Quanterix (QTRX) Stock Forecast, Price Target & Predictions


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QTRX Stock Forecast


Quanterix (QTRX) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $23.33, with a high of $32.00 and a low of $13.00. This represents a 142.77% increase from the last price of $9.61.

$5 $11 $17 $23 $29 $35 High: $32 Avg: $23.33 Low: $13 Last Closed Price: $9.61

QTRX Stock Rating


Quanterix stock's rating consensus is Hold, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (33.33%), 2 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 3 0 2 1 Strong Sell Sell Hold Buy Strong Buy

QTRX Forecast vs Benchmarks


TypeNameUpside
StockQuanterix142.77%
SectorHealthcare Stocks 25.20%
IndustryMedical Device Stocks6.39%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$28.50
Last Closing Price$9.61$9.61$9.61
Upside/Downside--196.57%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25221--5
Dec, 24221--5
Nov, 24221--5
Oct, 24241--7
Sep, 24241--7
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 11, 2024Sung NiamScotiabank$32.00$18.5072.97%232.99%
May 08, 2024Kyle MiksonCanaccord Genuity$25.00$16.5151.42%160.15%
Nov 10, 2022Goldman Sachs$13.00$11.7210.92%35.28%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024Cowen & Co.HoldHoldhold
Aug 09, 2024Cowen & Co.HoldHoldhold
Jun 12, 2024Canaccord GenuityBuyBuyhold
Jun 11, 2024ScotiabankSector OutperformSector Outperformhold
Jun 07, 2024Cowen & Co.HoldHoldhold
Sep 25, 2023Wolfe ResearchPeer Performinitialise
Aug 10, 2022Goldman SachsNeutralNeutralhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.10$-1.60$-2.61$-0.86-----
Avg Forecast$-1.22$-1.70$-2.58$-0.82$-0.95$-0.98$-0.74$-0.30$0.21
High Forecast$-1.23$-1.72$-2.61$-0.85$-0.98$-1.02$-0.82$-0.31$0.20
Low Forecast$-1.21$-1.69$-2.54$-0.79$-0.91$-0.95$-0.68$-0.29$0.22
Surprise %-9.84%-5.88%1.16%4.88%-----

Revenue Forecast

$50M $100M $150M $200M $250M $300M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$86.38M$110.56M$104.95M$122.37M-----
Avg Forecast$74.82M$104.58M$105.49M$120.68M$137.20M$155.11M$182.19M$220.73M$265.30M
High Forecast$74.36M$103.93M$104.16M$120.05M$136.37M$153.32M$181.03M$217.97M$258.18M
Low Forecast$75.30M$105.25M$106.51M$121.30M$138.02M$156.89M$183.36M$223.50M$272.20M
Surprise %15.44%5.72%-0.51%1.40%-----

Net Income Forecast

$-100M $-70M $-40M $-10M $20M $50M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-31.53M$-57.69M$-96.70M$-32.33M-----
Avg Forecast$-45.83M$-64.08M$-96.98M$-30.75M$-35.72M$-36.92M$-28.15M$-11.27M$7.89M
High Forecast$-46.22M$-64.62M$-98.20M$-31.81M$-36.78M$-38.19M$-30.74M$-11.66M$7.62M
Low Forecast$-45.47M$-63.57M$-95.39M$-29.69M$-34.34M$-35.65M$-25.56M$-10.88M$8.16M
Surprise %-31.21%-9.97%-0.29%5.15%-----

QTRX Forecast FAQ


Is Quanterix stock a buy?

Quanterix stock has a consensus rating of Hold, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Quanterix is a neutral investment for most analysts.

What is Quanterix's price target?

Quanterix's price target, set by 3 Wall Street analysts, averages $23.33 over the next 12 months. The price target range spans from $13 at the low end to $32 at the high end, suggesting a potential 142.77% change from the previous close price of $9.61.

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

Quanterix stock forecast shows a 142.77% 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 Quanterix over the past three months?

  • January 2025: 40.00% Strong Buy, 40.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 40.00% Strong Buy, 40.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 40.00% Strong Buy, 40.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.

What is Quanterix’s EPS forecast?

Quanterix's average annual EPS forecast for its fiscal year ending in December is -0.95 for 2024, a 10.47% increase from the reported $-0.86 in 2023. The prediction for 2025 is $-0.98, $-0.74 for 2026, $-0.3 for 2027, and $0.21 for 2028.

What is Quanterix’s revenue forecast?

Quanterix's average annual revenue forecast for its fiscal year ending in December is $137.2M for 2024, a 12.12% increase from the reported $122.37M in 2023. The forecast for 2025 is $155.11M, $182.19M for 2026, $220.73M for 2027, and $265.3M for 2028.

What is Quanterix’s net income forecast?

For its fiscal year ending in December, Quanterix's average annual net income forecast is $-35.716M for 2024, reflecting an 10.46% increase from the reported $-32.334M in 2023. The projection for 2025 is $-36.92M, $-28.154M for 2026, $-11.272M for 2027, and $7.89M for 2028.