Adagene Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Adagene stock has a consensus rating of "Strong Buy" and an average price target of $9.40. The average 1-year stock price forecast is 166.29% higher than the current stock price, while the lowest is $7.00 (+98.30%) and the highest is $14 (+296.60%).

Price Target: $9.40 (+166.29%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$9.40	$8.00	$14
Change	+98.30%	+166.29%	+126.63%	+296.60%

* Price targets were last updated on May 2, 2026.

Analyst Ratings

The average analyst rating for Adagene stock 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	6	6	6	5	5	5
Buy	0	0	0	0	0	0
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Charles Zhu LifeSci Capital	LifeSci Capital	Buy Reiterates $8	Buy	Reiterates	$8	+126.63%	May 2, 2026
Arthur He CFA H.C. Wainwright	H.C. Wainwright	Buy Reiterates $7	Buy	Reiterates	$7	+98.30%	Apr 7, 2026
Paul Jeng Guggenheim	Guggenheim	Buy Maintains $9 → $10	Buy	Maintains	$9 → $10	+183.29%	Apr 6, 2026

Financial Forecast

Revenue This Year

n/a

from 7.67M

-100.00%

from 7.67M

Revenue Next Year

1.82M

EPS This Year

-0.51

from -0.24

EPS Next Year

-0.52

from -0.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	10.18M	9.29M	18.11M	103.20K	7.67M	-
Revenue Growth	1,351.72%	-8.67%	94.90%	-99.43%	7,332.76%	-100.00%
Operating Income	-72.36M	-83.92M	-23.72M	-35.95M	-21.44M	-34.92M
Net Income	-73.18M	-79.97M	-18.95M	-33.42M	-17.61M	-31.27M
EPS	-	-	-	-	-0.24	-0.51
Free Cash Flow	-21.58M	-19.61M	-23.52M	-17.09M	-10.25M	-45.80M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2026	2027	2028
High	-100.0%
Avg	-100.0%
Low	-100.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.51
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-