Key Takeaways:
- Senseonics Holdings (SENS, Financial) reported better-than-expected quarterly earnings, posting a $0.02 per share loss versus a projected $0.03 loss.
- The company's revenue stood at $8.3 million, meeting analyst forecasts.
- Future stock performance hinges on management's upcoming guidance and potential revisions to earnings outlooks.
Quarterly Performance Highlights
Senseonics Holdings (NASDAQ: SENS) recently released its quarterly earnings report, revealing a loss of $0.02 per share. This performance exceeded Wall Street's expectations, which had anticipated a loss of $0.03 per share. Meanwhile, the company reported revenues of $8.3 million, aligning well with market forecasts. Despite this earnings surprise, investors should be attentive to forthcoming commentary from the management team, as their insights and any updates to the company's earnings outlook could significantly influence future stock movement.
Wall Street Analysts Forecast
According to analysis from two industry experts, the average one-year price target for Senseonics Holdings Inc (SENS, Financial) stands at $1.15. This figure reflects a range of projections, with estimates as high as $2.00 and as low as $0.30. Currently valued at $0.60, these forecasts suggest a potential upside of 90.87%. For more comprehensive data, visit the Senseonics Holdings Inc (SENS) Forecast page.
The consensus recommendation from five brokerage firms rates Senseonics Holdings Inc (SENS, Financial) at an average of 3.0, signifying a "Hold". The rating system spans from 1 to 5, where 1 connotes a Strong Buy and 5 indicates a Sell.
Further insight is provided by GuruFocus estimates, which project the GF Value of Senseonics Holdings Inc (SENS, Financial) to be $1.24 within a year. Compared to the current price of $0.6025, this marks an anticipated upside of 105.81%. The GF Value is a calculated estimate of the fair market value based on historical trading multiples and business growth trends, alongside future performance forecasts. For additional details, explore the Senseonics Holdings Inc (SENS) Summary page.
