Amarin Corporation plc (AMRN)
NASDAQ: AMRN · IEX Real-Time Price · USD
0.785
-0.005 (-0.65%)
At close: Jul 19, 2024, 4:00 PM
0.797
+0.012 (1.55%)
Pre-market: Jul 22, 2024, 4:55 AM EDT
Amarin Corporation Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Amarin Corporation stock have an average target of 1.08, with a low estimate of 1.00 and a high estimate of 1.25. The average target predicts an increase of 37.61% from the current stock price of 0.78.
Analyst Consensus: Hold
* Price targets were last updated on Oct 25, 2023.
Analyst Ratings
The average analyst rating for AMRN stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 18, 2024 |
| JP Morgan | JP Morgan | Sell Initiates n/a | Sell | Initiates | n/a | n/a | Nov 20, 2023 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $3 → $1 | Strong Buy → Hold | Downgrades | $3 → $1 | +27.42% | Oct 25, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $1.5 → $1 | Strong Sell | Maintains | $1.5 → $1 | +27.42% | Jul 20, 2023 |
Financial Forecast
Revenue This Year
206.16M
from 306.91M
Decreased by -32.83%
Revenue Next Year
212.69M
from 206.16M
Increased by 3.17%
EPS This Year
-0.15
from -0.15
EPS Next Year
-0.14
from -0.15
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 241.2M | 293.4M | 359.2M | 452.6M | 574.0M |
| Avg | 206.2M | 212.7M | 276.0M | 335.3M | 557.6M |
| Low | 175.5M | 153.4M | 177.4M | 221.9M | 535.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -21.4% | 42.3% | 68.9% | 64.0% | 71.2% |
| Avg | -32.8% | 3.2% | 29.8% | 21.5% | 66.3% |
| Low | -42.8% | -25.6% | -16.6% | -19.6% | 59.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.14 | -0.09 | 0.06 | -0.05 |
| Avg | -0.15 | -0.14 | -0.01 | -0.05 |
| Low | -0.17 | -0.20 | -0.10 | -0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.