Biofrontera Inc. (BFRI)
NASDAQ: BFRI · Real-Time Price · USD
0.870
+0.111 (14.62%)
At close: Nov 22, 2024, 4:00 PM
1.090
+0.220 (25.29%)
After-hours: Nov 22, 2024, 7:59 PM EST

Biofrontera Stock Forecast

BFRI's stock price has decreased by -73.6% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Biofrontera stock has a target of 7.00, which predicts an increase of 704.60% from the current stock price of 0.87.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $7.00 $7.00 $7.00
Change +704.60% +704.60% +704.60% +704.60%

Analyst Ratings

According to 1 stock analyst, the rating for Biofrontera is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 221111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 221111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +704.60% Nov 15, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +704.60% Aug 16, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$18
Strong Buy Reiterates $18 +1,968.97% Aug 31, 2023
Benchmark
Benchmark
Strong Buy
Maintains
$140$18
Strong Buy Maintains $140$18 +1,968.97% Jul 5, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$140
Strong Buy Reiterates $140 +15,991.95% May 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
40.58M
from 34.07M
Increased by 19.11%
Revenue Next Year
48.76M
from 40.58M
Increased by 20.16%
EPS This Year
-3.28
from -13.02
EPS Next Year
-0.88
from -3.28
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
26.18M18.85M24.10M28.67M34.07M40.58M48.76M61.28M
Revenue Growth
--28.01%27.86%18.98%18.82%19.11%20.16%25.67%
EPS
---85.63-0.61-13.02-3.28-0.880.05
EPS Growth
--------
Forward PE
-------17.06
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 43.0M 52.1M 63.1M
Avg 40.6M 48.8M 61.3M
Low 37.8M 45.1M 58.9M

Revenue Growth

Revenue Growth 20242025202620272028
High
26.3%
28.4%
29.4%
Avg
19.1%
20.2%
25.7%
Low
11.0%
11.1%
20.7%

EPS Forecast

EPS 202420252026
High -3.22 -0.49 0.05
Avg -3.28 -0.88 0.05
Low -3.29 -1.23 0.05

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.