T2 Biosystems, Inc. (TTOO)
NASDAQ: TTOO · Real-Time Price · USD
0.453
-0.009 (-1.93%)
Nov 21, 2024, 10:55 AM EST - Market open
T2 Biosystems Stock Forecast
TTOO's stock price has decreased by -88.16% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for T2 Biosystems stock has a target of 5.00, which predicts an increase of 1,004.00% from the current stock price of 0.45.
Analyst Consensus: Hold
* Price targets were last updated on Jul 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for T2 Biosystems is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $3 → $5 | Hold | Maintains | $3 → $5 | +1,004.00% | Jul 30, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $12 → $3 | Hold | Maintains | $12 → $3 | +562.40% | Apr 29, 2024 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $12 → $7 | Hold | Maintains | $12 → $7 | +1,445.60% | Jul 13, 2023 |
| Alliance Global Partners | Alliance Global Partners | Hold Maintains $220 → $150 | Hold | Maintains | $220 → $150 | +33,019.89% | Jan 24, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $1,250 → $250 | Strong Buy → Hold | Downgrades | $1,250 → $250 | +55,099.82% | Oct 14, 2022 |
Financial Forecast
Revenue This Year
10.81M
from 7.19M
Increased by 50.31%
Revenue Next Year
23.56M
from 10.81M
Increased by 117.92%
EPS This Year
-3.16
from -19.19
EPS Next Year
-1.21
from -3.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.1M | 24.3M | 35.0M | ||
| Avg | 10.8M | 23.6M | 34.0M | ||
| Low | 10.4M | 22.6M | 32.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.7% | 124.3% | 48.4% | ||
| Avg | 50.3% | 117.9% | 44.2% | ||
| Low | 44.4% | 109.4% | 38.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.26 | -1.25 | -0.74 | ||
| Avg | -3.16 | -1.21 | -0.71 | ||
| Low | -3.04 | -1.17 | -0.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.