What is the price target for NSTG stock?
13 analysts have analysed NSTG and the average price target is 2.07 USD. This implies a price increase of 1866.38% is expected in the next year compared to the current price of 0.1053.
NANOSTRING TECHNOLOGIES INC (NSTG) Forecast, Price Target & Analyst Ratings
NASDAQ:NSTG • US63009R1095
Current stock price
0.1053 USD
-0.06 (-37.43%)
At close:
0.1051 USD
0 (-0.19%)
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 NANOSTRING TECHNOLOGIES INC (NSTG).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 27, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.65
- Revenue Estimate
- 49.407M
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.07
Upside
+ 1,866.38%
From current price of $0.11 to mean target of $2.07, Based on 13 analyst forecasts
Low
$0.76
Median
$1.53
High
$4.20
Price Target Revisions
1 Month
0.00%
3 Months
-78.95%
Price Target Summary
13 Wall Street analysts provided a forecast for the next 12 months for NSTG. The average price target is 2.07 USD. This implies a price increase of 1866.38% is expected in the next year compared to the current price of 0.1053.
The average price target has been revised downward by 78.95% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
76.92%
NSTG was analyzed by 13 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about NSTG.
In the previous month the buy percentage consensus was at a similar level.
NSTG was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-27 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2023-11-27 | Canaccord Genuity | Maintains | Buy -> Buy |
| 2023-11-21 | Baird | Downgrade | Outperform -> Neutral |
| 2023-11-20 | TD Cowen | Downgrade | Outperform -> Market Perform |
| 2023-10-24 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-10-12 | UBS | Maintains | Buy -> Buy |
| 2023-09-19 | Canaccord Genuity | Reiterate | Buy -> Buy |
| 2023-08-07 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-08-04 | Baird | Maintains | Outperform -> Outperform |
| 2023-05-08 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-03-02 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-02-02 | UBS | Initiate | Buy |
| 2022-11-09 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-11-08 | Cowen & Co. | Maintains | Outperform |
| 2022-11-08 | Baird | Maintains | Outperform |
| 2022-08-08 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-05-11 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-04-13 | Canaccord Genuity | Maintains | Buy |
| 2022-03-02 | JP Morgan | Maintains | Overweight |
| 2021-05-11 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-03-03 | Morgan Stanley | Maintains | Equal-Weight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 27, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.65
- Revenue Estimate
- 49.407M
- Revenue Q2Q
- 43.54%
- EPS Q2Q
- 32.00%
- Number of Analysts
- 9
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-4.25%
EPS (1 Month)
0.00%
EPS (3 Months)
-19.50%
Next Earnings Summary
NSTG is expected to report earnings on 2/27/2024. The consensus EPS estimate for the next earnings is -0.65 USD and the consensus revenue estimate is 49.41M USD.
The next earnings revenue estimate has been revised downward by 4.25% in the past 3 months.
Full Analyst Estimates 2023 - 2030
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 117.3M -6.61% | 145.1M 23.70% | 127.3M -12.27% | 180.36M 41.68% | 205.22M 13.78% | 241.5M 17.68% | 306.71M 27.00% | 354.96M 15.73% | 406.78M 14.60% | 440.23M 8.22% | 501.84M 13.99% | |
| EBITDA YoY % growth | -82.36M -5.89% | -102.33M -24.25% | -144.08M -40.80% | -89.237M 38.06% | -32.894M 63.14% | -13.971M 57.53% | 31.62M 326.33% | 53.652M 69.68% | 79.866M 48.86% | N/A | N/A | |
| EBIT YoY % growth | -88.1M -6.53% | -108.2M -22.81% | -152.2M -40.67% | -82.505M 45.79% | -79.916M 3.14% | -68.235M 14.62% | -36.618M 46.34% | -20.91M 42.90% | -408K 98.05% | 5.304M 1,400.00% | 37.23M 601.92% | |
| Operating Margin | -75.11% | -74.57% | -119.56% | -45.74% | -38.94% | -28.25% | -11.94% | -5.89% | -0.10% | 1.20% | 7.42% | |
| EPS YoY % growth | -2.66 -6.83% | -2.55 4.14% | -3.45 -35.29% | -3.28 4.90% | -1.73 47.36% | -1.21 29.84% | -0.05 95.79% | 0.31 700.00% | 0.73 140.00% | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.65 32.00% | -0.55 37.87% | -0.41 55.87% | -0.35 55.54% | -0.32 50.11% | -0.40 27.24% | -0.40 2.01% | -0.37 -5.88% | -0.34 -4.43% |
| Revenue Q2Q % growth | 49.407M 43.54% | 46.352M 29.44% | 50.216M 13.71% | 53.154M 10.53% | 56.559M 14.48% | 58.303M 25.78% | 61.414M 22.30% | 63.689M 19.82% | 69.391M 22.69% |
| EBITDA Q2Q % growth | -10.9M 68.46% | -11.62M 68.60% | -9.463M 73.31% | -6.056M 75.81% | -4.605M 57.75% | -3.091M 73.40% | -2.948M 68.85% | -1.275M 78.95% | 204K 104.43% |
| EBIT Q2Q % growth | -26.689M 37.47% | -18.48M 54.43% | -16.501M 61.53% | -13.579M 62.77% | -12.153M 54.46% | -3.091M 83.28% | -2.948M 82.14% | -1.275M 90.61% | 204K 101.68% |
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
18.14%
EPS Next 5 Year
15.87%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
23.31%
Revenue Next 5 Year
22.47%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
23.81%
EBIT Next 5 Year
19.06%
NANOSTRING TECHNOLOGIES INC / NSTG Forecast FAQ
When does NANOSTRING TECHNOLOGIES INC (NSTG) report earnings?
NANOSTRING TECHNOLOGIES INC (NSTG) will report earnings on 2024-02-27, after the market close.
What are the consensus estimates for NSTG stock next earnings?
The consensus EPS estimate for the next earnings of NANOSTRING TECHNOLOGIES INC (NSTG) is -0.65 USD and the consensus revenue estimate is 49.41M USD.
How many analysts cover NANOSTRING TECHNOLOGIES INC (NSTG) stock?
The number of analysts covering NANOSTRING TECHNOLOGIES INC (NSTG) is 13.