Myomo, Inc. (MYO)
NYSEAMERICAN: MYO · IEX Real-Time Price · USD
2.810
-0.270 (-8.77%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Myomo Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Myomo stock has a target of 6.50, which predicts an increase of 131.32% from the current stock price of 2.81.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Myomo is "Strong Buy". This means that the analyst believes 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 | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6.5 | Strong Buy | Reiterates | $6.5 | +131.32% | May 9, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | +131.32% | Dec 15, 2023 |
| Maxim Group | Maxim Group | Strong Buy Initiates $2 | Strong Buy | Initiates | $2 | -28.83% | May 25, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $10 → $6.7 | Strong Buy | Maintains | $10 → $6.7 | +138.43% | Jul 8, 2022 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jun 10, 2021 |
Financial Forecast
Revenue This Year
27.20M
from 19.24M
Increased by 41.37%
Revenue Next Year
37.54M
from 27.20M
Increased by 38.01%
EPS This Year
-0.24
from -0.28
EPS Next Year
-0.04
from -0.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.5M | 47.4M | 44.5M | 52.1M | 59.8M |
| Avg | 27.2M | 37.5M | 42.8M | 50.1M | 57.5M |
| Low | 25.0M | 29.4M | 41.5M | 48.6M | 55.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.3% | 74.1% | 18.6% | 21.6% | 19.4% |
| Avg | 41.4% | 38.0% | 14.0% | 17.0% | 14.9% |
| Low | 29.9% | 8.1% | 10.7% | 13.5% | 11.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.19 | 0.02 | 0.13 | 0.26 | 0.39 |
| Avg | -0.24 | -0.04 | 0.12 | 0.25 | 0.37 |
| Low | -0.29 | -0.15 | 0.12 | 0.25 | 0.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 116.6% | 53.9% |
| Avg | - | - | - | 108.3% | 48.0% |
| Low | - | - | - | 102.1% | 43.6% |
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.