NASDAQ:PRPO Precipio (PRPO) Stock Forecast, Price & News $5.74 +0.13 (+2.32%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$5.61▼$5.8750-Day Range$5.30▼$112.0052-Week Range$4.75▼$20.48Volume4,823 shsAverage Volume26,557 shsMarket Capitalization$7.92 millionP/E RatioN/ADividend YieldN/APrice Target$40.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Precipio MarketRank™ ForecastAnalyst Rating0.00 Rating ScoreUpside/Downside596.9% Upside$40.00 Price TargetShort InterestHealthy1.07% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.07Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.64 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, Precipio has a forecasted upside of 596.9% from its current price of $5.74.Amount of Analyst CoveragePrecipio has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.07% of the float of Precipio has been sold short.Short Interest Ratio / Days to CoverPrecipio has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Precipio has recently decreased by 92.54%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPrecipio does not currently pay a dividend.Dividend GrowthPrecipio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRPO. Previous Next 1.7 News and Social Media Coverage News SentimentPrecipio has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Precipio this week, compared to 0 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precipio insiders have not sold or bought any company stock.Percentage Held by Insiders10.60% of the stock of Precipio is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.43% of the stock of Precipio is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Book Value per Share RatioPrecipio has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Precipio (NASDAQ:PRPO) StockPrecipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; HemeScreen, a suite of robust genetic diagnostic panels; and COVID-19 antibody tests. It sells ICE- technology kits to bio-pharma customers. The company is based in New Haven, Connecticut.Read More PRPO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRPO Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comPrecipio (NASDAQ:PRPO) Shares Pass Below 200 Day Moving Average of $10.19September 28, 2023 | finance.yahoo.comPrecipio Continues to Sign New HemeScreen™ CustomersOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 25, 2023 | finance.yahoo.comPrecipio Reduces Product Revenue Result Needed for Cash Flow BreakevenSeptember 22, 2023 | finanznachrichten.dePrecipio, Inc.: Precipio Takes Final Step Towards Regaining Nasdaq ComplianceSeptember 13, 2023 | finance.yahoo.comPrecipio’s Pathology Division Exceeds Breakeven Revenues in August, Four Months Ahead of PlanAugust 20, 2023 | finance.yahoo.comBroker Revenue Forecasts For Precipio, Inc. (NASDAQ:PRPO) Are Surging HigherAugust 19, 2023 | finance.yahoo.comPrecipio, Inc. (NASDAQ:PRPO) Q2 2023 Earnings Call TranscriptOctober 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 16, 2023 | benzinga.comPrecipio's Earnings: A PreviewAugust 13, 2023 | finance.yahoo.comPrecipio, Inc.'s (NASDAQ:PRPO) Shares Not Telling The Full StoryAugust 11, 2023 | finance.yahoo.comPrecipio Announces Q2-2023 Shareholder Update CallAugust 8, 2023 | finance.yahoo.comPrecipio Launches Its Much-Anticipated Quantitative BCR-ABL 2.0 PanelAugust 3, 2023 | finance.yahoo.comPrecipio’s Operational Efficiency Measures Continue To Reduce Cash Burn And Move The Company Towards BreakevenAugust 1, 2023 | investing.comEnd in sight for U.S. insider trading case over healthcare leaksAugust 1, 2023 | finance.yahoo.comPrecipio Unaudited Q2-2023 Revenues Show combined increase of 25% over Q1-2023July 6, 2023 | msn.comPrecipio (PRPO) Price Target Decreased by 29.82% to 2.04June 13, 2023 | finance.yahoo.comPrecipio Enters into Collaboration with Prestigious New York-based Institution to Develop Revolutionary Brain Tumor Panel using HemeScreen® TechnologyJune 8, 2023 | msn.comWhy Oxford Industries Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day SessionJune 8, 2023 | marketwatch.comPrecipio Shares Slide Premarket on Sale of Equities >PRPOJune 8, 2023 | finance.yahoo.comPrecipio, Inc. Announces Pricing of $2 Million Registered Direct Offering and Concurrent Private PlacementJune 7, 2023 | finance.yahoo.comProjected cash burn reduced by $1.5 million annually from Three Operational Efficiency ProjectsMay 17, 2023 | msn.comPrecipio GAAP EPS of -$0.13 misses by $0.02, revenue of $2.82M beats by $0.02MMay 17, 2023 | finance.yahoo.comPrecipio Shares Growth Catalysts For HemeScreenMay 15, 2023 | finance.yahoo.comPrecipio Announces Q1-2023 Shareholder Update CallMay 4, 2023 | finance.yahoo.comPrecipio Signs Another HemeScreen™ CustomerMay 4, 2023 | finance.yahoo.comPrecipio Adds Substantial Pathology Customer to its Diagnostic Services DivisionSee More Headlines Receive PRPO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precipio and its competitors with MarketBeat's FREE daily newsletter. Email Address PRPO Company Calendar Last Earnings8/11/2023Today10/03/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Analytical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:PRPO CUSIPN/A CIK1043961 Webwww.precipiodx.com Phone(203) 787-7888Fax402-452-5401Employees53Year FoundedN/APrice Target and Rating Average Stock Price Forecast$40.00 High Stock Price Forecast$40.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+596.9%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-12,200,000.00 Net Margins-98.50% Pretax Margin-98.38% Return on Equity-68.54% Return on Assets-51.39% Debt Debt-to-Equity Ratio0.01 Current Ratio0.92 Quick Ratio0.81 Sales & Book Value Annual Sales$9.41 million Price / Sales0.84 Cash FlowN/A Price / Cash FlowN/A Book Value$14.34 per share Price / Book0.40Miscellaneous Outstanding Shares1,380,000Free Float1,232,000Market Cap$7.92 million OptionableNot Optionable Beta2.04 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Ilan Danieli (Age 51)Founder, Pres, CEO & Director Comp: $324.1kDr. Ayman A. Mohamed M.D. (Age 38)Chief Technology Officer Comp: $234.1kMr. Matthew Gage (Age 56)Interim Chief Financial Officer Mr. Ahmed Zaki Sabet (Age 36)Chief Operating Officer Ms. Miri Chiko-RadomskiChief Legal Counsel & People OfficerKey CompetitorsTalis BiomedicalNASDAQ:TLISTelesis BioNASDAQ:DNAYNeuroSense TherapeuticsNASDAQ:NRSNMonopar TherapeuticsNASDAQ:MNPRGalera TherapeuticsNASDAQ:GRTXView All CompetitorsInsiders & InstitutionsWalleye Capital LLCBought 2,325,081 shares on 8/15/2023Ownership: 9.919%Richard A SandbergBought 1,000 shares on 1/20/2023Total: $15,600.00 ($15.60/share)Ilan DanieliBought 825 shares on 1/3/2023Total: $9,900.00 ($12.00/share)Ahmed Zaki SabetBought 37 shares on 1/3/2023Total: $444.00 ($12.00/share)Ilan DanieliBought 550 shares on 10/3/2022Total: $9,570.00 ($17.40/share)View All Insider TransactionsView All Institutional Transactions PRPO Stock - Frequently Asked Questions What is Precipio's stock price forecast for 2023? 0 brokers have issued 1 year price objectives for Precipio's shares. Their PRPO share price forecasts range from $40.00 to $40.00. On average, they anticipate the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 596.9% from the stock's current price. View analysts price targets for PRPO or view top-rated stocks among Wall Street analysts. How have PRPO shares performed in 2023? Precipio's stock was trading at $11.0280 at the beginning of the year. Since then, PRPO shares have decreased by 48.0% and is now trading at $5.74. View the best growth stocks for 2023 here. When is Precipio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our PRPO earnings forecast. How were Precipio's earnings last quarter? Precipio, Inc. (NASDAQ:PRPO) announced its quarterly earnings data on Friday, August, 11th. The biotechnology company reported ($1.80) EPS for the quarter. The biotechnology company had revenue of $3.53 million for the quarter. Precipio had a negative trailing twelve-month return on equity of 68.54% and a negative net margin of 98.50%. When did Precipio's stock split? Shares of Precipio reverse split on Friday, September 22nd 2023. The 1-20 reverse split was announced on Friday, September 22nd 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 22nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What other stocks do shareholders of Precipio own? Based on aggregate information from My MarketBeat watchlists, some companies that other Precipio investors own include Biocept (BIOC), Heat Biologics (HTBX), Portola Pharmaceuticals (PTLA), iBio (IBIO), Inovio Pharmaceuticals (INO), T2 Biosystems (TTOO), VBI Vaccines (VBIV), Co-Diagnostics (CODX), Inpixon (INPX) and Jaguar Health (JAGX). What is Precipio's stock symbol? Precipio trades on the NASDAQ under the ticker symbol "PRPO." How do I buy shares of Precipio? Shares of PRPO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Precipio's stock price today? One share of PRPO stock can currently be purchased for approximately $5.74. How much money does Precipio make? Precipio (NASDAQ:PRPO) has a market capitalization of $7.92 million and generates $9.41 million in revenue each year. How can I contact Precipio? Precipio's mailing address is 4 Science Park, New Haven CT, 06511. The official website for the company is www.precipiodx.com. The biotechnology company can be reached via phone at (203) 787-7888, via email at investors@precipiodx.com, or via fax at 402-452-5401. 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