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NASDAQ: NSTG
Nanostring Technologies Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NSTG

Based on 5 analysts offering 12 month price targets for Nanostring Technologies Inc.
Min Forecast
$0.75+48.81%
Avg Forecast
$2.83+461.51%
Max Forecast
$8.00+1,487.3%

Should I buy or sell NSTG stock?

Based on 5 analysts offering ratings for Nanostring Technologies Inc.
Buy
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NSTG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-27
lockedlocked$00.00+00.00%2023-11-21
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-10-24
lockedlocked$00.00+00.00%2023-10-12

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Forecast return on equity

Is NSTG forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is NSTG forecast to generate an efficient return on assets?
Company
N/A
Industry
7.63%

NSTG revenue forecast

What is NSTG's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$177.8M+9.44%
Avg 2 year Forecast
$205.2M+26.32%
Avg 3 year Forecast
$248.4M+52.91%
NSTG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NSTG revenue growth forecast

How is NSTG forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
13.71%
Industry
5.58%
Market
6.46%
NSTG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NSTG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NSTG vs Medical Stocks

TickerPricePrice TargetUp/downsideConsensus
NSTG$0.50$2.83+461.51%Buy
EKSO$1.70N/AN/A
NEPH$2.29N/AN/A
FEMY$0.98$9.00+821.19%Strong Buy
OMIC$0.38$1.00+162.47%Hold
View Top Medical Stocks

Nanostring Technologies Stock Forecast FAQ

Is Nanostring Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: NSTG) stock is to Buy NSTG stock.

Out of 5 analysts, 2 (40%) are recommending NSTG as a Strong Buy, 0 (0%) are recommending NSTG as a Buy, 3 (60%) are recommending NSTG as a Hold, 0 (0%) are recommending NSTG as a Sell, and 0 (0%) are recommending NSTG as a Strong Sell.

If you're new to stock investing, here's how to buy Nanostring Technologies stock.

What is NSTG's revenue growth forecast for 2023-2025?

(NASDAQ: NSTG) Nanostring Technologies's forecast annual revenue growth rate of 13.71% is forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 5.58%, and it is also forecast to beat the US market's average forecast revenue growth rate of 6.46%.

Nanostring Technologies's revenue in 2023 is $162,473,000.On average, 3 Wall Street analysts forecast NSTG's revenue for 2023 to be $8,556,252,818, with the lowest NSTG revenue forecast at $8,546,773,512, and the highest NSTG revenue forecast at $8,565,058,468. On average, 3 Wall Street analysts forecast NSTG's revenue for 2024 to be $9,875,368,059, with the lowest NSTG revenue forecast at $9,715,085,981, and the highest NSTG revenue forecast at $10,076,646,933.

In 2025, NSTG is forecast to generate $11,954,560,061 in revenue, with the lowest revenue forecast at $11,730,280,637 and the highest revenue forecast at $12,178,887,604.

What is NSTG's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: NSTG) forecast ROA is N/A, which is lower than the forecast US Medical Instruments & Supplies industry average of 7.63%.

What is NSTG's Price Target?

According to 5 Wall Street analysts that have issued a 1 year NSTG price target, the average NSTG price target is $2.83, with the highest NSTG stock price forecast at $8.00 and the lowest NSTG stock price forecast at $0.75.

On average, Wall Street analysts predict that Nanostring Technologies's share price could reach $2.83 by Nov 27, 2024. The average Nanostring Technologies stock price prediction forecasts a potential upside of 461.51% from the current NSTG share price of $0.50.

What is NSTG's forecast return on equity (ROE) for 2023-2025?

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