Cerus Corporation (CERS)
NASDAQ: CERS · IEX Real-Time Price · USD
1.660
-0.020 (-1.19%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Cerus Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cerus stock have an average target of 2.75, with a low estimate of 2.50 and a high estimate of 3.00. The average target predicts an increase of 65.66% from the current stock price of 1.66.
Analyst Consensus: Buy
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for Cerus stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $2.5 | Hold | Reiterates | $2.5 | +50.60% | Mar 7, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $3 | Buy | Reiterates | $3 | +80.72% | Mar 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $9 → $3 | Buy | Initiates | $9 → $3 | +80.72% | Nov 8, 2023 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 20, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Apr 16, 2020 |
Financial Forecast
Revenue This Year
193.14M
from 186.80M
Increased by 3.40%
Revenue Next Year
217.10M
from 193.14M
Increased by 12.41%
EPS This Year
-0.10
from -0.21
EPS Next Year
-0.06
from -0.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 210.0M | 248.3M | 227.6M |
| Avg | 193.1M | 217.1M | 221.1M |
| Low | 169.8M | 191.3M | 212.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4% | 28.6% | 4.9% |
| Avg | 3.4% | 12.4% | 1.9% |
| Low | -9.1% | -1.0% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | -0.04 | -0.02 |
| Avg | -0.10 | -0.06 | -0.02 |
| Low | -0.13 | -0.09 | -0.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.