KORU Medical Systems, Inc. (KRMD)
NASDAQ: KRMD · Real-Time Price · USD
4.020
+0.320 (8.65%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 2.74% from the current stock price of 4.02.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 14, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 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 | 4 | 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 | +24.38% | Nov 14, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $3 → $4 | Strong Buy | Maintains | $3 → $4 | -0.50% | Nov 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $3 → $3.5 | Buy | Maintains | $3 → $3.5 | -12.94% | Nov 14, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $2.5 → $3 | Buy | Maintains | $2.5 → $3 | -25.37% | Aug 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | -0.50% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
33.59M
from 28.52M
Increased by 17.79%
Revenue Next Year
38.87M
from 33.59M
Increased by 15.73%
EPS This Year
-0.13
from -0.30
EPS Next Year
-0.09
from -0.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.7M | 40.5M | 47.6M |
| Avg | 33.6M | 38.9M | 45.2M |
| Low | 32.1M | 36.8M | 42.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7% | 20.7% | 22.6% |
| Avg | 17.8% | 15.7% | 16.2% |
| Low | 12.7% | 9.4% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | -0.08 | -0.00 |
| Avg | -0.13 | -0.09 | -0.03 |
| Low | -0.14 | -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.