IRIDEX Corporation (IRIX)
NASDAQ: IRIX · IEX Real-Time Price · USD
2.750
+0.090 (3.38%)
May 20, 2024, 3:20 PM EDT - Market open
IRIDEX Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for IRIDEX stock has a target of 2.00, which predicts a decrease of -27.27% from the current stock price of 2.75.
Analyst Consensus: Hold
Analyst Ratings
According to 1 stock analyst, the rating for IRIDEX is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $2 | Hold | Maintains | $2 | -27.27% | May 15, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $5 → $3 | Strong Buy → Hold | Downgrades | $5 → $3 | +9.09% | Aug 26, 2022 |
| Roth Capital | Roth Capital | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Mar 3, 2021 |
| Roth Capital | Roth Capital | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Jan 13, 2021 |
| Stifel | Stifel | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Jan 4, 2019 |
Financial Forecast
Revenue This Year
52.84M
from 51.87M
Increased by 1.86%
Revenue Next Year
54.98M
from 52.84M
Increased by 4.05%
EPS This Year
-0.38
from -0.59
EPS Next Year
-0.30
from -0.38
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 54.4M | 56.6M |
| Avg | 52.8M | 55.0M |
| Low | 50.8M | 52.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 4.9% | 7.1% |
| Avg | 1.9% | 4.1% |
| Low | -2.1% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.39 | -0.30 |
| Avg | -0.38 | -0.30 |
| Low | -0.36 | -0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.