NASDAQ:TCMD - Tactile Systems Technology Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $53.33
  • Forecasted Upside: 158.02 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$20.67
▼ -1.19 (-5.44%)

This chart shows the closing price for TCMD by one month, three months, or twelve months.

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Analyst Price Target for TCMD

Analyst Price Target is $53.33
▲ +158.02% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Tactile Systems Technology in the last 3 months. The average price target is $53.33, with a high forecast of $70.00 and a low forecast of $45.00. The average price target represents a 158.02% upside from the last price of $20.67.

This chart shows the closing price for TCMD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Tactile Systems Technology. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/4/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/1/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/30/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/27/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/9/2021OppenheimerLower Price TargetOutperform ➝ Outperform$62.00 ➝ $45.00High
11/9/2021Piper SandlerLower Price TargetOverweight$70.00 ➝ $45.00High
11/9/2021BTIG ResearchBoost Price TargetNeutral ➝ Buy$44.00 ➝ $70.00High
1/25/2021BTIG ResearchBoost Price TargetAverage ➝ In-Line$51.00 ➝ $60.00High
11/13/2020OppenheimerUpgradeMarket Perform ➝ Outperform$55.00High
8/4/2020Canaccord GenuityReiterated RatingBuy$62.00High
8/3/2020OppenheimerInitiated CoverageHoldHigh
5/5/2020Canaccord GenuityReiterated RatingBuyLow
5/4/2020OppenheimerInitiated CoverageHoldLow
4/23/2020BTIG ResearchReiterated RatingBuyHigh
4/7/2020Canaccord GenuityLower Price TargetBuy$85.00 ➝ $62.00High
4/7/2020BTIG ResearchLower Price TargetBuy$72.00 ➝ $63.00High
4/6/2020Piper SandlerReiterated RatingBuy$70.00High
2/27/2020Canaccord GenuityReiterated RatingBuyHigh
12/12/2019BTIG ResearchReiterated RatingBuy ➝ Positive$72.00Medium
11/18/2019Piper Jaffray CompaniesInitiated CoverageBuy$70.00Medium
11/5/2019Piper Jaffray CompaniesLower Price TargetOverweight$84.00 ➝ $70.00High
10/22/2019OppenheimerInitiated CoverageMarket PerformHigh
8/7/2019BTIG ResearchUpgradeNeutral ➝ Buy$62.00Medium
6/13/2019Dougherty & CoInitiated CoverageBuy ➝ Buy$80.00Medium
5/7/2019GuggenheimBoost Price TargetBuy$95.00 ➝ $100.00High
5/6/2019Piper Jaffray CompaniesBoost Price TargetOverweight$84.00High
3/22/2019Northland SecuritiesReiterated RatingHold$50.00High
3/5/2019BTIG ResearchReiterated RatingHoldHigh
3/1/2019Canaccord GenuityBoost Price TargetBuy$55.00 ➝ $80.00High
1/11/2019Northland SecuritiesReiterated RatingHold$38.00Low
1/7/2019Piper Jaffray CompaniesBoost Price TargetOverweight ➝ Positive$80.00High
1/2/2019Northland SecuritiesUpgradeUnder Perform ➝ Market PerformHigh
11/6/2018BTIG ResearchReiterated RatingHoldHigh
9/10/2018Piper Jaffray CompaniesReiterated RatingOverweight$77.00High
9/6/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$65.00 ➝ $75.00Medium
8/7/2018Canaccord GenuityReiterated RatingBuy$60.00 ➝ $65.00High
6/25/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$56.00 ➝ $60.00Low
6/4/2018Northland SecuritiesDowngradeMarket Perform ➝ Under PerformHigh
6/4/2018BTIG ResearchDowngradeBuy ➝ NeutralHigh
6/1/2018Piper Jaffray CompaniesBoost Price TargetOverweight$53.00High
5/7/2018Piper Jaffray CompaniesBoost Price TargetOutperform$44.00High
2/27/2018Northland SecuritiesDowngradeOutperform ➝ Market PerformHigh
2/27/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$37.00 ➝ $42.00High
2/20/2018Piper Jaffray CompaniesUpgradeBuy$36.00High
1/3/2018Canaccord GenuityReiterated RatingBuy$37.00Low
12/8/2017SidotiInitiated CoverageNeutral ➝ NeutralLow
11/9/2017BTIG ResearchUpgradeNeutral ➝ BuyN/A
10/17/2017Northland SecuritiesInitiated CoverageMarket PerformN/A
10/16/2017Northland SecuritiesReiterated RatingHold$31.50N/A
10/12/2017GuggenheimInitiated CoverageBuy ➝ Buy$47.00N/A
9/18/2017BTIG ResearchDowngradeBuy ➝ NeutralMedium
8/8/2017Canaccord GenuityReiterated RatingBuy$28.00 ➝ $37.00High
8/8/2017Piper Jaffray CompaniesBoost Price TargetOverweight$30.00 ➝ $36.00High
3/10/2017BTIG ResearchReiterated RatingBuy$26.00N/A
2/28/2017Canaccord GenuityReiterated RatingBuyN/A
1/8/2017BTIG ResearchReiterated RatingBuy$26.00N/A
(Data available from 11/27/2016 forward)

News Sentiment Rating

-0.06 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/30/2021
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2021
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 1 very positive mentions
  • 11 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
11/27/2021

Current Sentiment

  • 1 very positive mentions
  • 11 positive mentions
  • 6 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Tactile Systems Technology logo
Tactile Systems Technology, Inc. is a medical technology company. It develops and provides innovative medical devices for the treatment of chronic diseases at home. The company focus on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures. It possesses a platform to deliver at-home healthcare solutions throughout the United States. Tactile Systems Technology was founded on January 30, 1995 and is headquartered in Minneapolis, MN.
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Today's Range

Now: $20.67
Low: $20.31
High: $22.09

50 Day Range

MA: $36.63
Low: $20.67
High: $45.93

52 Week Range

Now: $20.67
Low: $20.31
High: $64.53

Volume

113,403 shs

Average Volume

156,577 shs

Market Capitalization

$409.74 million

P/E Ratio

53.00

Dividend Yield

N/A

Beta

1.43

Frequently Asked Questions

What sell-side analysts currently cover shares of Tactile Systems Technology?

The following Wall Street sell-side analysts have issued reports on Tactile Systems Technology in the last year: BTIG Research, Oppenheimer Holdings Inc., Piper Sandler, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for TCMD.

What is the current price target for Tactile Systems Technology?

3 Wall Street analysts have set twelve-month price targets for Tactile Systems Technology in the last year. Their average twelve-month price target is $53.33, suggesting a possible upside of 158.0%. BTIG Research has the highest price target set, predicting TCMD will reach $70.00 in the next twelve months. Oppenheimer Holdings Inc. has the lowest price target set, forecasting a price of $45.00 for Tactile Systems Technology in the next year.
View the latest price targets for TCMD.

What is the current consensus analyst rating for Tactile Systems Technology?

Tactile Systems Technology currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TCMD will outperform the market and that investors should add to their positions of Tactile Systems Technology.
View the latest ratings for TCMD.

What other companies compete with Tactile Systems Technology?

How do I contact Tactile Systems Technology's investor relations team?

Tactile Systems Technology's physical mailing address is 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413. The company's listed phone number is (612) 355-5100 and its investor relations email address is [email protected] The official website for Tactile Systems Technology is www.tactilemedical.com.