139.4% Below Target

The consensus Wall Street price target for CNMD is $78, representing 139.4% upside from the current price of $32.58. With 21 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

CNMD has a consensus rating of "Hold" based on 21 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $78 implies 139.4% upside from current levels.

With a forward P/E of 7.4639x, CNMD trades at a relatively low valuation. The consensus target of $78 implies 139.4% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $95 for CNMD, while the most conservative target is $61. The consensus of $78 represents the median expectation. Our quantitative valuation model projects a bull case target of $82 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CNMD is well covered by analysts, with 21 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 14 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CNMD stock forecast based on 21 Wall Street analysts shows a consensus price target of $78, with estimates ranging from $61 (bear case) to $95 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $62, with bear/bull scenarios of $39/$82.

Our quantitative valuation model calculates CNMD's fair value at $62 (base case), with a bear case of $39 and bull case of $82. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.

CNMD trades at a forward P/E ratio of 7.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 21.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on CNMD, with a "Hold" consensus rating and $78 price target (139.4% upside). 7 of 21 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CNMD analyst price targets range from $61 to $95, a 44% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $78 consensus represents the middle ground. Our model's $39-$82 range provides an independent fundamental perspective.