Opthea Limited (OPT)
NASDAQ: OPT · IEX Real-Time Price · USD
3.410
-0.060 (-1.73%)
May 17, 2024, 3:58 PM EDT - Market closed
Opthea Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Opthea stock have an average target of 15, with a low estimate of 14 and a high estimate of 16. The average target predicts an increase of 339.88% from the current stock price of 3.41.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 13, 2023.
Analyst Ratings
The average analyst rating for Opthea stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Oppenheimer | Oppenheimer | Buy Maintains $31 → $16 | Buy | Maintains | $31 → $16 | +369.21% | Sep 13, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +310.56% | Aug 1, 2023 |
EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +574.49% | May 16, 2023 |
EF Hutton | EF Hutton | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +574.49% | Apr 17, 2023 |
Oppenheimer | Oppenheimer | Buy Maintains $36 → $31 | Buy | Maintains | $36 → $31 | +809.09% | Mar 13, 2023 |
Financial Forecast
Revenue This Year
150.19K
from 385.28K
Decreased by -61.02%
Revenue Next Year
150.19K
from 150.19K
EPS This Year
-0.37
from -2.58
EPS Next Year
-0.23
from -0.37
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 156,135 | 156,135 | 162,141 | 1.0B | 685.7M |
Avg | 150,187 | 150,187 | 155,964 | 406.2M | 426.7M |
Low | 145,726 | 145,726 | 151,332 | 72.9M | 131.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -59.5% | 4.0% | 8.0% | 647,484.5% | 68.8% |
Avg | -61.0% | - | 3.8% | 260,357.2% | 5.0% |
Low | -62.2% | -3.0% | 0.8% | 46,619.1% | -67.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.32 | -0.20 | -0.08 | 1.07 | 0.44 |
Avg | -0.37 | -0.23 | -0.10 | 0.23 | 0.16 |
Low | -0.42 | -0.25 | -0.12 | -0.23 | -0.17 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | - | - | 95.9% |
Avg | - | - | - | - | -28.0% |
Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.