RxSight, Inc. (RXST)
NASDAQ: RXST · IEX Real-Time Price · USD
52.83
-1.48 (-2.73%)
Apr 17, 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 51.14, with a low estimate of 29 and a high estimate of 64. The average target predicts a decrease of -3.20% from the current stock price of 52.83.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $64 | Strong Buy | Reiterates | $64 | +21.14% | Apr 11, 2024 |
| Stifel | Stifel | Strong Buy Maintains $54 → $64 | Strong Buy | Maintains | $54 → $64 | +21.14% | Feb 29, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $40 → $62 | Buy | Maintains | $40 → $62 | +17.36% | Feb 29, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $54 → $61 | Buy | Maintains | $54 → $61 | +15.46% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Maintains $53 → $64 | Strong Buy | Maintains | $53 → $64 | +21.14% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
134.19M
from 89.08M
Increased by 50.64%
Revenue Next Year
177.69M
from 134.19M
Increased by 32.42%
EPS This Year
-0.92
from -1.41
EPS Next Year
-0.72
from -0.92
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 138.7M | 190.9M | 236.2M |
| Avg | 134.2M | 177.7M | 213.4M |
| Low | 128.2M | 163.7M | 192.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 55.7% | 42.3% | 32.9% |
| Avg | 50.6% | 32.4% | 20.1% |
| Low | 43.9% | 22.0% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.35 | -0.45 | -0.28 |
| Avg | -0.92 | -0.72 | -0.59 |
| Low | -1.02 | -1.04 | -0.91 |
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.