RxSight, Inc. (RXST)
NASDAQ: RXST · IEX Real-Time Price · USD
57.04
+0.24 (0.42%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RxSight Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for RxSight stock have an average target of 64.71, with a low estimate of 36 and a high estimate of 75. The average target predicts an increase of 13.45% from the current stock price of 57.04.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for RxSight stock from 7 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $61 → $68 | Buy | Maintains | $61 → $68 | +19.21% | May 7, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $61 → $72 | Buy | Maintains | $61 → $72 | +26.23% | May 7, 2024 |
| Needham | Needham | Strong Buy Maintains $64 → $75 | Strong Buy | Maintains | $64 → $75 | +31.49% | May 7, 2024 |
| BTIG | BTIG | Strong Buy Maintains $61 → $72 | Strong Buy | Maintains | $61 → $72 | +26.23% | May 7, 2024 |
| Stifel | Stifel | Strong Buy Maintains $64 → $68 | Strong Buy | Maintains | $64 → $68 | +19.21% | May 6, 2024 |
Financial Forecast
Revenue This Year
137.77M
from 89.08M
Increased by 54.66%
Revenue Next Year
183.56M
from 137.77M
Increased by 33.24%
EPS This Year
-0.77
from -1.41
EPS Next Year
-0.50
from -0.77
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 142.6M | 202.5M | 267.1M | 270.2M | 303.0M |
| Avg | 137.8M | 183.6M | 226.3M | 259.6M | 294.4M |
| Low | 131.6M | 164.6M | 193.1M | 246.7M | 282.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.1% | 47.0% | 45.5% | 19.4% | 16.7% |
| Avg | 54.7% | 33.2% | 23.3% | 14.7% | 13.4% |
| Low | 47.7% | 19.5% | 5.2% | 9.0% | 9.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.35 | -0.33 | 0.89 | 0.95 |
| Avg | -0.77 | -0.50 | -0.06 | 0.92 |
| Low | -0.84 | -0.73 | -0.60 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.