Senseonics Holdings (SENS) Eyes European Expansion Amid Growth

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3 days ago
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  • Senseonics Holdings (SENS, Financial) recorded a remarkable $22.5 million in revenue for 2024, spearheaded by its breakthrough Eversense 365 system.
  • Analysts set an average price target of $1.43 for SENS, suggesting a potential upside of 107.67% from the current market value.
  • Senseonics is on the brink of European market expansion, pending CE mark approval.

Senseonics Holdings (SENS) impressed the market with a revenue of $22.5 million for 2024, significantly boosted by the innovative Eversense 365 system. The company has witnessed robust growth, with its patient base expanding by 56% year-over-year. Looking ahead, SENS anticipates its revenue will rise to a range of $34 to $38 million in 2025, supported by its strategic initiatives including European expansion, contingent upon the CE mark approval.

Wall Street Analysts Forecast

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Wall Street analysts have projected a positive outlook for Senseonics Holdings Inc (SENS, Financial), with an average one-year price target of $1.43. The estimates among analysts vary, with a high of $2.00 and a low of $0.30. This average target indicates a substantial potential upside of 107.67% from the current trading price of $0.69. Investors seeking detailed estimates can explore further on the Senseonics Holdings Inc (SENS) Forecast page.

Currently, the consensus among six brokerage firms places Senseonics Holdings Inc's (SENS, Financial) average recommendation at 2.8, signifying a "Hold" status. This rating is based on a scale from 1 to 5, where 1 denotes a Strong Buy and 5 indicates a Sell.

According to GuruFocus estimates, the projected GF Value for Senseonics Holdings Inc (SENS, Financial) over the next year is $1.26, suggesting an upside potential of 82.56% from its current price of $0.6902. The GF Value represents GuruFocus' assessment of the fair market value of the stock, derived from historical trading multiples and anticipated business trajectory. Investors can access more comprehensive data on the Senseonics Holdings Inc (SENS) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.