KORU Medical Systems, Inc. (KRMD)
NASDAQ: KRMD · IEX Real-Time Price · USD
2.520
-0.010 (-0.40%)
At close: Jul 19, 2024, 4:00 PM
2.480
-0.040 (-1.59%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
KORU Medical Systems Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for KRMD stock have an average target of 3.70, with a low estimate of 3.00 and a high estimate of 4.50. The average target predicts an increase of 46.83% from the current stock price of 2.52.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for KRMD stock from 5 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +58.73% | Mar 14, 2024 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +19.05% | Dec 7, 2023 |
Lake Street | Lake Street | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +58.73% | Sep 7, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | +78.57% | Sep 7, 2023 |
Piper Sandler | Piper Sandler | Buy Maintains $4.5 → $3 | Buy | Maintains | $4.5 → $3 | +19.05% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
32.39M
from 28.52M
Increased by 13.58%
Revenue Next Year
37.96M
from 32.39M
Increased by 17.19%
EPS This Year
-0.16
from -0.30
EPS Next Year
-0.14
from -0.16
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 39.5M | 45.1M | 49.1M |
Avg | 38.0M | 43.2M | 45.7M |
Low | 36.1M | 40.9M | 42.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 38.5% | 18.9% | 13.8% |
Avg | 33.1% | 13.8% | 5.9% |
Low | 26.5% | 7.7% | -2.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.14 | -0.08 | 0.02 |
Avg | -0.14 | -0.10 | -0.03 |
Low | -0.14 | -0.11 | -0.08 |
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.