LumiraDx (LMDX) Stock Forecast, Price Target & Predictions
LMDX Stock Forecast
LumiraDx stock forecast is as follows: an average price target of $1.50 (represents a 9900.00% upside from LMDX’s last price of $0.01) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
LMDX Price Target
The average price target for LumiraDx (LMDX) is $1.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $1.50 to $1.50. This represents a potential 9900.00% upside from LMDX's last price of $0.01.
LMDX Analyst Ratings
According to 1 Wall Street analysts, LumiraDx's rating consensus is 'Buy'. The analyst rating breakdown for LMDX 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%).
LumiraDx Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 07, 2023 | Andrew Cooper | Raymond James | $1.50 | $0.62 | 141.16% | 9900.00% |
The latest LumiraDx stock forecast, released on Apr 07, 2023 by Andrew Cooper from Raymond James, set a price target of $1.50, which represents a 141.16% increase from the stock price at the time of the forecast ($0.62), and a 9900.00% increase from LMDX last price ($0.01).
LumiraDx Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.01 | $0.01 | $0.01 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of LumiraDx stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to LumiraDx's last price of $0.01. 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 |
|---|---|---|---|---|
| Apr 07, 2023 | Raymond James | Outperform | Outperform | Hold |
| May 12, 2022 | Raymond James | Outperform | Outperform | Hold |
LumiraDx's last stock rating was published by Raymond James on Apr 07, 2023. The company gave LMDX a "Outperform" rating, the same as its previous rate.
LumiraDx Financial Forecast
LumiraDx Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $22.17M | $126.41M |
| Avg Forecast | $47.26M | $42.01M | $36.76M | $31.15M | $20.53M | $21.00M | $41.75M | $113.13M |
| High Forecast | $49.05M | $43.60M | $38.15M | $31.15M | $20.53M | $21.80M | $43.33M | $117.41M |
| Low Forecast | $45.73M | $40.65M | $35.57M | $31.15M | $20.53M | $20.33M | $40.40M | $109.47M |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - |
| Surprise % | - | - | - | - | - | - | 0.53% | 1.12% |
LumiraDx's average Quarter revenue forecast for Jun 23 based on 1 analysts is $21.00M, with a low forecast of $20.33M, and a high forecast of $21.80M. LMDX's average Quarter revenue forecast represents a -5.27% decrease compared to the company's last Quarter revenue of $22.17M (Mar 23).
LumiraDx EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - |
| EBITDA | - | - | - | - | - | - | $-20.84M | $-17.62M |
| Avg Forecast | $-32.40M | $-28.80M | $-25.20M | $-21.36M | $-14.08M | $-14.40M | $-28.63M | $-77.57M |
| High Forecast | $-33.63M | $-29.89M | $-26.16M | $-21.36M | $-14.08M | $-14.95M | $-29.71M | $-80.50M |
| Low Forecast | $-31.36M | $-27.87M | $-24.39M | $-21.36M | $-14.08M | $-13.94M | $-27.70M | $-75.06M |
| Surprise % | - | - | - | - | - | - | 0.73% | 0.23% |
undefined analysts predict LMDX's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than LumiraDx's previous annual EBITDA (undefined) of $NaN.
LumiraDx Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - |
| Net Income | - | - | - | - | - | - | $-44.12M | $-56.17M |
| Avg Forecast | $490.24M | $426.77M | $501.12M | $-19.13M | $-35.08M | $-47.83M | $-60.59M | $-19.13M |
| High Forecast | $392.19M | $341.42M | $400.89M | $-19.13M | $-35.08M | $-38.27M | $-48.47M | $-15.31M |
| Low Forecast | $588.28M | $512.13M | $601.34M | $-19.13M | $-35.08M | $-57.40M | $-72.70M | $-22.96M |
| Surprise % | - | - | - | - | - | - | 0.73% | 2.94% |
LumiraDx's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LMDX's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
LumiraDx SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - |
| SG&A | - | - | - | - | - | - | $25.98M | $40.16M |
| Avg Forecast | $26.10M | $23.20M | $20.30M | $17.20M | $11.34M | $11.60M | $23.06M | $62.48M |
| High Forecast | $27.09M | $24.08M | $21.07M | $17.20M | $11.34M | $12.04M | $23.93M | $64.84M |
| Low Forecast | $25.26M | $22.45M | $19.64M | $17.20M | $11.34M | $11.23M | $22.31M | $60.46M |
| Surprise % | - | - | - | - | - | - | 1.13% | 0.64% |
LumiraDx's average Quarter SG&A projection for Jun 23 is $11.60M, based on 1 Wall Street analysts, with a range of $11.23M to $12.04M. The forecast indicates a -55.34% fall compared to LMDX last annual SG&A of $25.98M (Mar 23).
LumiraDx EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - |
| EPS | - | - | - | - | - | - | $-0.14 | $-0.22 |
| Avg Forecast | $1.54 | $1.34 | $1.57 | $-0.06 | $-0.11 | $-0.15 | $-0.19 | $-0.06 |
| High Forecast | $1.23 | $1.07 | $1.26 | $-0.06 | $-0.11 | $-0.12 | $-0.15 | $-0.05 |
| Low Forecast | $1.84 | $1.61 | $1.89 | $-0.06 | $-0.11 | $-0.18 | $-0.23 | $-0.07 |
| Surprise % | - | - | - | - | - | - | 0.74% | 3.67% |
According to undefined Wall Street analysts, LumiraDx's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LMDX previous annual EPS of $NaN (undefined).