Icecure Medical Stock Target Price and Analyst Consensus

ICCM Stock  USD 0.83  0.04  5.06%   
The current analyst and expert consensus on Icecure Medical is Strong Buy, with only one strong buy opinion. The current projected Icecure Medical target price consensus is 2.91 with 3 analyst opinions. Check out Macroaxis Advice on Icecure Medical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
The most common way Icecure Medical analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Icecure Medical executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Icecure Medical. We encourage you to use your own analysis of Icecure Medical to validate this buy or sell advice. Icecure Medical buy-or-sell recommendation module provides average expert sentiment on the projected Icecure Medical target price to derive its highest and lowest estimates based on projected price volatility of 5.3511.
Lowest Forecast
2.65
Highest Forecast
3.23
Target Price
2.91
As of the 27th of November 2024, Gross Profit is likely to drop to about 957.4 K. In addition to that, Pretax Profit Margin is likely to drop to -4.76. At this time, Icecure Medical's Common Stock is very stable compared to the past year. As of the 27th of November 2024, Net Invested Capital is likely to grow to about 16.3 M, while Other Current Liabilities is likely to drop about 1.8 M.
  
It's important to approach Icecure Medical's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Icecure Medical price targets

Icecure Medical's stock target price is an estimate of its future price, usually made by analysts. Using Icecure Medical's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Icecure Medical's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Icecure Medical's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Icecure Medical Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Icecure Medical is a key component of Icecure Medical valuation and have some predictive power on the future returns of a Icecure Medical.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Icecure Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.040.826.17
Details
Intrinsic
Valuation
LowRealHigh
0.071.306.65
Details
Naive
Forecast
LowNextHigh
0.020.866.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.07-0.07
Details

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When determining whether Icecure Medical is a strong investment it is important to analyze Icecure Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icecure Medical's future performance. For an informed investment choice regarding Icecure Stock, refer to the following important reports:
Check out Macroaxis Advice on Icecure Medical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.