Profound Medical Stock Target Price and Analyst Consensus

PROF Stock  USD 7.52  0.03  0.40%   
The current analyst and expert consensus on Profound Medical is Strong Buy, with 6 strong buy opinions. The current projected Profound Medical target price consensus is 16.82 with 6 analyst opinions. Check out Macroaxis Advice on Profound Medical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Profound Medical Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Profound Medical executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Profound Medical. We strongly encourage you to use your own analysis of Profound Medical Corp to validate this buy or sell advice. Profound Medical buy-or-sell recommendation module provides average expert sentiment on the projected Profound Medical Corp target price to derive its highest and lowest estimates based on projected price volatility of 3.1145.
Lowest Forecast
15.31
Highest Forecast
18.67
Target Price
16.82
The current Gross Profit is estimated to decrease to about 2.5 M. The current Pretax Profit Margin is estimated to decrease to -4.19. At this time, Profound Medical's Cash is most likely to increase significantly in the upcoming years. The Profound Medical's current Cash And Short Term Investments is estimated to increase to about 33.2 M, while Other Current Liabilities is projected to decrease to roughly 537.7 K.
  
It's important to approach Profound 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 Profound Medical price targets

Profound Medical's stock target price is an estimate of its future price, usually made by analysts. Using Profound Medical's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Profound 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 Profound 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 Profound 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 Profound Medical is a key component of Profound Medical valuation and have some predictive power on the future returns of a Profound Medical.
Hype
Prediction
LowEstimatedHigh
4.437.5410.65
Details
Intrinsic
Valuation
LowRealHigh
6.829.9313.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.32-0.31-0.3
Details

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When determining whether Profound Medical Corp is a strong investment it is important to analyze Profound 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 Profound Medical's future performance. For an informed investment choice regarding Profound Stock, refer to the following important reports:
Check out Macroaxis Advice on Profound Medical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.