AVITA Medical, Inc. (RCEL)

NASDAQ: RCEL · Real-Time Price · USD
8.65
+0.11 (1.29%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.29%
Market Cap 228.64M
Revenue (ttm) 60.04M
Net Income (ttm) -57.32M
Shares Out 26.43M
EPS (ttm) -2.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 176,252
Open 8.70
Previous Close 8.54
Day's Range 8.55 - 8.78
52-Week Range 7.51 - 18.93
Beta 1.58
Analysts Buy
Price Target 18.00 (+108.09%)
Earnings Date Feb 13, 2025

About RCEL

AVITA Medical, Inc., together with its subsidiaries, operates as a regenerative medicine company in the United States and internationally. The company’s lead product is the RECELL System, a cell harvesting device used for the treatment of thermal burn wounds, full-thickness skin defects, and repigmentation of stable depigmented vitiligo lesions. It develops RECELL GO to control the manual process of disaggregation, filtration, and soak time. The company was formerly known as AVITA Therapeutics, Inc. AVITA Medical, Inc. was incorporated in 2020 ... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2020
Employees 207
Stock Exchange NASDAQ
Ticker Symbol RCEL
Full Company Profile

Financial Performance

In 2023, AVITA Medical's revenue was $50.14 million, an increase of 45.68% compared to the previous year's $34.42 million. Losses were -$35.38 million, 32.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for RCEL stock is "Buy." The 12-month stock price forecast is $18.0, which is an increase of 108.09% from the latest price.

Price Target
$18.0
(108.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Investors Burned By AVITA Medical's Sales Miss: I'm Even More Bullish

AVITA Medical's stock plummeted 36.4% after a significant Q4 sales miss, highlighting a pattern of guidance misses. Management's breakeven target shifted to Q4 2025. It also gave 2025 sales guidance o...

7 days ago - Seeking Alpha

AVITA Medical: A Dip Buy As 2025 Looks Bullish With Cohealyx And RECELL GO Mini

AVITA Medical: A Dip Buy As 2025 Looks Bullish With Cohealyx And RECELL GO Mini

10 days ago - Seeking Alpha

Avita Medical Cuts Annual Sales Forecast On Softer Demand From Hospitals

On Tuesday, Avita Medical, Inc. RCEL revised its revenue guidance for the fourth quarter and full year of 2024.

12 days ago - Benzinga

AVITA Medical, Quantum Computing And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Wednesday.

12 days ago - Benzinga

AVITA Medical's shares sink 19% after another forecast cut

AVITA Medical's Australia-listed shares sank nearly 19% on Wednesday, set for their worst day in 15 months, after the regenerative medicine firm cut its forecast for the fourth time in five quarters a...

12 days ago - Reuters

AVITA Medical Updates Expected Fourth Quarter and Full Year 2024 Revenue, Provides 2025 Financial Guidance

AVITA Medical expects fourth quarter 2024 commercial revenue of approximately $18.4 million, reflecting growth of around 30% over the same period in 2023.

13 days ago - GlobeNewsWire

AVITA Medical Just Tripled Its TAM In The Burn Market

AVITA Medical's Q3 report showed strong sequential sales growth and a lower burn rate. My confidence in it reaching breakeven by Q3 2025 has increased. The transition to RECELL GO has been highly succ...

18 days ago - Seeking Alpha

AVITA Medical Announces FDA Approval of RECELL GO mini, Optimizing Treatment for Smaller Wounds

VALENCIA, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

4 weeks ago - GlobeNewsWire

AVITA Medical Announces FDA 510(k) Clearance for Cohealyx, Expanding its Addressable Market

New collagen-based dermal matrix designed for tissue generation, complementary to RECELL and PermeaDerm Cohealyx expected to triple AVITA Medical's addressable market in burns VALENCIA, Calif., Dec. 1...

4 weeks ago - GlobeNewsWire

AVITA Medical to Present at the 43rd Annual J.P. Morgan Healthcare Conference

VALENCIA, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

4 weeks ago - GlobeNewsWire

AVITA Medical to Present at the Piper Sandler 36ᵗʰ Annual Healthcare Conference

VALENCIA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

2 months ago - GlobeNewsWire

AVITA Medical Announces Exclusive Distribution Agreement to Expand to Australia and New Zealand

VALENCIA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a company specializing in commercial-stage regenerative medicine and pioneering devices for wound care...

2 months ago - GlobeNewsWire

AVITA Medical, Inc. (RCEL) Q3 2024 Earnings Call Transcript

AVITA Medical, Inc. (NASDAQ:RCEL) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Jessica Ekeberg - Director, Investor Relations Jim Corbett - Chief Executive Office...

2 months ago - Seeking Alpha

AVITA Medical to Host Investor Webinar Briefing

VALENCIA, Calif., Nov. 08, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

2 months ago - GlobeNewsWire

AVITA Medical Reports Third Quarter Financial Results

VALENCIA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

2 months ago - GlobeNewsWire

AVITA Medical to Announce Third Quarter 2024 Financial Results

AVITA Medical announced that it will report its third quarter 2024 financial results after the close of the U.S. financial markets on November 7, 2024.

3 months ago - GlobeNewsWire

AVITA Medical Headed For Its Most Important Report, I'm Extremely Bullish

AVITA Medical's RECELL GO offers superior wound healing with less donor skin required, reducing scarring and infection risk. It has no direct competition. RECELL GO streamlines the skin grafting proce...

3 months ago - Seeking Alpha

AVITA Medical to Present at 2024 Cantor Global Healthcare Conference

VALENCIA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care man...

4 months ago - GlobeNewsWire

AVITA Medical to Participate in Lake Street's 8th Annual Best Ideas Growth (BIG8) Conference

VALENCIA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care man...

4 months ago - GlobeNewsWire

AVITA Medical: New Products, Same Old Cash Burn (Rating Downgrade)

RECELL GO's launch increased SG&A expenses, contributing to AVITA Medical, Inc.'s higher net losses in Q2 2024. Despite lowering its 2024 revenue guidance, AVITA Medical still anticipates significant ...

5 months ago - Seeking Alpha

AVITA Medical, Inc. (RCEL) Q2 2024 Earnings Call Transcript

AVITA Medical, Inc. (NASDAQ:RCEL) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jessica Ekeberg - Director, Investor Relations Jim Corbett - Chief Executive Officer ...

5 months ago - Seeking Alpha

AVITA Medical Reports Second Quarter Financial Results

AVITA Medical today reported second-quarter commercial revenue of $15.1 million, reflecting growth of over 29% over the same period in the prior year.

5 months ago - GlobeNewsWire

AVITA Medical to Announce Second Quarter 2024 Financial Results

VALENCIA, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

6 months ago - GlobeNewsWire

AVITA Medical Appoints Nicole Kelsey as Chief Legal and Compliance Officer, and Corporate Secretary

VALENCIA, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

7 months ago - GlobeNewsWire

AVITA Medical Achieves Milestone with First Case Using RECELL GO

VALENCIA, Calif., June 05, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

8 months ago - GlobeNewsWire