Workflow
Wall Street Analysts Predict a 37.2% Upside in LivaNova (LIVN): Here's What You Should Know
LIVNLivaNova(LIVN) ZACKS·2024-11-28 16:01

Core Viewpoint - LivaNova (LIVN) shares have increased by 2.2% recently, with analysts suggesting a potential upside of 37.2% based on a mean price target of 72[1][9].PriceTargetsandAnalystEstimatesThemeanestimateconsistsofnineshorttermpricetargets,withastandarddeviationof72 [1][9]. Price Targets and Analyst Estimates - The mean estimate consists of nine short-term price targets, with a standard deviation of 8.15, indicating variability among analysts [2]. - The lowest estimate of 61suggestsa16.261 suggests a 16.2% increase, while the highest estimate predicts a 71.5% surge to 90 [2]. - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement [7]. Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about LivaNova's earnings prospects, with a positive trend in earnings estimate revisions [9]. - Over the past 30 days, three earnings estimates have been revised upward, leading to a 10.3% increase in the Zacks Consensus Estimate [10]. - LivaNova holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11]. Caution on Price Targets - While price targets are often sought after, they can mislead investors, as empirical research indicates they rarely predict actual stock price movements [5][6]. - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]. - Investors should approach price targets with skepticism and not rely solely on them for investment decisions [8].