While Icad Inc has underperformed by -5.90%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ICAD rose by 94.23%, with highs and lows ranging from $3.78 to $1.18, whereas the simple moving average jumped by 57.65% in the last 200 days.
On April 17, 2025, Laidlaw Downgraded Icad Inc (NASDAQ: ICAD) to Hold. A report published by BTIG Research on April 17, 2025, Downgraded its rating to ‘Neutral’ for ICAD. Guggenheim Initiated an Buy rating on April 22, 2021, and assigned a price target of $24. BTIG Research initiated its ‘Buy’ rating for ICAD, as published in its report on March 23, 2021. Oppenheimer’s report from February 26, 2021 suggests a price prediction of $27 for ICAD shares, giving the stock a ‘Outperform’ rating. Cantor Fitzgerald also rated the stock as ‘Overweight’.
Analysis of Icad Inc (ICAD)
Further, the quarter-over-quarter increase in sales is 14.07%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Icad Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -18.09% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.40, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and ICAD is recording an average volume of 887.81K. On a monthly basis, the volatility of the stock is set at 8.17%, whereas on a weekly basis, it is put at 8.19%, with a gain of 70.22% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.33, showing growth from the present price of $3.03, which can serve as yet another indication of whether ICAD is worth investing in or should be passed over.
How Do You Analyze Icad Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.71%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 19.14% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ICAD shares are owned by institutional investors to the tune of 19.14% at present.
