Quick Summary:
- Senseonics Holdings Inc. reports a narrower-than-expected Q4 loss, sparking investor interest.
- Analysts foresee significant upside potential, with the average price target nearly double the current share price.
- GuruFocus estimates robust growth with a GF Value indicating over 100% potential upside.
Senseonics Holdings Inc. (SENS, Financial), a prominent player in the medical technology sector, has reported a fourth-quarter loss of $15.5 million, or 2 cents per share, surpassing the consensus forecast of a 3-cent loss per share. In positive news, the company generated $8.3 million in revenue during this period. Looking forward, Senseonics projects full-year revenue within the range of $34 million to $38 million, suggesting a promising outlook for the coming quarters.
Wall Street Analysts Forecast
Wall Street's sentiment on Senseonics Holdings Inc. (SENS, Financial) is notably optimistic. According to the one-year price targets from 2 analysts, the average target price is $1.15, with the highest estimate reaching $2.00 and the lowest at $0.30. This average target suggests a significant upside potential of 90.87% from the current trading price of $0.60. For more in-depth forecast details, visit the Senseonics Holdings Inc (SENS) Forecast page.
Moreover, the stock holds a "Hold" status with an average brokerage recommendation of 3.0 from a consensus of 5 brokerage firms. This rating is on a scale from 1 to 5, where 1 signifies a Strong Buy and 5 indicates a Sell.
Additionally, the GF Value estimate by GuruFocus further bolsters the bullish sentiment. The estimated GF Value for Senseonics Holdings Inc. (SENS, Financial) in one year stands at $1.24. This equates to a potential upside of 105.81% from its current price of $0.6025, indicating the stock is trading below what is deemed its fair value. The GF Value is calculated using historical trading multiples, past business growth, and future performance estimations. Investors can explore more detailed information on the Senseonics Holdings Inc (SENS) Summary page.
