Cautious Optimism for Airsculpt Technologies Amid Financial Adjustments and Unchanged Forecasts

Analyst Whit Mayo of Leerink Partners reiterated a Hold rating on Airsculpt Technologies (AIRS – Research Report), boosting the price target to $4.50.

Whit Mayo has given his Hold rating due to a combination of factors surrounding Airsculpt Technologies. The recent equity financing, which involved a public offering of shares, has allowed the company to address a significant debt repayment obligation, thereby alleviating some financial pressure. Despite this positive development, the company’s financial forecasts remain unchanged, with EBITDA and EPS projections for 2025 and 2026 staying consistent with prior estimates.
Furthermore, while the price target has been raised to $4.50, reflecting a higher valuation multiple based on expected improvements in margins, this is tempered by the tightening of leverage covenants in the latter half of 2025. The decision to maintain a Hold rating suggests that while there are positive signs, there are still uncertainties and challenges that warrant a cautious approach to the stock.

AIRS’s price has also changed moderately for the past six months – from $5.980 to $5.060, which is a -15.38% drop .