What is the price target for PTE stock?
5 analysts have analysed PTE and the average price target is 0.82 USD. This implies a price increase of 238.59% is expected in the next year compared to the current price of 0.241.
POLARITYTE INC (PTE) Forecast, Price Target & Analyst Ratings
NASDAQ:PTE • US7310942070
Current stock price
0.241 USD
0 (-0.82%)
At close:
0.2249 USD
-0.02 (-6.68%)
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 POLARITYTE INC (PTE).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Aug 9, 2023
- Period
- Q2 / 2023
- EPS Estimate
- -$0.56
- Revenue Estimate
Price Target Details & History
Consensus Price Target and Range
Mean target
$0.82
Upside
+ 238.59%
From current price of $0.24 to mean target of $0.82, Based on 5 analyst forecasts
Low
$0.81
Median
$0.82
High
$0.84
Price Target Revisions
1 Month
0.00%
3 Months
-20.00%
Price Target Summary
5 Wall Street analysts provided a forecast for the next 12 months for PTE. The average price target is 0.82 USD. This implies a price increase of 238.59% is expected in the next year compared to the current price of 0.241.
The average price target has been revised downward by 20% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
PTE was analyzed by 5 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about PTE.
In the previous month the buy percentage consensus was at a similar level.
Only 5 analysts analyzed PTE. So this is just the average opinion of a couple of analysts.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-12-28 | Northland Capital Markets | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Aug 9, 2023
- Period
- Q2 / 2023
- EPS Estimate
- -$0.56
- Revenue Estimate
- Revenue Q2Q
- -100.00%
- EPS Q2Q
- 57.27%
- Number of Analysts
- 2
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
N/A
Next Earnings Summary
PTE is expected to report earnings on 8/9/2023. The consensus EPS estimate for the next earnings is -0.56 USD and the consensus revenue estimate is 0 USD.
Full Analyst Estimates 2023 - 2029
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 10.1M 77.19% | 9.404M -6.89% | 814K -91.34% | -100.00% | 10.304M | 84.259M 717.73% | 145.7M 72.92% | 214.07M 46.93% | 279M 30.33% | 350.68M 25.69% | |
| EBITDA YoY % growth | -38.84M 56.95% | -29.536M 23.95% | -24.37M 17.49% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | -42.1M 54.93% | -32.378M 23.09% | -25.877M 20.08% | -23.866M 7.77% | -15.876M 33.48% | 42.953M 370.55% | 90.3M 110.23% | 142.6M 57.92% | 190.82M 33.81% | 243.43M 27.57% | |
| Operating Margin | -416.83% | -344.30% | -3,178.99% | N/A | -154.08% | 50.98% | 61.98% | 66.61% | 68.39% | 69.42% | |
| EPS YoY % growth | -32.50 66.63% | -8.00 75.38% | -4.08 49.00% | -2.12 48.01% | -0.94 55.71% | 1.96 308.60% | 4.08 108.25% | 5.92 45.05% | 6.72 13.48% | 8.51 26.77% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|
| EPS Q2Q % growth | -0.56 57.27% | -0.47 -1.00% | -0.46 -674.33% |
| Revenue Q2Q % growth | -100.00% | ||
| EBITDA Q2Q % growth | N/A | N/A | N/A |
| EBIT Q2Q % growth | -5.742M 14.20% | -6.095M -16.41% | -6.6M -28.66% |
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
35.36%
EPS Next 5 Year
28.11%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
299.65%
Revenue Next 5 Year
176.69%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
POLARITYTE INC / PTE Forecast FAQ
Can you provide the upcoming earnings date for POLARITYTE INC?
POLARITYTE INC (PTE) will report earnings on 2023-08-09.
Can you provide the consensus estimates for POLARITYTE INC next earnings?
The consensus EPS estimate for the next earnings of POLARITYTE INC (PTE) is -0.56 USD and the consensus revenue estimate is 0 USD.
Can you provide the expected long term growth rate for POLARITYTE INC stock?
The expected long term growth rate for POLARITYTE INC (PTE) is 299.65%.