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Vision Marine Technologies Inc. (VMAR)
NASDAQ: VMAR · IEX Real-Time Price · USD
0.624
+0.003 (0.48%)
At close: May 31, 2024, 4:00 PM
0.636
+0.012 (1.96%)
After-hours: May 31, 2024, 7:42 PM EDT

VMAR Stock Forecast

VMAR's stock price has decreased by -83.09% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for VMAR stock have an average target of 5.25, with a low estimate of 4.50 and a high estimate of 6.00. The average target predicts an increase of 741.35% from the current stock price of 0.62.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.50 $5.25 $6.00 $6.00
Change +621.15% +741.35% +861.54% +861.54%
* Price targets were last updated on Oct 30, 2023.

Analyst Ratings

The average analyst rating for VMAR stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Apr '24May '24
Strong Buy 22
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 22

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Lucas Ward
Ascendiant Capital
 Ascendiant Capital
Strong Buy
Initiates
$4.5
 Strong Buy Initiates $4.5 +621.15% Oct 30, 2023
Craig Irwin
Roth MKM
 Roth MKM
Strong Buy
Initiates
$6
 Strong Buy Initiates $6 +861.54% Jun 9, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
13.16M
from 5.65M
Increased by 132.82%
Revenue Next Year
30.40M
from 13.16M
Increased by 131.01%
EPS This Year
-0.80
from -2.25
EPS Next Year
-0.93
from -0.80
Year 2019202020212022202320242025
Revenue
2.87M2.42M3.51M7.35M5.65M13.16M30.40M
Revenue Growth
125.66%-15.76%45.37%109.20%-23.12%132.82%131.01%
EPS
0.06-0.56-2.04-1.58-2.25-0.80-0.93
EPS Growth
-------
No. Analysts -----44
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 21.0M 47.3M
Avg 13.2M 30.4M
Low 5.7M 14.3M

Revenue Growth

Revenue Growth 20242025
High
271.6%
259.1%
Avg
132.8%
131.0%
Low
0.6%
8.7%

EPS Forecast

EPS 20242025
High -0.82 -0.96
Avg -0.80 -0.93
Low -0.76 -0.89

EPS Growth

EPS Growth 20242025
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.