Myomo, Inc. (MYO)
NYSEAMERICAN: MYO · Real-Time Price · USD
6.30
-0.02 (-0.24%)
Feb 5, 2025, 3:34 PM EST - Market open
Myomo Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Myomo stock have an average target of 8.25, with a low estimate of 7.50 and a high estimate of 9.00. The average target predicts an increase of 31.06% from the current stock price of 6.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 13, 2024.
Analyst Ratings
The average analyst rating for Myomo 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $7 → $9 | Strong Buy | Maintains | $7 → $9 | +42.97% | Dec 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +19.14% | Nov 13, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +42.97% | Nov 12, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.25 → $8.5 | Strong Buy | Maintains | $8.25 → $8.5 | +35.03% | Aug 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6.5 → $7.5 | Strong Buy | Maintains | $6.5 → $7.5 | +19.14% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
30.60M
from 19.24M
Increased by 59.01%
Revenue Next Year
43.02M
from 30.60M
Increased by 40.60%
EPS This Year
-0.17
from -0.28
EPS Next Year
-0.06
from -0.17
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 32.0M | 50.2M | 52.6M | |||
| Avg | 30.6M | 43.0M | 50.6M | |||
| Low | 28.9M | 33.3M | 49.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 66.4% | 64.0% | 22.2% | |||
| Avg | 59.0% | 40.6% | 17.6% | |||
| Low | 50.3% | 8.9% | 14.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.17 | 0.05 | 0.15 | |||
| Avg | -0.17 | -0.06 | 0.14 | |||
| Low | -0.18 | -0.23 | 0.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.