Nemaura Medical Inc. (NMRD)
OTCMKTS: NMRD · Delayed Price · USD
0.105
+0.073 (229.06%)
Jul 18, 2024, 4:00 PM EDT - Market open
Nemaura Medical Stock Forecast
NMRD's stock price has decreased by -89.13% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Nemaura Medical stock have an average target of 3.25, with a low estimate of 2.50 and a high estimate of 4.00. The average target predicts an increase of 2,986.42% from the current stock price of 0.11.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 21, 2023.
Analyst Ratings
The average analyst rating for NMRD 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 | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 |
---|---|---|---|---|---|---|
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 Maintains $7 → $2.5 | Strong Buy | Maintains | $7 → $2.5 | +2,274.17% | Aug 21, 2023 |
EF Hutton | EF Hutton | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +3,698.67% | Jul 17, 2023 |
EF Hutton | EF Hutton | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +5,598.01% | Mar 30, 2023 |
EF Hutton | EF Hutton | Strong Buy Maintains $6 | Strong Buy | Maintains | $6 | +5,598.01% | Feb 28, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +6,547.67% | Feb 27, 2023 |
Financial Forecast
Revenue This Year
204.00K
from 77.04K
Increased by 164.78%
Revenue Next Year
1.43M
from 204.00K
Increased by 600.00%
EPS This Year
-0.33
from -1.01
EPS Next Year
-0.45
from -0.33
Revenue Forecast
Revenue | 2023 | 2024 |
---|---|---|
High | 210,000 | 1.5M |
Avg | 204,000 | 1.4M |
Low | 196,000 | 1.4M |
Revenue Growth
Revenue Growth | 2023 | 2024 |
---|---|---|
High | 172.6% | 620.6% |
Avg | 164.8% | 600.0% |
Low | 154.4% | 572.5% |
EPS Forecast
EPS | 2023 | 2024 |
---|---|---|
High | -0.34 | -0.46 |
Avg | -0.33 | -0.45 |
Low | -0.31 | -0.43 |
EPS Growth
EPS Growth | 2023 | 2024 |
---|---|---|
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.