LifeMD, Inc. (LFMD)
NASDAQ: LFMD · IEX Real-Time Price · USD
6.62
-0.18 (-2.65%)
At close: Jul 2, 2024, 4:00 PM
6.80
+0.18 (2.72%)
After-hours: Jul 2, 2024, 7:39 PM EDT
LifeMD Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for LifeMD stock have an average target of 13.33, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 101.36% from the current stock price of 6.62.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LifeMD stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Initiates $12 | Buy | Initiates | $12 | +81.27% | Jun 5, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +81.27% | May 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +81.27% | May 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $13 → $15 | Buy | Maintains | $13 → $15 | +126.59% | May 9, 2024 |
| BTIG | BTIG | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +111.48% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
210.15M
from 152.55M
Increased by 37.76%
Revenue Next Year
263.70M
from 210.15M
Increased by 25.48%
EPS This Year
-0.27
from -0.70
EPS Next Year
0.04
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 219.4M | 282.1M | 310.1M |
| Avg | 210.2M | 263.7M | 301.2M |
| Low | 201.0M | 244.5M | 289.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 43.8% | 34.2% | 17.6% |
| Avg | 37.8% | 25.5% | 14.2% |
| Low | 31.8% | 16.4% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.23 | 0.30 |
| Avg | -0.27 | 0.04 |
| Low | -0.34 | -0.10 |
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.