OptimizeRx Corporation (OPRX)
NASDAQ: OPRX · IEX Real-Time Price · USD
9.16
+0.22 (2.46%)
At close: Apr 24, 2024, 4:00 PM
9.24
+0.08 (0.87%)
After-hours: Apr 24, 2024, 7:35 PM EDT
OptimizeRx Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for OptimizeRx stock have an average target of 15.86, with a low estimate of 13 and a high estimate of 20. The average target predicts an increase of 73.14% from the current stock price of 9.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for OptimizeRx stock from 7 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 | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $15 | Buy | Reiterates | $15 | +63.76% | Apr 16, 2024 |
| JMP Securities | JMP Securities | Buy Initiates $15 | Buy | Initiates | $15 | +63.76% | Apr 4, 2024 |
| Stifel | Stifel | Strong Buy Maintains $13 | Strong Buy | Maintains | $13 | +41.92% | Apr 1, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $17 | Buy | Reiterates | $17 | +85.59% | Apr 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +85.59% | Jan 10, 2024 |
Financial Forecast
Revenue This Year
108.24M
from 71.52M
Increased by 51.34%
Revenue Next Year
118.44M
from 108.24M
Increased by 9.42%
EPS This Year
0.32
from -1.03
EPS Next Year
0.50
from 0.32
Increased by 53.14%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 117.6M | 130.2M |
| Avg | 108.2M | 118.4M |
| Low | 98.0M | 107.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 64.4% | 20.3% |
| Avg | 51.3% | 9.4% |
| Low | 37.0% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.43 | 0.60 |
| Avg | 0.32 | 0.50 |
| Low | 0.27 | 0.38 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 84.3% |
| Avg | - | 53.1% |
| Low | - | 17.7% |
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.