HeartBeam (BEAT) Stock Forecast, Price Target & Predictions
BEAT Stock Forecast
HeartBeam stock forecast is as follows: an average price target of $10.00 (represents a 352.49% upside from BEAT’s last price of $2.21) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
BEAT Price Target
The average price target for HeartBeam (BEAT) is $10.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 352.49% upside from BEAT's last price of $2.21.
BEAT Analyst Ratings
According to 1 Wall Street analysts, HeartBeam's rating consensus is 'Buy'. The analyst rating breakdown for BEAT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
HeartBeam Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 02, 2022 | - | Industrial Alliance Securities | $10.00 | $4.31 | 132.17% | 352.49% |
The latest HeartBeam stock forecast, released on Dec 02, 2022 by Industrial Alliance Securities company, set a price target of $10.00, which represents a 132.17% increase from the stock price at the time of the forecast ($4.31), and a 352.49% increase from BEAT last price ($2.21).
HeartBeam Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.21 | $2.21 | $2.21 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of HeartBeam stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to HeartBeam's last price of $2.21. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 02, 2022 | Alliance Global Partners | - | Buy | Initialise |
HeartBeam's last stock rating was published by Alliance Global Partners on Dec 02, 2022. The company Initialise its BEAT rating from "null" to "Buy".
HeartBeam Financial Forecast
HeartBeam Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 22 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Jun 14 | Sep 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $113.03M | $103.98M | $94.50M | $55.88M | $48.64M | $43.44M | $42.65M | $31.87M | $27.05M | $34.00M | $31.82M | $35.72M |
| Avg Forecast | $4.40M | $3.40M | $2.60M | $2.00M | $1.50M | $1.10M | $800.00K | $500.00K | $3.48M | $2.67M | $100.00K | $50.00K | $37.50K | - | - | $250.00K | $40.00K | $90.53M | $108.01M | $101.50M | $71.18M | $55.88M | $24.32M | $14.48M | $21.32M | $5.31M | $29.50M | $57.12M | $40.65M | $35.72M |
| High Forecast | $4.40M | $3.40M | $2.60M | $2.00M | $1.50M | $1.10M | $800.00K | $500.00K | $3.48M | $2.67M | $100.00K | $50.00K | $37.50K | - | - | $250.00K | $40.00K | $108.63M | $129.61M | $121.80M | $85.42M | $67.06M | $29.18M | $17.37M | $25.59M | $6.37M | $35.40M | $68.54M | $48.78M | $42.86M |
| Low Forecast | $4.40M | $3.40M | $2.60M | $2.00M | $1.50M | $1.10M | $800.00K | $500.00K | $3.48M | $2.67M | $100.00K | $50.00K | $37.50K | - | - | $250.00K | $40.00K | $72.42M | $86.41M | $81.20M | $56.94M | $44.70M | $19.46M | $11.58M | $17.06M | $4.25M | $23.60M | $45.69M | $32.52M | $28.58M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 2 | 3 | 14 | 11 | 13 | 18 | 13 | 10 | 18 | 19 | 12 | 16 | 17 | 8 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.02% | 1.33% | 1.00% | 2.00% | 3.00% | 2.00% | 6.00% | 0.92% | 0.60% | 0.78% | 1.00% |
HeartBeam's average Quarter revenue forecast for Sep 22 based on 14 analysts is $90.53M, with a low forecast of $72.42M, and a high forecast of $108.63M. BEAT's average Quarter revenue forecast represents a -19.91% decrease compared to the company's last Quarter revenue of $113.03M (Mar 20).
HeartBeam EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 22 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Jun 14 | Sep 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 2 | 3 | 14 | 11 | 13 | 18 | 13 | 10 | 18 | 19 | 12 | 16 | 17 | 8 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.11M | $-3.61M | $24.93M | $22.11M | $17.56M | $3.04M | $7.38M | $3.03M | $-746.00K | $800.00K | $-1.51M | $1.73M | $-2.35M | $1.29M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.62M | $23.77M | $21.58M | $11.81M | $3.04M | $8.11M | $3.03M | $-820.60K | $2.88M | $-1.65M | $2.91M | $-3.01M | $857.33K |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.14M | $28.52M | $25.89M | $14.17M | $3.65M | $9.74M | $3.64M | $-656.48K | $3.46M | $-1.32M | $3.49M | $-2.40M | $1.03M |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.09M | $19.01M | $17.26M | $9.45M | $2.44M | $6.49M | $2.42M | $-984.72K | $2.30M | $-1.98M | $2.33M | $-3.61M | $685.87K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.20% | 1.05% | 1.03% | 1.49% | 1.00% | 0.91% | 1.00% | 0.91% | 0.28% | 0.92% | 0.60% | 0.78% | 1.50% |
14 analysts predict BEAT's average Quarter EBITDA for Sep 22 to be $17.62M, with a high of $21.14M and a low of $14.09M. This is -29.33% lower than HeartBeam's previous annual EBITDA (Mar 20) of $24.93M.
HeartBeam Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 22 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Jun 14 | Sep 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 2 | 3 | 14 | 11 | 13 | 18 | 13 | 10 | 18 | 19 | 12 | 16 | 17 | 8 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.88M | $-3.52M | $7.11M | $11.69M | $5.98M | $196.00K | $3.97M | $-69.00K | $-3.99M | $-2.96M | $-3.53M | $-1.55M | $-5.43M | $-722.00K |
| Avg Forecast | $-19.66M | $-4.78M | $-5.05M | $-4.78M | $-4.78M | $-4.78M | $-5.05M | $-4.78M | $-2.79M | $-2.92M | $-4.25M | $-4.25M | $-4.52M | $-4.52M | $-4.38M | $-3.99M | $-3.28M | $5.12M | $6.78M | $11.40M | $4.02M | $196.00K | $4.37M | $-69.00K | $-4.39M | $-10.64M | $-3.86M | $-2.61M | $-6.94M | $-481.33K |
| High Forecast | $-19.66M | $-4.78M | $-5.05M | $-4.78M | $-4.78M | $-4.78M | $-5.05M | $-4.78M | $-2.79M | $-2.92M | $-4.25M | $-4.25M | $-4.52M | $-4.52M | $-4.38M | $-3.99M | $-3.28M | $6.15M | $8.13M | $13.68M | $4.83M | $235.20K | $5.24M | $-55.20K | $-3.51M | $-8.51M | $-3.08M | $-2.09M | $-5.55M | $-385.07K |
| Low Forecast | $-19.66M | $-4.78M | $-5.05M | $-4.78M | $-4.78M | $-4.78M | $-5.05M | $-4.78M | $-2.79M | $-2.92M | $-4.25M | $-4.25M | $-4.52M | $-4.78M | $-4.38M | $-3.99M | $-3.28M | $4.10M | $5.42M | $9.12M | $3.22M | $156.80K | $3.49M | $-82.80K | $-5.26M | $-12.77M | $-4.63M | $-3.13M | $-8.33M | $-577.60K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | -0.69% | 1.05% | 1.02% | 1.49% | 1.00% | 0.91% | 1.00% | 0.91% | 0.28% | 0.92% | 0.60% | 0.78% | 1.50% |
HeartBeam's average Quarter net income forecast for Sep 22 is $5.12M, with a range of $4.10M to $6.15M. BEAT's average Quarter net income forecast represents a -27.96% decrease compared to the company's last Quarter net income of $7.11M (Mar 20).
HeartBeam SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 22 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Jun 14 | Sep 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 2 | 3 | 14 | 11 | 13 | 18 | 13 | 10 | 18 | 19 | 12 | 16 | 17 | 8 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.10M | $2.05M | $45.33M | $41.02M | $39.29M | $24.78M | $20.05M | $18.59M | $18.43M | $15.67M | $14.82M | $17.74M | $17.67M | $21.87M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.87M | $43.22M | $40.02M | $26.42M | $24.78M | $22.05M | - | $20.28M | - | $16.17M | $29.80M | $22.58M | $14.58M |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $40.65M | $51.86M | $48.02M | $31.70M | $29.73M | $26.46M | - | $24.33M | - | $19.41M | $35.76M | $27.10M | $17.50M |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.10M | $34.58M | $32.01M | $21.13M | $19.82M | $17.64M | - | $16.22M | - | $12.94M | $23.84M | $18.07M | $11.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.06% | 1.05% | 1.03% | 1.49% | 1.00% | 0.91% | - | 0.91% | - | 0.92% | 0.60% | 0.78% | 1.50% |
HeartBeam's average Quarter SG&A projection for Mar 24 is -, based on 2 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to BEAT last annual SG&A of $2.10M (Dec 23).
HeartBeam EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 22 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Jun 14 | Sep 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 2 | 3 | 14 | 11 | 13 | 18 | 13 | 10 | 18 | 19 | 12 | 16 | 17 | 8 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.15 | $-0.43 | $0.21 | $0.35 | $0.18 | $0.01 | $0.15 | $-0.00 | $-0.15 | $-0.12 | $-0.14 | $-0.06 | $-0.23 | $-0.03 |
| Avg Forecast | $-0.74 | $-0.18 | $-0.19 | $-0.18 | $-0.18 | $-0.18 | $-0.19 | $-0.18 | $-0.10 | $-0.11 | $-0.16 | $-0.16 | $-0.17 | $-0.17 | $-0.17 | $-0.15 | $-0.12 | $-0.32 | $0.41 | $0.40 | $0.15 | $0.16 | $0.11 | $0.02 | $0.01 | $-0.07 | $-0.12 | $-0.25 | $-0.23 | $0.02 |
| High Forecast | $-0.74 | $-0.18 | $-0.19 | $-0.18 | $-0.18 | $-0.18 | $-0.19 | $-0.18 | $-0.10 | $-0.11 | $-0.16 | $-0.16 | $-0.17 | $-0.17 | $-0.17 | $-0.15 | $-0.12 | $-0.32 | $0.49 | $0.48 | $0.19 | $0.19 | $0.13 | $0.02 | $0.01 | $-0.06 | $-0.10 | $-0.20 | $-0.18 | $0.02 |
| Low Forecast | $-0.74 | $-0.18 | $-0.19 | $-0.18 | $-0.18 | $-0.18 | $-0.19 | $-0.18 | $-0.10 | $-0.11 | $-0.16 | $-0.16 | $-0.17 | $-0.18 | $-0.17 | $-0.15 | $-0.12 | $-0.32 | $0.33 | $0.32 | $0.12 | $0.13 | $0.09 | $0.02 | $0.01 | $-0.09 | $-0.14 | $-0.30 | $-0.28 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.34% | 0.51% | 0.87% | 1.20% | 0.04% | 1.36% | -0.13% | -15.00% | 1.71% | 1.17% | 0.24% | 1.00% | -1.50% |
According to 14 Wall Street analysts, HeartBeam's projected average Quarter EPS for Sep 22 is $-0.32, with a low estimate of $-0.32 and a high estimate of $-0.32. This represents a -252.38% decrease compared to BEAT previous annual EPS of $0.21 (Mar 20).
BEAT Forecast FAQ
Is HeartBeam a good buy?
Yes, according to 1 Wall Street analysts, HeartBeam (BEAT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of BEAT's total ratings.
What is BEAT's price target?
HeartBeam (BEAT) average price target is $10 with a range of $10 to $10, implying a 352.49% from its last price of $2.21. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will HeartBeam stock go up soon?
According to Wall Street analysts' prediction for BEAT stock, the company can go up by 352.49% (from the last price of $2.21 to the average price target of $10), up by 352.49% based on the highest stock price target, and up by 352.49% based on the lowest stock price target.
Can HeartBeam stock reach $3?
BEAT's average twelve months analyst stock price target of $10 supports the claim that HeartBeam can reach $3 in the near future.
What are HeartBeam's analysts' financial forecasts?
HeartBeam's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.9M (high $3.9M, low $3.9M), average EBITDA is $0 (high $0, low $0), average net income is $-19.394M (high $-19.394M, low $-19.394M), average SG&A $0 (high $0, low $0), and average EPS is $-0.73 (high $-0.73, low $-0.73). BEAT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.4M (high $12.4M, low $12.4M), average EBITDA is $0 (high $0, low $0), average net income is $-34.271M (high $-34.271M, low $-34.271M), average SG&A $0 (high $0, low $0), and average EPS is $-1.29 (high $-1.29, low $-1.29).
Did the BEAT's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Mar 2020), HeartBeam's revenue was $113.03M, beating the average analysts' forecast of $108.01M by 4.65%. The company's EBITDA was $24.92M, beating the average prediction of $23.77M by 4.88%. HeartBeam's net income was $7.11M, beating the average estimation of $6.78M by 4.88%. The company's SG&A was $45.33M, beating the average forecast of $43.22M by 4.88%. Lastly, the company's EPS was $0.21, missing the average prediction of $0.41 by -48.78%