SILK ROAD MEDICAL INC (SILK) Forecast, Price Target & Analyst Ratings

NASDAQ:SILKUS82710M1009

Current stock price

27.49 USD
-0.01 (-0.04%)
At close:
27.49 USD
0 (0%)
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 SILK ROAD MEDICAL INC (SILK).

Forecast Snapshot

Consensus Price Target

Price Target
$22.54
-18.00% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 6, 2024
Period
Q3 / 2024
EPS Estimate
-$0.36
Revenue Estimate
50.249M

ChartMill Buy Consensus

Rating
49.23%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$22.54
Upside
-18.00%
From current price of $27.49 to mean target of $22.54, Based on 13 analyst forecasts
Low
$8.08
Median
$28.05
High
$28.88

Price Target Revisions

1 Month
-2.14%
3 Months
6.94%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for SILK. The average price target is 22.54 USD. This implies a price decrease of -18% is expected in the next year compared to the current price of 27.49.
The average price target has been revised upward by 6.94% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

SILK Current Analyst RatingSILK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

SILK Historical Analyst RatingsSILK 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 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
49.23%
SILK was analyzed by 13 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about SILK.
In the previous month the buy percentage consensus was at a similar level.
SILK was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-07-17StifelDowngrade Buy -> Hold
2024-07-11Argus ResearchDowngrade Buy -> Sell
2024-06-18Lake StreetDowngrade Buy -> Hold
2024-05-01JP MorganMaintains Neutral -> Neutral
2024-05-01Piper SandlerMaintains Neutral -> Neutral
2024-03-07Argus ResearchUpgrade Hold -> Buy
2024-02-29StifelMaintains Buy -> Buy
2024-02-29JP MorganMaintains Neutral -> Neutral
2024-02-29Piper SandlerMaintains Neutral -> Neutral
2024-01-19StifelUpgrade Hold -> Buy
2024-01-03Lake StreetInitiate Buy
2023-10-24Wolfe ResearchUpgrade Underperform -> Peer Perform
2023-10-11CL KingDowngrade Buy -> Neutral
2023-10-11B. Riley SecuritiesDowngrade Buy -> Neutral
2023-10-11StifelDowngrade Buy -> Hold
2023-10-11Piper SandlerMaintains Neutral -> Neutral
2023-10-11CitigroupDowngrade Buy -> Sell
2023-09-21Argus ResearchDowngrade Buy -> Hold
2023-09-06OppenheimerInitiate Outperform
2023-08-14CitigroupMaintains Buy -> Buy
2023-08-02B. Riley SecuritiesMaintains Buy -> Buy
2023-08-02StifelMaintains Buy -> Buy
2023-07-12JP MorganDowngrade Overweight -> Neutral
2023-07-12B of A SecuritiesDowngrade Buy -> Underperform
2023-07-11CitigroupReiterate Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 6, 2024
Period
Q3 / 2024
EPS Estimate
-$0.36
Revenue Estimate
50.249M
Revenue Q2Q
13.08%
EPS Q2Q
-8.18%
Number of Analysts
10

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
1.22%
EPS (1 Month)
0.00%
EPS (3 Months)
3.92%

Next Earnings Summary

SILK is expected to report earnings on 11/6/2024. The consensus EPS estimate for the next earnings is -0.36 USD and the consensus revenue estimate is 50.25M USD.
The next earnings revenue estimate has been revised upward by 1.22% in the past 3 months.

Full Analyst Estimates 2024 - 2027

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

2021 2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
SILK revenue by date.SILK revenue by date.
101.5M
34.97%
138.6M
36.55%
177.134M
27.80%
203.98M
15.16%
226.77M
11.17%
249.32M
9.94%
290.9M
16.68%
EBITDA
YoY % growth
SILK ebitda by date.SILK ebitda by date.
-46.47M
-10.35%
-49.87M
-7.32%
-56.575M
-13.44%
-37.291M
34.09%
-26.663M
28.50%
-18.054M
32.29%
N/A
EBIT
YoY % growth
SILK ebit by date.SILK ebit by date.
-47.5M
-10.72%
-52M
-9.47%
-59.271M
-13.98%
-60.11M
-1.42%
-55.21M
8.15%
-50.85M
7.90%
-48.144M
5.32%
Operating Margin
SILK operating margin by date.SILK operating margin by date.
-46.80%-37.52%-33.46%-29.47%-24.35%-20.40%-16.55%
EPS
YoY % growth
SILK eps by date.SILK eps by date.
-1.44-1.54
-6.94%
-1.44
6.49%
-1.49
-3.77%
-1.34
10.24%
-1.26
5.70%
-1.20
4.84%

All data in USD

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

Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
-0.36
-8.18%
-0.35
-5.09%
-0.39
-9.08%
-0.32
23.09%
-0.31
14.29%
-0.28
19.61%
Revenue
Q2Q % growth
50.249M
13.08%
52.302M
10.65%
53.087M
9.49%
55.959M
9.21%
55.521M
10.49%
59.857M
14.44%
EBITDA
Q2Q % growth
-15.83M
-36.12%
-7.371M
36.87%
-10.941M
23.43%
-6.63M
58.27%
-6.63M
58.12%
-6.12M
16.97%
EBIT
Q2Q % growth
-15.991M
-16.98%
-14.121M
1.74%
-14.833M
0.68%
-12.534M
27.11%
-12.007M
24.91%
-11.612M
17.77%

All data in USD

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

SILK Yearly Revenue VS EstimatesSILK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M 250M
SILK Yearly EPS VS EstimatesSILK Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 -5 -10 -15 -20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
3.90%
EPS Next 5 Year
3.87%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
12.46%
Revenue Next 5 Year
13.50%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
19.70%
EBIT Next 5 Year
N/A

SILK ROAD MEDICAL INC / SILK Forecast FAQ

Can you provide the average price target for SILK ROAD MEDICAL INC stock?

13 analysts have analysed SILK and the average price target is 22.54 USD. This implies a price decrease of -18% is expected in the next year compared to the current price of 27.49.

When does SILK ROAD MEDICAL INC (SILK) report earnings?

SILK ROAD MEDICAL INC (SILK) will report earnings on 2024-11-06, after the market close.

What are the consensus estimates for SILK ROAD MEDICAL INC (SILK) next earnings?

The consensus EPS estimate for the next earnings of SILK ROAD MEDICAL INC (SILK) is -0.36 USD and the consensus revenue estimate is 50.25M USD.

What is the consensus rating for SILK stock?

The consensus rating for SILK ROAD MEDICAL INC (SILK) is 49.2308 / 100 . This indicates that analysts generally have a neutral outlook on the stock.