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Asset logo for symbol TELA
Tela Bio
TELA56
$1.15arrow_drop_up3.18%$0.03
Penny Stock
Asset logo for symbol TELA
TELA56

$1.15

arrow_drop_up3.18%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Tela Bio (TELA) Stocklytics Forecast

Tela Bio Inc (TELA) is a medical technology company that specializes in the development and commercialization of advanced surgical implants for soft tissue reconstruction. The company's flagship product, OviTex, is a three-dimensional surgical mesh that is designed to support and reinforce damaged or weakened soft tissues in various surgical procedures. With a strong focus on innovation and a commitment to improving patient outcomes, Tela Bio has positioned itself as a leader in the field of regenerative medicine.
When it comes to the stock price forecast for Tela Bio Inc (TELA), there are several factors to consider. One of the key factors is the company's financial performance and growth prospects. Tela Bio has been experiencing steady revenue growth in recent years, driven by increased market adoption of its products. This positive trend is expected to continue in the coming years, which could have a positive impact on the stock price. Additionally, the company has a strong pipeline of new products in development, which could further drive its growth and increase investor confidence.
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Frequently Asked Questions

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What is the analyst price prediction for Tela Bio (TELA) stock?

Analysts have set a target price of $16.5 for Tela Bio (TELA), based on forecasts from 6 analysts. The predicted price range extends from a high of $20 to a low of $14. This represents a potential increase of up to 1.64K% and a decrease of 1.12K% from the current price of $1.15. These forecasts are as of 2019 Dec 03.
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What are the analyst ratings for Tela Bio (TELA) stock?

The analyst ratings for Tela Bio (TELA) are distributed as follows: 4 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 5 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Tela Bio .
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What is the AI price prediction for Tela Bio (TELA) stock?

At present, there is no AI or machine-learning-based price prediction available for Tela Bio (TELA) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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