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NASDAQ: OM
Outset Medical Inc Stock Forecast, Predictions & Price Target

Analyst price target for OM

Based on 3 analysts offering 12 month price targets for Outset Medical Inc.
Min Forecast
$5.50+144.44%
Avg Forecast
$5.83+159.24%
Max Forecast
$6.00+166.67%

Should I buy or sell OM stock?

Based on 3 analysts offering ratings for Outset Medical Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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OM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-01-12
lockedlocked$00.00+00.00%2023-12-04

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Forecast return on equity

Is OM forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

Is OM forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

OM revenue forecast

What is OM's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$149.3M+14.54%
Avg 2 year Forecast
$174.0M+33.47%
Avg 3 year Forecast
$211.2M+61.95%
OM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OM revenue growth forecast

How is OM forecast to perform vs Medical Devices companies and vs the US market?
Company
16.77%
Industry
8.34%
Market
10.23%
OM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OM vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
OM$2.25$5.83+159.24%Buy
DCTH$4.70$20.00+325.99%Buy
XTNT$0.84$2.00+138.95%Strong Buy
ELMD$13.94N/AN/A
TELA$5.15$13.67+165.38%Strong Buy

Outset Medical Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NASDAQ: OM) stock is to Buy OM stock.

Out of 3 analysts, 1 (33.33%) are recommending OM as a Strong Buy, 0 (0%) are recommending OM as a Buy, 2 (66.67%) are recommending OM as a Hold, 0 (0%) are recommending OM as a Sell, and 0 (0%) are recommending OM as a Strong Sell.

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

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

(NASDAQ: OM) Outset Medical's forecast annual revenue growth rate of 16.77% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.34%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Outset Medical's revenue in 2024 is $130,376,000.On average, 4 Wall Street analysts forecast OM's revenue for 2024 to be $7,541,862,125, with the lowest OM revenue forecast at $7,515,750,687, and the highest OM revenue forecast at $7,580,903,018. On average, 4 Wall Street analysts forecast OM's revenue for 2025 to be $8,788,746,427, with the lowest OM revenue forecast at $8,369,296,730, and the highest OM revenue forecast at $9,045,567,825.

In 2026, OM is forecast to generate $10,664,274,965 in revenue, with the lowest revenue forecast at $10,555,687,747 and the highest revenue forecast at $10,772,862,184.

What is OM's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: OM) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is OM's Price Target?

According to 3 Wall Street analysts that have issued a 1 year OM price target, the average OM price target is $5.83, with the highest OM stock price forecast at $6.00 and the lowest OM stock price forecast at $5.50.

On average, Wall Street analysts predict that Outset Medical's share price could reach $5.83 by Apr 8, 2025. The average Outset Medical stock price prediction forecasts a potential upside of 159.24% from the current OM share price of $2.25.

What is OM's forecast return on equity (ROE) for 2024-2027?

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