Cingulate Inc. (CING)
NASDAQ: CING · IEX Real-Time Price · USD
0.870
-0.009 (-0.99%)
At close: Apr 24, 2024, 3:54 PM
0.819
-0.051 (-5.82%)
After-hours: Apr 24, 2024, 6:48 PM EDT
Cingulate Stock Forecast
CING's stock price has decreased by -96% 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 Cingulate stock has a target of 8.00, which predicts an increase of 819.54% from the current stock price of 0.87.
Analyst Consensus: Buy
* Price targets were last updated on Jan 5, 2024.
Analyst Ratings
The average analyst rating for Cingulate stock from 3 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 | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3.5 → $8 | Strong Buy | Maintains | $3.5 → $8 | +819.54% | Jan 5, 2024 |
| Laidlaw & Co. | Laidlaw & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 22, 2023 |
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 19, 2023 |
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 18, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $110 → $70 | Strong Buy | Maintains | $110 → $70 | +7,945.98% | Sep 26, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
34.05M
EPS This Year
-3.27
from -26.00
EPS Next Year
-3.30
from -3.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | 70.1M | 116.3M | 204.3M | 266.0M |
| Avg | n/a | 34.0M | 66.1M | 133.3M | 183.1M |
| Low | n/a | n/a | 18.5M | 65.4M | 103.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 241.7% | 209.1% | 99.6% |
| Avg | - | - | 94.2% | 101.6% | 37.4% |
| Low | - | - | -45.8% | -1.1% | -22.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.37 | -3.40 | -0.13 |
| Avg | -3.27 | -3.30 | -0.12 |
| Low | -3.15 | -3.18 | -0.12 |
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.