Modular Medical Inc has a consensus price target of $6.5 based on the ratings of 3 analysts. The high is $11 issued by Lake Street on April 8, 2022. The low is $3.5 issued by Oppenheimer on September 19, 2023. The 3 most-recent analyst ratings were released by Benchmark, Oppenheimer, and Benchmark on March 21, 2024, September 19, 2023, and June 30, 2023, respectively. With an average price target of $4.5 between Benchmark, Oppenheimer, and Benchmark, there's an implied 115.39% upside for Modular Medical Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Modular Medical (NASDAQ:MODD) was reported by Benchmark on March 21, 2024. The analyst firm set a price target for $5.00 expecting MODD to rise to within 12 months (a possible 139.33% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Modular Medical (NASDAQ:MODD) was provided by Benchmark, and Modular Medical reiterated their speculative buy rating.
There is no last upgrade for Modular Medical
There is no last downgrade for Modular Medical.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Modular Medical, 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 Modular Medical was filed on March 21, 2024 so you should expect the next rating to be made available sometime around March 21, 2025.
While ratings are subjective and will change, the latest Modular Medical (MODD) rating was a reiterated with a price target of $5.00 to $5.00. The current price Modular Medical (MODD) is trading at is $2.09, which is out of the analyst’s predicted range.
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