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Tactile Systems Technology Inc
NASDAQ:TCMD

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Tactile Systems Technology Inc Logo
Tactile Systems Technology Inc
NASDAQ:TCMD
Watchlist
Price: 14.3 USD 0.21% Market Closed
Updated: Apr 27, 2024

Wall Street
Price Targets

TCMD Price Targets Summary
Tactile Systems Technology Inc

Wall Street analysts forecast TCMD stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TCMD is 21.08 USD with a low forecast of 17.17 USD and a high forecast of 26.25 USD.

Lowest
Price Target
17.17 USD
20% Upside
Average
Price Target
21.08 USD
47% Upside
Highest
Price Target
26.25 USD
84% Upside

TCMD Last Price Targets
Tactile Systems Technology Inc

The latest public price target was made on Jul 18, 2022 by Unknown Analyst from BTIG , who expects TCMD stock to rise by 89% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Unknown Analyst
BTIG
27 USD
Upside 89%
1 year ago
Jul 18, 2022
BTIG Maintains Buy on Tactile Systems Tech, Lowers Price Target to $27
Benzinga
Unknown Analyst
BTIG
Price Target 27 USD
Upside/Downside 89%
View Source
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Revenue
Forecast

Revenue Estimate
Tactile Systems Technology Inc

For the last 8 years the compound annual growth rate for Tactile Systems Technology Inc's revenue is 20%. The projected CAGR for the next 3 years is 12%.

20%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Tactile Systems Technology Inc

For the last 8 years the compound annual growth rate for Tactile Systems Technology Inc's operating income is 23%. The projected CAGR for the next 3 years is 37%.

23%
Past Growth
37%
Estimated Growth
Estimates Accuracy
8%
Average Beat

Net Income
Forecast

Net Income Estimate
Tactile Systems Technology Inc

The compound annual growth rate of Tactile Systems Technology Inc's net income for the next 3 years is 3%.

N/A
Past Growth
3%
Estimated Growth
Estimates Accuracy
-21%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is TCMD's stock price target?
Price Target
21.08 USD

According to Wall Street analysts, the average 1-year price target for TCMD is 21.08 USD with a low forecast of 17.17 USD and a high forecast of 26.25 USD.

What is Tactile Systems Technology Inc's Revenue forecast?
Projected CAGR
12%

For the last 8 years the compound annual growth rate for Tactile Systems Technology Inc's revenue is 20%. The projected CAGR for the next 3 years is 12%.

What is Tactile Systems Technology Inc's Operating Income forecast?
Projected CAGR
37%

For the last 8 years the compound annual growth rate for Tactile Systems Technology Inc's operating income is 23%. The projected CAGR for the next 3 years is 37%.

What is Tactile Systems Technology Inc's Net Income forecast?
Projected CAGR
3%

The compound annual growth rate of Tactile Systems Technology Inc's net income for the next 3 years is 3%.