Modular Medical, Inc. (MODD)
NASDAQ: MODD · IEX Real-Time Price · USD
1.580
+0.010 (0.64%)
At close: Apr 24, 2024, 4:00 PM
1.710
+0.130 (8.23%)
After-hours: Apr 24, 2024, 4:50 PM EDT
Modular Medical Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Modular Medical stock have an average target of 4.25, with a low estimate of 3.50 and a high estimate of 5.00. The average target predicts an increase of 168.99% from the current stock price of 1.58.
Analyst Consensus: Buy
* Price targets were last updated on Mar 21, 2024.
Analyst Ratings
The average analyst rating for MODD stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Reiterates $5 | Buy | Reiterates | $5 | +216.46% | Mar 21, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $3.5 | Buy | Reiterates | $3.5 | +121.52% | Sep 19, 2023 |
| Benchmark | Benchmark | Buy Reiterates $5 | Buy | Reiterates | $5 | +216.46% | Jun 30, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $6 → $3.5 | Buy | Maintains | $6 → $3.5 | +121.52% | May 19, 2023 |
| Benchmark | Benchmark | Buy Maintains $8 → $5 | Buy | Maintains | $8 → $5 | +216.46% | Jan 30, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
1.22M
EPS This Year
-0.80
from -1.28
EPS Next Year
-0.74
from -0.80
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | n/a | 1.7M | 12.8M | 37.5M |
| Avg | n/a | 1.2M | 12.4M | 36.4M |
| Low | n/a | 784,000 | 12.0M | 35.0M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | - | 946.6% | 201.2% |
| Avg | - | - | 916.7% | 192.6% |
| Low | - | - | 876.8% | 181.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -0.76 | -0.69 | -0.71 | -0.71 |
| Avg | -0.80 | -0.74 | -0.69 | -0.69 |
| Low | -0.82 | -0.77 | -0.67 | -0.67 |
EPS Growth
| EPS Growth | 2023 | 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.