Workflow
How Much Upside is Left in Pulmonx (LUNG)? Wall Street Analysts Think 80.3%
PulmonxPulmonx(US:LUNG) zacks.comยท2024-05-22 14:56

Core Viewpoint - Pulmonx Corporation (LUNG) shares have increased by 17.1% recently, with analysts suggesting a potential upside of 80.3% based on a mean price target of $15.83 [1][10]. Price Targets and Analyst Estimates - The mean estimate consists of six short-term price targets with a standard deviation of $1.72, indicating variability among analysts [2]. - The lowest price target of $14 suggests a 59.5% increase, while the highest target of $18 indicates a potential surge of 105% [2]. - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement [8]. Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about LUNG's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [10]. - Over the past 30 days, the Zacks Consensus Estimate for the current year has risen by 8.7%, with two estimates moving higher and no negative revisions [11]. - LUNG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [12].