Quanterix (QTRX) Stock Forecast, Price Target & Predictions

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QTRX Stock Forecast

Quanterix stock forecast is as follows: an average price target of $23.33 (represents a 122.19% upside from QTRX’s last price of $10.50) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

QTRX Price Target

The average price target for Quanterix (QTRX) is $23.33 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $13.00. This represents a potential 122.19% upside from QTRX's last price of $10.50.

QTRX Analyst Ratings

Hold

According to 3 Wall Street analysts, Quanterix's rating consensus is 'Hold'. The analyst rating breakdown for QTRX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Quanterix Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jun 11, 2024	Sung Niam	Scotiabank	$32.00	$18.50	72.95%	204.76%
May 08, 2024	Kyle Mikson	Canaccord Genuity	$25.00	$16.51	51.42%	138.10%
Nov 10, 2022		Goldman Sachs	$13.00	$11.72	10.92%	23.81%

The latest Quanterix stock forecast, released on Jun 11, 2024 by Sung Niam from Scotiabank, set a price target of $32.00, which represents a 72.95% increase from the stock price at the time of the forecast ($18.50), and a 204.76% increase from QTRX last price ($10.50).

Quanterix Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$28.50
Last Closing Price	$10.50	$10.50	$10.50
Upside/Downside	-100.00%	-100.00%	171.43%

In the current month, the average price target of Quanterix stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Quanterix's last price of $10.50. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 13, 2024	Cowen & Co.	Hold	Hold	Hold
Aug 09, 2024	Cowen & Co.	Hold	Hold	Hold
Jun 12, 2024	Canaccord Genuity	Buy	Buy	Hold
Jun 11, 2024	Scotiabank	Sector Outperform	Sector Outperform	Hold
Jun 07, 2024	Cowen & Co.	Hold	Hold	Hold
Sep 25, 2023	Wolfe Research		Peer Perform	Initialise
Aug 10, 2022	Goldman Sachs	Neutral	Neutral	Hold

Quanterix's last stock rating was published by Cowen & Co. on Nov 13, 2024. The company gave QTRX a "Hold" rating, the same as its previous rate.

Quanterix Financial Forecast

Quanterix 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
Revenue	-	-	-	-	-	-	-	-	$32.43M	$31.33M	$31.03M	$28.23M	$25.61M	$26.36M	$23.43M	$29.55M	$31.30M	$26.68M	$25.37M	$27.21M	$26.13M	$31.39M	$13.13M	$15.73M	$15.92M	$14.94M	$13.54M	$12.34M	$7.52M
Avg Forecast	$42.37M	$41.12M	$38.79M	$35.87M	$35.02M	$34.14M	$33.73M	$31.48M	$29.85M	$27.61M	$25.89M	$25.40M	$25.78M	$24.02M	$30.05M	$29.11M	$28.31M	$24.01M	$23.05M	$20.80M	$22.59M	$15.00M	$10.55M	$13.33M	$14.22M	$12.62M	$11.50M	$10.23M	$6.15M
High Forecast	$43.67M	$42.38M	$39.98M	$36.97M	$36.09M	$34.77M	$34.77M	$31.48M	$32.10M	$27.61M	$26.69M	$26.17M	$26.57M	$24.02M	$30.05M	$29.11M	$28.31M	$24.01M	$23.05M	$20.80M	$22.59M	$15.00M	$10.55M	$13.33M	$14.22M	$12.62M	$11.50M	$10.23M	$7.38M
Low Forecast	$41.28M	$40.06M	$37.80M	$34.95M	$34.12M	$33.50M	$32.86M	$31.48M	$27.58M	$27.61M	$25.23M	$24.74M	$25.12M	$24.02M	$30.05M	$29.11M	$28.31M	$24.01M	$23.05M	$20.80M	$22.59M	$15.00M	$10.55M	$13.33M	$14.22M	$12.62M	$11.50M	$10.23M	$4.92M
# Analysts	3	3	3	5	4	3	1	1	3	1	1	1	1	1	1	1	1	1	1	1	5	4	5	4	4	3	4	3	8
Surprise %	-	-	-	-	-	-	-	-	1.09%	1.13%	1.20%	1.11%	0.99%	1.10%	0.78%	1.02%	1.11%	1.11%	1.10%	1.31%	1.16%	2.09%	1.24%	1.18%	1.12%	1.18%	1.18%	1.21%	1.22%

Quanterix's average Quarter revenue forecast for Mar 24 based on 1 analysts is $31.48M, with a low forecast of $31.48M, and a high forecast of $31.48M. QTRX's average Quarter revenue forecast represents a -2.93% decrease compared to the company's last Quarter revenue of $32.43M (Dec 23).

Quanterix 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
# Analysts	3	3	3	5	4	3	1	1	3	1	1	1	1	1	1	1	1	1	1	1	5	4	5	4	4	3	4	3	8
EBITDA	-	-	-	-	-	-	-	-	$-4.63M	$-13.77M	$-9.56M	$-9.49M	$-3.94M	$6.69M	$-23.53M	$-16.83M	$-19.23M	$-14.32M	$-10.66M	$-8.99M	$-8.82M	$3.20M	$-11.29M	$-10.85M	$-10.52M	$-9.04M	$-10.04M	$-8.99M	$-6.91M
Avg Forecast	$-20.58M	$-19.97M	$-18.85M	$-17.43M	$-17.01M	$-16.58M	$-16.39M	$-15.29M	$-14.50M	$-13.41M	$-12.58M	$-12.34M	$-12.52M	$-11.31M	$-14.15M	$-20.27M	$-13.33M	$-11.31M	$-10.86M	$-10.09M	$-10.64M	$-7.07M	$-4.97M	$-10.58M	$-6.70M	$-5.94M	$-5.42M	$-8.32M	$-5.37M
High Forecast	$-20.05M	$-19.46M	$-18.36M	$-16.98M	$-16.57M	$-16.27M	$-15.96M	$-15.29M	$-13.40M	$-13.41M	$-12.25M	$-12.02M	$-12.20M	$-11.31M	$-14.15M	$-16.22M	$-13.33M	$-11.31M	$-10.86M	$-8.07M	$-10.64M	$-7.07M	$-4.97M	$-8.46M	$-6.70M	$-5.94M	$-5.42M	$-6.66M	$-4.30M
Low Forecast	$-21.21M	$-20.59M	$-19.42M	$-17.96M	$-17.53M	$-16.89M	$-16.89M	$-15.29M	$-15.59M	$-13.41M	$-12.96M	$-12.72M	$-12.91M	$-11.31M	$-14.15M	$-24.33M	$-13.33M	$-11.31M	$-10.86M	$-12.10M	$-10.64M	$-7.07M	$-4.97M	$-12.69M	$-6.70M	$-5.94M	$-5.42M	$-9.98M	$-6.45M
Surprise %	-	-	-	-	-	-	-	-	0.32%	1.03%	0.76%	0.77%	0.31%	-0.59%	1.66%	0.83%	1.44%	1.27%	0.98%	0.89%	0.83%	-0.45%	2.27%	1.03%	1.57%	1.52%	1.85%	1.08%	1.29%

1 analysts predict QTRX's average Quarter EBITDA for Dec 22 to be $-12.52M, with a high of $-12.20M and a low of $-12.91M. This is -287.13% lower than Quanterix's previous annual EBITDA (Sep 22) of $6.69M.

Quanterix 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
# Analysts	3	3	3	5	4	3	1	1	3	1	1	1	1	1	1	1	1	1	1	1	5	4	5	4	4	3	4	3	8
Net Income	-	-	-	-	-	-	-	-	$-12.41M	$-7.76M	$-6.06M	$-6.10M	$-18.60M	$-35.06M	$-24.90M	$-18.15M	$-20.10M	$-15.66M	$-11.90M	$-10.10M	$-9.82M	$2.20M	$-12.30M	$-11.61M	$-10.96M	$-9.87M	$-10.56M	$-9.40M	$-7.20M
Avg Forecast	$-7.24M	$-7.61M	$-8.90M	$-9.81M	$-8.91M	$-9.37M	$-10.20M	$-11.85M	$-12.04M	$-14.10M	$-14.47M	$-14.65M	$-17.92M	$-16.83M	$-21.86M	$-21.72M	$-25.22M	$-13.64M	$-12.72M	$-11.33M	$-12.62M	$-16.03M	$-18.26M	$-11.32M	$-16.85M	$-17.33M	$-16.33M	$-8.70M	$-5.60M
High Forecast	$-7.00M	$-7.36M	$-8.60M	$-8.76M	$-7.67M	$-9.05M	$-9.86M	$-11.45M	$-11.63M	$-13.63M	$-13.99M	$-14.16M	$-17.32M	$-16.83M	$-21.86M	$-17.38M	$-25.22M	$-13.64M	$-12.72M	$-9.06M	$-12.62M	$-16.03M	$-18.26M	$-9.06M	$-16.85M	$-17.33M	$-16.33M	$-6.96M	$-4.48M
Low Forecast	$-7.53M	$-7.91M	$-9.26M	$-11.27M	$-9.97M	$-9.74M	$-10.60M	$-12.32M	$-12.52M	$-14.67M	$-15.05M	$-15.23M	$-18.64M	$-16.83M	$-21.86M	$-26.07M	$-25.22M	$-13.64M	$-12.72M	$-13.59M	$-12.62M	$-16.03M	$-18.26M	$-13.58M	$-16.85M	$-17.33M	$-16.33M	$-10.44M	$-6.72M
Surprise %	-	-	-	-	-	-	-	-	1.03%	0.55%	0.42%	0.42%	1.04%	2.08%	1.14%	0.84%	0.80%	1.15%	0.94%	0.89%	0.78%	-0.14%	0.67%	1.03%	0.65%	0.57%	0.65%	1.08%	1.29%

Quanterix's average Quarter net income forecast for Dec 20 is $-12.62M, with a range of $-12.62M to $-12.62M. QTRX's average Quarter net income forecast represents a -672.95% decrease compared to the company's last Quarter net income of $2.20M (Sep 20).

Quanterix 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
# Analysts	3	3	3	5	4	3	1	1	3	1	1	1	1	1	1	1	1	1	1	1	5	4	5	4	4	3	4	3	8
SG&A	-	-	-	-	-	-	-	-	$21.48M	$23.59M	$21.59M	$21.66M	$19.94M	$19.97M	$27.05M	$25.71M	$28.42M	$23.67M	$20.79M	$19.45M	$18.77M	$13.45M	$13.10M	$14.27M	$13.95M	$13.35M	$13.43M	$11.51M	$6.69M
Avg Forecast	$34.50M	$33.49M	$31.60M	$29.22M	$28.52M	$27.80M	$27.47M	$25.63M	$24.31M	$22.49M	$21.09M	$20.68M	$21.00M	$19.75M	$24.70M	$23.93M	$23.27M	$19.74M	$18.95M	$17.10M	$18.57M	$12.33M	$8.67M	$10.95M	$11.69M	$10.37M	$9.45M	$8.41M	$5.20M
High Forecast	$35.56M	$34.51M	$32.56M	$30.11M	$29.39M	$28.32M	$28.31M	$25.63M	$26.15M	$22.49M	$21.73M	$21.32M	$21.64M	$19.75M	$24.70M	$23.93M	$23.27M	$19.74M	$18.95M	$17.10M	$18.57M	$12.33M	$8.67M	$10.95M	$11.69M	$10.37M	$9.45M	$8.41M	$6.24M
Low Forecast	$33.62M	$32.63M	$30.78M	$28.46M	$27.79M	$27.29M	$26.77M	$25.63M	$22.46M	$22.49M	$20.55M	$20.15M	$20.46M	$19.75M	$24.70M	$23.93M	$23.27M	$19.74M	$18.95M	$17.10M	$18.57M	$12.33M	$8.67M	$10.95M	$11.69M	$10.37M	$9.45M	$8.41M	$4.16M
Surprise %	-	-	-	-	-	-	-	-	0.88%	1.05%	1.02%	1.05%	0.95%	1.01%	1.09%	1.07%	1.22%	1.20%	1.10%	1.14%	1.01%	1.09%	1.51%	1.30%	1.19%	1.29%	1.42%	1.37%	1.29%

Quanterix's average Quarter SG&A projection for Mar 24 is $25.63M, based on 1 Wall Street analysts, with a range of $25.63M to $25.63M. The forecast indicates a 19.36% rise compared to QTRX last annual SG&A of $21.48M (Dec 23).

Quanterix 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
# Analysts	3	3	3	5	4	3	1	1	3	1	1	1	1	1	1	1	1	1	1	1	5	4	5	4	4	3	4	3	8
EPS	-	-	-	-	-	-	-	-	$-0.33	$-0.21	$-0.16	$-0.16	$-0.50	$-0.95	$-0.67	$-0.49	$-0.55	$-0.43	$-0.33	$-0.29	$-0.31	$0.07	$-0.43	$-0.41	$-0.39	$-0.35	$-0.46	$-0.42	$-0.33
Avg Forecast	$-0.19	$-0.20	$-0.23	$-0.26	$-0.23	$-0.24	$-0.27	$-0.31	$-0.31	$-0.37	$-0.38	$-0.38	$-0.47	$-0.44	$-0.57	$-0.61	$-0.66	$-0.36	$-0.33	$-0.33	$-0.33	$-0.42	$-0.48	$-0.40	$-0.44	$-0.45	$-0.43	$-0.40	$-0.21
High Forecast	$-0.18	$-0.19	$-0.22	$-0.23	$-0.20	$-0.24	$-0.26	$-0.30	$-0.30	$-0.36	$-0.36	$-0.37	$-0.45	$-0.44	$-0.57	$-0.61	$-0.66	$-0.36	$-0.33	$-0.33	$-0.33	$-0.42	$-0.48	$-0.40	$-0.44	$-0.45	$-0.43	$-0.40	$-0.17
Low Forecast	$-0.20	$-0.21	$-0.24	$-0.29	$-0.26	$-0.25	$-0.28	$-0.32	$-0.33	$-0.38	$-0.39	$-0.40	$-0.49	$-0.44	$-0.57	$-0.61	$-0.66	$-0.36	$-0.33	$-0.33	$-0.33	$-0.42	$-0.48	$-0.40	$-0.44	$-0.45	$-0.43	$-0.40	$-0.25
Surprise %	-	-	-	-	-	-	-	-	1.05%	0.57%	0.42%	0.42%	1.07%	2.16%	1.17%	0.81%	0.84%	1.21%	0.99%	0.87%	0.94%	-0.18%	0.91%	1.03%	0.89%	0.78%	1.08%	1.06%	1.57%

According to 5 Wall Street analysts, Quanterix's projected average Quarter EPS for Dec 20 is $-0.33, with a low estimate of $-0.33 and a high estimate of $-0.33. This represents a -549.84% decrease compared to QTRX previous annual EPS of $0.07 (Sep 20).

Quanterix Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
RPID	Rapid Micro Biosystems	$1.06	$8.00	654.72%	Hold
LUNG	Pulmonx	$6.13	$13.00	112.07%	Buy
QTRX	Quanterix	$11.11	$23.33	109.99%	Hold
SGHT	Sight Sciences	$3.62	$7.50	107.18%	Hold
MXCT	MaxCyte	$4.27	$8.00	87.35%	Buy
KIDS	OrthoPediatrics	$22.46	$39.50	75.87%	Buy
OFIX	Orthofix Medical	$17.93	$24.00	33.85%
SIBN	SI-BONE	$13.84	$18.50	33.67%	Buy
CTKB	Cytek Biosciences	$6.43	$8.50	32.19%	Buy
NPCE	NeuroPace	$11.52	$15.00	30.21%	Buy
PRCT	PROCEPT BioRobotics	$88.56	$105.00	18.56%	Buy
CVRX	CVRx	$13.16	$14.25	8.28%	Buy
TCMD	Tactile Systems	$17.82	$16.00	-10.21%	Buy
HSCS	Heart Test Laboratories	$3.85	$3.00	-22.08%	Buy

QTRX Forecast FAQ

Is Quanterix a good buy?

No, according to 3 Wall Street analysts, Quanterix (QTRX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of QTRX's total ratings.

What is QTRX's price target?

Quanterix (QTRX) average price target is $23.33 with a range of $13 to $32, implying a 122.19% from its last price of $10.5. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Quanterix stock go up soon?

According to Wall Street analysts' prediction for QTRX stock, the company can go up by 122.19% (from the last price of $10.5 to the average price target of $23.33), up by 204.76% based on the highest stock price target, and up by 23.81% based on the lowest stock price target.

Can Quanterix stock reach $20?

QTRX's average twelve months analyst stock price target of $23.33 supports the claim that Quanterix can reach $20 in the near future.

What are Quanterix's analysts' financial forecasts?

Quanterix's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $134.36M (high $137.1M, low $131.96M), average EBITDA is $-65.268M (high $-64.102M, low $-66.601M), average net income is $-40.321M (high $-38.025M, low $-42.628M), average SG&A $109.43M (high $111.66M, low $107.47M), and average EPS is $-1.052 (high $-0.992, low $-1.112). QTRX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $158.15M (high $163M, low $154.08M), average EBITDA is $-76.826M (high $-74.85M, low $-79.183M), average net income is $-33.557M (high $-31.72M, low $-35.964M), average SG&A $128.8M (high $132.75M, low $125.49M), and average EPS is $-0.875 (high $-0.827, low $-0.938).

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

Based on Quanterix's last annual report (Dec 2023), the company's revenue was $122.37M, beating the average analysts forecast of $108.75M by 12.52%. Apple's EBITDA was $-49.701M, missing the average prediction of $-52.828M by -5.92%. The company's net income was $-32.334M, missing the average estimation of $-55.259M by -41.49%. Apple's SG&A was $90.24M, beating the average forecast of $88.57M by 1.89%. Lastly, the company's EPS was $-0.86, missing the average prediction of $-1.441 by -40.33%. In terms of the last quarterly report (Dec 2023), Quanterix's revenue was $32.43M, beating the average analysts' forecast of $29.85M by 8.64%. The company's EBITDA was $-4.632M, missing the average prediction of $-14.499M by -68.05%. Quanterix's net income was $-12.409M, beating the average estimation of $-12.037M by 3.09%. The company's SG&A was $21.48M, missing the average forecast of $24.31M by -11.65%. Lastly, the company's EPS was $-0.33, beating the average prediction of $-0.314 by 5.10%