Surmodics, Inc. (SRDX)
NASDAQ: SRDX · Real-Time Price · USD
37.51
-0.29 (-0.77%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Surmodics Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Surmodics stock have an average target of 43, which predicts an increase of 14.64% from the current stock price of 37.51.
Analyst Consensus: Hold
* Price targets were last updated on May 29, 2024.
Analyst Ratings
The average analyst rating for Surmodics stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 5, 2024 |
| Barrington Research | Barrington Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | May 30, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $43 | Strong Buy → Hold | Downgrades | $43 | +14.64% | May 29, 2024 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $43 | Strong Buy → Hold | Downgrades | $43 | +14.64% | May 29, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 29, 2024 |
Financial Forecast
Revenue This Year
125.71M
from 132.58M
Decreased by -5.18%
Revenue Next Year
140.46M
from 125.71M
Increased by 11.73%
EPS This Year
-0.57
from -0.11
EPS Next Year
-0.48
from -0.57
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 129.7M | 148.4M | 176.4M |
| Avg | 125.7M | 140.5M | 157.1M |
| Low | 120.6M | 129.0M | 137.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.2% | 18.0% | 25.6% |
| Avg | -5.2% | 11.7% | 11.8% |
| Low | -9.0% | 2.6% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.49 | -0.47 | 0.91 |
| Avg | -0.57 | -0.48 | 0.27 |
| Low | -0.69 | -0.48 | -0.34 |
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.