Myomo, Inc. (MYO)
NYSEAMERICAN: MYO · Real-Time Price · USD
4.810
-0.110 (-2.24%)
Nov 21, 2024, 2:13 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 7.75, with a low estimate of 7.00 and a high estimate of 9.00. The average target predicts an increase of 61.13% from the current stock price of 4.81.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 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 | 2 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +55.93% | Nov 13, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +87.11% | Nov 12, 2024 |
| Ascendiant Capital | Ascendiant Capital | Strong Buy Maintains $8.25 → $8.5 | Strong Buy | Maintains | $8.25 → $8.5 | +76.72% | Aug 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6.5 → $7.5 | Strong Buy | Maintains | $6.5 → $7.5 | +55.93% | Aug 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +45.53% | Jul 31, 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 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 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.