Adagene Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Adagene stock has a target of 5.00, which predicts an increase of 81.82% from the current stock price of 2.75.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+81.82%	+81.82%	+81.82%	+81.82%

* Price targets were last updated on Oct 4, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Adagene is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	1
Buy	1	1	1	1	1	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Arthur He HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+81.82%	Oct 4, 2023
Arthur He HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+81.82%	Sep 1, 2023
Arthur He HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+81.82%	Apr 21, 2023
Arthur He HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+81.82%	Mar 29, 2023
Arthur He HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+81.82%	Mar 21, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 18.11M

Revenue Next Year

n/a

EPS This Year

-1.40

from -0.44

EPS Next Year

-1.49

from -1.40

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	480.00K	700.91K	10.18M	9.29M	18.11M	-	-	-	45.18M	129.39M
Revenue Growth	-68.24%	46.02%	1,351.71%	-8.67%	94.90%	-	-	-	-	186.39%
EPS	-1.38	-3.34	-1.83	-1.85	-0.44	-1.40	-1.49	-1.30	-	-
EPS Growth	-	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	4	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	n/a	n/a	46.5M	133.2M
Avg	n/a	n/a	n/a	45.2M	129.4M
Low	n/a	n/a	n/a	43.4M	124.3M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	-	-	194.8%
Avg	-	-	-	-	186.4%
Low	-	-	-	-	175.2%

EPS Forecast

EPS	2024	2025	2026
High	-1.44	-1.37	-1.33
Avg	-1.40	-1.49	-1.30
Low	-1.34	-1.60	-1.24

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.