$1.69
4.52% yesterday
Nasdaq, Nov 15, 10:00 pm CET
ISIN
US4626841013
Symbol
IRIX

IRIDEX Corporation Target price 2024 - Analyst rating & recommendation

IRIDEX Corporation Classifications & Recommendation:

Hold
100%

IRIDEX Corporation Price Target

Target Price $2.00
Price $1.69
Potential
Number of Estimates 1
1 Analyst has issued a IRIDEX Corporation price target 2025. The average IRIDEX Corporation target price is $2.00. This is higher than the current stock price.
A rating was issued by 1 analysts: 0 Analysts recommend IRIDEX Corporation to buy, 1 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 IRIDEX Corporation stock has an average upside potential 2025 of . Most analysts recommend the IRIDEX Corporation stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Million $ 51.87 49.60
8.95% 4.38%
EBITDA Margin -15.38% -12.10%
42.28% 21.35%

1 Analyst has issued a sales forecast IRIDEX Corporation 2024 . The average IRIDEX Corporation sales estimate is

$49.6m
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. This is
2.42% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$49.6m 2.42%
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, the lowest is
$49.6m 2.42%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $51.9m 8.95%
2024
$49.6m 4.38%
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2025
$52.0m 4.84%
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1 Analyst has issued an EBITDA forecast IRIDEX Corporation 2024 . The average IRIDEX Corporation EBITDA estimate is

$-6.0m
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. This is
33.77% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-6.0m 33.77%
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, the lowest is
$-6.0m 33.77%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-8.0m 29.55%
2024
$-6.0m 24.81%
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2025
$-2.5m 58.33%
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EBITDA Margin

2023 -15.38% 42.28%
2024
-12.10% 21.35%
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2025
-4.81% 60.25%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
EV/Sales 0.50

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

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

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

EV/Sales

Current 0.60 33.33%
2024
0.50 17.23%
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2025
0.47 4.61%
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P/S ratio

Current 0.58 3.02%
2024
0.53 8.15%
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2025
0.51 4.61%
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