Myomo, Inc. (MYO)
NYSEAMERICAN: MYO · Real-Time Price · USD
6.18
+0.09 (1.48%)
At close: Dec 20, 2024, 3:52 PM
6.14
-0.04 (-0.65%)
After-hours: Dec 20, 2024, 7:01 PM EST
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 33.50% from the current stock price of 6.18.
Analyst Consensus: Strong Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 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 | 3 | 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 | +45.63% | Dec 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +21.36% | Nov 13, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +45.63% | Nov 12, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.25 → $8.5 | Strong Buy | Maintains | $8.25 → $8.5 | +37.54% | Aug 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6.5 → $7.5 | Strong Buy | Maintains | $6.5 → $7.5 | +21.36% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
29.48M
from 19.24M
Increased by 53.19%
Revenue Next Year
40.97M
from 29.48M
Increased by 39.01%
EPS This Year
-0.19
from -0.28
EPS Next Year
-0.04
from -0.19
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 31.5M | 50.7M | 51.2M | |||
| Avg | 29.5M | 41.0M | 49.3M | |||
| Low | 26.7M | 30.4M | 47.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 63.9% | 72.1% | 25.0% | |||
| Avg | 53.2% | 39.0% | 20.3% | |||
| Low | 38.5% | 3.1% | 16.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.17 | 0.06 | 0.15 | |||
| Avg | -0.19 | -0.04 | 0.14 | |||
| Low | -0.22 | -0.20 | 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.