TREACE MEDICAL CONCEPTS, INC. (TMCI) Social Stream
TREACE MEDICAL CONCEPTS INC (TMCI) Price Targets From Analysts
Use the tables below to see what analysts covering TREACE MEDICAL CONCEPTS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-17 | 4 | $37 | $30 | $34 | $23.53 | 44.5% |
| 2022-01-07 | 4 | $37 | $30 | $34 | $23.53 | 44.5% |
| 2022-02-02 | 4 | $37 | $26 | $32.5 | $23.53 | 38.12% |
| 2022-05-06 | 4 | $37 | $26 | $30.25 | $23.53 | 28.56% |
| 2022-05-12 | 5 | $37 | $22 | $28.6 | $23.53 | 21.55% |
| 2022-08-10 | 4 | $37 | $22 | $26.5 | $23.53 | 12.62% |
| 2022-09-21 | 4 | $37 | $23 | $28.75 | $23.53 | 22.18% |
| 2022-11-09 | 4 | $37 | $27 | $30 | $23.53 | 27.5% |
| 2022-12-13 | 4 | $30 | $27 | $28.25 | $23.53 | 20.06% |
| 2023-01-06 | 4 | $30 | $27 | $28.25 | $23.53 | 20.06% |
| 2023-01-18 | 4 | $30 | $28 | $29 | $23.53 | 23.25% |
| 2023-03-08 | 4 | $30 | $28 | $29.5 | $23.53 | 25.37% |
The Trend in the Analyst Price Target
Over the past 12 months, TMCI's average price target has gone down $1.25.
TMCI reports an average of 61.83% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-05-06 | 4 | 37 | 26 | 30.25 | 16.32 | 85.36% |
| 2022-05-06 | 4 | 37 | 26 | 30.75 | 16.32 | 88.42% |
| 2022-05-12 | 5 | 37 | 22 | 29.25 | 13.61 | 114.92% |
| 2022-07-26 | 4 | 37 | 21 | 25.50 | 16.25 | 56.92% |
| 2022-10-11 | 4 | 37 | 27 | 30.00 | 22.36 | 34.17% |
TMCI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.13 | 3 | 1 | 0 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
Over the past 120 days, TMCI's average broker recommendation rating worsened by 0.25.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for TMCI as an investment opportunity.
- TREACE MEDICAL CONCEPTS INC's number of analysts covering the stock is higher than 218.63% of all US stocks.
- In terms of how TREACE MEDICAL CONCEPTS INC fares relative to stocks in the small market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 220.53% of that group.
- In terms of how TREACE MEDICAL CONCEPTS INC fares relative to stocks in the small market cap category, note that its average analyst price target is higher than 999.55% of that group.
- TREACE MEDICAL CONCEPTS INC's variance in analysts' estimates is lower than -541.91% of Medical Equipment stocks.
Stocks similar to TREACE MEDICAL CONCEPTS INC in the Medical Equipment industry regarding analyst recommendations and price targets are CVRX, NYXH, and SGHT.
View All Top Stocks by Price Target
Is TMCI a Buy, Hold or Sell? See the POWR Ratings now!