NanoString (NSTG) Stock Forecast, Price Target & Predictions

NSTG Stock Forecast

NanoString stock forecast is as follows: an average price target of $21.50 (represents a 20317.85% upside from NSTG’s last price of $0.11) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

NSTG Price Target

The average price target for NanoString (NSTG) is $21.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $15.00. This represents a potential 20317.85% upside from NSTG's last price of $0.11.

NSTG Analyst Ratings

Buy

According to 2 Wall Street analysts, NanoString's rating consensus is 'Buy'. The analyst rating breakdown for NSTG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

NanoString Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Feb 02, 2023		UBS	-	-	25.16%	14145.01%
Aug 08, 2022		Morgan Stanley	-	-	80.65%	26490.69%

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The latest NanoString stock forecast, released on Feb 02, 2023 by UBS company, set a price target of $15.00, which represents a 25.16% increase from the stock price at the time of the forecast ($11.98), and a 14145.01% increase from NSTG last price ($0.11).

NanoString Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$0.11	$0.11	$0.11
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of NanoString stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NanoString's last price of $0.11. 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
Feb 02, 2023	UBS		Buy	Initialise
Aug 08, 2022	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
May 11, 2022	Morgan Stanley	Equal-Weight	Equal-Weight	Hold

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NanoString's last stock rating was published by UBS on Feb 02, 2023. The company Initialise its NSTG rating from "null" to "Buy".

NanoString Financial Forecast

NanoString Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	$48.09M	$44.16M	$35.80M	$34.42M	$29.54M	$32.22M	$31.08M	$42.45M	$37.15M	$33.86M	$31.62M	$36.26M	$31.84M	$22.60M	$26.61M	$36.93M	$30.60M	$30.34M	$27.69M	$23.09M	$18.06M
Avg Forecast	$68.03M	$62.44M	$60.21M	$57.16M	$54.80M	$51.38M	$48.78M	$44.81M	$48.52M	$47.85M	$42.45M	$33.13M	$33.71M	$35.59M	$32.32M	$31.00M	$41.40M	$37.46M	$32.28M	$30.51M	$33.99M	$28.79M	$16.16M	$25.42M	$34.25M	$27.98M	$29.05M	$25.52M	$24.01M	$18.06M
High Forecast	$68.03M	$62.44M	$60.21M	$57.16M	$54.80M	$51.38M	$48.78M	$45.60M	$49.42M	$48.17M	$42.45M	$33.13M	$33.71M	$35.59M	$32.32M	$31.00M	$41.40M	$37.46M	$32.28M	$30.51M	$33.99M	$28.79M	$16.16M	$25.42M	$34.25M	$27.98M	$29.05M	$25.52M	$28.81M	$21.68M
Low Forecast	$68.03M	$62.44M	$60.21M	$57.16M	$54.80M	$51.38M	$48.78M	$44.02M	$46.93M	$47.53M	$42.45M	$33.13M	$33.71M	$35.59M	$32.32M	$31.00M	$41.40M	$37.46M	$32.28M	$30.51M	$33.99M	$28.79M	$16.16M	$25.42M	$34.25M	$27.98M	$29.05M	$25.52M	$19.21M	$14.45M
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	11	15	9	9	8	8	12	16	19	11
Surprise %	-	-	-	-	-	-	-	-	-	1.01%	1.04%	1.08%	1.02%	0.83%	1.00%	1.00%	1.03%	0.99%	1.05%	1.04%	1.07%	1.11%	1.40%	1.05%	1.08%	1.09%	1.04%	1.08%	0.96%	1.00%

NanoString's average Quarter revenue forecast for Dec 23 based on 2 analysts is $48.52M, with a low forecast of $46.93M, and a high forecast of $49.42M. NSTG's average Quarter revenue forecast represents a 0.90% increase compared to the company's last Quarter revenue of $48.09M (Sep 23).

NanoString EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	11	15	9	9	8	8	12	16	19	11
EBITDA	-	-	-	-	-	-	-	-	-	$-35.56M	$-42.89M	$-35.74M	$-42.23M	$-33.10M	$-35.21M	$-35.99M	$-25.78M	$-27.98M	$-23.63M	$-24.34M	$-17.26M	$-15.61M	$-21.35M	$-34.47M	$27.77M	$-19.02M	$-17.53M	$-18.24M	$-16.65M	$-16.49M
Avg Forecast	$-51.47M	$-47.24M	$-45.55M	$-43.24M	$-41.46M	$-38.87M	$-36.90M	$-29.42M	$-36.70M	$-36.20M	$-32.11M	$-23.25M	$-25.50M	$-26.93M	$-24.45M	$-18.38M	$-31.32M	$-28.34M	$-24.42M	$-20.73M	$-25.71M	$-21.78M	$-12.22M	$-17.36M	$-25.91M	$-21.17M	$-21.98M	$-15.51M	$-17.29M	$-16.49M
High Forecast	$-51.47M	$-47.24M	$-45.55M	$-43.24M	$-41.46M	$-38.87M	$-36.90M	$-23.53M	$-35.50M	$-35.95M	$-32.11M	$-18.60M	$-25.50M	$-26.93M	$-24.45M	$-14.71M	$-31.32M	$-28.34M	$-24.42M	$-16.59M	$-25.71M	$-21.78M	$-12.22M	$-13.89M	$-25.91M	$-21.17M	$-21.98M	$-12.41M	$-13.83M	$-13.19M
Low Forecast	$-51.47M	$-47.24M	$-45.55M	$-43.24M	$-41.46M	$-38.87M	$-36.90M	$-35.30M	$-37.38M	$-36.44M	$-32.11M	$-27.90M	$-25.50M	$-26.93M	$-24.45M	$-22.06M	$-31.32M	$-28.34M	$-24.42M	$-24.88M	$-25.71M	$-21.78M	$-12.22M	$-20.83M	$-25.91M	$-21.17M	$-21.98M	$-18.61M	$-20.75M	$-19.79M
Surprise %	-	-	-	-	-	-	-	-	-	0.98%	1.34%	1.54%	1.66%	1.23%	1.44%	1.96%	0.82%	0.99%	0.97%	1.17%	0.67%	0.72%	1.75%	1.99%	-1.07%	0.90%	0.80%	1.18%	0.96%	1.00%

9 analysts predict NSTG's average Quarter EBITDA for Mar 20 to be $-17.36M, with a high of $-13.89M and a low of $-20.83M. This is -162.49% lower than NanoString's previous annual EBITDA (Dec 19) of $27.77M.

NanoString Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	11	15	9	9	8	8	12	16	19	11
Net Income	-	-	-	-	-	-	-	-	-	$-37.41M	$-43.67M	$-41.24M	$-44.11M	$-36.69M	$-39.24M	$-39.50M	$-29.26M	$-31.26M	$-27.02M	$-27.71M	$-23.00M	$-21.32M	$-27.13M	$-38.62M	$23.99M	$-22.75M	$-20.04M	$-21.90M	$-19.20M	$-18.85M
Avg Forecast	$-15.98M	$-17.10M	$-18.39M	$-18.51M	$-14.54M	$-15.55M	$-18.60M	$-32.28M	$-30.16M	$-34.01M	$-34.06M	$-25.52M	$72.47M	$-24.24M	$-32.21M	$-20.17M	$-28.27M	$-26.12M	$-27.91M	$-23.61M	$-23.86M	$-31.45M	$-24.63M	$-19.45M	$-27.44M	$-25.71M	$-24.72M	$-18.61M	$-19.94M	$-18.85M
High Forecast	$-15.98M	$-17.10M	$-18.39M	$-18.51M	$-14.54M	$-15.55M	$-18.60M	$-25.83M	$-26.95M	$-34.01M	$-34.06M	$-20.42M	$86.96M	$-24.24M	$-32.21M	$-16.14M	$-28.27M	$-26.12M	$-27.91M	$-18.89M	$-23.86M	$-31.45M	$-24.63M	$-15.56M	$-27.44M	$-25.71M	$-24.72M	$-14.89M	$-15.95M	$-15.08M
Low Forecast	$-15.98M	$-17.10M	$-18.39M	$-18.51M	$-14.54M	$-15.55M	$-18.60M	$-38.74M	$-33.37M	$-34.01M	$-34.06M	$-30.62M	$57.98M	$-24.24M	$-32.21M	$-24.21M	$-28.27M	$-26.12M	$-27.91M	$-28.33M	$-23.86M	$-31.45M	$-24.63M	$-23.34M	$-27.44M	$-25.71M	$-24.72M	$-22.34M	$-23.93M	$-22.62M
Surprise %	-	-	-	-	-	-	-	-	-	1.10%	1.28%	1.62%	-0.61%	1.51%	1.22%	1.96%	1.04%	1.20%	0.97%	1.17%	0.96%	0.68%	1.10%	1.99%	-0.87%	0.88%	0.81%	1.18%	0.96%	1.00%

NanoString's average Quarter net income forecast for Mar 20 is $-19.45M, with a range of $-23.34M to $-15.56M. NSTG's average Quarter net income forecast represents a -181.08% decrease compared to the company's last Quarter net income of $23.99M (Dec 19).

NanoString SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	11	15	9	9	8	8	12	16	19	11
SG&A	-	-	-	-	-	-	-	-	-	$36.76M	$39.08M	$37.37M	$36.90M	$33.77M	$36.11M	$36.35M	$31.60M	$30.25M	$26.86M	$26.80M	$23.99M	$20.47M	$19.91M	$25.72M	$26.88M	$23.38M	$22.50M	$23.44M	$19.44M	$17.57M
Avg Forecast	$56.98M	$52.29M	$50.43M	$47.87M	$45.90M	$43.03M	$40.85M	$29.71M	$40.64M	$40.07M	$35.55M	$23.49M	$28.24M	$29.81M	$27.07M	$18.57M	$34.67M	$31.37M	$27.03M	$22.83M	$28.46M	$24.11M	$13.53M	$12.95M	$28.68M	$23.43M	$24.33M	$19.92M	$20.18M	$17.57M
High Forecast	$56.98M	$52.29M	$50.43M	$47.87M	$45.90M	$43.03M	$40.85M	$35.65M	$41.39M	$40.34M	$35.55M	$28.18M	$28.24M	$29.81M	$27.07M	$22.28M	$34.67M	$31.37M	$27.03M	$27.39M	$28.46M	$24.11M	$13.53M	$15.54M	$28.68M	$23.43M	$24.33M	$23.90M	$24.22M	$21.08M
Low Forecast	$56.98M	$52.29M	$50.43M	$47.87M	$45.90M	$43.03M	$40.85M	$23.77M	$39.30M	$39.80M	$35.55M	$18.79M	$28.24M	$29.81M	$27.07M	$14.85M	$34.67M	$31.37M	$27.03M	$18.26M	$28.46M	$24.11M	$13.53M	$10.36M	$28.68M	$23.43M	$24.33M	$15.94M	$16.15M	$14.05M
Surprise %	-	-	-	-	-	-	-	-	-	0.92%	1.10%	1.59%	1.31%	1.13%	1.33%	1.96%	0.91%	0.96%	0.99%	1.17%	0.84%	0.85%	1.47%	1.99%	0.94%	1.00%	0.92%	1.18%	0.96%	1.00%

NanoString's average Quarter SG&A projection for Dec 23 is $40.64M, based on 2 Wall Street analysts, with a range of $39.30M to $41.39M. The forecast indicates a 10.56% rise compared to NSTG last annual SG&A of $36.76M (Sep 23).

NanoString EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	11	15	9	9	8	8	12	16	19	11
EPS	-	-	-	-	-	-	-	-	-	$-0.78	$-0.92	$-0.88	$-0.95	$-0.79	$-0.85	$-0.86	$-0.64	$-0.69	$-0.60	$-0.62	$-0.53	$-0.56	$-0.72	$-1.04	$0.67	$-0.64	$-0.57	$-0.69	$-0.75	$-0.87
Avg Forecast	$-0.33	$-0.36	$-0.39	$-0.39	$-0.30	$-0.33	$-0.39	$-0.53	$-0.63	$-0.71	$-0.71	$-0.73	$-0.62	$-0.51	$-0.68	$-0.68	$-0.59	$-0.55	$-0.58	$-0.54	$-0.50	$-0.66	$-0.52	$-0.50	$-0.58	$-0.54	$-0.52	$-0.60	$-0.81	$-0.87
High Forecast	$-0.33	$-0.36	$-0.39	$-0.39	$-0.30	$-0.33	$-0.39	$-0.53	$-0.56	$-0.71	$-0.71	$-0.73	$-0.62	$-0.51	$-0.68	$-0.68	$-0.59	$-0.55	$-0.58	$-0.54	$-0.50	$-0.66	$-0.52	$-0.50	$-0.58	$-0.54	$-0.52	$-0.60	$-0.65	$-0.70
Low Forecast	$-0.33	$-0.36	$-0.39	$-0.39	$-0.30	$-0.33	$-0.39	$-0.53	$-0.70	$-0.71	$-0.71	$-0.73	$-0.62	$-0.51	$-0.68	$-0.68	$-0.59	$-0.55	$-0.58	$-0.54	$-0.50	$-0.66	$-0.52	$-0.50	$-0.58	$-0.54	$-0.52	$-0.60	$-0.97	$-1.04
Surprise %	-	-	-	-	-	-	-	-	-	1.09%	1.29%	1.21%	1.54%	1.56%	1.26%	1.26%	1.08%	1.26%	1.03%	1.16%	1.06%	0.85%	1.39%	2.07%	-1.17%	1.19%	1.10%	1.14%	0.93%	1.00%

According to 9 Wall Street analysts, NanoString's projected average Quarter EPS for Mar 20 is $-0.50, with a low estimate of $-0.50 and a high estimate of $-0.50. This represents a -174.89% decrease compared to NSTG previous annual EPS of $0.67 (Dec 19).

NanoString Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NSTG	NanoString	-	-	19445.45%	Buy
SYRS	Syros Pharmaceuticals	-	-	5648.28%	Buy
IOVA	Iovance Biotherapeutics	-	-	145.61%	Buy
TXG	10x Genomics	-	-	111.04%	Hold
MCRB	Seres Therapeutics	-	-	62.34%	Buy
VCYT	Veracyte	-	-	-11.59%	Buy

NSTG Forecast FAQ

Is NanoString a good buy?

Yes, according to 2 Wall Street analysts, NanoString (NSTG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of NSTG's total ratings.

What is NSTG's price target?

NanoString (NSTG) average price target is $21.5 with a range of $15 to $28, implying a 20317.85% from its last price of $0.105. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will NanoString stock go up soon?

According to Wall Street analysts' prediction for NSTG stock, the company can go up by 20317.85% (from the last price of $0.105 to the average price target of $21.5), up by 26490.69% based on the highest stock price target, and up by 14145.01% based on the lowest stock price target.

Can NanoString stock reach $0?

NSTG's average twelve months analyst stock price target of $21.5 supports the claim that NanoString can reach $0 in the near future.

What are NanoString's analysts' financial forecasts?

NanoString's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $199.77M (high $200.56M, low $198.97M), average EBITDA is $-147M (high $-141M, low $-153M), average net income is $-80.971M (high $-74.515M, low $-87.427M), average SG&A $159.49M (high $165.43M, low $153.55M), and average EPS is $-1.554 (high $-1.554, low $-1.554). NSTG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $247.84M (high $247.84M, low $247.84M), average EBITDA is $-187M (high $-187M, low $-187M), average net income is $-69.985M (high $-69.985M, low $-69.985M), average SG&A $207.57M (high $207.57M, low $207.57M), and average EPS is $-1.467 (high $-1.467, low $-1.467).

Did the NSTG's actual financial results beat the analysts' financial forecasts?

Based on NanoString's last annual report (Dec 2022), the company's revenue was $127.26M, which missed the average analysts forecast of $132.63M by -4.05%. Apple's EBITDA was $-152M, beating the average prediction of $-95.261M by 59.24%. The company's net income was $-160M, beating the average estimation of $-4.15M by 3744.07%. Apple's SG&A was $143.13M, beating the average forecast of $103.68M by 38.05%. Lastly, the company's EPS was $-3.44, beating the average prediction of $-2.478 by 38.82%. In terms of the last quarterly report (Sep 2023), NanoString's revenue was $48.09M, beating the average analysts' forecast of $47.85M by 0.50%. The company's EBITDA was $-35.563M, missing the average prediction of $-36.196M by -1.75%. NanoString's net income was $-37.411M, beating the average estimation of $-34.013M by 9.99%. The company's SG&A was $36.76M, missing the average forecast of $40.07M by -8.28%. Lastly, the company's EPS was $-0.78, beating the average prediction of $-0.713 by 9.42%