DERMTECH INC (DMTK) Forecast, Price Target & Analyst Ratings
NASDAQ:DMTK • US24984K1051
0.094 USD
-0.01 (-11.32%)
At close: Jun 26, 2024
0.095 USD
+0 (+1.06%)
After Hours: 6/26/2024, 8:00:02 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for DERMTECH INC (DMTK).
Forecast Snapshot
Consensus Price Target
$1.53
+ 1,527.66% Upside
Next Earnings Forecast
Release DateAug 1, 2024
PeriodQ2 / 2024
EPS Estimate-$0.53
Revenue Estimate4.025M
ChartMill Buy Consensus
43.33%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.53
Upside
+ 1,527.66%
From current price of $0.09 to mean target of $1.53, Based on 6 analyst forecasts
Low
$1.52
Median
$1.53
High
$1.58
Price Target Revisions
1 Month
-26.59%
3 Months
-46.43%
Price Target Summary
6 analysts have analysed DMTK and the average price target is 1.53 USD. This implies a price increase of 1527.66% is expected in the next year compared to the current price of 0.094.
The average price target has been revised downward by 46.43% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
43.33%
DMTK was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about DMTK.
In the last month the buy percentage fell by 35 points. So the trust of analysts is decreasing.
DMTK was analyzed by 6 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-04-19 | Lake Street | Downgrade | Buy -> Hold |
| 2024-04-19 | BTIG | Downgrade | Buy -> Neutral |
| 2024-04-19 | Stephens & Co. | Reiterate | Equal-Weight -> Equal-Weight |
| 2024-03-07 | BTIG | Maintains | Buy -> Buy |
| 2024-03-05 | Stephens & Co. | Maintains | Equal-Weight -> Equal-Weight |
| 2023-08-07 | BTIG | Maintains | Buy -> Buy |
| 2023-03-29 | TD Cowen | Maintains | Outperform |
| 2022-11-09 | Stephens & Co. | Maintains | Overweight |
| 2022-11-08 | BTIG | Maintains | Buy |
| 2022-11-04 | William Blair | Downgrade | Outperform -> Market Perform |
| 2022-08-17 | Oppenheimer | Maintains | Outperform |
| 2022-08-15 | BTIG | Maintains | Buy |
| 2022-01-07 | Stephens & Co. | Initiate | Overweight |
| 2021-05-03 | BTIG | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateAug 1, 2024
PeriodQ2 / 2024
EPS Estimate-$0.53
Revenue Estimate4.025M
Revenue Q2Q1.13%
EPS Q2Q46.42%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
-7.64%
Revenue (3 Months)
-8.90%
EPS (1 Month)
-10.64%
EPS (3 Months)
-0.78%
Next Earnings Summary
DMTK is expected to report earnings on 8/1/2024. The consensus EPS estimate for the next earnings is -0.53 USD and the consensus revenue estimate is 4.03M USD.
The next earnings revenue estimate has been revised downward by 8.9% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 11.84M 101.02% | 14.52M 22.64% | 15.296M 5.34% | 18.349M 19.96% | 17.786M -3.07% | N/A | |
| EBITDA YoY % growth | -76.4M -119.54% | -116.54M -52.54% | -101.915M 12.55% | -78.591M 22.89% | -69.258M 11.88% | -72.012M -3.98% | |
| EBIT YoY % growth | -77.4M -119.33% | -118.17M -52.67% | -103.739M 12.21% | -77.841M 24.96% | -75.91M 2.48% | -80.07M -5.48% | |
| Operating Margin | -653.72% | -813.84% | -678.21% | -424.23% | -426.80% | N/A | |
| EPS YoY % growth | -2.70 -29.81% | -3.89 -44.07% | -3.14 19.28% | -2.03 35.19% | -2.12 -4.26% | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.53 46.42% | -0.53 6.95% | -0.47 16.21% | -0.40 30.53% | -0.39 25.96% | -0.38 27.88% | -0.38 18.48% | -0.28 31.65% | -0.28 29.87% | -0.28 28.00% | -0.27 30.67% |
| Revenue Q2Q % growth | 4.025M 1.13% | 4.27M 9.07% | 5.081M 29.49% | 4.932M 28.27% | 5.323M 32.25% | 5.647M 32.25% | 5.889M 15.90% | 5.712M 15.82% | 5.916M 11.14% | 6.834M 21.02% | 7.446M 26.44% |
| EBITDA Q2Q % growth | -18.666M 40.15% | -17.748M 3.70% | -17.544M 2.14% | -17.748M 11.34% | -17.85M 4.37% | -17.85M -0.57% | -17.85M -1.74% | -18.054M -1.72% | -18.156M -1.71% | -17.952M -0.57% | -17.85M |
| EBIT Q2Q % growth | -18.961M 40.99% | -18.957M 4.31% | -19.574M 0.90% | -20.463M 0.22% | -20.287M -6.99% | -20.19M -6.51% | -20.164M -3.02% | -20.298M 0.81% | -20.298M -0.06% | -19.89M 1.49% | -19.686M 2.37% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
9.65%
EBIT Next 5 Year
N/A
DERMTECH INC / DMTK Forecast FAQ
What is the price target for DMTK stock?
6 analysts have analysed DMTK and the average price target is 1.53 USD. This implies a price increase of 1527.66% is expected in the next year compared to the current price of 0.094.
What is the next earnings date for DMTK stock?
DERMTECH INC (DMTK) will report earnings on 2024-08-01, after the market close.
What are the consensus estimates for DMTK stock next earnings?
The consensus EPS estimate for the next earnings of DERMTECH INC (DMTK) is -0.53 USD and the consensus revenue estimate is 4.03M USD.
What is the consensus rating for DMTK stock?
The consensus rating for DERMTECH INC (DMTK) is 43.3333 / 100 . This indicates that analysts generally have a neutral outlook on the stock.