Quanterix Corporation (QTRX)
NASDAQ: QTRX · Real-Time Price · USD
13.85
+0.42 (3.13%)
Nov 4, 2024, 4:00 PM EST - Market closed
Quanterix Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Quanterix stock have an average target of 23, with a low estimate of 15 and a high estimate of 28. The average target predicts an increase of 66.06% from the current stock price of 13.85.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 12, 2024.
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 |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +102.17% | Aug 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +8.30% | Aug 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $35 → $24 | Strong Buy | Maintains | $35 → $24 | +73.29% | Jul 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +80.51% | Apr 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +131.05% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
138.96M
from 122.37M
Increased by 13.56%
Revenue Next Year
162.04M
from 138.96M
Increased by 16.61%
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 | 162.0M | 195.2M | ||
| Low | 133.2M | 152.9M | 183.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 22.0% | 27.4% | ||
| Avg | 13.6% | 16.6% | 20.5% | ||
| Low | 8.8% | 10.0% | 13.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.89 | -0.76 | -0.47 |
| Avg | -0.99 | -0.90 | -0.63 |
| Low | -1.03 | -1.05 | -0.81 |
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.