Icad Inc

Icad Inc Stock Forecast & Price Prediction

Live Icad Inc Stock (ICAD) Price
$1.89

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

$1.89

P/E Ratio

-9.95

Volume Traded Today

$225,000

Dividend

Dividends not available for ICAD

52 Week High/low

2.65/1.18

Icad Inc Market Cap

$49.8M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $ICAD ๐Ÿ›‘

Before you buy ICAD you'll want to see this list of ten stocks that have huge potential. Want to see if ICAD made the cut? Enter your email below

ICAD Summary

The Icad Inc (ICAD) share price is expected to increase by 131.48% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered ICAD. Price targets range from $2.5 at the low end to $9 at the high end. The current analyst consensus for ICAD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ICAD Analyst Ratings

Icad Inc has a total of 4 Wall St Analyst ratings. There are 4 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Icad Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ICAD stock forecast by analyst

These are the latest 20 analyst ratings of ICAD.

Analyst/Firm

Rating

Price Target

Change

Date

Frank Takkinen
Lake Street

Buy

$5

Maintains

Jul 19, 2023
David Turkaly
JMP Securities

Outperform

$4

Maintains

Apr 13, 2023
Francois Brisebois
Oppenheimer

Outperform

$4

Maintains

Apr 4, 2023
Frank Takkinen
Lake Street

Buy

$2.5

Maintains

Mar 29, 2023
Marie Thibault
BTIG

Buy

$3

Maintains

Mar 29, 2023
David Turkaly
JMP Securities

Market Outperform

$7

Maintains

Sep 1, 2022
Frank Takkinen
Lake Street

Buy

$8

Maintains

Aug 11, 2022
Marie Thibault
BTIG

Buy

$8

Maintains

Jun 24, 2022

Guggenheim

Neutral


Downgrade

Jan 18, 2022
Francois Brisebois
Oppenheimer

Outperform

$16

Maintains

Jan 5, 2022
David Turkaly
JMP Securities

Market Outperform

$18

Maintains

Nov 10, 2021

Guggenheim

Buy


Initiates

Apr 22, 2021

BTIG

Buy


Initiates

Mar 23, 2021

Oppenheimer

Outperform


Initiates

Feb 26, 2021

Cantor Fitzgerald

Overweight


Initiates

Jan 29, 2021

B. Riley Securities

Buy


Initiates

Dec 3, 2020

B. Riley FBR

Buy


Initiates

Dec 3, 2020

JMP Securities

Market Outperform


Initiates

Feb 5, 2020

Dougherty & Co.

Buy


Initiates

Dec 20, 2019

Craig-Hallum

Buy


Initiates

Feb 13, 2013

ICAD Company Information

What They Do: Provides cancer detection and therapy solutions.

Business Model: iCAD, Inc. operates through two main segments: Detection and Therapy. The company generates revenue by offering advanced technology solutions such as ProFound AI for breast imaging, PowerLook for density assessment, and ProFound Risk for breast cancer risk analysis, catering primarily to healthcare providers in the United States.

Other Information: Founded in 1984 and headquartered in Nashua, New Hampshire, iCAD, Inc. was previously known as Howtek, Inc. and has focused on innovation in cancer care technologies, positioning itself as a leader in the medical imaging sector.
ICAD
Icad Inc (ICAD)

When did it IPO

1992

Staff Count

67

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Ms. Dana R. Brown

Market Cap

$49.8M

Icad Inc (ICAD) Financial Data

In 2023, ICAD generated $17.3M in revenue, which was a decrease of -12.54% from the previous year. This can be seen as a signal that ICAD's business is declining, and its share price could be worth less 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

$29.7M

Revenue From 2021

$33.6M

13.27 %
From Previous Year

Revenue From 2022

$19.8M

-41.13 %
From Previous Year

Revenue From 2023

$17.3M

-12.54 %
From Previous Year
  • Revenue TTM $18.8M
  • Operating Margin TTM -38.7%
  • Gross profit TTM $14.8M
  • Return on assets TTM -7.7%
  • Return on equity TTM -14.9%
  • Profit Margin -12.1%
  • Book Value Per Share 1.27%
  • Market capitalisation $49.8M
  • Revenue for 2021 $33.6M
  • Revenue for 2022 $19.8M
  • Revenue for 2023 $17.3M
  • EPS this year (TTM) $-0.20

Icad Inc (ICAD) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ProFound Health and Cascaid Health are launching a partnership to provide AI-powered mammography, aimed at increasing access for all patients, set to launch in Q1 2025.

Why It Matters - ProFound Health's AI-powered mammography initiative could disrupt the healthcare sector, potentially increasing market share and driving growth in telemedicine, impacting investor sentiment and stock valuations.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ProFound Health and Cascaid Health are launching a virtual care partnership in Q1 2025 to provide AI-powered mammography access to all patients.

Why It Matters - ProFound Health's AI-powered mammography initiative may enhance healthcare accessibility, potentially driving growth in the telehealth sector and attracting investor interest in digital health innovations.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - iCAD, Inc. (NASDAQ: ICAD) will hold its Q3 2024 earnings conference call on November 13, 2024, at 4:30 PM ET, featuring key executives and analysts.

Why It Matters - The upcoming Q3 earnings call for iCAD, Inc. provides insights into the company's financial performance and strategic direction, influencing stock valuation and investor sentiment.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - iCAD, Inc. reported its financial and operational results for Q3 and the first nine months of 2024, focusing on its AI-powered breast health solutions.

Why It Matters - iCAD's financial results reflect its growth and innovation in AI-powered breast health solutions, impacting investor sentiment and potential stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - iCAD, Inc. (NASDAQ: ICAD) will participate in the 15th Annual Craig-Hallum Alpha Select Conference on November 19, 2024, in NYC, with management available for one-on-one meetings.

Why It Matters - iCAD's participation in a key conference highlights its commitment to growth and innovation in AI-powered healthcare, potentially attracting investor interest and impacting stock performance.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - iCAD, Inc. will present at the LD Micro Main Event XVII on October 29-30, 2024, with CEO Dana Brown speaking at 10:30 a.m. The company focuses on AI-powered breast health solutions.

Why It Matters - iCAD's participation in a major investor conference highlights its growth potential and focus on innovative cancer detection solutions, which could attract investor interest and impact stock performance.

...

ICAD Frequently asked questions

The highest forecasted price for ICAD is $9 from at .

The lowest forecasted price for ICAD is $2.5 from Frank Takkinen from Lake Street

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