Ontrak, Inc. (OTRK)
NASDAQ: OTRK · IEX Real-Time Price · USD
0.335
-0.011 (-3.15%)
At close: Apr 24, 2024, 4:00 PM
0.322
-0.013 (-4.00%)
After-hours: Apr 24, 2024, 7:59 PM EDT
Ontrak Stock Forecast
OTRK's stock price has decreased by -87.3% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Ontrak stock has a target of 4.00, which predicts an increase of 1,092.96% from the current stock price of 0.34.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 5, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Ontrak is "Strong Buy". This means that the analyst believes 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 | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +1,092.96% | Dec 5, 2023 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $78 → $15 | Hold | Maintains | $78 → $15 | +4,373.61% | Mar 9, 2022 |
| RBC Capital | RBC Capital | Hold Maintains $66 → $12 | Hold | Maintains | $66 → $12 | +3,478.88% | Mar 9, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 20, 2021 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 16, 2021 |
Financial Forecast
Revenue This Year
19.14M
from 12.74M
Increased by 50.23%
Revenue Next Year
30.53M
from 19.14M
Increased by 59.48%
EPS This Year
-0.35
from -3.30
EPS Next Year
-0.14
from -0.35
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.7M | 31.4M | 44.5M | 63.1M | 89.5M |
| Avg | 19.1M | 30.5M | 43.3M | 61.3M | 87.0M |
| Low | 18.4M | 29.3M | 41.6M | 58.9M | 83.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.6% | 64.2% | 45.9% | 45.9% | 45.9% |
| Avg | 50.2% | 59.5% | 41.7% | 41.7% | 41.8% |
| Low | 44.3% | 53.2% | 36.2% | 36.2% | 36.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.36 | -0.15 | -0.03 | 0.08 | 0.21 |
| Avg | -0.35 | -0.14 | -0.03 | 0.08 | 0.20 |
| Low | -0.33 | -0.14 | -0.03 | 0.08 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 157.4% |
| Avg | - | - | - | - | 150.0% |
| Low | - | - | - | - | 140.2% |
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.