CytoSorbents Corp

CytoSorbents Corp Stock Forecast & Price Prediction

Live CytoSorbents Corp Stock (CTSO) Price
$0.97

2

Ratings

  • Buy 1
  • Hold 1
  • 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

$0.97

P/E Ratio

-1.52

Volume Traded Today

$63,500

Dividend

Dividends not available for CTSO

52 Week High/low

2.15/0.70

CytoSorbents Corp Market Cap

$53.0M

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CTSO Summary

Based on ratings from 2 stock analysts, the CytoSorbents Corp stock price is expected to increase by 415.46% in 12 months. This is calculated by using the average 12-month stock price forecast for CytoSorbents Corp. The lowest target is $1 and the highest is $10. Please note analyst price targets are not guaranteed and could be missed completely.

CTSO Analyst Ratings

About 2 Wall Street analysts have assignedCTSO 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect CytoSorbents Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CTSO. 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.

CTSO stock forecast by analyst

These are the latest 20 analyst ratings of CTSO.

Analyst/Firm

Rating

Price Target

Change

Date

Jason Kolbert
D. Boral Capital

Buy

$10

Maintains

Nov 12, 2024
Sean Lee
HC Wainwright & Co.

Neutral

$1

Reiterates

Nov 11, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Nov 8, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Nov 4, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Oct 22, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Oct 1, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Aug 14, 2024
Sean Lee
HC Wainwright & Co.

Neutral

$1

Reiterates

Aug 14, 2024
Jason Kolbert
EF Hutton

Buy

$10

Initiates

Jul 29, 2024
Yuan Zhi
B. Riley Securities

Buy

$3

Reiterates

May 15, 2024
Sean Lee
HC Wainwright & Co.

Neutral

$1

Reiterates

May 7, 2024
Sean Lee
HC Wainwright & Co.

Neutral

$1

Reiterates

Mar 15, 2024
Sean Lee
HC Wainwright & Co.

Neutral

$1

Downgrade

Dec 29, 2023
Justin Walsh
B. Riley Securities

Buy

$4

Reinstates

Sep 7, 2023
Sean Lee
HC Wainwright & Co.

Buy

$5.5

Reiterates

Aug 2, 2023
Sean Lee
HC Wainwright & Co.

Buy

$5.5

Reiterates

May 3, 2023
Sean Lee
HC Wainwright & Co.

Buy

$5.5

Reiterates

Mar 10, 2023
Sean Lee
HC Wainwright & Co.

Buy

$5.5

Maintains

Nov 4, 2022
Justin Walsh
B. Riley Securities

Buy

$6

Maintains

May 4, 2022
Sean Lee
HC Wainwright & Co.

Buy

$9

Maintains

May 4, 2022

CTSO Company Information

What They Do: Develops blood purification medical devices.

Business Model: Cytosorbents Corporation generates revenue through the research, development, and commercialization of innovative medical devices focused on blood purification. Its products, including the flagship CytoSorb, are designed for use in critical care settings, targeting conditions such as sepsis and complications from organ transplants, which allows the company to tap into various healthcare markets both domestically and internationally.

Other Information: With a diverse product pipeline, Cytosorbents also addresses veterinary medicine and provides solutions for specific medical challenges, including severe hyperkalemia and contrast-induced nephropathy. Founded in 1997 and headquartered in Princeton, New Jersey, the company has a strategic focus on enhancing patient outcomes through advanced therapeutic technologies.
CTSO
CytoSorbents Corp (CTSO)

When did it IPO

2014

Staff Count

186

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Dr. Phillip P. Chan M.D., Ph.D.

Market Cap

$53.0M

CytoSorbents Corp (CTSO) Financial Data

In 2023, CTSO generated $31.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CTSO'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

$31.1M

0.00 %
From Previous Year
  • Revenue TTM $37.7M
  • Operating Margin TTM -46.1%
  • Gross profit TTM $17.1M
  • Return on assets TTM -27.9%
  • Return on equity TTM -118.5%
  • Profit Margin -49.5%
  • Book Value Per Share 0.24%
  • Market capitalisation $53.0M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $31.1M
  • EPS this year (TTM) $-0.36

CytoSorbents Corp (CTSO) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CytoSorbents Corporation and Converge Biotech have formed a strategic collaboration to expand their market presence in India's sepsis and critical care sectors.

Why It Matters - The collaboration between CytoSorbents and Converge Biotech enhances market potential in India's critical care sector, potentially boosting revenues and market share for both companies.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Cytosorbents Corporation (NASDAQ: CTSO) will hold its Q3 2024 earnings conference call on November 7, 2024, at 4:30 PM ET with key executives participating.

Why It Matters - Cytosorbents' Q3 2024 earnings call will provide insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.

News Image

Tue, 01 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CytoSorbents has filed for FDA De Novo marketing approval for DrugSorb-ATR, aimed at reducing CABG-related bleeding linked to the blood thinner ticagrelor.

Why It Matters - FDA approval of DrugSorb-ATR could enhance CytoSorbents' market position and revenue potential, impacting stock performance and investor confidence in the company's growth prospects.

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CytoSorbents Corporation (NASDAQ: CTSO) will present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9-11, 2024, in New York.

Why It Matters - CytoSorbents' CEO and CFO presenting at a major investment conference signals potential growth opportunities and heightened investor interest, impacting stock performance and market perception.

News Image

Fri, 16 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CytoSorbents Corporation granted inducement equity awards to new CFO Peter J. Mariani on August 14, 2024, enhancing its leadership in blood purification technology.

Why It Matters - The appointment of a new CFO and issuance of equity awards can signal strategic shifts and confidence in leadership, impacting investor sentiment and potential stock performance.

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Cytosorbents Corporation (CTSO) will hold its Q2 2024 earnings conference call on August 13, 2024, at 4:30 PM ET, featuring key executives and analysts from major firms.

Why It Matters - Cytosorbents' Q2 2024 earnings call will provide insights on financial performance, strategic direction, and market trends, influencing stock valuation and investor sentiment.

...

CTSO Frequently asked questions

The highest forecasted price for CTSO is $10 from Jason Kolbert at EF Hutton.

The lowest forecasted price for CTSO is $1 from Sean Lee from HC Wainwright & Co.

The CTSO analyst ratings consensus are 1 buy ratings, 1 hold ratings, and 0 sell ratings.