Tenon Medical Stock Target Price and Analyst Consensus

TNON Stock  USD 2.54  0.09  3.42%   
The current analyst and expert consensus on Tenon Medical is Buy, with no strong buy opinions. The current projected Tenon Medical target price consensus is 1.80 with 1 analyst opinions. Check out Macroaxis Advice on Tenon 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 Tenon Stock, please use our How to Invest in Tenon Medical guide.
The most common way Tenon Medical analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Tenon 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 Tenon Medical. We encourage you to use your own analysis of Tenon Medical to validate this buy or sell advice. Tenon Medical buy-or-sell recommendation module provides average expert sentiment on the projected Tenon Medical target price to derive its highest and lowest estimates based on projected price volatility of 14.5868.
Lowest Forecast
1.64
Highest Forecast
2
Target Price
1.8
As of the 22nd of November 2024, Gross Profit is likely to grow to about 1.3 M, while Pretax Profit Margin is likely to drop (5.59). At this time, Tenon Medical's Other Current Assets are very stable compared to the past year. As of the 22nd of November 2024, Other Stockholder Equity is likely to grow to about 58.7 M, while Total Assets are likely to drop about 6 M.
  
It's important to approach Tenon 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 Tenon Medical price targets

Tenon Medical's stock target price is an estimate of its future price, usually made by analysts. Using Tenon Medical's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Tenon 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 Tenon 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 Tenon 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 Tenon Medical is a key component of Tenon Medical valuation and have some predictive power on the future returns of a Tenon Medical.
Hype
Prediction
LowEstimatedHigh
0.132.6317.21
Details
Intrinsic
Valuation
LowRealHigh
0.132.5217.10
Details
Naive
Forecast
LowNextHigh
0.041.8716.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-5.38-5.38-5.38
Details

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When determining whether Tenon Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenon Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenon Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenon Medical Stock:
Check out Macroaxis Advice on Tenon 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 Tenon Stock, please use our How to Invest in Tenon Medical guide.
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