Amarin Corporation plc (AMRN)
NASDAQ: AMRN · IEX Real-Time Price · USD
0.872
-0.045 (-4.94%)
At close: Apr 18, 2024, 4:00 PM
0.880
+0.008 (0.94%)
After-hours: Apr 18, 2024, 7:48 PM 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 23.88% from the current stock price of 0.87.
Analyst Consensus: Sell
* Price targets were last updated on Oct 25, 2023.
Analyst Ratings
The average analyst rating for AMRN stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +14.71% | Oct 25, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $1.5 → $1 | Strong Sell | Maintains | $1.5 → $1 | +14.71% | Jul 20, 2023 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $2 → $1.25 | Hold | Maintains | $2 → $1.25 | +43.38% | Jul 19, 2023 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $1.3 → $3 | Hold → Strong Buy | Upgrades | $1.3 → $3 | +244.12% | Jan 6, 2023 |
Financial Forecast
Revenue This Year
226.96M
from 306.91M
Decreased by -26.05%
Revenue Next Year
236.83M
from 226.96M
Increased by 4.35%
EPS This Year
-0.14
from -0.15
EPS Next Year
-0.13
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 281.2M | 349.3M | 416.9M | 511.9M | 635.2M |
| Avg | 227.0M | 236.8M | 307.7M | 388.8M | 617.0M |
| Low | 181.4M | 165.3M | 205.3M | 269.3M | 592.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -8.4% | 53.9% | 76.0% | 66.4% | 63.4% |
| Avg | -26.1% | 4.3% | 29.9% | 26.3% | 58.7% |
| Low | -40.9% | -27.2% | -13.3% | -12.5% | 52.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.06 | 0.06 | 0.18 | 0.05 |
| Avg | -0.14 | -0.13 | 0.02 | 0.05 |
| Low | -0.20 | -0.24 | -0.13 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 208.8% |
| Avg | - | - | - | 199.9% |
| Low | - | - | - | 188.2% |
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.