Quanterix Corp has a consensus price target of $26.57 based on the ratings of 7 analysts. The high is $60 issued by JP Morgan on March 2, 2022. The low is $15 issued by SVB Leerink on November 9, 2022. The 3 most-recent analyst ratings were released by TD Cowen, Scotiabank, and TD Cowen on November 13, 2024, August 12, 2024, and August 9, 2024, respectively. With an average price target of $19.67 between TD Cowen, Scotiabank, and TD Cowen, there's an implied 87.30% upside for Quanterix Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Quanterix (NASDAQ:QTRX) was reported by TD Cowen on November 13, 2024. The analyst firm set a price target for $16.00 expecting QTRX to rise to within 12 months (a possible 52.38% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Quanterix (NASDAQ:QTRX) was provided by TD Cowen, and Quanterix maintained their hold rating.
The last upgrade for Quanterix Corp happened on September 25, 2023 when Canaccord Genuity raised their price target to $32. Canaccord Genuity previously had a hold for Quanterix Corp.
The last downgrade for Quanterix Corp happened on August 15, 2022 when Canaccord Genuity changed their price target from N/A to $12 for Quanterix Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Quanterix, 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 Quanterix was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Quanterix (QTRX) rating was a maintained with a price target of $13.50 to $16.00. The current price Quanterix (QTRX) is trading at is $10.50, which is out of the analyst’s predicted range.
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