DarioHealth Corp

DarioHealth Corp Stock Forecast & Price Prediction

Live DarioHealth Corp Stock (DRIO) Price
$0.79

3

Ratings

  • Buy 3
  • 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

$0.79

P/E Ratio

-0.40

Volume Traded Today

$68,100

Dividend

Dividends not available for DRIO

52 Week High/low

2.60/0.67

DarioHealth Corp Market Cap

$23.0M

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DRIO Summary

The DarioHealth Corp (DRIO) share price is expected to increase by 343.04% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered DRIO. Price targets range from $2 at the low end to $5 at the high end. The current analyst consensus for DRIO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

DRIO Analyst Ratings

About 3 Wall Street analysts have assignedDRIO 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect DarioHealth Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DRIO. 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.

DRIO stock forecast by analyst

These are the latest 20 analyst ratings of DRIO.

Analyst/Firm

Rating

Price Target

Change

Date

David Grossman
Stifel

Buy

$4

Maintains

Apr 1, 2024
Ben Haynor
Alliance Global Partners

Buy

$4.1

Maintains

Aug 11, 2023

Stifel

Buy


Maintains

Jul 25, 2023
Alexander Nowak
Craig-Hallum

Buy

$8

Maintains

May 12, 2023
Ben Haynor
Alliance Global Partners

Buy

$7.5

Maintains

Nov 16, 2022
Nathan Weinstein
Aegis Capital

Buy

$15

Maintains

Aug 18, 2022
Charles Rhyee
Cowen & Co.

Outperform

$14

Maintains

Aug 16, 2022
Nathan Weinstein
Aegis Capital

Buy

$20

Maintains

May 16, 2022
Charles Rhyee
Cowen & Co.

Outperform

$18

Maintains

May 16, 2022

Alliance Global Partners

Buy


Upgrade

May 13, 2022
Nathan Weinstein
Aegis Capital

Buy

$25

Maintains

Jan 26, 2022
Nathan Weinstein
Aegis Capital

Buy

$28

Maintains

Aug 19, 2021

Cowen & Co.

Outperform


Initiates

Apr 22, 2021

Stifel

Buy


Initiates

Mar 23, 2021
Nathan Weinstein
Aegis Capital

Buy

$35

Maintains

Feb 8, 2021

Craig-Hallum

Buy


Maintains

Nov 25, 2020

ThinkEquity

Buy


Initiates

Nov 25, 2020

Rodman & Renshaw

Buy


Initiates

Nov 25, 2020

Chardan Capital

Buy


Initiates

Nov 25, 2020

Aegis Capital

Buy


Initiates

Nov 25, 2020

DRIO Company Information

What They Do: Provides digital health solutions for chronic conditions.

Business Model: DarioHealth operates a digital therapeutics platform that generates revenue through a subscription-based model for its health management solutions. The company offers a range of products and services, including personalized coaching, health monitoring devices, and software applications aimed at managing chronic conditions such as diabetes, hypertension, and behavioral health.

Other Information: The company serves multiple regions including the U.S., Canada, Europe, Australia, and New Zealand. Its products include a suite of digital tools and native devices for effective health management, emphasizing data analytics and personalized care. DarioHealth was founded in 2011 and has evolved from LabStyle Innovations Corp., reflecting its focus on innovative health technologies.
DRIO
DarioHealth Corp (DRIO)

When did it IPO

2016

Staff Count

276

Country

United States

Sector/Industry

Healthcare/Health Information Services

CEO

Mr. Erez Raphael

Market Cap

$23.0M

DarioHealth Corp (DRIO) Financial Data

In 2023, DRIO generated $20.4M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DRIO'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

$20.4M

0.00 %
From Previous Year
  • Revenue TTM $23.1M
  • Operating Margin TTM -162.1%
  • Gross profit TTM $6.0M
  • Return on assets TTM -34.7%
  • Return on equity TTM -74.9%
  • Profit Margin -205.6%
  • Book Value Per Share 1.87%
  • Market capitalisation $23.0M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $20.4M
  • EPS this year (TTM) $-0.93

DarioHealth Corp (DRIO) Latest News

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - DarioHealth Corp. expects 25 new client signings in 2024, a 35% increase from 2023. Four contracts with self-insured employers will start in Q1 2025.

Why It Matters - DarioHealth's expected 35% client growth and new contracts signal strong revenue potential and business momentum, which may boost investor confidence and drive stock performance.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - DarioHealth Corp. (NASDAQ: DRIO) will hold its Q3 2024 results conference call on November 7, 2024, at 8:30 AM ET. Participants include CEO Erez Raphael and CCO Steven Nelson.

Why It Matters - DarioHealth's Q3 2024 results call could provide insights into financial performance, growth strategies, and market positioning, impacting investor sentiment and stock valuation.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Q3 revenue reached $7.42 million, up 18.7% from Q2 2024 and 111% year-over-year, fueled by B2B2C revenue growth.

Why It Matters - Strong revenue growth signals robust business performance, attracting investor interest and potentially boosting stock prices. Positive momentum in B2B2C expansion suggests future profitability.

News Image

Thu, 07 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - DarioHealth Corp. (DRIO) reported a quarterly loss of $0.13 per share, better than the estimated loss of $0.18, and improved from a loss of $0.49 per share a year prior.

Why It Matters - DarioHealth's smaller-than-expected quarterly loss signals improving financial health, potentially boosting investor confidence and affecting stock performance positively.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - DarioHealth Corp. has secured a subscription contract with a major U.S. pharma client, shifting to recurring revenue and enhancing patient engagement for a new psoriasis drug.

Why It Matters - Dario's shift to recurring subscription fees enhances revenue stability and growth potential, while its collaboration with a major pharma client could expand market reach and patient engagement.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - DarioHealth Corp. secured its eighth health plan contract, expanding its Medicaid offerings with immediate revenue contributions from its cardiometabolic solutions.

Why It Matters - DarioHealth's new contract adds immediate revenue and expands its presence in the Medicaid market, signaling growth potential and increased market share in digital health.

...

DRIO Frequently asked questions

The highest forecasted price for DRIO is $5 from at .

The lowest forecasted price for DRIO is $2 from from

The DRIO analyst ratings consensus are 3 buy ratings, 0 hold ratings, and 0 sell ratings.