Quanterix Corporation (QTRX)
NASDAQ: QTRX · IEX Real-Time Price · USD
14.40
-0.54 (-3.61%)
At close: Jul 19, 2024, 4:00 PM
14.42
+0.02 (0.14%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Quanterix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Quanterix stock have an average target of 30.33, with a low estimate of 25 and a high estimate of 34. The average target predicts an increase of 110.62% from the current stock price of 14.40.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for Quanterix stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +73.61% | Apr 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +122.22% | Mar 4, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +136.11% | Sep 28, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +136.11% | Sep 27, 2023 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades $25 → $32 | Hold → Strong Buy | Upgrades | $25 → $32 | +122.22% | Sep 25, 2023 |
Financial Forecast
Revenue This Year
144.93M
from 122.37M
Increased by 18.44%
Revenue Next Year
171.92M
from 144.93M
Increased by 18.62%
EPS This Year
-0.97
from -0.86
EPS Next Year
-0.86
from -0.97
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 152.7M | 187.8M | 231.6M | 240.9M | 279.7M |
| Avg | 144.9M | 171.9M | 208.0M | 234.0M | 271.7M |
| Low | 137.7M | 158.8M | 190.8M | 224.8M | 261.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.8% | 29.6% | 34.7% | 15.8% | 19.5% |
| Avg | 18.4% | 18.6% | 21.0% | 12.5% | 16.1% |
| Low | 12.5% | 9.5% | 11.0% | 8.1% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.85 | -0.65 | -0.32 |
| Avg | -0.97 | -0.86 | -0.55 |
| Low | -1.02 | -0.95 | -0.74 |
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.