Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · Real-Time Price · USD
16.36
+0.18 (1.11%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Orthofix Medical Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Orthofix Medical stock has a target of 20, which predicts an increase of 22.25% from the current stock price of 16.36.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $20 $20 $20
Change +22.25% +22.25% +22.25% +22.25%
* Price targets were last updated on May 8, 2024.

Analyst Ratings

The average analyst rating for OFIX stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000000
Hold 333331
Sell 000000
Strong Sell 000000
Total 444442

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Upgrades
$15$20
Strong Buy Upgrades $15$20 +22.25% May 8, 2024
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Apr 22, 2024
Roth MKM
Roth MKM
Hold
Maintains
$12$15
Hold Maintains $12$15 -8.31% Mar 7, 2024
Roth MKM
Roth MKM
Hold
Initiates
$12
Hold Initiates $12 -26.65% Oct 20, 2023
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
812.97M
from 746.64M
Increased by 8.88%
Revenue Next Year
864.17M
from 812.97M
Increased by 6.30%
EPS This Year
-0.23
from -4.12
EPS Next Year
-0.10
from -0.23
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
459.96M406.56M464.48M460.71M746.64M812.97M864.17M919.73M
Revenue Growth
1.53%-11.61%14.25%-0.81%62.06%8.88%6.30%6.43%
EPS
-1.510.13-1.95-0.98-4.12-0.23-0.100.17
EPS Growth
--------
Forward PE
-------97.21
No. Analysts -----776
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 837.6M 894.4M 957.2M
Avg 813.0M 864.2M 919.7M
Low 780.1M 827.8M 876.2M

Revenue Growth

Revenue Growth 202420252026
High
12.2%
10.0%
10.8%
Avg
8.9%
6.3%
6.4%
Low
4.5%
1.8%
1.4%

EPS Forecast

EPS 202420252026
High -0.08 0.06 0.24
Avg -0.23 -0.10 0.17
Low -0.31 -0.23 0.10

EPS Growth

EPS Growth 202420252026
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.