Does Profound Medical (PROF) Have the Potential to Rally 100.13% as Wall Street Analysts Expect?

Group 1 - Shares of Profound Medical (PROF) have increased by 2.8% over the past four weeks, closing at $7.83, with a mean price target of$15.67 indicating a potential upside of 100.1% [1] - The average price targets range from a low of $12 to a high of$18, with a standard deviation of $3.21, suggesting a potential increase of 53.3% to 129.9% from the current price [2] - Analysts show strong agreement in revising EPS estimates higher, which correlates with potential stock price movements [9][10] Group 2 - The Zacks Consensus Estimate for the current year has increased by 9.5%, indicating positive sentiment among analysts [10] - PROF holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can provide guidance on price movement direction [12]