CVRx, Inc. (CVRX)
NASDAQ: CVRX · IEX Real-Time Price · USD
11.78
+0.07 (0.60%)
Jul 2, 2024, 4:00 PM EDT - Market closed
CVRx, Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CVRx, Inc. stock have an average target of 16.6, with a low estimate of 13 and a high estimate of 23. The average target predicts an increase of 40.92% from the current stock price of 11.78.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for CVRx, Inc. stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $35 → $18 | Strong Buy | Maintains | $35 → $18 | +52.80% | May 1, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $14 | Strong Buy | Maintains | $32 → $14 | +18.85% | May 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $30 → $23 | Strong Buy | Initiates | $30 → $23 | +95.25% | May 1, 2024 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $33 → $15 | Buy | Maintains | $33 → $15 | +27.33% | May 1, 2024 |
Financial Forecast
Revenue This Year
51.82M
from 39.30M
Increased by 31.87%
Revenue Next Year
69.07M
from 51.82M
Increased by 33.29%
EPS This Year
-2.55
from -1.99
EPS Next Year
-1.98
from -2.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 54.4M | 77.0M | 107.7M | 125.4M |
| Avg | 51.8M | 69.1M | 93.6M | 121.8M |
| Low | 49.0M | 62.7M | 82.3M | 117.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 38.5% | 48.7% | 55.9% | 33.9% |
| Avg | 31.9% | 33.3% | 35.6% | 30.1% |
| Low | 24.7% | 21.0% | 19.2% | 25.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.09 | -1.03 | -0.59 | -1.13 |
| Avg | -2.55 | -1.98 | -1.53 | -1.10 |
| Low | -2.58 | -2.55 | -2.55 | -1.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.