DermTech, Inc. (DMTK)
NASDAQ: DMTK · IEX Real-Time Price · USD
0.591
-0.001 (-0.17%)
At close: Apr 18, 2024, 4:00 PM
0.610
+0.019 (3.21%)
After-hours: Apr 18, 2024, 7:54 PM EDT
DermTech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for DermTech stock have an average target of 1.75, with a low estimate of 1.50 and a high estimate of 2.00. The average target predicts an increase of 196.11% from the current stock price of 0.59.
Analyst Consensus: Buy
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for DermTech stock from 3 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 | 3 | 3 | 3 | 3 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 19, 2024 |
| BTIG | BTIG | Strong Buy Maintains $4 → $2 | Strong Buy | Maintains | $4 → $2 | +238.41% | Mar 7, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $2.5 → $1.5 | Hold | Maintains | $2.5 → $1.5 | +153.81% | Mar 5, 2024 |
| BTIG | BTIG | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +746.02% | Aug 7, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $8 → $6 | Buy | Maintains | $8 → $6 | +915.23% | Mar 29, 2023 |
Financial Forecast
Revenue This Year
18.32M
from 15.30M
Increased by 19.74%
Revenue Next Year
21.95M
from 18.32M
Increased by 19.86%
EPS This Year
-2.07
from -3.09
EPS Next Year
-1.79
from -2.07
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 20.8M | 25.4M |
| Avg | 18.3M | 22.0M |
| Low | 16.2M | 19.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 35.9% | 38.7% |
| Avg | 19.7% | 19.9% |
| Low | 5.7% | 6.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.70 | -0.88 |
| Avg | -2.07 | -1.79 |
| Low | -2.21 | -2.19 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.