Clene Inc. (CLNN)
NASDAQ: CLNN · IEX Real-Time Price · USD
0.337
+0.002 (0.57%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Clene Stock Forecast
CLNN's stock price has decreased by -65.61% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Clene stock have an average target of 7.20, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 2,036.50% from the current stock price of 0.34.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Clene 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +1,977.15% | Apr 17, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +1,383.68% | Mar 20, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +1,977.15% | Mar 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +1,977.15% | Mar 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +1,977.15% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
452.88K
from 654.00K
Decreased by -30.75%
Revenue Next Year
5.57M
from 452.88K
Increased by 1,129.69%
EPS This Year
-0.31
from -0.47
EPS Next Year
-0.29
from -0.31
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 756,000 | 27.3M | 138.0M | 285.0M | 480.0M |
| Avg | 452,880 | 5.6M | 49.1M | 183.0M | 336.3M |
| Low | n/a | n/a | 490,000 | 80.3M | 173.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.6% | 5,928.1% | 2,377.5% | 480.0% | 162.2% |
| Avg | -30.8% | 1,129.7% | 782.2% | 272.6% | 83.7% |
| Low | - | - | -91.2% | 63.4% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.24 | -0.24 | -0.07 | 0.53 | 0.92 |
| Avg | -0.31 | -0.29 | -0.21 | 0.41 | 0.69 |
| Low | -0.35 | -0.35 | -0.30 | 0.29 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 126.5% |
| Avg | - | - | - | - | 70.0% |
| Low | - | - | - | - | 15.3% |
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.