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Treace Medical Concepts Inc has a consensus price target of $10.86 based on the ratings of 9 analysts. The high is $25 issued by Stephens & Co. on September 12, 2023. The low is $7 issued by UBS on August 7, 2024. The 3 most-recent analyst ratings were released by Lake Street, Truist Securities, and JP Morgan on December 31, 2024, December 18, 2024, and December 17, 2024, respectively. With an average price target of $10.3 between Lake Street, Truist Securities, and JP Morgan, there's an implied 18.66% upside for Treace Medical Concepts Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Treace Medical Concepts (NASDAQ:TMCI) was reported by Lake Street on December 31, 2024. The analyst firm set a price target for $14.50 expecting TMCI to rise to within 12 months (a possible 67.05% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Treace Medical Concepts (NASDAQ:TMCI) was provided by Lake Street, and Treace Medical Concepts initiated their buy rating.
There is no last upgrade for Treace Medical Concepts
The last downgrade for Treace Medical Concepts Inc happened on May 16, 2024 when UBS changed their price target from $16 to $6.5 for Treace Medical Concepts Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Treace Medical Concepts, 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 Treace Medical Concepts was filed on December 31, 2024 so you should expect the next rating to be made available sometime around December 31, 2025.
While ratings are subjective and will change, the latest Treace Medical Concepts (TMCI) rating was a initiated with a price target of $0.00 to $14.50. The current price Treace Medical Concepts (TMCI) is trading at is $8.68, which is within the analyst’s predicted range.
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