What is the current Price Target for the CorMedix Inc stock?

The average CorMedix Inc target price is $17.20. This is 109.50% higher than the current stock price. The highest price target is 143.61%, the lowest is 46.16%. 5 Analysts have issued a price target CorMedix Inc 2025 .

How high will the CorMedix Inc stock rise?

No reliable answer can be given as to how high the CorMedix Inc stock will rise. The performance of stocks, including the CorMedix Inc stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the CorMedix Inc stock today?

The performance of CorMedix Inc stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the CorMedix Inc stock fall?

The decline in CorMedix Inc stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

CorMedix Inc Forecast, price target & analysts

$8.13

0.97% today

Nasdaq, Dec 30, 09:49 pm CET

ISIN

US21900C3088

Symbol

CRMD

Reports

Quarter | Annual

Index

NASDAQ Composite

Sector

Health

Industry

Medical specialties

Overview Dividends Analysts Charts News Strategies

CorMedix Inc Target price 2024 - Analyst rating & recommendation

CorMedix Inc Classifications & Recommendation:

Buy

100%

CorMedix Inc Price Target

Target Price	$17.20
Price	$8.21
Potential	109.50% register free of charge
Number of Estimates	5

	5 Analysts have issued a price target CorMedix Inc 2025 . The average CorMedix Inc target price is $17.20. This is 109.50% register free of charge higher than the current stock price. The highest price target is $20.00 143.61% register free of charge , the lowest is $12.00 46.16% register free of charge .
	A rating was issued by 5 analysts: 5 Analysts recommend CorMedix Inc to buy, 0 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the CorMedix Inc stock has an average upside potential 2025 of 109.50% register free of charge . Most analysts recommend the CorMedix Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually

	Dec '23	2024 Estimates
Revenue Million $	0.00	32.02
	100.00%

5 Analysts have issued a sales forecast CorMedix Inc 2024 . The average CorMedix Inc sales estimate is

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. This is

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than the revenue of the last 12 months(TTM). The highest sales forecast is

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, the lowest is

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This results in the following potential growth metrics:

2023	$0.0	100.00%
2025	$119m 272.88% Unlock
2026	$178m 49.04% Unlock
2027	$256m 44.04% Unlock
2028	$340m 32.66% Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Annually

	Dec '23	2024 Estimates
EV/Sales		14.14

Based on analysts' sales estimates for 2024, the CorMedix Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of

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This results in the following potential growth metrics and future valuations:

Current	36.92	99.07%
2024	14.14 61.71% Unlock
2025	3.79 73.18% Unlock
2026	2.54 32.90% Unlock
2027	1.77 30.57% Unlock
2028	1.33 24.62% Unlock

Current	40.63	99.41%
2024	15.56 61.71% Unlock
2025	4.17 73.18% Unlock
2026	2.80 32.90% Unlock
2027	1.94 30.57% Unlock
2028	1.47 24.62% Unlock

CorMedix Inc...

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