Adagene Inc. (ADAG)
NASDAQ: ADAG · Real-Time Price · USD
2.900
+0.040 (1.40%)
Oct 24, 2024, 4:00 PM EDT - Market closed
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 72.41% from the current stock price of 2.90.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 18, 2024.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 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 | 3 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +72.41% | Sep 18, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +72.41% | Jul 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +72.41% | Jun 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +72.41% | Oct 4, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +72.41% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
9.44M
from 18.11M
Decreased by -47.91%
Revenue Next Year
9.69M
from 9.44M
Increased by 2.70%
EPS This Year
-0.73
from -0.44
EPS Next Year
-1.00
from -0.73
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0M | 21.0M | 22.1M | ||
| Avg | 9.4M | 9.7M | 13.3M | ||
| Low | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 122.6% | 127.6% | ||
| Avg | -47.9% | 2.7% | 36.8% | ||
| Low | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.46 | -0.61 | -0.66 |
| Avg | -0.73 | -1.00 | -0.92 |
| Low | -0.86 | -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.