iCAD Future Growth

Future criteria checks 1/6

iCAD is forecast to grow earnings and revenue by 30.7% and 17.2% per annum respectively while EPS is expected to grow by 32.9% per annum.

Key information

30.7%

Earnings growth rate

32.9%

EPS growth rate

Healthcare Services earnings growth	27.4%
Revenue growth rate	17.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

iCAD, Inc. (NASDAQ:ICAD) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Feb 29

Earnings and Revenue Growth Forecasts

NasdaqCM:ICAD - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	29	-2	N/A	N/A	2
12/31/2025	24	-5	N/A	N/A	2
12/31/2024	19	-6	N/A	N/A	3
12/31/2023	17	-7	-6	-5	N/A
9/30/2023	25	-13	-7	-7	N/A
6/30/2023	26	-15	-8	-8	N/A
3/31/2023	26	-14	-10	-10	N/A
12/31/2022	20	-10	-13	-13	N/A
9/30/2022	23	-12	-12	-11	N/A
6/30/2022	28	-11	-11	-11	N/A
3/31/2022	33	-13	-11	-10	N/A
12/31/2021	34	-11	-10	-9	N/A
9/30/2021	36	-9	-9	-9	N/A
6/30/2021	34	-8	-10	-9	N/A
3/31/2021	32	-7	-10	-9	N/A
12/31/2020	30	-18	-7	-7	N/A
9/30/2020	29	-19	-9	-8	N/A
6/30/2020	29	-21	-9	-8	N/A
3/31/2020	31	-22	-7	-7	N/A
12/31/2019	31	-14	-7	-7	N/A
9/30/2019	29	-14	-7	-6	N/A
6/30/2019	27	-12	-5	-5	N/A
3/31/2019	26	-9	-5	-5	N/A
12/31/2018	26	-9	-4	-4	N/A
9/30/2018	27	-10	-4	-4	N/A
6/30/2018	27	-15	-6	-6	N/A
3/31/2018	28	-17	-7	-6	N/A
12/31/2017	28	-14	-8	-7	N/A
9/30/2017	27	-13	N/A	-7	N/A
6/30/2017	26	-9	N/A	-6	N/A
3/31/2017	27	-8	N/A	-5	N/A
12/31/2016	26	-10	N/A	-5	N/A
9/30/2016	27	-9	N/A	-6	N/A
6/30/2016	31	-7	N/A	-5	N/A
3/31/2016	34	-33	N/A	-4	N/A
12/31/2015	42	-32	N/A	-2	N/A
9/30/2015	48	-30	N/A	3	N/A
6/30/2015	50	-29	N/A	6	N/A
3/31/2015	49	-3	N/A	5	N/A
12/31/2014	44	-1	N/A	3	N/A
9/30/2014	39	-5	N/A	2	N/A
6/30/2014	35	-6	N/A	-3	N/A
3/31/2014	33	-7	N/A	-2	N/A
12/31/2013	33	-8	N/A	-1	N/A
9/30/2013	31	-6	N/A	-3	N/A
6/30/2013	31	-7	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICAD is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ICAD is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ICAD is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ICAD's revenue (17.2% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: ICAD's revenue (17.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ICAD's Return on Equity is forecast to be high in 3 years time

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iCAD Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

No longer forecast to breakeven

Consensus revenue estimates fall by 12%

Forecast to breakeven in 2026

Consensus revenue estimates decrease by 16%

Consensus EPS estimates upgraded to US$0.37 loss, revenue downgraded

Price target increased by 10% to US$4.88

Recent updates

No longer forecast to breakeven

iCAD, Inc. Showcases New Profound Cloud, Enhanced Profound Detection Workstation Features at SBI Annual Symposium

iCAD, Inc. Announces Commercial Availability of ProFound Cloud

Consensus revenue estimates fall by 12%

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Share price stability

iCAD, Inc. (NASDAQ:ICAD) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

iCAD, Inc. to Report Q4, 2023 Results on Mar 12, 2024

iCAD, Inc. Appoints Michael John Doyle to its Board of Directors

Forecast to breakeven in 2026

iCAD, Inc. Expands Executive Sales Leadership Team as Business Grows

iCAD, Inc. to Present New Studies Valuating its Artificial Intelligence Powered ProFound Breast Health Suite

iCAD, Inc. to Present New Studies Valuating its Artificial Intelligence Powered ProFound Breast Health Suite

New minor risk - Shareholder dilution

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus revenue estimates decrease by 16%

iCAD, Inc. to Report Q3, 2023 Results on Nov 13, 2023

New minor risk - Profitability

Elekta AB (publ) (OM:EKTA B) agreed to acquire Xoft, Inc. from iCAD, Inc. (NasdaqCM:ICAD).

We're Hopeful That iCAD (NASDAQ:ICAD) Will Use Its Cash Wisely

Consensus EPS estimates upgraded to US$0.37 loss, revenue downgraded

Health Canada Grants Device License for iCAD's Profound Risk 2.0, Revolutionizing Breast Cancer Risk Via A 1-2 Year Assessment

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

iCAD, Inc. to Report Q2, 2023 Results on Aug 14, 2023

Price target increased by 10% to US$4.88

We Think iCAD (NASDAQ:ICAD) Needs To Drive Business Growth Carefully

Consensus EPS estimates fall by 22%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Executive Chair recently bought US$52k worth of stock

No longer forecast to breakeven

Price target decreased by 38% to US$5.08

Will iCAD (NASDAQ:ICAD) Spend Its Cash Wisely?

iCAD, Inc. Appoints Bill Keyes as Senior Vice President, US Commercial Sales, AI

iCAD, Inc. Appoints Dana Brown as Executive Chair of the Board of Directors

iCAD, Inc. Announces Nathaniel Dalton's Resignation from His Position as A Member of the Board

Consensus revenue estimates fall by 11%

Price target decreased to US$8.17

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Is iCAD (NASDAQ:ICAD) In A Good Position To Invest In Growth?

iCAD, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Consensus revenue estimates fall by 15%

Forecast to breakeven in 2024

iCAD, Inc. to Report Q2, 2022 Results on Aug 10, 2022

iCAD, Inc.(NasdaqCM:ICAD) dropped from Russell 2000 Dynamic Index

Companies Like iCAD (NASDAQ:ICAD) Are In A Position To Invest In Growth

iCad, Inc. Announces CFO Changes

Icad, Inc. Announces Chief Financial Officer Changes

Icad, Inc. Announces That New Research Supporting Profound Ai for Digital Breast Tomosynthesis

iCAD, Inc. Announces Promising Clinical Research Supporting Profound Ai(R) Risk for Digital Breast Tomosynthesis

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

iCAD, Inc., Annual General Meeting, Jun 17, 2022

iCAD Announces Significant Commercial Momentum for ProFound AI Among Customers Equipped with the Provider of 3D Mammography Systems

No longer forecast to breakeven

iCAD, Inc. Announces Board Changes

iCAD, Inc. Announces Additional Patients Treated Under GLIOX Trial and Continued Global Momentum for Xoft Intraoperative Radiation Therapy for Brain, Rectal, Head and Neck Tumor Treatment

Consensus EPS estimates fall by 71%

Full year 2021 earnings: EPS exceeds analyst expectations

iCAD (NASDAQ:ICAD) Is In A Good Position To Deliver On Growth Plans

iCAD, Inc. to Report Q4, 2021 Results on Feb 28, 2022

iCAD: Downside Seems Limited

Consensus EPS estimates fall by 11%

iCAD, Inc. (NASDAQ:ICAD) Analysts Just Cut Their EPS Forecasts Substantially

Price target decreased to US$19.43

Forecast breakeven date pushed back to 2024

iCAD, Inc. Provides Revenue Guidance for the Fourth Quarter of 2021 and for the Full Year 2021

iCAD, Inc. announces First Recurrent Glioblastoma Tumor is Treated with Xoft Brain IORT in the United States

Executive Chairman & CEO recently bought US$99k worth of stock

Price target decreased to US$21.43