Surmodics, Inc. (SRDX)
NASDAQ: SRDX · IEX Real-Time Price · USD
41.66
-0.13 (-0.31%)
At close: Jul 19, 2024, 4:00 PM
41.55
-0.11 (-0.26%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

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 3.22% from the current stock price of 41.66.

Analyst Consensus: Hold
Target Low Average Median High
Price $43 $43 $43 $43
Change +3.22% +3.22% +3.22% +3.22%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111000
Buy 111000
Hold 000444
Sell 000000
Strong Sell 000000
Total 222444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barrington Research
Barrington Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a May 30, 2024
Lake Street
Lake Street
Hold
Downgrades
$43
Hold Downgrades $43 +3.22% May 29, 2024
Sidoti & Co.
Sidoti & Co.
Hold
Downgrades
$43
Hold Downgrades $43 +3.22% May 29, 2024
Needham
Needham
Hold
Downgrades
n/a
Hold Downgrades n/a n/a May 29, 2024
Barrington Research
Barrington Research
Buy
Maintains
$71
Buy Maintains $71 +70.43% May 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
125.39M
from 132.58M
Decreased by -5.43%
Revenue Next Year
140.28M
from 125.39M
Increased by 11.87%
EPS This Year
-0.57
from -0.11
EPS Next Year
-0.49
from -0.57
Year 20192020202120222023202420252026
Revenue
100.08M94.86M105.14M99.95M132.58M125.39M140.28M157.31M
Revenue Growth
23.04%-5.21%10.83%-4.93%32.65%-5.43%11.87%12.14%
EPS
0.550.080.30-1.96-0.11-0.57-0.490.27
EPS Growth
--85.45%275.00%-----
Forward PE
-------152.97
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 129.7M 148.6M 176.9M
Avg 125.4M 140.3M 157.3M
Low 119.9M 128.8M 137.2M

Revenue Growth

Revenue Growth 202420252026
High
-2.2%
18.5%
26.1%
Avg
-5.4%
11.9%
12.1%
Low
-9.6%
2.7%
-2.2%

EPS Forecast

EPS 202420252026
High -0.55 -0.49 0.92
Avg -0.57 -0.49 0.27
Low -0.61 -0.49 -0.34

EPS Growth

EPS Growth 202420252026
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.