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NASDAQ: MODD
Modular Medical Inc Stock Forecast, Predictions & Price Target

Analyst price target for MODD

Based on 2 analysts offering 12 month price targets for Modular Medical Inc.
Min Forecast
$3.50+215.32%
Avg Forecast
$4.25+282.88%
Max Forecast
$5.00+350.45%

Should I buy or sell MODD stock?

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

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MODD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Bottom 5%
5
BuyReiterates$3.50+215.32%2023-09-19
Benchmark
Bottom 5%
5
BuyReiterates$5.00+350.45%2023-06-30

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Forecast return on equity

Is MODD forecast to generate an efficient return?
Company
-282.95%
Industry
0%
Market
28.71%
MODD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MODD forecast to generate an efficient return on assets?
Company
-239.26%
Industry
0%
MODD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MODD vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
MODD$1.11$4.25+282.88%Buy
ELUT$1.44$6.33+339.79%Strong Buy
MYO$1.12$2.00+78.57%Strong Buy
NMTC$0.93$2.20+136.56%Strong Buy
NSYS$8.98N/AN/A

Modular Medical Stock Forecast FAQ

Is Modular Medical Stock a good buy in 2023, according to Wall Street analysts?

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

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

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

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

(NASDAQ: MODD) forecast ROE is -282.95%, which is considered weak.

What is MODD's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MODD price target, the average MODD price target is $4.25, with the highest MODD stock price forecast at $5.00 and the lowest MODD stock price forecast at $3.50.

On average, Wall Street analysts predict that Modular Medical's share price could reach $4.25 by Sep 19, 2024. The average Modular Medical stock price prediction forecasts a potential upside of 282.88% from the current MODD share price of $1.11.

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

(NASDAQ: MODD) forecast ROA is -239.26%, which is lower than the forecast US Medical Devices industry average of 0%.
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