LUMIRADX LTD (LMDX) Forecast, Price Target & Analyst Ratings

NASDAQ:LMDXKYG5709L1095

Current stock price

0.016 USD
-0.02 (-53.49%)
At close:
0.0136 USD
0 (-15%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LUMIRADX LTD (LMDX).

Forecast Snapshot

Consensus Price Target

Price Target
$1.22
+ 7,550.00% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 19, 2024
Period
Q3 / 2023
EPS Estimate
-$0.09
Revenue Estimate
20.45M

ChartMill Buy Consensus

Rating
82.50%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.22
Upside
+ 7,550.00%
From current price of $0.02 to mean target of $1.22, Based on 8 analyst forecasts
Low
$0.66
Median
$1.22
High
$1.84

Price Target Revisions

1 Month
0.00%
3 Months
14.29%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for LMDX. The average price target is 1.22 USD. This implies a price increase of 7550% is expected in the next year compared to the current price of 0.016.
The average price target has been revised upward by 14.29% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

LMDX Current Analyst RatingLMDX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

LMDX Historical Analyst RatingsLMDX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
82.50%
LMDX was analyzed by 8 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about LMDX.
In the previous month the buy percentage consensus was at a similar level.
LMDX was analyzed by 8 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-08-28Raymond JamesMaintains Outperform -> Outperform
2023-05-17Ladenburg ThalmannMaintains Buy -> Buy
2023-05-17Raymond JamesMaintains Outperform -> Outperform
2023-05-17Goldman SachsMaintains Neutral -> Neutral
2023-04-10Raymond JamesMaintains Outperform
2023-04-07Raymond JamesMaintains Outperform
2023-03-22Raymond JamesMaintains Outperform
2023-03-22Goldman SachsMaintains Neutral
2022-11-11Raymond JamesMaintains Outperform
2022-08-19BTIGMaintains Buy
2022-08-19Raymond JamesMaintains Outperform
2022-05-12Ladenburg ThalmannMaintains Buy
2022-05-12Raymond JamesMaintains Outperform
2022-03-11Raymond JamesMaintains Outperform
2021-11-15Evercore ISI GroupInitiate Outperform
2021-10-25Raymond JamesInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 19, 2024
Period
Q3 / 2023
EPS Estimate
-$0.09
Revenue Estimate
20.45M
Revenue Q2Q
-51.54%
EPS Q2Q
79.82%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.96%
EPS (1 Month)
0.00%
EPS (3 Months)
18.42%

Next Earnings Summary

LMDX is expected to report earnings on 3/19/2024. The consensus EPS estimate for the next earnings is -0.09 USD and the consensus revenue estimate is 20.45M USD.
The next earnings revenue estimate has been revised upward by 0.96% in the past 3 months.

Full Analyst Estimates 2023 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
LMDX revenue by date.LMDX revenue by date.
139.2M
502.60%
421.4M
202.73%
254.5M
-39.61%
92.798M
-63.54%
139.28M
50.09%
194.87M
39.91%
227.51M
16.75%
EBITDA
YoY % growth
LMDX ebitda by date.LMDX ebitda by date.
-89.88M
16.01%
-83.5M
7.10%
-191.81M
-129.71%
-96.933M
49.46%
-61.156M
36.91%
-27.397M
55.20%
N/A
EBIT
YoY % growth
LMDX ebit by date.LMDX ebit by date.
-100.8M
12.35%
-109.2M
-8.33%
-225.1M
-106.14%
-146.224M
35.04%
-106.876M
26.91%
-76.029M
28.86%
-67.136M
11.70%
Operating Margin
LMDX operating margin by date.LMDX operating margin by date.
-72.41%-25.91%-88.45%-157.57%-76.73%-39.02%-29.51%
EPS
YoY % growth
LMDX eps by date.LMDX eps by date.
N/AN/A-1.59
-231.66%
-0.47
70.33%
-0.35
25.51%
-0.26
27.43%
N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
-0.09
79.82%
-0.09
71.31%
-0.10
30.79%
-0.10
37.53%
-0.11
-18.28%
-0.11
-17.78%
-0.10
-5.26%
-0.11
-12.24%
-0.08
27.27%
-0.08
24.53%
Revenue
Q2Q % growth
20.45M
-51.54%
28.307M
-31.13%
30.952M
39.42%
32.825M
56.31%
29.995M
46.67%
36.413M
28.64%
39.372M
27.20%
42.738M
30.20%
40.78M
35.96%
49.511M
35.97%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
-29.482M
49.08%
-26.334M
82.63%
-26.884M
43.04%
-29.925M
38.17%
-31.375M
-6.42%
-30.498M
-15.81%
-28.213M
-4.94%
-34.343M
-14.76%
-23.623M
24.71%
-20.92M
31.40%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LMDX Yearly Revenue VS EstimatesLMDX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
LMDX Yearly EPS VS EstimatesLMDX Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 -0.5 -1 -1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
22.53%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-9.52%
Revenue Next 5 Year
-3.56%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
23.29%
EBIT Next 5 Year
N/A

LUMIRADX LTD / LMDX Forecast FAQ

What do analysts expect the price target to be for LUMIRADX LTD (LMDX)?

8 analysts have analysed LMDX and the average price target is 1.22 USD. This implies a price increase of 7550% is expected in the next year compared to the current price of 0.016.

When does LUMIRADX LTD (LMDX) report earnings?

LUMIRADX LTD (LMDX) will report earnings on 2024-03-19, after the market close.

What are the consensus estimates for LUMIRADX LTD (LMDX) next earnings?

The consensus EPS estimate for the next earnings of LUMIRADX LTD (LMDX) is -0.09 USD and the consensus revenue estimate is 20.45M USD.

Can you provide the analyst count for LUMIRADX LTD stock?

The number of analysts covering LUMIRADX LTD (LMDX) is 8.