Surmodics, Inc. (SRDX)
NASDAQ: SRDX · IEX Real-Time Price · USD
26.07
-0.85 (-3.16%)
Apr 24, 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 59, with a low estimate of 47 and a high estimate of 71. The average target predicts an increase of 126.31% from the current stock price of 26.07.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Surmodics stock from 2 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $47 | Strong Buy | Reiterates | $47 | +80.28% | Apr 10, 2024 |
| Needham | Needham | Strong Buy Maintains $44 → $47 | Strong Buy | Maintains | $44 → $47 | +80.28% | Feb 1, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $69 → $71 | Buy | Maintains | $69 → $71 | +172.34% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $50 → $44 | Strong Buy | Maintains | $50 → $44 | +68.78% | Nov 8, 2023 |
| Needham | Needham | Strong Buy Reiterates $36 → $50 | Strong Buy | Reiterates | $36 → $50 | +91.79% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
122.07M
from 132.58M
Decreased by -7.93%
Revenue Next Year
138.92M
from 122.07M
Increased by 13.80%
EPS This Year
-0.96
from -0.11
EPS Next Year
-0.30
from -0.96
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 126.6M | 150.6M | 181.7M |
| Avg | 122.1M | 138.9M | 157.8M |
| Low | 115.8M | 125.6M | 133.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.5% | 23.3% | 30.8% |
| Avg | -7.9% | 13.8% | 13.6% |
| Low | -12.6% | 2.9% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.92 | 0.20 | 0.95 |
| Avg | -0.96 | -0.30 | 0.15 |
| Low | -1.01 | -0.75 | -0.60 |
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.