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
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 | $15.00 | $11.98 | 25.16% | 14145.01% |
| Aug 08, 2022 | - | Morgan Stanley | $28.00 | $15.50 | 80.65% | 26490.69% |
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 |
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 | $0.11 | $21.50 | 19445.45% | Buy |
| SYRS | Syros Pharmaceuticals | $2.43 | $16.67 | 586.01% | Buy |
| IOVA | Iovance Biotherapeutics | $11.44 | $21.00 | 83.57% | Buy |
| TXG | 10x Genomics | $16.78 | $30.20 | 79.98% | Hold |
| MCRB | Seres Therapeutics | $0.81 | $1.25 | 54.32% | Buy |
| VCYT | Veracyte | $34.98 | $26.00 | -25.67% | 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%