Myomo, Inc. (MYO)
NYSEAMERICAN: MYO · IEX Real-Time Price · USD
3.540
+0.100 (2.91%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Myomo Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Myomo stock have an average target of 4.25, with a low estimate of 2.00 and a high estimate of 6.50. The average target predicts an increase of 20.06% from the current stock price of 3.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 15, 2023.
Analyst Ratings
The average analyst rating for Myomo stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | +83.62% | Dec 15, 2023 |
| Maxim Group | Maxim Group | Strong Buy Initiates $2 | Strong Buy | Initiates | $2 | -43.50% | May 25, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $10 → $6.7 | Strong Buy | Maintains | $10 → $6.7 | +89.27% | Jul 8, 2022 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jun 10, 2021 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Nov 11, 2020 |
Financial Forecast
Revenue This Year
26.93M
from 19.24M
Increased by 39.98%
Revenue Next Year
35.37M
from 26.93M
Increased by 31.31%
EPS This Year
-0.22
from -0.28
EPS Next Year
-0.05
from -0.22
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 29.4M | 42.1M |
| Avg | 26.9M | 35.4M |
| Low | 25.5M | 29.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 52.7% | 56.2% |
| Avg | 40.0% | 31.3% |
| Low | 32.4% | 9.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.21 | - |
| Avg | -0.22 | -0.05 |
| Low | -0.24 | -0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.