Cogent Biosciences Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Cogent Biosciences stock have an average target of 14.67, with a low estimate of 8.00 and a high estimate of 20. The average target predicts an increase of 78.03% from the current stock price of 8.24.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$8.00	$14.67	$18	$20
Change	-2.91%	+78.03%	+118.45%	+142.72%

Analyst Ratings

The average analyst rating for COGT stock from 6 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	3	4	4	4	4	3
Buy	4	2	2	2	2	1
Hold	1	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ami Fadia Needham	Needham	Strong Buy Reiterates $18	Strong Buy	Reiterates	$18	+118.45%	Jun 27, 2024
Robert Burns HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $19	Strong Buy	Reiterates	$19	+130.58%	Jun 17, 2024
Ami Fadia Needham	Needham	Strong Buy Reiterates $18	Strong Buy	Reiterates	$18	+118.45%	Jun 17, 2024
David Nierengarten Wedbush	Wedbush	Hold Reiterates $10	Hold	Reiterates	$10	+21.36%	May 24, 2024
Robert Burns HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $19	Strong Buy	Reiterates	$19	+130.58%	May 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

1.80M

EPS This Year

-2.33

from -2.42

EPS Next Year

-2.29

from -2.33

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	22.50M	7.87M	-	-	-	-	1.80M	85.26M	247.96M	437.77M
Revenue Growth	131.14%	-65.02%	-	-	-	-	-	4,631.30%	190.83%	76.55%
EPS	-4.18	-16.17	-1.87	-2.39	-2.42	-2.33	-2.29	-1.55	0.01	1.50
EPS Growth	-	-	-	-	-	-	-	-	-	21,840.30%
Forward PE	-	-	-	-	-	-	-	-	1,205.74	5.50
No. Analysts	-	-	-	-	-	13	12	10	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	11.1M	221.6M	634.3M	614.5M
Avg	n/a	1.8M	85.3M	248.0M	437.8M
Low	n/a	n/a	6.2M	73.6M	225.1M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	12,194.7%	644.0%	147.8%
Avg	-	-	4,631.3%	190.8%	76.5%
Low	-	-	245.2%	-13.7%	-9.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-1.64	-1.52	-0.89	0.71	1.54
Avg	-2.33	-2.29	-1.55	0.01	1.50
Low	-2.58	-2.83	-2.52	-0.44	1.44

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	-	22,485.6%
Avg	-	-	-	-	21,840.3%
Low	-	-	-	-	20,979.9%

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.