Belite Bio, Inc (BLTE)
NASDAQ: BLTE · IEX Real-Time Price · USD
36.60
-0.30 (-0.81%)
At close: Apr 15, 2024, 4:00 PM
36.40
-0.20 (-0.55%)
After-hours: Apr 15, 2024, 4:00 PM EDT

Belite Bio Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Belite Bio stock have an average target of 48.8, with a low estimate of 25 and a high estimate of 60. The average target predicts an increase of 33.33% from the current stock price of 36.60.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $25 $48.8 $57 $60
Change -31.69% +33.33% +55.74% +63.93%

Analyst Ratings

The average analyst rating for Belite Bio stock from 5 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 233333
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 455555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$59
Strong Buy Maintains $59 +61.20% Mar 22, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$59
Strong Buy Reiterates $59 +61.20% Mar 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$59
Strong Buy Reiterates $59 +61.20% Dec 27, 2023
Maxim Group
Maxim Group
Strong Buy
Initiates
$60
Strong Buy Initiates $60 +63.93% Dec 14, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$59
Strong Buy Reiterates $59 +61.20% Nov 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
12.75M
Revenue Next Year
8.50M
from 12.75M
Decreased by -33.33%
EPS This Year
-0.78
from -1.19
EPS Next Year
-0.84
from -0.78
Year 202020212022202320242025202620272028
Revenue
----12.75M8.50M34.82M96.14M217.87M
Revenue Growth
------33.33%309.60%176.12%126.63%
EPS
-0.65-1.01-0.63-1.19-0.78-0.84-0.590.382.59
EPS Growth
--------586.49%
No. Analysts ----76543
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 52.5M 26.3M 76.0M 99.0M 224.3M
Avg 12.8M 8.5M 34.8M 96.1M 217.9M
Low n/a n/a n/a 92.3M 209.3M

Revenue Growth

Revenue Growth 20242025202620272028
High -
105.9%
794.4%
184.4%
133.3%
Avg -
-33.3%
309.6%
176.1%
126.6%
Low - - -
165.2%
117.7%

EPS Forecast

EPS 20242025202620272028
High 0.11 -0.84 0.05 0.62 2.67
Avg -0.78 -0.84 -0.59 0.38 2.59
Low -1.08 -0.84 -1.45 0.15 2.49

EPS Growth

EPS Growth 20242025202620272028
High - - - -
606.7%
Avg - - - -
586.5%
Low - - - -
559.6%
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.