POLARITYTE INC (PTE) Forecast, Price Target & Analyst Ratings

NASDAQ:PTE • US7310942070

0.241 USD
0 (-0.82%)
At close: Jun 15, 2023
0.2249 USD
-0.02 (-6.68%)
After Hours: 6/15/2023, 8:20:22 PM

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

Consensus Price Target

Price Target
$0.82
+ 238.59% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateAug 9, 2023
PeriodQ2 / 2023
EPS Estimate-$0.56
Revenue Estimate
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

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.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PTE Current Analyst RatingPTE 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

PTE Historical Analyst RatingsPTE 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

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.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-28Northland Capital MarketsMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateAug 9, 2023
PeriodQ2 / 2023
EPS Estimate-$0.56
Revenue Estimate
Revenue Q2Q-100.00%
EPS Q2Q57.27%
Number of Analysts2

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.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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
PTE revenue by date.PTE revenue by date.
10.1M
77.19%
9.404M
-6.89%
814K
-91.34%

-100.00%
10.304M84.259M
717.73%
145.7M
72.92%
214.07M
46.93%
279M
30.33%
350.68M
25.69%
EBITDA
YoY % growth
PTE ebitda by date.PTE ebitda by date.
-38.84M
56.95%
-29.536M
23.95%
-24.37M
17.49%
N/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
PTE ebit by date.PTE ebit by date.
-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
PTE operating margin by date.PTE operating margin by date.
-416.83%-344.30%-3,178.99%N/A-154.08%50.98%61.98%66.61%68.39%69.42%
EPS
YoY % growth
PTE eps by date.PTE eps by date.
-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/AN/AN/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

PTE Yearly Revenue VS EstimatesPTE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2018 2019 2020 2021 2022 2024 2025 2026 2027 2028 2029 100M 200M 300M
PTE Yearly EPS VS EstimatesPTE Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 -20 -40 -60 -80

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

POLARITYTE INC / PTE Forecast FAQ

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.


Can you provide the upcoming earnings date for POLARITYTE INC?

POLARITYTE INC (PTE) will report earnings on 2023-08-09.


What are the consensus estimates for PTE stock 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.


What is the expected long term growth rate for POLARITYTE INC (PTE)?

The expected long term growth rate for POLARITYTE INC (PTE) is 299.65%.