Avadel Pharmaceuticals plc (AVDL)
NASDAQ: AVDL · Real-Time Price · USD
13.00
-0.22 (-1.66%)
Oct 24, 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 85.92% from the current stock price of 13.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $21 $24.17 $23 $29
Change +61.54% +85.92% +76.92% +123.08%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444444
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +107.69% Oct 21, 2024
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +69.23% Oct 18, 2024
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +69.23% Sep 4, 2024
Needham
Needham
Strong Buy
Reiterates
$22
Strong Buy Reiterates $22 +69.23% Aug 29, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +107.69% Aug 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
177.21M
from 27.96M
Increased by 533.73%
Revenue Next Year
306.69M
from 177.21M
Increased by 73.07%
EPS This Year
-0.47
from -2.00
EPS Next Year
0.70
from -0.47
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
59.22M22.33M--27.96M177.21M306.69M409.30M
Revenue Growth
-42.66%-62.28%---533.73%73.07%33.46%
EPS
-0.890.13-1.32-2.29-2.00-0.470.701.68
EPS Growth
-------140.38%
Forward PE
------18.657.76
No. Analysts -----12119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 189.2M 350.6M 469.0M
Avg 177.2M 306.7M 409.3M
Low 165.0M 274.4M 337.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
576.5%
97.9%
52.9%
Avg
533.7%
73.1%
33.5%
Low
490.0%
54.8%
9.9%

EPS Forecast

EPS 20242025202620272028
High -0.07 1.72 3.26
Avg -0.47 0.70 1.68
Low -0.58 0.25 0.72

EPS Growth

EPS Growth 20242025202620272028
High - -
366.9%
Avg - -
140.4%
Low - -
2.6%
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.