Cutera, Inc. (CUTR)
NASDAQ: CUTR · IEX Real-Time Price · USD
2.120
+0.080 (3.92%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Cutera Stock Forecast
CUTR's stock price has decreased by -90.2% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cutera stock have an average target of 11, with a low estimate of 3.00 and a high estimate of 21. The average target predicts an increase of 418.87% from the current stock price of 2.12.
Analyst Consensus: Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for Cutera stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $10 | Buy | Reiterates | $10 | +371.70% | Mar 22, 2024 |
| William Blair | William Blair | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Mar 22, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $10 | Buy | Reiterates | $10 | +371.70% | Mar 6, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $21 | Buy | Reiterates | $21 | +890.57% | Dec 22, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $3 | Hold | Maintains | $18 → $3 | +41.51% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
214.53M
from 252.40M
Decreased by -15.00%
Revenue Next Year
166.13M
from 214.53M
Decreased by -22.56%
EPS This Year
-3.96
from -4.39
EPS Next Year
-3.95
from -3.96
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 223.0M | 172.5M | 192.2M | 219.6M | 430.4M | 499.1M |
| Avg | 214.5M | 166.1M | 180.4M | 198.5M | 346.2M | 388.8M |
| Low | 200.8M | 156.7M | 163.0M | 171.1M | 263.5M | 281.4M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -11.6% | -19.6% | 15.7% | 21.7% | 116.9% | 44.2% |
| Avg | -15.0% | -22.6% | 8.6% | 10.0% | 74.4% | 12.3% |
| Low | -20.4% | -26.9% | -1.9% | -5.1% | 32.8% | -18.7% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -3.89 | -3.20 | -2.45 | -1.64 | 0.49 | 1.37 |
| Avg | -3.96 | -3.95 | -2.99 | -2.35 | 0.48 | 1.33 |
| Low | -3.99 | -4.66 | -3.71 | -2.98 | 0.46 | 1.27 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | - | - | - | - | - | 184.7% |
| Avg | - | - | - | - | - | 176.6% |
| Low | - | - | - | - | - | 165.7% |
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.