Tactile Systems Technology, Inc. (TCMD)
NASDAQ: TCMD · IEX Real-Time Price · USD
14.27
-0.77 (-5.12%)
At close: Apr 25, 2024, 4:00 PM
14.54
+0.27 (1.89%)
After-hours: Apr 25, 2024, 5:07 PM EDT
TCMD Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TCMD stock have an average target of 30, which predicts an increase of 110.23% from the current stock price of 14.27.
Analyst Consensus: Buy
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
The average analyst rating for TCMD stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $24 → $30 | Buy | Maintains | $24 → $30 | +110.23% | Aug 8, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $18 → $24 | Buy | Maintains | $18 → $24 | +68.19% | May 9, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +110.23% | May 9, 2023 |
| BTIG | BTIG | Strong Buy Maintains $27 → $28 | Strong Buy | Maintains | $27 → $28 | +96.22% | Apr 17, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $35 → $18 | Buy | Maintains | $35 → $18 | +26.14% | Aug 2, 2022 |
Financial Forecast
Revenue This Year
308.96M
from 274.42M
Increased by 12.59%
Revenue Next Year
350.26M
from 308.96M
Increased by 13.37%
EPS This Year
0.58
from 1.23
Decreased by -52.94%
EPS Next Year
0.95
from 0.58
Increased by 63.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 318.8M | 367.6M | 396.8M |
| Avg | 309.0M | 350.3M | 385.5M |
| Low | 296.5M | 332.9M | 370.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.2% | 19.0% | 13.3% |
| Avg | 12.6% | 13.4% | 10.0% |
| Low | 8.0% | 7.8% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.61 | 1.12 | 1.35 |
| Avg | 0.58 | 0.95 | 1.32 |
| Low | 0.55 | 0.82 | 1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -50.5% | 94.1% | 42.8% |
| Avg | -52.9% | 63.9% | 38.7% |
| Low | -55.4% | 42.2% | 33.3% |
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.