Nemaura Medical Inc. (NMRD)
OTCMKTS: NMRD · Delayed Price · USD
0.0730
-0.0068 (-8.52%)
Apr 19, 2024, 10:50 AM EDT - Market open
Nemaura Medical Stock Forecast
NMRD's stock price has decreased by -91.54% 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 4,352.05% from the current stock price of 0.07.
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 | 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 Maintains $7 → $2.5 | Strong Buy | Maintains | $7 → $2.5 | +3,324.66% | Aug 21, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +5,379.45% | Jul 17, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +8,119.18% | Mar 30, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $6 | Strong Buy | Maintains | $6 | +8,119.18% | Feb 28, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +9,489.04% | 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.