KORU Medical Systems, Inc. (KRMD)
NASDAQ: KRMD · Real-Time Price · USD
3.610
-0.040 (-1.10%)
Nov 21, 2024, 2:13 PM EST - Market open
KORU Medical Systems Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for KRMD stock have an average target of 4.13, with a low estimate of 3.50 and a high estimate of 5.00. The average target predicts an increase of 14.40% from the current stock price of 3.61.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for KRMD stock from 4 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| 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 | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $4 → $5 | Strong Buy | Maintains | $4 → $5 | +38.50% | Nov 14, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $3 → $4 | Strong Buy | Maintains | $3 → $4 | +10.80% | Nov 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $3 → $3.5 | Buy | Maintains | $3 → $3.5 | -3.05% | Nov 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $2.5 → $3 | Buy | Maintains | $2.5 → $3 | -16.90% | Aug 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +10.80% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
32.93M
from 28.52M
Increased by 15.46%
Revenue Next Year
38.68M
from 32.93M
Increased by 17.47%
EPS This Year
-0.14
from -0.30
EPS Next Year
-0.09
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.1M | 40.4M | 49.1M |
| Avg | 32.9M | 38.7M | 45.9M |
| Low | 31.4M | 36.7M | 42.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.7% | 22.8% | 27.1% |
| Avg | 15.5% | 17.5% | 18.7% |
| Low | 10.0% | 11.3% | 9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.14 | -0.07 | -0.02 |
| Avg | -0.14 | -0.09 | -0.05 |
| Low | -0.16 | -0.11 | -0.07 |
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.