Financial PerformanceLucid Diagnostics is expected to see significant revenue growth in 2024 and 2025, which could drive the stock higher.
Market OpportunityThe large addressable domestic market opportunity for EsoGuard is estimated at $2 billion, based on tens of millions of U.S. patients with gastroesophageal reflux disease.
Product CommercializationLucid Diagnostics plans to advance commercialization of its main products, EsoGuard and EsoCheck, which could act as catalysts for the stock.