Vision Marine Technologies Inc. (VMAR)
NASDAQ: VMAR · IEX Real-Time Price · USD
0.541
-0.034 (-5.86%)
At close: Apr 24, 2024, 3:57 PM
0.575
+0.034 (6.27%)
After-hours: Apr 24, 2024, 5:39 PM EDT
VMAR Stock Forecast
VMAR's stock price has decreased by -85.78% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for VMAR stock have an average target of 5.25, with a low estimate of 4.50 and a high estimate of 6.00. The average target predicts an increase of 870.43% from the current stock price of 0.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 30, 2023.
Analyst Ratings
The average analyst rating for VMAR 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 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|
| Strong Buy | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ascendiant Capital | Ascendiant Capital | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | +731.79% | Oct 30, 2023 |
| Roth MKM | Roth MKM | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +1,009.06% | Jun 9, 2023 |
Financial Forecast
Revenue This Year
16.07M
from 5.65M
Increased by 184.26%
Revenue Next Year
34.32M
from 16.07M
Increased by 113.65%
EPS This Year
-0.93
from -2.25
EPS Next Year
-1.11
from -0.93
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 21.0M | 47.3M |
| Avg | 16.1M | 34.3M |
| Low | 11.3M | 21.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 271.6% | 194.1% |
| Avg | 184.3% | 113.7% |
| Low | 99.4% | 36.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.96 | -1.14 |
| Avg | -0.93 | -1.11 |
| Low | -0.89 | -1.07 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.