Tactile Systems (TCMD) Stock Forecast, Price Target & Predictions
TCMD Stock Forecast
Tactile Systems stock forecast is as follows: an average price target of $16.00 (represents a 15.44% upside from TCMD’s last price of $13.86) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
TCMD Price Target
The average price target for Tactile Systems (TCMD) is $16.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $16.00. This represents a potential 15.44% upside from TCMD's last price of $13.86.
TCMD Analyst Ratings
According to 1 Wall Street analysts, Tactile Systems's rating consensus is 'Buy'. The analyst rating breakdown for TCMD 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%).
Tactile Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Sean Lavin | BTIG | $16.00 | $13.25 | 20.75% | 15.44% |
The latest Tactile Systems stock forecast, released on Aug 26, 2024 by Sean Lavin from BTIG, set a price target of $16.00, which represents a 20.75% increase from the stock price at the time of the forecast ($13.25), and a 15.44% increase from TCMD last price ($13.86).
Tactile Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $16.00 | $16.00 | $16.00 |
| Last Closing Price | $13.86 | $13.86 | $13.86 |
| Upside/Downside | 15.44% | 15.44% | 15.44% |
In the current month, the average price target of Tactile Systems stock is $16.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 15.44% increase as opposed to Tactile Systems's last price of $13.86. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | BTIG | Buy | Buy | Hold |
| Jul 18, 2022 | BTIG | Buy | Buy | Hold |
Tactile Systems's last stock rating was published by BTIG on Aug 26, 2024. The company gave TCMD a "Buy" rating, the same as its previous rate.
Tactile Systems Financial Forecast
Tactile Systems 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $69.59M | $68.34M | $58.85M | $73.90M | $65.26M | - | $47.98M | $61.73M | $52.50M | $51.06M | $42.77M | $59.24M | $49.09M | $35.12M | $43.67M | $57.06M | $49.61M | $45.20M | $37.62M | $46.45M | $36.32M |
| Avg Forecast | $94.24M | $84.47M | $81.32M | $67.71M | $84.82M | $75.91M | $72.95M | $59.17M | $78.34M | $69.08M | $65.28M | $53.94M | $70.53M | $60.05M | $56.88M | $44.94M | $58.05M | $57.44M | $49.92M | $41.74M | $58.22M | $46.58M | $36.89M | $43.55M | $55.47M | $45.48M | $42.60M | $33.30M | $36.95M | $26.97M |
| High Forecast | $94.76M | $84.94M | $81.77M | $68.09M | $85.29M | $76.26M | $73.36M | $59.50M | $79.29M | $70.07M | $65.64M | $54.24M | $70.92M | $60.38M | $56.88M | $45.46M | $58.72M | $58.10M | $50.50M | $42.22M | $58.89M | $47.12M | $37.32M | $44.05M | $56.11M | $46.01M | $43.09M | $33.68M | $44.34M | $32.36M |
| Low Forecast | $93.45M | $83.76M | $80.64M | $67.14M | $84.10M | $75.40M | $72.34M | $58.68M | $77.64M | $68.11M | $64.72M | $53.49M | $69.94M | $59.54M | $56.88M | $44.51M | $57.50M | $56.89M | $49.44M | $41.34M | $57.66M | $46.14M | $36.54M | $43.13M | $54.94M | $45.05M | $42.19M | $32.98M | $29.56M | $21.58M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 1.05% | 1.09% | 1.05% | 1.09% | - | 1.07% | 1.06% | 0.91% | 1.02% | 1.02% | 1.02% | 1.05% | 0.95% | 1.00% | 1.03% | 1.09% | 1.06% | 1.13% | 1.26% | 1.35% |
Tactile Systems's average Quarter revenue forecast for Dec 23 based on 3 analysts is $78.34M, with a low forecast of $77.64M, and a high forecast of $79.29M. TCMD's average Quarter revenue forecast represents a 12.59% increase compared to the company's last Quarter revenue of $69.59M (Sep 23).
Tactile Systems 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | $7.99M | $2.06M | $-2.18M | $9.45M | $2.37M | - | $-7.80M | $4.92M | $-624.00K | $535.00K | $-3.44M | $8.87M | $2.33M | $-7.21M | $-3.46M | $7.16M | $4.11M | $4.04M | $-645.00K | $3.43M | $2.29M |
| Avg Forecast | $3.30M | $2.96M | $2.85M | $2.37M | $2.97M | $2.66M | $2.55M | $-12.43M | $2.74M | $2.42M | $2.29M | $-11.30M | $2.47M | $-2.11M | $1.99M | $-8.94M | $42.50M | $-1.92M | $2.65M | $-4.13M | $425.17K | $8.37M | $-9.17M | $-4.66M | $8.01M | $3.74M | $4.45M | $-1.94M | $2.55M | $1.49M |
| High Forecast | $3.32M | $2.97M | $2.86M | $2.38M | $2.99M | $2.67M | $2.57M | $-9.95M | $2.78M | $2.45M | $2.30M | $-9.04M | $2.48M | $-1.69M | $1.99M | $-7.15M | $51.00M | $-1.54M | $3.18M | $-3.30M | $510.20K | $10.04M | $-7.34M | $-3.73M | $9.62M | $4.49M | $5.34M | $-1.55M | $3.06M | $1.79M |
| Low Forecast | $3.27M | $2.93M | $2.82M | $2.35M | $2.94M | $2.64M | $2.53M | $-14.92M | $2.72M | $2.38M | $2.27M | $-13.56M | $2.45M | $-2.53M | $1.99M | $-10.72M | $34.00M | $-2.30M | $2.12M | $-4.96M | $340.13K | $6.70M | $-11.01M | $-5.60M | $6.41M | $2.99M | $3.56M | $-2.32M | $2.04M | $1.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | 3.30% | 0.90% | 0.19% | 3.83% | -1.12% | - | 0.87% | 0.12% | 0.33% | 0.20% | 0.83% | 20.86% | 0.28% | 0.79% | 0.74% | 0.89% | 1.10% | 0.91% | 0.33% | 1.35% | 1.53% |
3 analysts predict TCMD's average Quarter EBITDA for Dec 23 to be $2.74M, with a high of $2.78M and a low of $2.72M. This is -65.67% lower than Tactile Systems's previous annual EBITDA (Sep 23) of $7.99M.
Tactile Systems 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | $22.30M | $-100.00K | $-1.89M | $4.62M | $-2.28M | - | $-15.57M | $-7.50M | $-3.35M | $1.30M | $-2.27M | $12.11M | $2.42M | $-13.85M | $-1.31M | $4.28M | $2.43M | $2.79M | $1.47M | $2.35M | $1.75M |
| Avg Forecast | $9.84M | $6.12M | $4.93M | $-782.62K | $7.41M | $4.21M | $3.48M | $-13.98M | $5.10M | $662.72K | $-1.20M | $-12.71M | $3.45M | $-11.35M | $-2.76M | $-10.04M | $-64.76M | $-10.32M | $6.46M | $-2.72M | $14.12K | $8.73M | $-17.63M | $-1.76M | $4.80M | $2.21M | $3.06M | $4.42M | $1.75M | $1.14M |
| High Forecast | $9.91M | $6.16M | $4.96M | $-774.03K | $7.47M | $4.71M | $3.51M | $-11.18M | $5.50M | $828.40K | $-1.19M | $-10.16M | $3.48M | $-9.08M | $-2.76M | $-8.04M | $-51.81M | $-8.25M | $7.75M | $-2.18M | $16.95K | $10.47M | $-14.10M | $-1.41M | $5.76M | $2.65M | $3.68M | $5.30M | $2.10M | $1.37M |
| Low Forecast | $9.73M | $6.05M | $4.87M | $-788.25K | $7.33M | $3.97M | $3.45M | $-16.77M | $4.32M | $497.04K | $-1.21M | $-15.25M | $3.42M | $-13.62M | $-2.76M | $-12.05M | $-77.71M | $-12.38M | $5.17M | $-3.26M | $11.30K | $6.98M | $-21.15M | $-2.12M | $3.84M | $1.77M | $2.45M | $3.53M | $1.40M | $912.39K |
| Surprise % | - | - | - | - | - | - | - | - | - | 33.65% | 0.08% | 0.15% | 1.34% | 0.20% | - | 1.55% | 0.12% | 0.33% | 0.20% | 0.83% | 857.68% | 0.28% | 0.79% | 0.74% | 0.89% | 1.10% | 0.91% | 0.33% | 1.35% | 1.53% |
Tactile Systems's average Quarter net income forecast for Dec 23 is $5.10M, with a range of $4.32M to $5.50M. TCMD's average Quarter net income forecast represents a -77.11% decrease compared to the company's last Quarter net income of $22.30M (Sep 23).
Tactile Systems 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | $42.48M | $43.20M | $41.74M | $40.51M | $42.84M | - | $40.15M | $38.83M | $36.73M | $35.08M | $33.04M | $33.49M | $32.08M | $31.77M | $33.84M | $33.86M | $30.70M | $27.22M | $26.78M | $28.54M | $23.59M |
| Avg Forecast | $62.41M | $55.93M | $53.85M | $44.84M | $56.17M | $50.26M | $48.31M | $36.04M | $51.88M | $45.75M | $43.22M | $32.77M | $46.71M | $39.76M | $37.66M | $25.90M | $38.44M | $38.03M | $33.06M | $39.65M | $19.53M | $30.84M | $24.43M | $28.84M | $37.92M | $27.91M | $29.95M | $22.05M | $21.20M | $15.41M |
| High Forecast | $62.75M | $56.24M | $54.15M | $45.08M | $56.48M | $50.50M | $48.58M | $43.25M | $52.50M | $46.40M | $43.46M | $39.32M | $46.96M | $39.98M | $37.66M | $31.08M | $38.88M | $38.47M | $33.44M | $47.58M | $23.43M | $31.20M | $24.71M | $29.17M | $45.51M | $33.49M | $35.93M | $22.30M | $25.44M | $18.49M |
| Low Forecast | $61.88M | $55.46M | $53.40M | $44.46M | $55.69M | $49.92M | $47.90M | $28.83M | $51.41M | $45.10M | $42.86M | $26.21M | $46.31M | $39.43M | $37.66M | $20.72M | $38.07M | $37.67M | $32.74M | $31.72M | $15.62M | $30.55M | $24.20M | $28.56M | $30.34M | $22.33M | $23.96M | $21.84M | $16.96M | $12.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.93% | 1.00% | 1.27% | 0.87% | 1.08% | - | 1.55% | 1.01% | 0.97% | 1.06% | 0.83% | 1.71% | 1.04% | 1.30% | 1.17% | 0.89% | 1.10% | 0.91% | 1.21% | 1.35% | 1.53% |
Tactile Systems's average Quarter SG&A projection for Dec 23 is $51.88M, based on 3 Wall Street analysts, with a range of $51.41M to $52.50M. The forecast indicates a 22.13% rise compared to TCMD last annual SG&A of $42.48M (Sep 23).
Tactile Systems 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 7 | 7 | 8 | 7 | 10 | 9 | 6 | 11 | 6 | 14 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.09 | $0.23 | $-0.11 | - | $-0.78 | $-0.38 | $-0.17 | $0.07 | $-0.12 | $0.62 | $0.12 | $-0.72 | $-0.07 | $0.22 | $0.13 | $0.15 | $0.08 | $0.13 | $0.10 |
| Avg Forecast | $0.41 | $0.25 | $0.20 | $-0.03 | $0.31 | $0.17 | $0.14 | $-0.08 | $0.21 | $0.03 | $-0.05 | $-0.24 | $0.14 | $-0.06 | $-0.12 | $-0.28 | $-0.00 | $0.12 | $0.01 | $-0.15 | $0.25 | $-0.06 | $-0.22 | $-0.02 | $0.25 | $0.11 | $0.06 | $-0.08 | $0.10 | $0.03 |
| High Forecast | $0.41 | $0.26 | $0.21 | $-0.03 | $0.31 | $0.20 | $0.15 | $-0.08 | $0.23 | $0.03 | $-0.05 | $-0.24 | $0.14 | $-0.05 | $-0.12 | $-0.27 | $-0.00 | $0.12 | $0.01 | $-0.15 | $0.25 | $-0.06 | $-0.22 | $-0.02 | $0.26 | $0.11 | $0.06 | $-0.08 | $0.12 | $0.04 |
| Low Forecast | $0.40 | $0.25 | $0.20 | $-0.03 | $0.30 | $0.16 | $0.14 | $-0.08 | $0.18 | $0.02 | $-0.05 | $-0.24 | $0.14 | $-0.06 | $-0.12 | $-0.28 | $-0.00 | $0.12 | $0.01 | $-0.16 | $0.24 | $-0.06 | $-0.22 | $-0.02 | $0.25 | $0.10 | $0.06 | $-0.08 | $0.08 | $0.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.09% | 0.37% | 1.60% | 2.00% | - | 2.81% | 147.57% | -1.42% | 7.00% | 0.78% | 2.51% | -2.00% | 3.25% | 2.88% | 0.87% | 1.23% | 2.44% | -0.98% | 1.30% | 3.33% |
According to 2 Wall Street analysts, Tactile Systems's projected average Quarter EPS for Mar 23 is $-0.24, with a low estimate of $-0.24 and a high estimate of $-0.24. This represents a -203.70% decrease compared to TCMD previous annual EPS of $0.23 (Dec 22).
Tactile Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CVRX | CVRx | $7.85 | $15.83 | 101.66% | Buy |
| IRTC | iRhythm | $76.61 | $144.20 | 88.23% | Buy |
| OFIX | Orthofix Medical | $16.76 | $31.00 | 84.96% | - |
| NPCE | NeuroPace | $7.43 | $12.88 | 73.35% | Buy |
| FNA | Paragon 28 | $7.39 | $11.50 | 55.62% | Buy |
| SGHT | Sight Sciences | $6.95 | $10.33 | 48.63% | Hold |
| LUNG | Pulmonx | $8.31 | $12.25 | 47.41% | Buy |
| LIVN | LivaNova | $48.53 | $71.25 | 46.82% | Buy |
| CNMD | CONMED | $75.40 | $101.00 | 33.95% | Buy |
| KIDS | OrthoPediatrics | $32.28 | $40.80 | 26.39% | Buy |
| RXST | RxSight | $54.96 | $68.60 | 24.82% | Buy |
| TCMD | Tactile Systems | $13.86 | $16.00 | 15.44% | Buy |
| SRDX | Surmodics | $39.36 | $39.50 | 0.36% | Buy |
TCMD Forecast FAQ
Is Tactile Systems a good buy?
Yes, according to 1 Wall Street analysts, Tactile Systems (TCMD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of TCMD's total ratings.
What is TCMD's price target?
Tactile Systems (TCMD) average price target is $16 with a range of $16 to $16, implying a 15.44% from its last price of $13.86. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Tactile Systems stock go up soon?
According to Wall Street analysts' prediction for TCMD stock, the company can go up by 15.44% (from the last price of $13.86 to the average price target of $16), up by 15.44% based on the highest stock price target, and up by 15.44% based on the lowest stock price target.
Can Tactile Systems stock reach $20?
TCMD's average twelve months analyst stock price target of $16 does not support the claim that Tactile Systems can reach $20 in the near future.
What is Tactile Systems's current price target trend?
1 Wall Street analyst forecast a $16 price target for Tactile Systems (TCMD) this month, up 15.44% from its last price of $13.86. Compared to the last 3 and 12 months, the average price target increased by 15.44% and increased by 15.44%, respectively.
What are Tactile Systems's analysts' financial forecasts?
Tactile Systems's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $292.86M (high $294.41M, low $290.51M), average EBITDA is $-4.253M (high $-1.723M, low $-6.804M), average net income is $1.13M (high $4.5M, low $-2.028M), average SG&A $190.78M (high $198.8M, low $182.35M), and average EPS is $0.55 (high $0.574, low $0.534). TCMD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $327.75M (high $329.56M, low $324.98M), average EBITDA is $11.47M (high $11.54M, low $11.38M), average net income is $20.11M (high $20.27M, low $19.87M), average SG&A $217.03M (high $218.23M, low $215.2M), and average EPS is $0.834 (high $0.841, low $0.825).
Did the TCMD's actual financial results beat the analysts' financial forecasts?
Based on Tactile Systems's last annual report (Dec 2022), the company's revenue was $246.78M, beating the average analysts forecast of $232.4M by 6.19%. Apple's EBITDA was $1.67M, missing the average prediction of $-6.585M by -125.42%. The company's net income was $-17.866M, missing the average estimation of $-20.699M by -13.69%. Apple's SG&A was $167.21M, beating the average forecast of $150.03M by 11.45%. Lastly, the company's EPS was $-0.89, beating the average prediction of $-0.306 by 191.00%. In terms of the last quarterly report (Sep 2023), Tactile Systems's revenue was $69.59M, beating the average analysts' forecast of $69.08M by 0.73%. The company's EBITDA was $7.99M, beating the average prediction of $2.42M by 230.31%. Tactile Systems's net income was $22.3M, beating the average estimation of $662.72K by 3264.75%. The company's SG&A was $42.48M, missing the average forecast of $45.75M by -7.14%. Lastly, the company's EPS was $0, missing the average prediction of $0.0275 by -100.00%