Tactile Systems Technology, Inc. (TCMD)
NASDAQ: TCMD · IEX Real-Time Price · USD
12.38
+0.07 (0.57%)
At close: Jul 19, 2024, 4:00 PM
12.39
+0.01 (0.08%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
TCMD Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TCMD stock has a target of 30, which predicts an increase of 142.33% from the current stock price of 12.38.
Analyst Consensus: Buy
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for TCMD is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $24 → $30 | Buy | Maintains | $24 → $30 | +142.33% | Aug 8, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $18 → $24 | Buy | Maintains | $18 → $24 | +93.86% | May 9, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +142.33% | May 9, 2023 |
| BTIG | BTIG | Strong Buy Maintains $27 → $28 | Strong Buy | Maintains | $27 → $28 | +126.17% | Apr 17, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $35 → $18 | Buy | Maintains | $35 → $18 | +45.40% | Aug 2, 2022 |
Financial Forecast
Revenue This Year
309.01M
from 274.42M
Increased by 12.60%
Revenue Next Year
347.98M
from 309.01M
Increased by 12.61%
EPS This Year
0.58
from 1.23
Decreased by -52.46%
EPS Next Year
0.90
from 0.58
Increased by 53.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 318.6M | 361.6M | 403.8M |
| Avg | 309.0M | 348.0M | 388.7M |
| Low | 296.5M | 332.6M | 370.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.1% | 17.0% | 16.0% |
| Avg | 12.6% | 12.6% | 11.7% |
| Low | 8.0% | 7.6% | 6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.64 | 1.14 | 1.45 |
| Avg | 0.58 | 0.90 | 1.35 |
| Low | 0.52 | 0.67 | 1.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -47.9% | 95.7% | 61.0% |
| Avg | -52.5% | 53.9% | 50.1% |
| Low | -57.8% | 14.0% | 38.3% |
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.