Silk Road Medical Inc

Silk Road Medical Inc Stock Forecast & Price Prediction

Live Silk Road Medical Inc Stock (SILK) Price
$27.5

1

Ratings

  • Buy 0
  • Hold 0
  • Sell 1
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

$27.5

P/E Ratio

-18.81

Volume Traded Today

$5.8M

Dividend

Dividends not available for SILK

52 Week High/low

27.34/6.08

Silk Road Medical Inc Market Cap

$1.10B

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SILK Summary

From what 1 stock analysts predict, the share price for Silk Road Medical Inc (SILK) might decrease by 19.64% in the next year. This is based on a 12-month average estimation for SILK. Price targets go from $8 to $27.5. The majority of stock analysts believe SILK is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

SILK Analyst Ratings

About 1 Wall Street analysts have assigned SILK 0 buy ratings, 0 hold ratings, and 1 sell ratings. This means that analysts expect Silk Road Medical Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SILK. 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.

SILK stock forecast by analyst

These are the latest 20 analyst ratings of SILK.

Analyst/Firm

Rating

Price Target

Change

Date

Rick Wise
Stifel

Hold

$27.5

Downgrade

Jul 17, 2024
Steve Silver
Argus Research

Sell


Downgrade

Jul 11, 2024
Frank Takkinen
Lake Street

Hold

$27.5

Downgrade

Jun 18, 2024
Robbie Marcus
JP Morgan

Neutral

$21

Maintains

May 1, 2024
Adam Maeder
Piper Sandler

Neutral

$20

Maintains

May 1, 2024
Steve Silver
Argus Research

Buy

$24

Upgrade

Mar 7, 2024
Adam Maeder
Piper Sandler

Neutral

$18

Maintains

Feb 29, 2024
Rick Wise
Stifel

Buy

$23

Maintains

Feb 29, 2024
Robbie Marcus
JP Morgan

Neutral

$19

Maintains

Feb 29, 2024
Rick Wise
Stifel

Buy

$20

Upgrade

Jan 19, 2024
Frank Takkinen
Lake Street

Buy

$20

Initiates

Jan 3, 2024
Mike Polark
Wolfe Research

Peer Perform


Upgrade

Oct 24, 2023
Rick Wise
Stifel

Hold

$12

Downgrade

Oct 11, 2023
Neil Chatterji
B. Riley Securities

Neutral

$14

Downgrade

Oct 11, 2023
Joanne Wuensch
Citigroup

Sell

$8

Downgrade

Oct 11, 2023
Adam Maeder
Piper Sandler

Neutral

$11

Maintains

Oct 11, 2023
Kristen Stewart
CL King

Neutral


Downgrade

Oct 11, 2023
Steve Silver
Argus Research

Hold


Downgrade

Sep 21, 2023
Suraj Kalia
Oppenheimer

Outperform

$30

Initiates

Sep 6, 2023
Joanne Wuensch
Citigroup

Buy

$35

Maintains

Aug 14, 2023

SILK Company Information

  • Company Name: Silk Road Medical, Inc
  • Industry: Medical Device Company
  • Location: Sunnyvale, California, United States
  • Year Established: 2007
  • Specialization: Treatment of carotid artery disease
  • Key Procedure: Transcarotid Artery Revascularization (TCAR)
  • Products Offered:
    • ENROUTE Transcarotid Neuroprotection System: Enables direct access to the common carotid artery with temporary blood flow reversal.
    • ENROUTE Transcarotid Stent System: Designed for transcarotid access.
    • ENHANCE Transcarotid Peripheral Access Kit: Facilitates initial access to the common carotid artery.
    • ENROUTE 0.014 Guidewire: Aids in atraumatic vessel navigation and target lesion crossing for interventional device delivery.
    • ENROUTE Enflate Transcarotid RX Balloon Dilation Catheter: A rapid exchange balloon for the TCAR procedure.
SILK
Silk Road Medical Inc (SILK)

When did it IPO

2019

Staff Count

474

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Mr. Charles S. McKhann

Market Cap

$1.10B

Silk Road Medical Inc (SILK) Financial Data

In 2023, SILK generated $177.1M in revenue, which was a increase of 27.77% from the previous year. This can be seen as a signal that SILK'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

$75.2M

Revenue From 2021

$101.5M

34.89 %
From Previous Year

Revenue From 2022

$138.6M

36.62 %
From Previous Year

Revenue From 2023

$177.1M

27.77 %
From Previous Year
  • Revenue TTM $191.4M
  • Operating Margin TTM -33.6%
  • Gross profit TTM $127.1M
  • Return on assets TTM -14.1%
  • Return on equity TTM -36.5%
  • Profit Margin -29.5%
  • Book Value Per Share 3.81%
  • Market capitalisation $1.10B
  • Revenue for 2021 $101.5M
  • Revenue for 2022 $138.6M
  • Revenue for 2023 $177.1M
  • EPS this year (TTM) $-1.45

Silk Road Medical Inc (SILK) Latest News

No news data available.

...

SILK Frequently asked questions

The highest forecasted price for SILK is $27.5 from Frank Takkinen at Lake Street.

The lowest forecasted price for SILK is $8 from Joanne Wuensch from Citigroup

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