Scilex Holding Company (SCLX)
NASDAQ: SCLX · IEX Real-Time Price · USD
2.150
+0.540 (33.54%)
At close: Jun 17, 2024, 4:00 PM
2.149
-0.001 (-0.05%)
After-hours: Jun 17, 2024, 7:59 PM EDT
Scilex Holding Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SCLX stock have an average target of 8.00, with a low estimate of 4.00 and a high estimate of 13. The average target predicts an increase of 272.09% from the current stock price of 2.15.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SCLX stock from 3 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +225.58% | Jun 17, 2024 |
| Rodman & Renshaw | Rodman & Renshaw | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +504.65% | Jun 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +225.58% | Jun 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +225.58% | May 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $12 → $8 | Strong Buy | Maintains | $12 → $8 | +272.09% | May 3, 2024 |
Financial Forecast
Revenue This Year
88.75M
from 46.74M
Increased by 89.87%
Revenue Next Year
60.17M
from 88.75M
Decreased by -32.20%
EPS This Year
-0.66
from -1.28
EPS Next Year
-0.77
from -0.66
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 76.0M | 171.3M | 127.4M | 173.6M | 231.1M |
| Avg | 60.2M | 107.5M | 123.7M | 168.6M | 224.5M |
| Low | 44.7M | 46.6M | 118.9M | 162.0M | 215.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.6% | 184.7% | 18.5% | 40.3% | 37.0% |
| Avg | 28.7% | 78.6% | 15.1% | 36.3% | 33.1% |
| Low | -4.4% | -22.5% | 10.6% | 30.9% | 27.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.49 | -0.15 | -0.79 |
| Avg | -0.77 | -0.47 | -0.77 |
| Low | -1.02 | -0.77 | -0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| 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.