On May 1, 2025, Needham analyst David Saxon maintained a "Buy" rating for Glaukos (GKOS, Financial). Despite the reaffirmation of the rating, the firm has adjusted the price target, lowering it from USD 176.00 to USD 115.00. This represents a significant downward revision with a percentage change of -34.66% from the prior target.
Glaukos, which trades under the ticker GKOS on the NYSE, has been under close watch by analysts, with Needham's latest update reflecting the dynamic nature of the market and potential valuation shifts. The "Buy" rating indicates continued confidence in Glaukos's prospects, despite the revised price target.
This adjustment in the price target comes as market analysts evaluate new data or shift their perspectives based on current industry trends and the company's performance metrics. Stakeholders and potential investors in Glaukos (GKOS, Financial) should take note of these updates as part of their investment decision-making process.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Glaukos Corp (GKOS, Financial) is $149.31 with a high estimate of $191.00 and a low estimate of $110.00. The average target implies an upside of 85.82% from the current price of $80.35. More detailed estimate data can be found on the Glaukos Corp (GKOS) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Glaukos Corp's (GKOS, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Glaukos Corp (GKOS, Financial) in one year is $107.33, suggesting a upside of 33.58% from the current price of $80.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Glaukos Corp (GKOS) Summary page.
