STAAR Surgical Company (STAA)
NASDAQ: STAA · IEX Real-Time Price · USD
42.50
-0.64 (-1.48%)
At close: Jul 19, 2024, 4:00 PM
42.51
+0.01 (0.02%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
STAAR Surgical Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for STAA stock have an average target of 47.88, with a low estimate of 37 and a high estimate of 57. The average target predicts an increase of 12.66% from the current stock price of 42.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for STAA stock from 10 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 | 1 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 7 | 6 | 7 | 7 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $46 → $53 | Strong Buy | Maintains | $46 → $53 | +24.71% | Jul 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $50 → $37 | Hold → Sell | Downgrades | $50 → $37 | -12.94% | Jul 15, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jul 15, 2024 |
| BTIG | BTIG | Hold → Strong Buy Upgrades $46 | Hold → Strong Buy | Upgrades | $46 | +8.24% | Jun 11, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 8, 2024 |
Financial Forecast
Revenue This Year
346.37M
from 322.42M
Increased by 7.43%
Revenue Next Year
402.12M
from 346.37M
Increased by 16.10%
EPS This Year
0.62
from 0.43
Increased by 44.66%
EPS Next Year
0.87
from 0.62
Increased by 40.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 359.6M | 425.2M | 530.9M | 588.0M | 699.3M |
| Avg | 346.4M | 402.1M | 476.9M | 563.1M | 656.9M |
| Low | 330.3M | 379.2M | 441.0M | 529.2M | 613.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.5% | 22.7% | 32.0% | 23.3% | 24.2% |
| Avg | 7.4% | 16.1% | 18.6% | 18.1% | 16.7% |
| Low | 2.4% | 9.5% | 9.7% | 11.0% | 8.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.78 | 1.20 | 1.53 | 1.85 | 2.22 |
| Avg | 0.62 | 0.87 | 1.27 | 1.63 | 1.97 |
| Low | 0.34 | 0.61 | 0.89 | 1.37 | 1.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 80.5% | 93.6% | 76.0% | 45.8% | 35.8% |
| Avg | 44.7% | 40.0% | 45.5% | 28.8% | 20.6% |
| Low | -20.2% | -2.3% | 2.4% | 8.3% | 1.5% |
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.