Hyperfine Inc has a consensus price target of $3.34 based on the ratings of 4 analysts. The high is $7 issued by Evercore ISI Group on May 31, 2022. The low is $1.25 issued by Jefferies on November 30, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Jefferies, and B. Riley Securities on March 22, 2024, November 30, 2023, and August 15, 2023, respectively. With an average price target of $2.12 between Wells Fargo, Jefferies, and B. Riley Securities, there's an implied 111.67% upside for Hyperfine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hyperfine (NASDAQ:HYPR) was reported by Wells Fargo on March 22, 2024. The analyst firm set a price target for $1.60 expecting HYPR to rise to within 12 months (a possible 60.00% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Hyperfine (NASDAQ:HYPR) was provided by Wells Fargo, and Hyperfine maintained their equal-weight rating.
There is no last upgrade for Hyperfine
The last downgrade for Hyperfine Inc happened on August 11, 2022 when Wells Fargo changed their price target from $8 to $2.4 for Hyperfine Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hyperfine, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hyperfine was filed on March 22, 2024 so you should expect the next rating to be made available sometime around March 22, 2025.
While ratings are subjective and will change, the latest Hyperfine (HYPR) rating was a maintained with a price target of $2.10 to $1.60. The current price Hyperfine (HYPR) is trading at is $1.00, which is out of the analyst’s predicted range.
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