Why Did Outset Medical Inc (OM) Stock Soar 10.15%?

Generated by AI AgentAinvest Movers Radar
Monday, Mar 24, 2025 5:35 am ET1min read

On March 24, 2025, Outset Medical's stock price surged by 10.15% in pre-market trading, indicating a strong bullish sentiment among investors.

Outset Medical Inc (OM) experienced a significant decline in its stock price on March 22, dropping by 10.90% during mid-day trading. The stock hit an intraday low of $9.30 before slightly recovering to $10.05, down from its previous close of $11.28. This decline placed

87.16% below its 52-week high of $78.30 and 71.79% above its 52-week low of $5.85.

Analysts have provided varied price targets for

Inc, with an average target price of $56.25, suggesting a potential upside of 459.70% from the current price. The consensus recommendation from brokerage firms indicates an "Outperform" status, with a rating scale ranging from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Outset Medical Inc to be $189.27 in one year, implying a significant upside of 1783.28% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections.

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