Analyst Price Target is $4.67
▲ +481.52% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Neuronetics in the last 3 months. The average price target is $4.67, with a high forecast of $8.00 and a low forecast of $3.00. The average price target represents a 481.52% upside from the last price of $0.80.
Current Consensus is
Moderate Buy
The current consensus among 4 contributing investment analysts is to moderate buy stock in Neuronetics. This rating has held steady since July 2024, when it changed from a Buy consensus rating.
Neuronetics, Inc., a commercial stage medical technology company, designs, develops, and markets products for patients with neurohealth disorders in the United States and internationally. The company offers NeuroStar Advanced Therapy System, a non-invasive and non-systemic office-based treatment to treat adult patients with major depressive disorder. Its NeuroStar Advanced Therapy System uses transcranial magnetic stimulation to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The company sells its products through its sales and customer support team to psychiatrists. The company was incorporated in 2001 and is headquartered in Malvern, Pennsylvania.
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