CorMedix Inc. (CRMD)
NASDAQ: CRMD · Real-Time Price · USD
7.25
+0.04 (0.49%)
At close: Sep 18, 2024, 4:00 PM
7.20
-0.04 (-0.62%)
After-hours: Sep 18, 2024, 7:05 PM EDT

CorMedix Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for CorMedix stock have an average target of 12.6, with a low estimate of 9.00 and a high estimate of 19. The average target predicts an increase of 73.91% from the current stock price of 7.25.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $9.00 $12.6 $12 $19
Change +24.22% +73.91% +65.63% +162.25%

Analyst Ratings

The average analyst rating for CorMedix stock from 5 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 Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 222233
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 444455

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rodman & Renshaw
Rodman & Renshaw
Strong Buy
Initiates
$13
Strong Buy Initiates $13 +79.43% Aug 26, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$9
Buy Reiterates $9 +24.22% Aug 15, 2024
Needham
Needham
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +38.03% Aug 15, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$14$12
Strong Buy Maintains $14$12 +65.63% Jul 25, 2024
Needham
Needham
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +38.03% Jun 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
30.47M
Revenue Next Year
93.48M
from 30.47M
Increased by 206.77%
EPS This Year
-0.60
from -0.91
EPS Next Year
0.11
from -0.60
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
283.27K239.23K190.94K65.41K-30.47M93.48M172.89M
Revenue Growth
-34.09%-15.55%-20.19%-65.74%--206.77%84.96%
EPS
-1.80-0.77-0.75-0.74-0.91-0.600.111.26
EPS Growth
-------1,099.03%
Forward PE
------68.965.75
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 40.8M 116.2M 210.0M
Avg 30.5M 93.5M 172.9M
Low 23.1M 68.9M 136.2M

Revenue Growth

Revenue Growth 20242025202620272028
High -
281.3%
124.6%
Avg -
206.8%
85.0%
Low -
126.1%
45.7%

EPS Forecast

EPS 20242025202620272028
High -0.39 0.62 1.90
Avg -0.60 0.11 1.26
Low -0.73 -0.37 0.65

EPS Growth

EPS Growth 20242025202620272028
High - -
1,709.0%
Avg - -
1,099.0%
Low - -
515.6%
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.