Is Oncocyte Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: OCX) stock is to Buy OCX stock.
Out of 4 analysts, 0 (0%) are recommending OCX as a Strong Buy, 2 (50%) are recommending OCX as a Buy, 2 (50%) are recommending OCX as a Hold, 0 (0%) are recommending OCX as a Sell, and 0 (0%) are recommending OCX as a Strong Sell.
What is OCX's revenue growth forecast for 2024-2024?
(NASDAQ: OCX) Oncocyte's forecast annual revenue growth rate of N/A is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Oncocyte's revenue in 2024 is $1,503,000.
In 2024, OCX is forecast to generate $23,991,912 in revenue, with the lowest revenue forecast at $23,991,912 and the highest revenue forecast at $23,991,912.
What is OCX's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: OCX) forecast ROA is 30.93%, which is higher than the forecast US Diagnostics & Research industry average of 10.84%.
What is OCX's Price Target?
According to 4 Wall Street analysts that have issued a 1 year OCX price target, the average OCX price target is $3.90, with the highest OCX stock price forecast at $5.00 and the lowest OCX stock price forecast at $3.00.
On average, Wall Street analysts predict that Oncocyte's share price could reach $3.90 by Apr 17, 2025. The average Oncocyte stock price prediction forecasts a potential upside of 52.34% from the current OCX share price of $2.56.
What is OCX's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: OCX) forecast ROE is 113.17%, which is considered strong.
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