InMode Ltd. (INMD)
NASDAQ: INMD · Real-Time Price · USD
17.91
-0.07 (-0.39%)
At close: Oct 29, 2024, 4:00 PM
18.00
+0.09 (0.50%)
After-hours: Oct 29, 2024, 6:30 PM EDT
InMode Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for InMode stock have an average target of 22.6, with a low estimate of 16 and a high estimate of 27. The average target predicts an increase of 26.19% from the current stock price of 17.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for InMode 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 4 | 4 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | +39.59% | Oct 17, 2024 |
| Barclays | Barclays | Buy Maintains $29 → $27 | Buy | Maintains | $29 → $27 | +50.75% | Oct 14, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 10, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $21 → $19 | Strong Buy → Hold | Downgrades | $21 → $19 | +6.09% | Jul 23, 2024 |
| Barclays | Barclays | Buy Maintains $33 → $29 | Buy | Maintains | $33 → $29 | +61.92% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
434.62M
from 492.05M
Decreased by -11.67%
Revenue Next Year
463.43M
from 434.62M
Increased by 6.63%
EPS This Year
1.95
from 2.30
Decreased by -15.30%
EPS Next Year
2.21
from 1.95
Increased by 13.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 456.9M | 501.9M | 548.4M |
| Avg | 434.6M | 463.4M | 494.3M |
| Low | 400.6M | 421.5M | 442.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -7.1% | 15.5% | 18.3% |
| Avg | -11.7% | 6.6% | 6.7% |
| Low | -18.6% | -3.0% | -4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.04 | 2.43 | 2.76 |
| Avg | 1.95 | 2.21 | 2.43 |
| Low | 1.79 | 2.05 | 2.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.4% | 24.5% | 24.9% |
| Avg | -15.3% | 13.5% | 10.0% |
| Low | -22.0% | 5.1% | -1.6% |
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.