IRIDEX Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for IRIDEX stock has a target of 2.00, which predicts an increase of 100.00% from the current stock price of 1.00.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+100.00%	+100.00%	+100.00%	+100.00%

* Price targets were last updated on May 15, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for IRIDEX is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24	May '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Stephan Stifel	Stifel	Hold Maintains $2	Hold	Maintains	$2	+100.00%	May 15, 2024
Thomas Stephan Stifel	Stifel	Strong Buy → Hold Downgrades $5 → $3	Strong Buy → Hold	Downgrades	$5 → $3	+200.00%	Aug 26, 2022
Scott Henry Roth Capital	Roth Capital	Strong Buy Maintains $9 → $11	Strong Buy	Maintains	$9 → $11	+1,000.00%	May 12, 2021
Scott Henry Roth Capital	Roth Capital	Strong Buy Maintains $6 → $9	Strong Buy	Maintains	$6 → $9	+800.00%	Mar 3, 2021
Scott Henry Roth Capital	Roth Capital	Strong Buy Maintains $5.5 → $6	Strong Buy	Maintains	$5.5 → $6	+500.00%	Jan 13, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

50.59M

from 51.87M

-2.46%

from 51.87M

Revenue Next Year

53.35M

from 50.59M

5.44%

from 50.59M

EPS This Year

-0.53

from -0.59

EPS Next Year

-0.28

from -0.53

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	43.45M	36.35M	53.90M	56.97M	51.87M	50.59M	53.35M
Revenue Growth	1.99%	-16.34%	48.30%	5.69%	-8.96%	-2.46%	5.44%
EPS	-0.64	-0.46	-0.34	-0.47	-0.59	-0.53	-0.28
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	52.1M	54.9M
Avg	50.6M	53.3M
Low	48.6M	51.3M

Revenue Growth

Revenue Growth	2024	2025
High	0.4%	8.5%
Avg	-2.5%	5.4%
Low	-6.3%	1.3%

EPS Forecast

EPS	2024	2025
High	-0.55	-0.28
Avg	-0.53	-0.28
Low	-0.51	-0.26

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.