Sanara MedTech Inc. (SMTI)
NASDAQ: SMTI · IEX Real-Time Price · USD
30.15
+1.05 (3.61%)
At close: Jul 19, 2024, 4:00 PM
30.02
-0.13 (-0.43%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Sanara MedTech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Sanara MedTech stock have an average target of 51.5, with a low estimate of 44 and a high estimate of 59. The average target predicts an increase of 70.81% from the current stock price of 30.15.
Analyst Consensus: Buy
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for Sanara MedTech stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $44 | Buy | Reiterates | $44 | +45.94% | May 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $49 → $44 | Buy | Maintains | $49 → $44 | +45.94% | Mar 27, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $49 | Buy | Reiterates | $49 | +62.52% | Feb 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $59 → $49 | Buy | Maintains | $59 → $49 | +62.52% | Nov 15, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $59 | Buy | Reiterates | $59 | +95.69% | Sep 26, 2023 |
Financial Forecast
Revenue This Year
78.85M
from 64.99M
Increased by 21.32%
Revenue Next Year
90.37M
from 78.85M
Increased by 14.62%
EPS This Year
-0.81
from -0.52
EPS Next Year
-0.11
from -0.81
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 81.2M | 93.0M |
| Avg | 78.8M | 90.4M |
| Low | 75.8M | 86.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 24.9% | 18.0% |
| Avg | 21.3% | 14.6% |
| Low | 16.6% | 10.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.83 | -0.12 |
| Avg | -0.81 | -0.11 |
| Low | -0.77 | -0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.