▼ -7.00% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Myomo in the last 3 months. The average price target is $10.50, with a high forecast of $15.00 and a low forecast of $7.00. The average price target represents a -7.00% upside from the last price of $11.29.
The current consensus among 4 contributing investment analysts is to buy stock in Myomo. This Buy consensus rating has held steady for over two years.
Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace orthosis product used for supporting a patient's weak or paralyzed arm to enable and enhance functional activities of daily living, ADLs, in the home and community. Its products are designed to help restore function in individuals with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury, and other neurological disorders. The company sells its products to orthotics and prosthetics providers, the Veterans Health Administration, rehabilitation hospitals, and distributors. Myomo, Inc. was incorporated in 2004 and is headquartered in Cambridge, Massachusetts.