Sanara MedTech (SMTI) Stock Forecast, Price Target & Predictions


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SMTI Stock Forecast


Sanara MedTech stock forecast is as follows: an average price target of $44.00 (represents a 22.22% upside from SMTI’s last price of $36.00) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

SMTI Price Target


The average price target for Sanara MedTech (SMTI) is $44.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $44.00. This represents a potential 22.22% upside from SMTI's last price of $36.00.

SMTI Analyst Ratings


Buy

According to 1 Wall Street analysts, Sanara MedTech's rating consensus is 'Buy'. The analyst rating breakdown for SMTI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sanara MedTech Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 26, 2024Ross OsbornCantor Fitzgerald$44.00$36.7519.73%22.22%
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The latest Sanara MedTech stock forecast, released on Mar 26, 2024 by Ross Osborn from Cantor Fitzgerald, set a price target of $44.00, which represents a 19.73% increase from the stock price at the time of the forecast ($36.75), and a 22.22% increase from SMTI last price ($36.00).

Sanara MedTech Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$44.00
Last Closing Price$36.00$36.00$36.00
Upside/Downside-100.00%-100.00%22.22%

In the current month, the average price target of Sanara MedTech stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sanara MedTech's last price of $36.00. 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


DateCompanyPrevious RatingNew RatingRating Change
Mar 26, 2024Cantor FitzgeraldOverweightOverweightHold
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Sanara MedTech's last stock rating was published by Cantor Fitzgerald on Mar 26, 2024. The company gave SMTI a "Overweight" rating, the same as its previous rate.

Sanara MedTech Financial Forecast


Sanara MedTech Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21
Revenue--------$17.69M$16.02M$15.75M$15.52M$15.32M$13.04M$9.67M$7.03M$5.82M$6.28M
Avg Forecast$26.50M$25.40M$24.00M$23.20M$22.40M$20.70M$19.10M$18.50M$15.39M$18.80M$16.90M$16.20M$14.80M$14.70M$8.70M$6.10M$6.30M$5.80M
High Forecast$26.50M$25.40M$24.00M$23.20M$22.40M$21.30M$19.10M$18.50M$15.39M$18.80M$16.90M$16.20M$14.80M$14.70M$8.70M$6.10M$6.30M$5.80M
Low Forecast$26.50M$25.40M$24.00M$23.20M$22.40M$20.10M$19.10M$18.50M$15.39M$18.80M$16.90M$16.20M$14.80M$14.70M$8.70M$6.10M$6.30M$5.80M
# Analysts111111111111111111
Surprise %--------1.15%0.85%0.93%0.96%1.03%0.89%1.11%1.15%0.92%1.08%

Sanara MedTech's average Quarter revenue forecast for Mar 24 based on 1 analysts is $18.50M, with a low forecast of $18.50M, and a high forecast of $18.50M. SMTI's average Quarter revenue forecast represents a 4.58% increase compared to the company's last Quarter revenue of $17.69M (Dec 23).

Sanara MedTech EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21
# Analysts111111111111111111
EBITDA--------$168.26K$-590.73K$-1.42M$-890.13K$-3.24M$-2.18M$-2.78M$-3.36M$-1.84M$-1.11M
Avg Forecast$-5.52M$-5.29M$-5.00M$-4.84M$-4.67M$-4.31M$-3.98M$-3.86M$-3.21M$-3.92M$-3.52M$-3.38M$-3.08M$-3.25M$-1.92M$-1.35M$-1.39M$-1.28M
High Forecast$-5.52M$-5.29M$-5.00M$-4.84M$-4.67M$-4.19M$-3.98M$-3.86M$-3.21M$-3.92M$-3.52M$-3.38M$-3.08M$-3.25M$-1.92M$-1.35M$-1.39M$-1.28M
Low Forecast$-5.52M$-5.29M$-5.00M$-4.84M$-4.67M$-4.44M$-3.98M$-3.86M$-3.21M$-3.92M$-3.52M$-3.38M$-3.08M$-3.25M$-1.92M$-1.35M$-1.39M$-1.28M
Surprise %---------0.05%0.15%0.40%0.26%1.05%0.67%1.45%2.49%1.32%0.86%

1 analysts predict SMTI's average Quarter EBITDA for Mar 24 to be $-3.86M, with a high of $-3.86M and a low of $-3.86M. This is -2391.51% lower than Sanara MedTech's previous annual EBITDA (Dec 23) of $168.26K.

Sanara MedTech Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21
# Analysts111111111111111111
Net Income--------$89.01K$-1.06M$-1.83M$-1.50M$-11.71M$-1.53M$-3.25M$-3.55M$-2.02M$-1.17M
Avg Forecast$-1.87M$-1.96M$-2.73M$-2.90M$-3.32M$-5.28M$-1.79M$-596.22K$-1.11M$11.82M$-1.11M$-2.81M$-2.21M$-2.71M$-2.37M$-2.29M$-1.52M$-1.02M
High Forecast$-1.87M$-1.96M$-2.73M$-2.90M$-3.32M$-5.28M$-1.79M$-596.22K$-1.11M$11.82M$-1.11M$-2.81M$-2.21M$-2.71M$-2.37M$-2.29M$-1.52M$-1.02M
Low Forecast$-1.87M$-1.96M$-2.73M$-2.90M$-3.32M$-5.28M$-1.79M$-596.22K$-1.11M$11.82M$-1.11M$-2.81M$-2.21M$-2.71M$-2.37M$-2.29M$-1.52M$-1.02M
Surprise %---------0.08%-0.09%1.65%0.54%5.29%0.56%1.37%1.55%1.33%1.15%

Sanara MedTech's average Quarter net income forecast for Mar 24 is $-596.22K, with a range of $-596.22K to $-596.22K. SMTI's average Quarter net income forecast represents a -769.86% decrease compared to the company's last Quarter net income of $89.01K (Dec 23).

Sanara MedTech SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21
# Analysts111111111111111111
SG&A--------$16.34M$13.88M$13.81M$12.97M$14.11M$12.06M$10.43M$9.16M$6.92M$6.56M
Avg Forecast$28.36M$27.18M$25.68M$24.83M$23.97M$22.15M$20.44M$19.80M$16.47M$20.12M$18.09M$17.34M$15.84M$15.73M$9.31M$6.53M$6.74M$6.21M
High Forecast$28.36M$27.18M$25.68M$24.83M$23.97M$22.80M$20.44M$19.80M$16.47M$20.12M$18.09M$17.34M$15.84M$15.73M$9.31M$6.53M$6.74M$6.21M
Low Forecast$28.36M$27.18M$25.68M$24.83M$23.97M$21.51M$20.44M$19.80M$16.47M$20.12M$18.09M$17.34M$15.84M$15.73M$9.31M$6.53M$6.74M$6.21M
Surprise %--------0.99%0.69%0.76%0.75%0.89%0.77%1.12%1.40%1.03%1.06%

Sanara MedTech's average Quarter SG&A projection for Mar 24 is $19.80M, based on 1 Wall Street analysts, with a range of $19.80M to $19.80M. The forecast indicates a 21.19% rise compared to SMTI last annual SG&A of $16.34M (Dec 23).

Sanara MedTech EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21
# Analysts111111111111111111
EPS--------$0.01$-0.13$-0.22$-0.18$-1.48$-0.19$-0.42$-0.47$-0.27$-0.16
Avg Forecast$-0.22$-0.23$-0.32$-0.34$-0.39$-0.62$-0.21$-0.07$-0.13$1.39$-0.13$-0.33$-0.26$-0.32$-0.28$-0.27$-0.18$-0.12
High Forecast$-0.22$-0.23$-0.32$-0.34$-0.39$-0.62$-0.21$-0.07$-0.13$1.39$-0.13$-0.33$-0.26$-0.32$-0.28$-0.27$-0.18$-0.12
Low Forecast$-0.22$-0.23$-0.32$-0.34$-0.39$-0.62$-0.21$-0.07$-0.13$1.39$-0.13$-0.33$-0.26$-0.32$-0.28$-0.27$-0.18$-0.12
Surprise %---------0.08%-0.09%1.69%0.55%5.69%0.59%1.50%1.74%1.50%1.33%

According to 1 Wall Street analysts, Sanara MedTech's projected average Quarter EPS for Mar 24 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -748.15% decrease compared to SMTI previous annual EPS of $0.01 (Dec 23).

Sanara MedTech Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ANGOAngioDynamics$6.85$15.00118.98%Buy
SMTISanara MedTech$36.00$44.0022.22%Buy
HAEHaemonetics$90.75$108.2519.28%Buy
NVSTEnvista$20.08$23.1115.09%Hold
KRMDKORU Medical Systems$3.08$3.255.52%Buy
MMSIMerit Medical Systems$101.20$100.78-0.42%Buy
LMATLeMaitre Vascular$101.52$85.25-16.03%Buy
ATRAptarGroup$174.10$138.00-20.74%Buy

SMTI Forecast FAQ


Is Sanara MedTech a good buy?

Yes, according to 1 Wall Street analysts, Sanara MedTech (SMTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of SMTI's total ratings.

What is SMTI's price target?

Sanara MedTech (SMTI) average price target is $44 with a range of $44 to $44, implying a 22.22% from its last price of $36. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sanara MedTech stock go up soon?

According to Wall Street analysts' prediction for SMTI stock, the company can go up by 22.22% (from the last price of $36 to the average price target of $44), up by 22.22% based on the highest stock price target, and up by 22.22% based on the lowest stock price target.

Can Sanara MedTech stock reach $50?

SMTI's average twelve months analyst stock price target of $44 does not support the claim that Sanara MedTech can reach $50 in the near future.

What are Sanara MedTech's analysts' financial forecasts?

Sanara MedTech's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $80.7M (high $81.3M, low $80.1M), average EBITDA is $-16.819M (high $-16.694M, low $-16.944M), average net income is $-10.987M (high $-10.987M, low $-10.987M), average SG&A $86.37M (high $87.01M, low $85.72M), and average EPS is $-1.29 (high $-1.29, low $-1.29). SMTI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $99.1M (high $99.1M, low $99.1M), average EBITDA is $-20.654M (high $-20.654M, low $-20.654M), average net income is $-9.454M (high $-9.454M, low $-9.454M), average SG&A $106.06M (high $106.06M, low $106.06M), and average EPS is $-1.11 (high $-1.11, low $-1.11).

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

Based on Sanara MedTech's last annual report (Dec 2023), the company's revenue was $64.99M, which missed the average analysts forecast of $67.29M by -3.42%. Apple's EBITDA was $-1.241M, missing the average prediction of $-14.024M by -91.15%. The company's net income was $-4.303M, missing the average estimation of $6.8M by -163.30%. Apple's SG&A was $56.99M, missing the average forecast of $72.01M by -20.86%. Lastly, the company's EPS was $-0.52, missing the average prediction of $0.798 by -165.15%. In terms of the last quarterly report (Dec 2023), Sanara MedTech's revenue was $17.69M, beating the average analysts' forecast of $15.39M by 14.94%. The company's EBITDA was $168.26K, missing the average prediction of $-3.207M by -105.25%. Sanara MedTech's net income was $89.01K, missing the average estimation of $-1.107M by -108.04%. The company's SG&A was $16.34M, missing the average forecast of $16.47M by -0.81%. Lastly, the company's EPS was $0.0108, missing the average prediction of $-0.13 by -108.31%