Based on ratings from 0 stock analysts, the LifeMD, Inc. stock price is expected to increase by 168.59% in 12 months. This is calculated by using the average 12-month stock price forecast for LifeMD, Inc.. The lowest target is $10 and the highest is $16. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedLFMD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect LifeMD, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LFMD. 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.
These are the latest 20 analyst ratings of LFMD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sarah James Cantor Fitzgerald | Overweight | $15 | Reiterates | Sep 20, 2024 |
Sarah James Cantor Fitzgerald | Overweight | $15 | Reiterates | Aug 20, 2024 |
Sarah James Cantor Fitzgerald | Overweight | $15 | Reiterates | Aug 9, 2024 |
Scott Schoenhaus Keybanc | Overweight | $10 | Maintains | Jul 11, 2024 |
Scott Schoenhaus Keybanc | Overweight | $12 | Initiates | Jun 5, 2024 |
William Woods B. Riley Securities | Buy | $12 | Reiterates | May 21, 2024 |
Yi Chen HC Wainwright & Co. | Buy | $12 | Reiterates | May 10, 2024 |
Sarah James Cantor Fitzgerald | Overweight | $15 | Maintains | May 9, 2024 |
David Larsen BTIG | Buy | $14 | Maintains | Apr 23, 2024 |
David Larsen BTIG | Buy | $13 | Maintains | Mar 15, 2024 |
Alex Fuhrman Craig-Hallum | Buy | $15 | Maintains | Mar 12, 2024 |
William Woods B. Riley Securities | Buy | $12 | Reiterates | Mar 12, 2024 |
Yi Chen HC Wainwright & Co. | Buy | $12 | Reiterates | Mar 12, 2024 |
Sarah James Cantor Fitzgerald | Overweight | $11 | Maintains | Mar 12, 2024 |
Yi Chen HC Wainwright & Co. | Buy | $12 | Maintains | Jan 11, 2024 |
Sarah James Cantor Fitzgerald | Overweight | $9 | Reiterates | Dec 14, 2023 |
Alex Fuhrman Craig-Hallum | Buy | $10 | Initiates | Nov 30, 2023 |
Sarah James Cantor Fitzgerald | Overweight | $9 | Maintains | Nov 14, 2023 |
Yi Chen HC Wainwright & Co. | Buy | $10 | Maintains | Nov 9, 2023 |
Sarah James Cantor Fitzgerald | Overweight | $8 | Maintains | Oct 2, 2023 |
When did it IPO
2021
Staff Count
207
Country
United States
Sector/Industry
Healthcare/Health Information Services
CEO
Mr. Justin Schreiber
Market Cap
$201.6M
In 2023, LFMD generated $152.5M in revenue, which was a increase of 28.15% from the previous year. This can be seen as a signal that LFMD'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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - LifeMD, Inc. (Nasdaq: LFMD) has declared a cash dividend of $0.5546875 per share for its 8.875% Series A Cumulative Perpetual Preferred Stock (Nasdaq: LFMDP).
Why It Matters - LifeMD's declaration of a cash dividend signals strong financial health and commitment to returning value to preferred shareholders, potentially boosting investor confidence and stock demand.
Summary - LifeMD's Q2 2024 earnings were mixed, with no value assigned to the WorkSimpli asset. The price target is revised from $20 to $15 per share by summer 2025 due to management credibility and GLP1 uncertainties.
Why It Matters - Mixed earnings and unmonetized assets raise concerns about management's credibility, impacting stock valuation and future growth prospects, particularly in the competitive telehealth sector.
Summary - LifeMD, Inc. (Nasdaq: LFMD) will participate in several investor conferences in September 2024, highlighting its position in virtual primary care services.
Why It Matters - LifeMD's participation in investor conferences signals potential growth and increased visibility, which could positively influence stock performance and investor sentiment.
Summary - LifeMD, Inc. (NASDAQ: LFMD) will host its Q2 2024 earnings conference call on August 7, 2024, at 4:30 PM ET, featuring key executives and analysts from several firms.
Why It Matters - LifeMD's Q2 2024 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Summary - LifeMD, Inc. (LFMD) reported a quarterly loss of $0.19 per share, worse than the expected loss of $0.13, but an improvement from a loss of $0.23 per share a year prior.
Why It Matters - LifeMD's larger-than-expected loss signals potential operational issues, impacting investor confidence and possibly leading to stock price volatility. Year-over-year improvement might provide some reassurance.
Summary - LifeMD, Inc. reported Q2 2024 revenue of $50.7M, up 41% YoY, with telehealth revenue rising 67%. Adjusted EBITDA reached $2.5M, and cash totaled $35.7M. Subscribers exceeded 60,000.
Why It Matters - The strong revenue growth, profitability of telehealth, and increasing subscriber base signal robust demand and operational efficiency, enhancing LifeMD's investment appeal.