Quanterix Corporation (QTRX)
NASDAQ: QTRX · IEX Real-Time Price · USD
15.59
-0.45 (-2.81%)
At close: Apr 25, 2024, 4:00 PM
13.99
-1.60 (-10.26%)
After-hours: Apr 25, 2024, 5:59 PM EDT
Quanterix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Quanterix stock have an average target of 32.67, with a low estimate of 32 and a high estimate of 34. The average target predicts an increase of 109.56% from the current stock price of 15.59.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 4, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +105.26% | Mar 4, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +118.09% | Sep 28, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $30 → $34 | Strong Buy | Maintains | $30 → $34 | +118.09% | Sep 27, 2023 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades $25 → $32 | Hold → Strong Buy | Upgrades | $25 → $32 | +105.26% | Sep 25, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $27 → $30 | Strong Buy | Maintains | $27 → $30 | +92.43% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
144.57M
from 122.37M
Increased by 18.14%
Revenue Next Year
170.36M
from 144.57M
Increased by 17.84%
EPS This Year
-1.03
from -0.86
EPS Next Year
-0.92
from -1.03
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 151.2M | 185.8M | 229.1M | 245.7M | 293.9M |
| Avg | 144.6M | 170.4M | 205.4M | 238.7M | 285.5M |
| Low | 137.2M | 158.8M | 186.3M | 229.3M | 274.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.6% | 28.5% | 34.5% | 19.6% | 23.1% |
| Avg | 18.1% | 17.8% | 20.5% | 16.2% | 19.6% |
| Low | 12.1% | 9.8% | 9.4% | 11.7% | 14.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.89 | -0.66 | -0.34 |
| Avg | -1.03 | -0.92 | -0.60 |
| Low | -1.11 | -1.15 | -0.76 |
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.