Quanterix Corporation (QTRX)
NASDAQ: QTRX · Real-Time Price · USD
8.66
+0.23 (2.73%)
At close: Feb 5, 2025, 4:00 PM
8.60
-0.06 (-0.69%)
After-hours: Feb 5, 2025, 7:40 PM EST
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 168.48% from the current stock price of 8.66.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 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 | +84.76% | Nov 13, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $32 → $28 | Buy | Maintains | $32 → $28 | +223.33% | Aug 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +73.21% | Aug 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $35 → $24 | Strong Buy | Maintains | $35 → $24 | +177.14% | Jul 9, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +188.68% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
139.32M
from 122.37M
Increased by 13.85%
Revenue Next Year
160.79M
from 139.32M
Increased by 15.41%
EPS This Year
-0.95
from -0.75
EPS Next Year
-0.93
from -0.95
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 144.1M | 169.5M | 206.5M | |||
| Avg | 139.3M | 160.8M | 191.3M | |||
| Low | 132.8M | 148.7M | 173.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.7% | 21.7% | 28.4% | |||
| Avg | 13.9% | 15.4% | 19.0% | |||
| Low | 8.5% | 6.7% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.88 | -0.84 | -0.50 |
| Avg | -0.95 | -0.93 | -0.73 |
| Low | -0.97 | -1.04 | -0.79 |
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.