Surmodics Stock (NASDAQ:SRDX), Analyst Ratings, Price Targets, Predictions

The latest price target for Surmodics (NASDAQ: SRDX) was reported by Needham on April 10, 2024. The analyst firm set a price target for $47.00 expecting SRDX to rise to within 12 months (a possible 82.95% upside). 8 analyst firms have reported ratings in the last year.

The latest analyst rating for Surmodics (NASDAQ: SRDX) was provided by Needham, and Surmodics reiterated their buy rating.

The last upgrade for Surmodics Inc happened on June 13, 2023 when Needham raised their price target to $36. Needham previously had a hold for Surmodics Inc.

The last downgrade for Surmodics Inc happened on February 13, 2023 when Needham changed their price target from N/A to N/A for Surmodics Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Surmodics, 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 Surmodics was filed on April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.

While ratings are subjective and will change, the latest Surmodics (SRDX) rating was a reiterated with a price target of $0.00 to $47.00. The current price Surmodics (SRDX) is trading at is $25.69, which is within the analyst’s predicted range.