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 -5.88% downside from TCMD’s last price of $17.00) and a rating consensus of 'Buy', based on 2 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 2 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $16.00. This represents a potential -5.88% downside from TCMD's last price of $17.00.
TCMD Analyst Ratings
According to 2 Wall Street analysts, Tactile Systems's rating consensus is 'Buy'. The analyst rating breakdown for TCMD stock is 0 'Strong Buy' (0.00%), 2 '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% | -5.88% |
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 -5.88% decrease from TCMD last price ($17.00).
Tactile Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $16.00 |
| Last Closing Price | $17.00 | $17.00 | $17.00 |
| Upside/Downside | -100.00% | -100.00% | -5.88% |
In the current month, the average price target of Tactile Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tactile Systems's last price of $17.00. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 05, 2024 | Oppenheimer | Perform | Downgrade | |
| Sep 25, 2024 | B. Riley | Buy | Initialise | |
| Aug 26, 2024 | BTIG | Buy | Buy | Hold |
| Jul 18, 2022 | BTIG | Buy | Buy | Hold |
Tactile Systems's last stock rating was published by Oppenheimer on Nov 05, 2024. The company Downgrade its TCMD rating from "null" to "Perform".
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 | 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 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $69.59M | $68.34M | $58.85M | $73.90M | $65.26M | $59.65M | $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 | $26.85M | $19.85M |
| Avg Forecast | $94.13M | $80.94M | $79.76M | $66.89M | $85.40M | $76.02M | $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 | $47.81M | $30.88M |
| High Forecast | $95.28M | $81.93M | $80.73M | $67.97M | $86.06M | $76.07M | $73.03M | $59.90M | $79.29M | $70.07M | $66.07M | $54.60M | $71.39M | $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 | $57.37M | $37.05M |
| Low Forecast | $92.94M | $79.91M | $78.74M | $65.77M | $84.60M | $75.96M | $72.88M | $58.42M | $77.64M | $68.11M | $64.45M | $53.26M | $69.64M | $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 | $38.25M | $24.70M |
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 1.05% | 1.09% | 1.05% | 1.09% | 1.05% | 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% | 0.56% | 0.64% |
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 | 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 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | $7.99M | $2.06M | $-2.18M | $9.45M | $2.37M | $-2.34M | $-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 | $-1.27M | $-2.58M |
| Avg Forecast | $2.47M | $2.12M | $2.09M | $1.75M | $2.24M | $1.99M | $1.91M | $-12.43M | $2.05M | $1.81M | $1.71M | $-11.30M | $46.75M | $2.10M | $1.99M | $-8.94M | $2.03M | $2.01M | $1.75M | $-4.13M | $2.04M | $1.63M | $1.29M | $-4.66M | $1.94M | $1.59M | $1.49M | $-1.94M | $-2.27M | $-3.50M |
| High Forecast | $2.50M | $2.15M | $2.11M | $1.78M | $2.25M | $1.99M | $1.91M | $-9.95M | $2.08M | $1.84M | $1.73M | $-9.04M | $56.10M | $2.10M | $1.99M | $-7.15M | $2.03M | $2.01M | $1.75M | $-3.30M | $2.04M | $1.63M | $1.29M | $-3.73M | $1.94M | $1.59M | $1.49M | $-1.55M | $-1.81M | $-2.80M |
| Low Forecast | $2.43M | $2.09M | $2.06M | $1.72M | $2.22M | $1.99M | $1.91M | $-14.92M | $2.03M | $1.78M | $1.69M | $-13.56M | $37.40M | $2.10M | $1.99M | $-10.72M | $2.03M | $2.01M | $1.75M | $-4.96M | $2.04M | $1.63M | $1.29M | $-5.60M | $1.94M | $1.59M | $1.49M | $-2.32M | $-2.72M | $-4.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | 4.41% | 1.20% | 0.19% | 0.20% | 1.13% | -1.18% | 0.87% | 2.42% | -0.31% | 0.31% | 0.83% | 4.35% | 1.43% | -5.58% | 0.74% | 3.68% | 2.58% | 2.71% | 0.33% | 0.56% | 0.74% |
3 analysts predict TCMD's average Quarter EBITDA for Dec 23 to be $2.05M, with a high of $2.08M and a low of $2.03M. This is -74.31% 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 | 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 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | $22.30M | $-100.00K | $-1.89M | $4.62M | $-2.28M | $-4.64M | $-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 | $-50.00K | $-1.50M |
| Avg Forecast | $10.19M | $6.73M | $4.73M | $-1.21M | $7.64M | $4.43M | $3.51M | $-13.98M | $5.14M | $666.99K | $-1.21M | $-12.71M | $-71.23M | $-1.33M | $-2.81M | $-10.04M | $-62.05K | $2.89M | $240.99K | $-2.72M | $5.96M | $-1.45M | $-5.34M | $-1.76M | $6.09M | $2.55M | $1.48M | $4.42M | $-89.04K | $-2.04M |
| High Forecast | $10.35M | $6.84M | $4.80M | $1.21M | $8.10M | $4.53M | $3.56M | $-11.18M | $5.53M | $833.74K | $-1.19M | $-10.16M | $-56.99M | $-1.33M | $-2.81M | $-8.04M | $-62.05K | $2.89M | $240.99K | $-2.18M | $5.96M | $-1.45M | $-5.34M | $-1.41M | $6.09M | $2.55M | $1.48M | $5.30M | $-71.23K | $-1.63M |
| Low Forecast | $10.02M | $6.62M | $4.65M | $-3.94M | $7.18M | $4.34M | $3.45M | $-16.77M | $4.35M | $500.24K | $-1.23M | $-15.25M | $-85.48M | $-1.33M | $-2.81M | $-12.05M | $-62.05K | $2.89M | $240.99K | $-3.26M | $5.96M | $-1.45M | $-5.34M | $-2.12M | $6.09M | $2.55M | $1.48M | $3.53M | $-106.84K | $-2.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | 33.43% | 0.08% | 0.15% | -0.06% | 1.72% | 1.65% | 1.55% | 120.78% | -1.16% | 5.42% | 0.83% | 2.03% | -1.68% | 2.60% | 0.74% | 0.70% | 0.95% | 1.88% | 0.33% | 0.56% | 0.74% |
Tactile Systems's average Quarter net income forecast for Dec 23 is $5.14M, with a range of $4.35M to $5.53M. TCMD's average Quarter net income forecast represents a -76.96% 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 | 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 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | $42.48M | $43.20M | $41.74M | $40.51M | $42.84M | $43.72M | $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 | $19.93M | $16.04M |
| Avg Forecast | $62.33M | $53.60M | $52.81M | $44.29M | $56.55M | $50.34M | $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 | $38.55M | $30.84M | $24.43M | $28.84M | $36.73M | $30.12M | $28.21M | $22.05M | $35.49M | $21.77M |
| High Forecast | $63.09M | $54.25M | $53.46M | $45.01M | $56.99M | $50.37M | $48.36M | $43.25M | $52.50M | $46.40M | $43.75M | $39.32M | $47.28M | $39.76M | $37.66M | $31.08M | $38.44M | $38.03M | $33.06M | $47.58M | $38.55M | $30.84M | $24.43M | $28.84M | $36.73M | $30.12M | $28.21M | $22.05M | $42.59M | $26.12M |
| Low Forecast | $61.54M | $52.92M | $52.14M | $43.55M | $56.02M | $50.30M | $48.26M | $28.83M | $51.41M | $45.10M | $42.67M | $26.21M | $46.11M | $39.76M | $37.66M | $20.72M | $38.44M | $38.03M | $33.06M | $31.72M | $38.55M | $30.84M | $24.43M | $28.84M | $36.73M | $30.12M | $28.21M | $22.05M | $28.39M | $17.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.93% | 1.00% | 1.27% | 0.87% | 1.08% | 1.16% | 1.55% | 1.01% | 0.97% | 1.06% | 0.83% | 0.87% | 1.04% | 1.30% | 1.17% | 0.92% | 1.02% | 0.97% | 1.21% | 0.56% | 0.74% |
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 | 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 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.09 | $0.23 | $-0.11 | $-0.23 | $-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 | $-0.00 | $-0.09 |
| Avg Forecast | $0.42 | $0.28 | $0.20 | $-0.05 | $0.32 | $0.18 | $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 | $-0.23 | $-0.19 |
| High Forecast | $0.43 | $0.28 | $0.20 | $0.05 | $0.33 | $0.19 | $0.15 | $-0.08 | $0.23 | $0.03 | $-0.05 | $-0.23 | $0.15 | $-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 | $-0.19 | $-0.15 |
| Low Forecast | $0.41 | $0.27 | $0.19 | $-0.16 | $0.30 | $0.18 | $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 | $-0.15 | $0.25 | $-0.06 | $-0.22 | $-0.02 | $0.25 | $0.11 | $0.06 | $-0.08 | $-0.28 | $-0.23 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.09% | 0.37% | 1.60% | 2.00% | 1.97% | 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% | 0.01% | 0.47% |
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 $-0.23. 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 |
|---|---|---|---|---|---|
| LUNG | Pulmonx | $6.13 | $13.00 | 112.07% | Buy |
| SGHT | Sight Sciences | $3.62 | $7.50 | 107.18% | Hold |
| RXST | RxSight | $38.04 | $70.14 | 84.38% | Buy |
| KIDS | OrthoPediatrics | $22.46 | $39.50 | 75.87% | Buy |
| LIVN | LivaNova | $49.94 | $68.25 | 36.66% | Buy |
| CNMD | CONMED | $71.23 | $97.00 | 36.18% | Buy |
| OFIX | Orthofix Medical | $17.93 | $24.00 | 33.85% | |
| NPCE | NeuroPace | $11.52 | $15.00 | 30.21% | Buy |
| IRTC | iRhythm | $91.45 | $111.38 | 21.79% | Buy |
| FNA | Paragon 28 | $10.36 | $11.50 | 11.00% | Buy |
| CVRX | CVRx | $13.16 | $14.25 | 8.28% | Buy |
| SRDX | Surmodics | $39.96 | $39.50 | -1.15% | Buy |
| TCMD | Tactile Systems | $17.82 | $16.00 | -10.21% | Buy |