- InMode (INMD, Financial) is set to announce its Q1 earnings on April 28th, with analysts forecasting a decrease in earnings and revenue.
- Current price targets suggest a potential 31.47% upside, with an average rating of "Outperform."
- GuruFocus projects a significant 88.26% upside according to its GF Value analysis.
InMode's Anticipated Q1 Earnings Report
As InMode Ltd (INMD) gears up to unveil its first-quarter earnings before market open on April 28th, investors are keenly watching analyst predictions. The expectation is that earnings per share will dip to $0.35, marking a 22.2% decline from the previous year. Furthermore, revenue is anticipated to reach $77.57 million, representing a modest 3.4% drop. Analysts have been trending towards more conservative estimates recently, indicating a cautious outlook.
Analyst Price Targets and Recommendations
Examining Wall Street's perspective, the six analysts offering one-year price targets for InMode Ltd (INMD, Financial) provide an average target of $21.17. Projections range from a high of $29.00 to a low of $15.00. This suggests a potential upside of 31.47% from the current share price of $16.10. For a deeper dive into these estimates, visit the InMode Ltd (INMD) Forecast page.
Currently, InMode Ltd (INMD, Financial) holds an average brokerage recommendation of 2.0 across seven brokerage firms, which translates to an "Outperform" status. This rating system spans from 1 (Strong Buy) to 5 (Sell), indicating a favorable outlook for the stock.
GuruFocus GF Value Analysis
According to GuruFocus estimates, the GF Value for InMode Ltd (INMD, Financial) in a year is projected to be $30.31. This implies a notable upside of 88.26% from the current price of $16.10. The GF Value is GuruFocus's calculation of a stock's fair value, informed by historical trading multiples, past business growth, and future performance projections. For more comprehensive information, visit the InMode Ltd (INMD) Summary page.
