CVRx, Inc. (CVRX)
NASDAQ: CVRX · IEX Real-Time Price · USD
16.38
-0.25 (-1.50%)
Apr 16, 2024, 4:00 PM EDT - Market closed

CVRx, Inc. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CVRx, Inc. stock have an average target of 33.67, with a low estimate of 32 and a high estimate of 36. The average target predicts an increase of 105.56% from the current stock price of 16.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $32 $33.67 $33 $36
Change +95.36% +105.56% +101.47% +119.78%
* Price targets were last updated on Jan 26, 2024.

Analyst Ratings

The average analyst rating for CVRx, Inc. stock from 3 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 322221
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 544443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$21$33
Buy Maintains $21$33 +101.47% Jan 26, 2024
JP Morgan
JP Morgan
Buy
Maintains
$31$36
Buy Maintains $31$36 +119.78% Jan 26, 2024
Lake Street
Lake Street
Strong Buy
Maintains
$21$32
Strong Buy Maintains $21$32 +95.36% Dec 27, 2023
JP Morgan
JP Morgan
Buy
Maintains
$17$31
Buy Maintains $17$31 +89.26% Dec 20, 2023
Lake Street
Lake Street
Strong Buy
Maintains
$15$18
Strong Buy Maintains $15$18 +9.89% May 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
56.31M
from 39.30M
Increased by 43.30%
Revenue Next Year
77.54M
from 56.31M
Increased by 37.70%
EPS This Year
-2.02
from -1.99
EPS Next Year
-1.61
from -2.02
Year 201920202021202220232024202520262027
Revenue
6.26M6.05M13.04M22.47M39.30M56.31M77.54M108.71M157.08M
Revenue Growth
--3.26%115.36%72.36%74.89%43.30%37.70%40.20%44.49%
EPS
-0.77-37.01-4.16-2.02-1.99-2.02-1.61-0.960.66
EPS Growth
---------
No. Analysts -----8863
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 59.6M 86.6M 124.2M 161.7M
Avg 56.3M 77.5M 108.7M 157.1M
Low 51.9M 66.2M 90.4M 150.9M

Revenue Growth

Revenue Growth 2024202520262027
High
51.8%
53.8%
60.2%
48.7%
Avg
43.3%
37.7%
40.2%
44.5%
Low
32.2%
17.6%
16.5%
38.8%

EPS Forecast

EPS 2024202520262027
High -1.79 -1.12 -0.44 0.68
Avg -2.02 -1.61 -0.96 0.66
Low -2.08 -1.94 -1.51 0.64

EPS Growth

EPS Growth 2024202520262027
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.