Avadel Pharmaceuticals plc (AVDL)
NASDAQ: AVDL · IEX Real-Time Price · USD
16.27
-0.64 (-3.78%)
Jul 17, 2024, 4:00 PM EDT - Market closed

Avadel Pharmaceuticals Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for AVDL stock have an average target of 24.17, with a low estimate of 21 and a high estimate of 29. The average target predicts an increase of 48.56% from the current stock price of 16.27.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $21 $24.17 $23 $29
Change +29.07% +48.56% +41.36% +78.24%
* Price targets were last updated on May 9, 2024.

Analyst Ratings

The average analyst rating for AVDL stock from 6 stock analysts 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 455444
Buy 333222
Hold 000000
Sell 000000
Strong Sell 000000
Total 788666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +35.22% May 9, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$25$27
Strong Buy Maintains $25$27 +65.95% May 9, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$22$23
Strong Buy Maintains $22$23 +41.36% May 9, 2024
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +35.22% May 8, 2024
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +35.22% Apr 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
171.69M
from 27.96M
Increased by 513.99%
Revenue Next Year
305.36M
from 171.69M
Increased by 77.86%
EPS This Year
-0.52
from -2.00
EPS Next Year
0.79
from -0.52
Year 2019202020212022202320242025202620272028
Revenue
59.22M22.33M--27.96M171.69M305.36M408.21M481.25M531.04M
Revenue Growth
-42.66%-62.28%---513.99%77.86%33.68%17.89%10.35%
EPS
-0.890.13-1.32-2.29-2.00-0.520.791.852.442.81
EPS Growth
-------133.71%32.08%15.03%
Forward PE
------20.568.806.665.79
No. Analysts -----1210844
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 193.7M 350.4M 470.5M 538.5M 583.8M
Avg 171.7M 305.4M 408.2M 481.3M 531.0M
Low 155.7M 243.0M 305.8M 421.0M 466.3M

Revenue Growth

Revenue Growth 20242025202620272028
High
592.6%
104.1%
54.1%
31.9%
21.3%
Avg
514.0%
77.9%
33.7%
17.9%
10.3%
Low
456.9%
41.6%
0.1%
3.1%
-3.1%

EPS Forecast

EPS 20242025202620272028
High -0.07 2.15 3.54 3.15 3.62
Avg -0.52 0.79 1.85 2.44 2.81
Low -0.74 -0.03 0.89 1.75 2.02

EPS Growth

EPS Growth 20242025202620272028
High - -
347.1%
70.3%
48.3%
Avg - -
133.7%
32.1%
15.0%
Low - -
12.7%
-5.2%
-17.4%
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.