Quipt Home Medical (QIPT) Stock Forecast, Price Target & Predictions


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QIPT Stock Forecast


Quipt Home Medical (QIPT) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $6.00, with a high of $6.00 and a low of $6.00. This represents a 91.08% increase from the last price of $3.14.

High: $6 Avg: $6 Low: $6 Last Closed Price: $3.14

QIPT Stock Rating


Quipt Home Medical stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

QIPT Forecast vs Benchmarks


TypeNameUpside
StockQuipt Home Medical91.08%
SectorHealthcare Stocks 25.20%
IndustryMedical Device Stocks6.39%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$7.00
Last Closing Price$3.14$3.14$3.14
Upside/Downside--122.93%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2515---6
Dec, 2415---6
Nov, 2415---6
Oct, 2416--18
Sep, 2416--18
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 16, 2024Richard CloseCanaccord Genuity$6.00$2.74118.98%91.08%
May 17, 2024Richard CloseCanaccord Genuity$8.00$3.20150.00%154.78%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
May 20, 2024BenchmarkBuyBuyhold
May 17, 2024Canaccord GenuityBuyBuyhold
May 16, 2024Raymond JamesUnderperformdowngrade

Financial Forecast


EPS Forecast

Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28
Reported$-0.17$-0.20$0.14$-0.07$-0.16----
Avg Forecast$-0.10$-0.26$0.16$-0.02$-0.12$-0.09$-0.11$1.75$2.25
High Forecast$-0.11$-0.27$0.15$-0.02$-0.14$-0.28$-0.11$1.70$2.19
Low Forecast$-0.10$-0.25$0.16$-0.02$-0.10$0.09$-0.11$1.80$2.32
Surprise %70.00%-23.08%-12.50%250.00%33.33%----

Revenue Forecast

$50M $160M $270M $380M $490M $600M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28
Reported$54.85M$102.35M$139.86M$221.74M$245.91M----
Avg Forecast$77.48M$101.28M$140.73M$221.72M$258.18M$256.36M$268.77M$493.90M$568.00M
High Forecast$75.71M$98.96M$137.51M$219.49M$256.72M$254.39M$263.07M$483.42M$555.95M
Low Forecast$80.22M$104.86M$145.71M$222.69M$259.61M$258.32M$275.02M$505.37M$581.20M
Surprise %-29.20%1.06%-0.62%0.01%-4.75%----

Net Income Forecast

$-50M $-20M $10M $40M $70M $100M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27 Sep 28
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27Sep 28
Reported$-3.79M$-6.17M$4.84M$-2.78M$-6.76M----
Avg Forecast$-3.96M$-10.06M$6.05M$-791.40K$-5.07M$-3.93M$-4.71M$74.30M$95.79M
High Forecast$-4.14M$-10.52M$5.87M$-815.30K$-6.09M$-11.79M$-4.85M$72.25M$93.14M
Low Forecast$-3.84M$-9.76M$6.33M$-769.57K$-4.06M$3.93M$-4.58M$76.54M$98.68M
Surprise %-4.18%-38.60%-20.00%251.78%33.35%----

QIPT Forecast FAQ


Is Quipt Home Medical stock a buy?

Quipt Home Medical stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Quipt Home Medical is a favorable investment for most analysts.

What is Quipt Home Medical's price target?

Quipt Home Medical's price target, set by 2 Wall Street analysts, averages $6 over the next 12 months. The price target range spans from $6 at the low end to $6 at the high end, suggesting a potential 91.08% change from the previous close price of $3.14.

How does Quipt Home Medical stock forecast compare to the average forecast of its sector, industry, and investment themes?

Quipt Home Medical stock forecast shows a 91.08% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and outperforming the medical device stocks industry (6.39%).

What is the breakdown of analyst ratings for Quipt Home Medical over the past three months?

  • January 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Quipt Home Medical’s EPS forecast?

Quipt Home Medical's average annual EPS forecast for its fiscal year ending in September is -0.09 for 2025, a -43.75% decrease from the reported $-0.16 in 2024. The prediction for 2026 is $-0.11, $1.75 for 2027, and $2.25 for 2028.

What is Quipt Home Medical’s revenue forecast?

Quipt Home Medical's average annual revenue forecast for its fiscal year ending in September is $256.36M for 2025, a 4.25% increase from the reported $245.92M in 2024. The forecast for 2026 is $268.77M, $493.9M for 2027, and $568M for 2028.

What is Quipt Home Medical’s net income forecast?

For its fiscal year ending in September, Quipt Home Medical's average annual net income forecast is $-3.93M for 2025, reflecting a -41.89% decrease from the reported $-6.763M in 2024. The projection for 2026 is $-4.707M, $74.3M for 2027, and $95.79M for 2028.