Profound Medical (PROF) Stock Forecast, Price Target & Predictions


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PROF Stock Forecast


Profound Medical stock forecast is as follows: an average price target of $15.17 (represents a 117.34% upside from PROF’s last price of $6.98) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

PROF Price Target


The average price target for Profound Medical (PROF) is $15.17 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $12.00. This represents a potential 117.34% upside from PROF's last price of $6.98.

PROF Analyst Ratings


Buy

According to 2 Wall Street analysts, Profound Medical's rating consensus is 'Buy'. The analyst rating breakdown for PROF stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Profound Medical Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 02, 2024Ben HaynorLoop Capital Markets$17.00$8.03111.84%143.55%
Jul 23, 2024Ben HaynorLake Street$16.50$10.2860.47%136.39%
Jul 15, 2024Rick WiseStifel Nicolaus$12.00$9.1531.15%71.92%

The latest Profound Medical stock forecast, released on Dec 02, 2024 by Ben Haynor from Loop Capital Markets, set a price target of $17.00, which represents a 111.84% increase from the stock price at the time of the forecast ($8.03), and a 143.55% increase from PROF last price ($6.98).

Profound Medical Price Target by Period


1M3M12M
# Anlaysts113
Avg Price Target$17.00$17.00$15.17
Last Closing Price$6.98$6.98$6.98
Upside/Downside143.55%143.55%117.34%

In the current month, the average price target of Profound Medical stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 143.55% increase as opposed to Profound Medical's last price of $6.98. This month's average price target is down 0.00% compared to last quarter, and up 12.06% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 02, 2024Lake StreetBuyBuyHold
Jan 06, 2023Lake StreetBuyBuyHold
Feb 22, 2022Raymond JamesOutperformDowngrade

Profound Medical's last stock rating was published by Lake Street on Dec 02, 2024. The company gave PROF a "Buy" rating, the same as its previous rate.

Profound Medical Financial Forecast


Profound Medical Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------------$1.86M$1.26M$2.04M$2.02M$1.36M$998.00K$2.54M$2.63M$711.00K$2.85M$2.23M$1.04M$1.10M$2.17M$515.35K
Avg Forecast$22.90M$21.00M$18.00M$16.40M$9.73M$7.93M$5.67M$4.80M$4.22M$3.00M$2.64M$2.44M$1.97M$2.20M$2.13M$2.12M$2.67M$2.41M$2.02M$1.76M$2.79M$3.57M$2.20M$2.48M$2.31M$1.71M$737.22K$892.29K$2.08M$1.16M
High Forecast$28.69M$26.31M$22.55M$20.54M$12.19M$9.94M$7.10M$6.24M$4.27M$3.76M$3.31M$3.05M$2.47M$2.75M$2.67M$2.65M$3.35M$2.41M$2.02M$1.76M$2.79M$3.57M$2.20M$2.48M$2.31M$1.71M$737.22K$892.29K$2.08M$1.16M
Low Forecast$18.51M$16.97M$14.55M$13.25M$7.87M$6.41M$4.58M$3.36M$4.18M$2.43M$2.13M$1.97M$1.59M$1.78M$1.72M$1.71M$2.16M$2.41M$2.02M$1.76M$2.79M$3.57M$2.20M$2.48M$2.31M$1.71M$737.22K$892.29K$2.08M$1.16M
# Analysts111111123222522213334444464474
Surprise %---------------0.88%0.47%0.84%1.00%0.78%0.36%0.71%1.20%0.29%1.24%1.30%1.41%1.23%1.04%0.44%

Profound Medical's average Quarter revenue forecast for Jun 23 based on 2 analysts is $2.13M, with a low forecast of $1.72M, and a high forecast of $2.67M. PROF's average Quarter revenue forecast represents a 14.69% increase compared to the company's last Quarter revenue of $1.86M (Mar 23).

Profound Medical EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123222522213334444464474
EBITDA---------------$-6.22M$-5.52M$-7.61M$-7.04M$-6.74M$-10.05M$-5.43M$-6.49M$-7.03M$-7.35M$-5.47M$-4.82M$-1.63M$-3.35M$-4.08M
Avg Forecast$-22.90M$-21.00M$-18.00M$-16.40M$-9.73M$-7.93M$-5.67M$-4.80M$-4.22M$-3.00M$-2.64M$-2.44M$-1.97M$-2.20M$-2.13M$-2.12M$-2.67M$-2.41M$-2.02M$-8.23M$-2.79M$-3.57M$-2.20M$-4.42M$-2.31M$-1.71M$-737.22K$-2.02M$-2.08M$-1.16M
High Forecast$-18.51M$-16.97M$-14.55M$-13.25M$-7.87M$-6.41M$-4.58M$-3.36M$-4.18M$-2.43M$-2.13M$-1.97M$-1.59M$-1.78M$-1.72M$-1.71M$-2.16M$-2.41M$-2.02M$-6.58M$-2.79M$-3.57M$-2.20M$-3.54M$-2.31M$-1.71M$-737.22K$-1.62M$-2.08M$-1.16M
Low Forecast$-28.69M$-26.31M$-22.55M$-20.54M$-12.19M$-9.94M$-7.10M$-6.24M$-4.27M$-3.76M$-3.31M$-3.05M$-2.47M$-2.75M$-2.67M$-2.65M$-3.35M$-2.41M$-2.02M$-9.87M$-2.79M$-3.57M$-2.20M$-5.31M$-2.31M$-1.71M$-737.22K$-2.43M$-2.08M$-1.16M
Surprise %---------------2.94%2.06%3.15%3.49%0.82%3.60%1.52%2.96%1.59%3.18%3.20%6.54%0.80%1.61%3.51%

undefined analysts predict PROF's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Profound Medical's previous annual EBITDA (undefined) of $NaN.

Profound Medical Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123222522213334444464474
Net Income---------------$-6.74M$-9.53M$-5.00M$-5.93M$-8.21M$-10.16M$-6.00M$-7.04M$-7.50M$-7.36M$-6.08M$-5.38M$-2.54M$-4.10M$-4.74M
Avg Forecast----$-6.91M$-7.68M$-8.55M$-9.32M$-10.52M$-9.99M$-9.49M$-9.95M$-10.20M$-11.30M$-11.47M$-11.78M$-12.34M$-12.70M$-12.47M$-8.79M$-11.06M$-8.99M$-8.87M$-4.72M$-9.32M$-7.96M$-7.56M$-3.16M$-14.14M$-12.03M
High Forecast----$-5.19M$-5.76M$-6.42M$-8.68M$-9.17M$-7.50M$-7.13M$-7.47M$-8.38M$-8.48M$-8.61M$-8.84M$-9.27M$-12.70M$-12.47M$-7.03M$-11.06M$-8.99M$-8.87M$-3.78M$-9.32M$-7.96M$-7.56M$-2.53M$-14.14M$-12.03M
Low Forecast----$-9.18M$-10.20M$-11.36M$-9.64M$-11.86M$-13.27M$-12.61M$-13.22M$-11.66M$-15.01M$-15.23M$-15.64M$-16.40M$-12.70M$-12.47M$-10.55M$-11.06M$-8.99M$-8.87M$-5.67M$-9.32M$-7.96M$-7.56M$-3.79M$-14.14M$-12.03M
Surprise %---------------0.57%0.77%0.39%0.48%0.93%0.92%0.67%0.79%1.59%0.79%0.76%0.71%0.80%0.29%0.39%

Profound Medical's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. PROF's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Profound Medical SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123222522213334444464474
SG&A---------------$4.21M$3.77M$4.59M$5.03M$4.55M$5.53M$4.54M$4.18M$3.72M$3.45M$3.03M$2.67M$3.04M$2.99M$2.21M
Avg Forecast$52.58M$48.21M$41.33M$37.65M$22.35M$18.21M$13.01M$11.02M$9.70M$6.90M$6.06M$5.60M$4.52M$5.05M$4.90M$4.86M$6.14M$5.54M$4.63M$4.03M$6.40M$8.19M$5.04M$2.34M$5.30M$3.93M$1.69M$2.05M$4.78M$2.67M
High Forecast$65.86M$60.39M$51.77M$47.17M$27.99M$22.82M$16.30M$14.33M$9.81M$8.64M$7.59M$7.01M$5.67M$6.32M$6.14M$6.09M$7.69M$5.54M$4.63M$4.03M$6.40M$8.19M$5.04M$2.81M$5.30M$3.93M$1.69M$2.05M$4.78M$2.67M
Low Forecast$42.49M$38.97M$33.40M$30.43M$18.06M$14.72M$10.51M$7.71M$9.59M$5.58M$4.90M$4.52M$3.66M$4.08M$3.96M$3.93M$4.96M$5.54M$4.63M$4.03M$6.40M$8.19M$5.04M$1.87M$5.30M$3.93M$1.69M$2.05M$4.78M$2.67M
Surprise %---------------0.87%0.61%0.83%1.09%1.13%0.86%0.55%0.83%1.59%0.65%0.77%1.58%1.48%0.62%0.83%

Profound Medical's average Quarter SG&A projection for Jun 23 is $4.90M, based on 2 Wall Street analysts, with a range of $3.96M to $6.14M. The forecast indicates a 16.31% rise compared to PROF last annual SG&A of $4.21M (Mar 23).

Profound Medical EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123222522213334444464474
EPS---------------$-0.32$-0.46$-0.24$-0.29$-0.40$-0.50$-0.29$-0.35$-0.37$-0.39$-0.32$-0.34$-0.18$-0.28$-0.43
Avg Forecast----$-0.28$-0.31$-0.35$-0.38$-0.43$-0.41$-0.39$-0.40$-0.41$-0.46$-0.47$-0.48$-0.50$-0.52$-0.51$-0.56$-0.45$-0.37$-0.36$-0.34$-0.38$-0.33$-0.31$-0.38$-0.58$-0.49
High Forecast----$-0.21$-0.23$-0.26$-0.35$-0.37$-0.30$-0.29$-0.30$-0.34$-0.34$-0.35$-0.36$-0.38$-0.52$-0.51$-0.56$-0.45$-0.37$-0.36$-0.34$-0.38$-0.33$-0.31$-0.38$-0.58$-0.49
Low Forecast----$-0.37$-0.41$-0.46$-0.39$-0.48$-0.54$-0.51$-0.54$-0.47$-0.61$-0.62$-0.63$-0.67$-0.52$-0.51$-0.56$-0.45$-0.37$-0.36$-0.34$-0.38$-0.33$-0.31$-0.38$-0.58$-0.49
Surprise %---------------0.67%0.92%0.46%0.57%0.72%1.11%0.79%0.96%1.07%1.03%0.99%1.09%0.47%0.48%0.88%

According to undefined Wall Street analysts, Profound Medical'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 PROF previous annual EPS of $NaN (undefined).

Profound Medical Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROFProfound Medical$6.98$15.17117.34%Buy
SGHTSight Sciences$3.55$7.50111.27%Hold
LUNGPulmonx$6.16$13.00111.04%Buy
KIDSOrthoPediatrics$22.58$39.5074.93%Buy
NVRONevro$3.97$5.8447.10%Hold
LIVNLivaNova$46.75$68.2545.99%Buy
SIBNSI-BONE$13.27$18.5039.41%Buy
OFIXOrthofix Medical$17.34$24.0038.41%
NPCENeuroPace$11.14$15.0034.65%Buy
ITGRInteger$134.75$153.5013.91%Buy
FNAParagon 28$10.27$11.5011.98%Buy
IRMDIRadimed$54.21$60.0010.68%Buy
CVRXCVRx$12.90$14.2510.47%Buy
AORTArtivion$28.55$30.757.71%Buy
SRDXSurmodics$39.68$39.50-0.45%Buy

PROF Forecast FAQ


Is Profound Medical a good buy?

Yes, according to 2 Wall Street analysts, Profound Medical (PROF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of PROF's total ratings.

What is PROF's price target?

Profound Medical (PROF) average price target is $15.17 with a range of $12 to $17, implying a 117.34% from its last price of $6.98. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Profound Medical stock go up soon?

According to Wall Street analysts' prediction for PROF stock, the company can go up by 117.34% (from the last price of $6.98 to the average price target of $15.17), up by 143.55% based on the highest stock price target, and up by 71.92% based on the lowest stock price target.

Can Profound Medical stock reach $10?

PROF's average twelve months analyst stock price target of $15.17 supports the claim that Profound Medical can reach $10 in the near future.

What is Profound Medical's current price target trend?

1 Wall Street analyst forecast a $17 price target for Profound Medical (PROF) this month, up 143.55% from its last price of $6.98. Compared to the last 3 and 12 months, the average price target increased by 143.55% and increased by 117.34%, respectively.

What are Profound Medical's analysts' financial forecasts?

Profound Medical's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.13M (high $35.47M, low $22.22M), average EBITDA is $-28.133M (high $-22.217M, low $-35.468M), average net income is $-32.455M (high $-26.043M, low $-40.374M), average SG&A $64.59M (high $81.43M, low $51.01M), and average EPS is $-1.317 (high $-1.057, low $-1.638). PROF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $78.3M (high $98.08M, low $63.28M), average EBITDA is $-78.3M (high $-63.28M, low $-98.081M), average net income is $0 (high $0, low $0), average SG&A $179.77M (high $225.19M, low $145.29M), and average EPS is $0 (high $0, low $0).

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

Based on Profound Medical's last annual report (Dec 2022), the company's revenue was $6.68M, which missed the average analysts forecast of $8.86M by -24.58%. Apple's EBITDA was $-25.474M, beating the average prediction of $-15.328M by 66.19%. The company's net income was $-28.669M, missing the average estimation of $-46.302M by -38.08%. Apple's SG&A was $17.93M, missing the average forecast of $20.34M by -11.83%. Lastly, the company's EPS was $-1.4, missing the average prediction of $-2.09 by -33.01%. In terms of the last quarterly report (Mar 2023), Profound Medical's revenue was $1.86M, missing the average analysts' forecast of $2.12M by -12.13%. The company's EBITDA was $-6.219M, beating the average prediction of $-2.117M by 193.81%. Profound Medical's net income was $-6.741M, missing the average estimation of $-11.776M by -42.76%. The company's SG&A was $4.21M, missing the average forecast of $4.86M by -13.35%. Lastly, the company's EPS was $-0.32, missing the average prediction of $-0.478 by -33.04%