Quanterix Corporation (QTRX)
NASDAQ: QTRX · Real-Time Price · USD
11.28
+0.26 (2.32%)
Nov 21, 2024, 1:38 PM EST - Market open
Quanterix Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Quanterix stock have an average target of 23.25, with a low estimate of 16 and a high estimate of 28. The average target predicts an increase of 106.21% from the current stock price of 11.28.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Quanterix stock from 4 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $14 → $16 | Hold | Maintains | $14 → $16 | +41.91% | Nov 13, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +148.34% | Aug 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +33.04% | Aug 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $35 → $24 | Strong Buy | Maintains | $35 → $24 | +112.86% | Jul 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +121.73% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
138.96M
from 122.37M
Increased by 13.56%
Revenue Next Year
161.87M
from 138.96M
Increased by 16.49%
EPS This Year
-0.99
from -0.86
EPS Next Year
-0.90
from -0.99
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 143.9M | 169.5M | 206.5M | ||
| Avg | 139.0M | 161.9M | 193.7M | ||
| Low | 133.2M | 152.9M | 182.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 22.0% | 27.6% | ||
| Avg | 13.6% | 16.5% | 19.7% | ||
| Low | 8.8% | 10.0% | 12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.89 | -0.76 | -0.47 |
| Avg | -0.99 | -0.90 | -0.61 |
| Low | -1.03 | -1.05 | -0.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.