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NASDAQ: KRMD
Koru Medical Systems Inc Stock Forecast, Predictions & Price Target

Analyst price target for KRMD

Based on 2 analysts offering 12 month price targets for Koru Medical Systems Inc.
Min Forecast
$3.00+40.19%
Avg Forecast
$3.50+63.55%
Max Forecast
$4.00+86.92%

Should I buy or sell KRMD stock?

Based on 2 analysts offering ratings for Koru Medical Systems Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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KRMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2023-12-07

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Forecast return on equity

Is KRMD forecast to generate an efficient return?
Company
N/A
Industry
0.24%
Market
19.68%

Forecast return on assets

Is KRMD forecast to generate an efficient return on assets?
Company
N/A
Industry
0.1%

KRMD revenue forecast

What is KRMD's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$31.8M+11.4%
Avg 2 year Forecast
$39.6M+38.86%
Avg 3 year Forecast
$47.2M+65.41%
KRMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

KRMD revenue growth forecast

How is KRMD forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
17.73%
Industry
7.75%
Market
9.3%
KRMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KRMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KRMD vs Medical Stocks

TickerPricePrice TargetUp/downsideConsensus
KRMD$2.14$3.50+63.55%Strong Buy
ZTEK$1.12N/AN/A
PDEX$18.75N/AN/A
BNGO$0.79$6.00+655.67%Buy
MLSS$0.56N/AN/A

Koru Medical Systems Stock Forecast FAQ

Is Koru Medical Systems Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: KRMD) stock is to Strong Buy KRMD stock.

Out of 2 analysts, 2 (100%) are recommending KRMD as a Strong Buy, 0 (0%) are recommending KRMD as a Buy, 0 (0%) are recommending KRMD as a Hold, 0 (0%) are recommending KRMD as a Sell, and 0 (0%) are recommending KRMD as a Strong Sell.

If you're new to stock investing, here's how to buy Koru Medical Systems stock.

What is KRMD's revenue growth forecast for 2024-2026?

(NASDAQ: KRMD) Koru Medical Systems's forecast annual revenue growth rate of 17.73% is forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 7.75%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Koru Medical Systems's revenue in 2024 is $28,517,666.On average, 2 Wall Street analysts forecast KRMD's revenue for 2024 to be $1,452,222,585, with the lowest KRMD revenue forecast at $1,444,451,800, and the highest KRMD revenue forecast at $1,459,993,370. On average, 2 Wall Street analysts forecast KRMD's revenue for 2025 to be $1,810,135,800, with the lowest KRMD revenue forecast at $1,782,709,500, and the highest KRMD revenue forecast at $1,837,562,100.

In 2026, KRMD is forecast to generate $2,156,164,285 in revenue, with the lowest revenue forecast at $2,156,164,285 and the highest revenue forecast at $2,156,164,285.

What is KRMD's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: KRMD) forecast ROA is N/A, which is lower than the forecast US Medical Instruments & Supplies industry average of 0.1%.

What is KRMD's Price Target?

According to 2 Wall Street analysts that have issued a 1 year KRMD price target, the average KRMD price target is $3.50, with the highest KRMD stock price forecast at $4.00 and the lowest KRMD stock price forecast at $3.00.

On average, Wall Street analysts predict that Koru Medical Systems's share price could reach $3.50 by Mar 14, 2025. The average Koru Medical Systems stock price prediction forecasts a potential upside of 63.55% from the current KRMD share price of $2.14.

What is KRMD's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: KRMD) forecast ROE is N/A, which is considered weak.
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