Envoy Medical, Inc. - Class A Common Stock

Envoy Medical, Inc. - Class A Common Stock Stock Forecast & Price Prediction

Live Envoy Medical, Inc. - Class A Common Stock Stock (COCH) Price
$2.28

4

Ratings

  • Buy 4
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.28

P/E Ratio

-0.97

Volume Traded Today

$19,500

Dividend

Dividends not available for COCH

52 Week High/low

11.46/1.08

Envoy Medical, Inc. - Class A Common Stock Market Cap

$46.4M

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COCH Summary

The Envoy Medical, Inc. - Class A Common Stock (COCH) share price is expected to increase by 182.35% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered COCH. Price targets range from $5 at the low end to $8.75 at the high end. The current analyst consensus for COCH is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

COCH Analyst Ratings

About 4 Wall Street analysts have assigned COCH 4 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Envoy Medical, Inc. - Class A Common Stock to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COCH. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

COCH stock forecast by analyst

These are the latest 20 analyst ratings of COCH.

Analyst/Firm

Rating

Price Target

Change

Date

Tyler Bussian
Brookline Capital

Buy

$9

Initiates

Oct 14, 2024
Edward Woo
Ascendiant Capital

Buy

$8.75

Maintains

Sep 3, 2024
Edward Woo
Ascendiant Capital

Buy

$8.5

Initiates

Jun 24, 2024
Frank Takkinen
Lake Street

Buy

$6

Maintains

Apr 3, 2024
Carl Byrnes
Northland Capital Markets

Outperform


Initiates

Dec 21, 2023
Frank Takkinen
Lake Street

Buy

$3

Initiates

Nov 28, 2023

COCH Company Information

What They Do: Provides innovative hearing health technologies.

Business Model: Envoy Medical generates revenue by developing and selling a range of hearing devices, including personal sound amplification devices, hearing aids, and advanced implants. The company focuses on addressing various levels of hearing loss with cutting-edge medical technologies that appeal to both healthcare providers and patients.

Other Information: Founded in 1995 and headquartered in White Bear Lake, Minnesota, Envoy Medical, Inc. aims to transform the hearing industry with its comprehensive product offerings. The recent rebranding reflects its ongoing commitment to innovation in hearing health solutions.
COCH
Envoy Medical, Inc. - Class A Common Stock (COCH)

When did it IPO

2023

Staff Count

34

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Mr. Brent T. Lucas Esq.

Market Cap

$46.4M

Envoy Medical, Inc. - Class A Common Stock (COCH) Financial Data

In 2023, COCH generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that COCH's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $302,000
  • Operating Margin TTM -7,147.1%
  • Gross profit TTM $0
  • Return on assets TTM -266.3%
  • Return on equity TTM 0.0%
  • Profit Margin 0.0%
  • Book Value Per Share -0.09%
  • Market capitalisation $46.4M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-1.28

Envoy Medical, Inc. - Class A Common Stock (COCH) Latest News

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FDA approved a pivotal trial for a fully implanted cochlear implant, and AMA approved CPT codes for an already FDA-approved middle ear implant, signaling growth opportunities for the company.

Why It Matters - FDA and AMA approvals signal potential revenue growth and market expansion for the company, enhancing investor confidence in its future prospects and financial performance.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - A study in Otology & Neurotology discusses early experiences and potential benefits of a new fully implanted cochlear implant, indicating advancements in hearing technology.

Why It Matters - Advancements in cochlear implants suggest increased market potential for medical device companies, potentially boosting stock prices and attracting investment in healthcare innovations.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Envoy Medical (NASDAQ: COCH) announced the European Patent Office granted it Patent No. 3858425 for its implantable modular cochlear implant system.

Why It Matters - The patent grant enhances Envoy Medical's competitive edge in the hearing health market, potentially increasing revenue and stock value through innovation and exclusivity.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - The Acclaimยฎ Fully Implanted Cochlear Implant presents a new option for patients with hearing loss, differing from current cochlear implant technologies.

Why It Matters - The Acclaimยฎ Fully Implanted Cochlear Implant could capture market share in the hearing loss sector, potentially boosting revenue and stock value for the company involved.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Envoy Medical, Inc. (NASDAQ: COCH) will have CFO David R. Wells present a corporate overview at the LD Micro Main Event XVII from October 28-30, 2024, in Los Angeles.

Why It Matters - Envoy Medical's presentation at a prominent investor conference highlights its strategic initiatives and could influence market perception and stock performance.

News Image

Mon, 23 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Billionaire investor highlighted that next-gen wireless earbuds' hearing aid modes can integrate with Envoy Medical's fully implanted hearing devices.

Why It Matters - The integration of next-gen wireless earbuds with Envoy Medical's hearing devices highlights innovation in healthcare technology, potentially boosting Envoy's market position and attracting investor interest.

...

COCH Frequently asked questions

The highest forecasted price for COCH is $8.75 from Edward Woo at Ascendiant Capital.

The lowest forecasted price for COCH is $5 from from

The COCH analyst ratings consensus are 4 buy ratings, 0 hold ratings, and 0 sell ratings.