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InMode Ltd has a consensus price target of $28 based on the ratings of 8 analysts. The high is $61 issued by Baird on July 28, 2023. The low is $16 issued by Canaccord Genuity on July 12, 2024. The 3 most-recent analyst ratings were released by BTIG, Barclays, and Jefferies on October 17, 2024, October 14, 2024, and July 23, 2024, respectively. With an average price target of $23.67 between BTIG, Barclays, and Jefferies, there's an implied 37.12% upside for InMode Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for InMode (NASDAQ:INMD) was reported by Needham on October 31, 2024. The analyst firm set a price target for $0.00 expecting INMD to fall to within 12 months (a possible -100.00% downside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for InMode (NASDAQ:INMD) was provided by Needham, and InMode reiterated their hold rating.
There is no last upgrade for InMode
The last downgrade for InMode Ltd happened on July 23, 2024 when Jefferies changed their price target from $21 to $19 for InMode Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of InMode, 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 InMode was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest InMode (INMD) rating was a reiterated with a price target of $0.00 to $0.00. The current price InMode (INMD) is trading at is $17.26, which is out of the analyst’s predicted range.
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