Aerovate Therapeutics, Inc. (AVTE)
NASDAQ: AVTE · Real-Time Price · USD
2.790
+0.340 (13.88%)
At close: Nov 1, 2024, 4:00 PM
2.731
-0.059 (-2.11%)
After-hours: Nov 1, 2024, 7:02 PM EDT

Aerovate Therapeutics Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for AVTE stock have an average target of 11.75, with a low estimate of 2.00 and a high estimate of 41. The average target predicts an increase of 321.15% from the current stock price of 2.79.

Analyst Consensus: Hold
Target Low Average Median High
Price $2.00 $11.75 $2.00 $41
Change -28.32% +321.15% -28.32% +1369.5%
* Price targets were last updated on Jun 18, 2024.

Analyst Ratings

The average analyst rating for AVTE stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 100000
Buy 211111
Hold 066666
Sell 000000
Strong Sell 000000
Total 377777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Downgrades
$27$2
Hold Downgrades $27$2 -28.32% Jun 18, 2024
Guggenheim
Guggenheim
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jun 18, 2024
Wells Fargo
Wells Fargo
Hold
Downgrades
$35$2
Hold Downgrades $35$2 -28.32% Jun 18, 2024
TD Cowen
TD Cowen
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jun 18, 2024
Jefferies
Jefferies
Hold
Downgrades
$65$2
Hold Downgrades $65$2 -28.32% Jun 17, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-2.84
from -2.87
EPS Next Year
-1.02
from -2.84
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
--------
Revenue Growth
--------
EPS
-13.79-40.31-1.87-2.10-2.87-2.84-1.02-1.29
EPS Growth
--------
Forward PE
--------
No. Analysts -----666
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High n/a n/a n/a
Avg n/a n/a n/a
Low n/a n/a n/a

Revenue Growth

Revenue Growth 20242025202620272028
High - - -
Avg - - -
Low - - -

EPS Forecast

EPS 202420252026
High -2.16 -0.17 -0.27
Avg -2.84 -1.02 -1.29
Low -3.53 -2.03 -3.25

EPS Growth

EPS Growth 202420252026
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.