Sight Sciences Stock Target Price and Analyst Consensus

SGHT Stock  USD 3.91  0.07  1.76%   
The current analyst and expert consensus on Sight Sciences is Buy with 6 hold recommendations. The current projected Sight Sciences target price consensus is 4.63 with 7 analyst opinions. One of the most common ways Sight Sciences analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Sight Sciences vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Sight Sciences. We strongly encourage you to use your own analysis of Sight Sciences to validate this buy or sell advice. Sight Sciences recommendation module provides expert sentiment on the projected Sight Sciences target price to derive its highest and lowest estimates based on target price standard deviation of 4.0714.
Lowest Forecast
4.21
Highest Forecast
5.14
Target Price
4.63
Gross Profit is likely to drop to about 38.3 M in 2024. Pretax Profit Margin is likely to drop to -0.72 in 2024. At this time, Sight Sciences' Short Term Debt is comparatively stable compared to the past year.
  
It's important to approach Sight Sciences' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Sight Sciences price targets

Sight Sciences' stock target price is an estimate of its future price, usually made by analysts. Using Sight Sciences' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Sight Sciences' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Sight Sciences' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Sight Sciences Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Sight Sciences is a key component of Sight Sciences valuation and have some predictive power on the future returns of a Sight Sciences.
Hype
Prediction
LowEstimatedHigh
0.193.747.81
Details
Intrinsic
Valuation
LowRealHigh
0.174.248.31
Details
Naive
Forecast
LowNextHigh
0.274.348.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.27-0.24-0.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sight Sciences. Your research has to be compared to or analyzed against Sight Sciences' peers to derive any actionable benefits. When done correctly, Sight Sciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sight Sciences.

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Additional Tools for Sight Stock Analysis

When running Sight Sciences' price analysis, check to measure Sight Sciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sight Sciences is operating at the current time. Most of Sight Sciences' value examination focuses on studying past and present price action to predict the probability of Sight Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sight Sciences' price. Additionally, you may evaluate how the addition of Sight Sciences to your portfolios can decrease your overall portfolio volatility.