Is Cardio Diagnostics Holdings Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: CDIO) stock is to Buy CDIO stock.
Out of 1 analyst, 0 (0%) are recommending CDIO as a Strong Buy, 1 (100%) are recommending CDIO as a Buy, 0 (0%) are recommending CDIO as a Hold, 0 (0%) are recommending CDIO as a Sell, and 0 (0%) are recommending CDIO as a Strong Sell.
What is CDIO's earnings growth forecast for 2024-2024?
(NASDAQ: CDIO) Cardio Diagnostics Holdings's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 16.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.33%.
Cardio Diagnostics Holdings's earnings in 2024 is -$8,772,890.
In 2024, CDIO is forecast to generate -$13,168,346 in earnings, with the lowest earnings forecast at -$13,168,346 and the highest earnings forecast at -$13,168,346.
What is CDIO's revenue growth forecast for 2024-2024?
(NASDAQ: CDIO) Cardio Diagnostics Holdings's forecast annual revenue growth rate of 1,643.22% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 53.36%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.2%.
Cardio Diagnostics Holdings's revenue in 2024 is $39,138.
In 2024, CDIO is forecast to generate $16,280,864 in revenue, with the lowest revenue forecast at $16,280,864 and the highest revenue forecast at $16,280,864.
What is CDIO's forecast return on assets (ROA) for 2024-2026?
(NASDAQ: CDIO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 24.04%.
What is CDIO's Price Target?
According to 1 Wall Street analyst that have issued a 1 year CDIO price target, the average CDIO price target is $2.00, with the highest CDIO stock price forecast at $2.00 and the lowest CDIO stock price forecast at $2.00.
The Wall Street analyst predicted that Cardio Diagnostics Holdings's share price could reach $2.00 by Aug 27, 2025. The average Cardio Diagnostics Holdings stock price prediction forecasts a potential upside of 589.66% from the current CDIO share price of $0.29.
What is CDIO's Earnings Per Share (EPS) forecast for 2024-2024?
(NASDAQ: CDIO) Cardio Diagnostics Holdings's current Earnings Per Share (EPS) is -$0.42. In 2024, CDIO's EPS is forecast to hit -$0.55 (min: -$0.55, max: -$0.55).
What is CDIO's forecast return on equity (ROE) for 2024-2026?
(NASDAQ: CDIO) forecast ROE is N/A, which is considered weak.
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