electroCore, Inc. (ECOR)
NASDAQ: ECOR · IEX Real-Time Price · USD
5.91
+0.33 (5.82%)
At close: Apr 26, 2024, 3:59 PM
5.76
-0.15 (-2.46%)
After-hours: Apr 26, 2024, 4:00 PM EDT
electroCore Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for electroCore stock has a target of 15, which predicts an increase of 154.02% from the current stock price of 5.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for electroCore is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +154.02% | Mar 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $11 → $15 | Strong Buy | Maintains | $11 → $15 | +154.02% | Jan 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +86.28% | Nov 9, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +69.35% | Aug 10, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $10 | Strong Buy | Maintains | $8 → $10 | +69.35% | May 4, 2023 |
Financial Forecast
Revenue This Year
24.08M
from 16.03M
Increased by 50.20%
Revenue Next Year
34.34M
from 24.08M
Increased by 42.62%
EPS This Year
-1.93
from -3.42
EPS Next Year
-0.64
from -1.93
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4M | 45.0M | 51.5M | 59.6M | 74.4M |
| Avg | 24.1M | 34.3M | 50.1M | 57.9M | 72.2M |
| Low | 21.1M | 27.1M | 48.1M | 55.6M | 69.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 70.9% | 86.9% | 50.1% | 19.0% | 28.5% |
| Avg | 50.2% | 42.6% | 45.8% | 15.6% | 24.8% |
| Low | 31.6% | 12.6% | 40.1% | 11.1% | 19.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.54 | -0.24 | 0.12 |
| Avg | -1.93 | -0.64 | 0.11 |
| Low | -2.32 | -1.19 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.