Eargo (EAR) stock forecast for 2023. Forecast tables and graphs.

Eargo (EAR) stock forecast for 2023

Last update: September 30, 2022 (11:35)

Sector: Healthcare

The share price of Eargo, Inc. (EAR) now

What analysts predict:: $2

52-week high/low: $10.63 / $0.67

50/200 Day Moving Average: $1.488 / $3.031

This figure corresponds to the average price over the previous 50/200 days. For Eargo stocks, the 50-day moving average is the support level today.

For Eargo stocks, the 200-day moving average is the resistance level today.

Are you interested in Eargo stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Eargo stock price in 2023. How much will one Eargo share be worth in 2023?

Is it worth taking profit / loss on Eargo stock now or waiting? What are analysts' forecasts for Eargo stock?

We forecast Eargo stock performance using neural networks based on historical data on Eargo stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Eargo stock prediction results are shown below and presented as a graph, table and text information.

Eargo stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Eargo analysts is $2.

Today 200 Day Moving Average is the resistance level (3.031 $).

50 Day Moving Average is the support level (1.488 $).





Historical and forecast chart of Eargo stock

The chart below shows the historical price of Eargo stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Eargo stock price can be found in the table below.

Eargo (EAR) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 1.36 1.11 1.68 33.63 %
Mar 1.49 1.31 1.72 23.62 %
Mar 1.30 1.13 1.42 20.04 %
Apr 1.35 1.09 1.67 34.68 %
May 1.43 1.33 1.54 13.91 %
Jun 1.31 1.05 1.39 24.06 %
Jul 1.49 1.28 1.63 21.35 %
Aug 1.18 0.95 1.39 31.78 %
Sep 1.09 0.93 1.29 27.78 %
Oct 1.10 0.93 1.19 22.26 %
Nov 1.15 0.97 1.38 29.48 %
Dec 1.15 1.00 1.35 25.93 %

Eargo information and performance

Eargo is an American medical device manufacturer dedicated to improving the quality of life for people with hearing loss. The company developed the Eargo solution to create a hearing aid that consumers will truly want to use. The company’s innovative product and go-to-market approach addresses the key challenges of traditional hearing aid adoption, including social stigma, affordability and cost. The company believes its Eargo hearing aids are the only, virtually invisible, rechargeable, fully integrated in the ear canal, FDA-certified Class I device for the treatment of hearing loss. The rapid pace of innovation is driven by deep industry and technical expertise in mechanical engineering, product design, audio processing, clinical and auditory science, consumer electronics and embedded software development, and is supported by a strategic intellectual property portfolio.

Eargo Address

1600 TECHNOLOGY DRIVE, 6TH FLOOR, SAN JOSE, CA, US

Market Capitalization: 42 563 900 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: -184 014 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -4.463

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: -0.683

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 12.55

Enterprise Value (EV) /Revenue

EV To EBITDA: -0.25

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 39411000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Eargo price target for 2021 by month


Target values for the price of one Eargo share for Jan 2023.

The weighted average target price per Eargo share in Jan 2023 is: 1.36. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 33.631% volatility is expected.

Pessimistic target level: 1.11

Optimistic target level: 1.68


Target values for the price of one Eargo share for Mar 2023.

The weighted average target price per Eargo share in Mar 2023 is: 1.49. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 23.616% volatility is expected.

Pessimistic target level: 1.31

Optimistic target level: 1.72


Target values for the price of one Eargo share for Mar 2023.

The weighted average target price per Eargo share in Mar 2023 is: 1.30. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 20.036% volatility is expected.

Pessimistic target level: 1.13

Optimistic target level: 1.42


Target values for the price of one Eargo share for Apr 2023.

The weighted average target price per Eargo share in Apr 2023 is: 1.35. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 34.681% volatility is expected.

Pessimistic target level: 1.09

Optimistic target level: 1.67


Target values for the price of one Eargo share for May 2023.

The weighted average target price per Eargo share in May 2023 is: 1.43. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.914% volatility is expected.

Pessimistic target level: 1.33

Optimistic target level: 1.54


Target values for the price of one Eargo share for Jun 2023.

The weighted average target price per Eargo share in Jun 2023 is: 1.31. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 24.056% volatility is expected.

Pessimistic target level: 1.05

Optimistic target level: 1.39


Target values for the price of one Eargo share for Jul 2023.

The weighted average target price per Eargo share in Jul 2023 is: 1.49. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 21.350% volatility is expected.

Pessimistic target level: 1.28

Optimistic target level: 1.63


Target values for the price of one Eargo share for Aug 2023.

The weighted average target price per Eargo share in Aug 2023 is: 1.18. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 31.780% volatility is expected.

Pessimistic target level: 0.95

Optimistic target level: 1.39


Target values for the price of one Eargo share for Sep 2023.

The weighted average target price per Eargo share in Sep 2023 is: 1.09. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 27.783% volatility is expected.

Pessimistic target level: 0.93

Optimistic target level: 1.29


Target values for the price of one Eargo share for Oct 2023.

The weighted average target price per Eargo share in Oct 2023 is: 1.10. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 22.263% volatility is expected.

Pessimistic target level: 0.93

Optimistic target level: 1.19


Target values for the price of one Eargo share for Nov 2023.

The weighted average target price per Eargo share in Nov 2023 is: 1.15. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 29.476% volatility is expected.

Pessimistic target level: 0.97

Optimistic target level: 1.38


Target values for the price of one Eargo share for Dec 2023.

The weighted average target price per Eargo share in Dec 2023 is: 1.15. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 25.932% volatility is expected.

Pessimistic target level: 1.00

Optimistic target level: 1.35




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.