strong Sell 0000
Total 2222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Lake Street
Lake Street
Strong Buy
Maintains
$3$6
Strong Buy Maintains $3$6 +92.93% Apr 3, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
n/a
Buy Initiates n/a n/a Dec 21, 2023
Lake Street
Lake Street
Strong Buy
Initiates
$3
Strong Buy Initiates $3 -3.54% Nov 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
340.00K
from 316.00K
Increased by 7.59%
Revenue Next Year
455.60K
from 340.00K
Increased by 34.00%
EPS This Year
-0.87
from -2.38
EPS Next Year
-0.93
from -0.87
Year 202120222023202420252026
Revenue
310.00K237.00K316.00K340.00K455.60K2.86M
Revenue Growth
--23.55%33.33%7.59%34.00%526.86%
EPS
-0.08-1.57-2.38-0.87-0.93-0.57
EPS Growth
------
No. Analysts ---553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 420,000 672,000 2.9M
Avg 339,997 455,603 2.9M
Low 294,000 294,000 2.7M

Revenue Growth

Revenue Growth 202420252026
High
32.9%
97.6%
545.3%
Avg
7.6%
34.0%
526.9%
Low
-7.0%
-13.5%
502.3%

EPS Forecast

EPS 202420252026
High -0.71 -0.82 -0.59
Avg -0.87 -0.93 -0.57
Low -1.06 -1.12 -0.55

EPS Growth

EPS Growth 202420252026
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.