Quanterix Corporation (QTRX)
NASDAQ: QTRX · Real-Time Price · USD
10.50
+0.51 (5.11%)
Dec 20, 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 23.25, with a low estimate of 16 and a high estimate of 28. The average target predicts an increase of 121.43% from the current stock price of 10.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 13, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 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 | +52.38% | Nov 13, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +166.67% | Aug 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +42.86% | Aug 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $35 → $24 | Strong Buy | Maintains | $35 → $24 | +128.57% | Jul 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +138.10% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
139.36M
from 122.37M
Increased by 13.89%
Revenue Next Year
160.97M
from 139.36M
Increased by 15.51%
EPS This Year
-0.99
from -0.86
EPS Next Year
-0.91
from -0.99
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 143.9M | 169.0M | 199.9M | |||
| Avg | 139.4M | 161.0M | 190.1M | |||
| Low | 133.3M | 152.4M | 178.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.6% | 21.2% | 24.2% | |||
| Avg | 13.9% | 15.5% | 18.1% | |||
| Low | 9.0% | 9.3% | 10.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.92 | -0.82 | -0.55 |
| Avg | -0.99 | -0.91 | -0.66 |
| Low | -1.03 | -1.05 | -0.77 |
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.