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Tactile Systems Tech

TCMDNASDAQ
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$15.05
-0.33-2.15%
At close: -
$15.05
0.000.00%
After Hours: 4:01 PM EDT
Q4 2024 Earnings were released on Tue Feb 18th, after the market close
The most recent conference call was at 17:00 PM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$18.00
Consensus Price Target1
$25.80

Tactile Systems Tech (NASDAQ:TCMD) Stock, Analyst Ratings, Price Targets, Forecasts

Tactile Systems Technology Inc has a consensus price target of $25.8 based on the ratings of 6 analysts. The high is $30 issued by Oppenheimer on August 8, 2023. The low is $18 issued by B. Riley Securities on February 19, 2025. The 3 most-recent analyst ratings were released by B. Riley Securities, B. Riley Securities, and Oppenheimer on February 19, 2025, September 26, 2024, and August 8, 2023, respectively. With an average price target of $23.67 between B. Riley Securities, B. Riley Securities, and Oppenheimer, there's an implied 57.25% upside for Tactile Systems Technology Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep 24
1
Nov 24
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
B. Riley Securities
Oppenheimer
Piper Sandler
BTIG

1calculated from analyst ratings

Analyst Ratings for Tactile Systems Tech

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Tactile Systems Tech (TCMD) stock?

A

The latest price target for Tactile Systems Tech (NASDAQ:TCMD) was reported by B. Riley Securities on February 19, 2025. The analyst firm set a price target for $18.00 expecting TCMD to rise to within 12 months (a possible 19.60% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Tactile Systems Tech (TCMD)?

A

The latest analyst rating for Tactile Systems Tech (NASDAQ:TCMD) was provided by B. Riley Securities, and Tactile Systems Tech downgraded their neutral rating.

Q

When was the last upgrade for Tactile Systems Tech (TCMD)?

A

There is no last upgrade for Tactile Systems Tech

Q

When was the last downgrade for Tactile Systems Tech (TCMD)?

A

The last downgrade for Tactile Systems Technology Inc happened on February 19, 2025 when B. Riley Securities changed their price target from $23 to $18 for Tactile Systems Technology Inc.

Q

When is the next analyst rating going to be posted or updated for Tactile Systems Tech (TCMD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tactile Systems Tech, 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 Tactile Systems Tech was filed on February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.

Q

Is the Analyst Rating Tactile Systems Tech (TCMD) correct?

A

While ratings are subjective and will change, the latest Tactile Systems Tech (TCMD) rating was a downgraded with a price target of $23.00 to $18.00. The current price Tactile Systems Tech (TCMD) is trading at is $15.05, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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