Cara Therapeutics, Inc. (CARA)
NASDAQ: CARA · Real-Time Price · USD
0.292
-0.005 (-1.75%)
At close: Nov 4, 2024, 4:00 PM
0.291
-0.001 (-0.45%)
After-hours: Nov 4, 2024, 7:19 PM EST

Cara Therapeutics Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Cara Therapeutics stock have an average target of 1.00, which predicts an increase of 242.70% from the current stock price of 0.29.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.00 $1.00 $1.00 $1.00
Change +242.70% +242.70% +242.70% +242.70%
* Price targets were last updated on Jun 13, 2024.

Analyst Ratings

The average analyst rating for CARA stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222220
Buy 000000
Hold 444444
Sell 000000
Strong Sell 000000
Total 666664

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Hold
Downgrades
$10$1
Hold Downgrades $10$1 +242.70% Jun 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jun 13, 2024
Needham
Needham
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jun 13, 2024
Needham
Needham
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +1,613.50% May 23, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3.6
Strong Buy Reiterates $3.6 +1,133.72% May 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.76M
from 20.97M
Decreased by -67.77%
Revenue Next Year
6.55M
from 6.76M
Decreased by -3.00%
EPS This Year
-1.31
from -2.19
EPS Next Year
-0.79
from -1.31
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
19.89M135.08M23.03M41.87M20.97M6.76M6.55M7.42M
Revenue Growth
47.64%579.28%-82.95%81.81%-49.92%-67.77%-3.00%13.15%
EPS
-2.490.18-1.74-1.59-2.19-1.31-0.79-0.65
EPS Growth
--------
Forward PE
--------
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 10.4M 13.2M 17.4M
Avg 6.8M 6.6M 7.4M
Low 4.7M 3.1M 1.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
-50.2%
95.1%
165.4%
Avg
-67.8%
-3.0%
13.2%
Low
-77.6%
-54.7%
-77.6%

EPS Forecast

EPS 20242025202620272028
High -1.18 -0.36 -0.34
Avg -1.31 -0.79 -0.65
Low -1.35 -1.11 -1.10

EPS Growth

EPS Growth 20242025202620272028
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.