Cardiol Therapeutics Inc. (CRDL)

NASDAQ: CRDL · IEX Real-Time Price · USD
0.894
+0.004 (0.49%)
At close: Nov 28, 2023, 3:59 PM
0.860
-0.034 (-3.84%)
After-hours: Nov 28, 2023, 6:36 PM EST

Cardiol Therapeutics Stock Forecast

Stock Price Forecast

According to 2 stock analysts, the average 12-month stock price forecast for CRDL stock stock is $4.50, which predicts an increase of 403.19%. The lowest target is $3.00 and the highest is $6.00. On average, analysts rate CRDL stock stock as a strong buy.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.00 $4.50 $6.00 $6.00
Change +235.46% +403.19% +570.92% +570.92%
* Price targets were last updated on Aug 14, 2023.

Analyst Ratings

The average analyst rating for CRDL stock from 2 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 Jul '23Aug '23Sep '23Oct '23Nov '23
Strong Buy 11111
Buy 01111
Hold 00000
Sell 00000
Strong Sell 00000
Total 12222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$3
Buy Reiterates $3 +235.46% Aug 14, 2023
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$5$6
Strong Buy Maintains $5$6 +570.92% May 19, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Initiates
n/a
Buy Initiates n/a n/a Dec 17, 2021
Canaccord Genuity
Canaccord Genuity
Strong Buy
Initiates
n/a
Strong Buy Initiates n/a n/a Dec 3, 2021
Full Analyst Rating History

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.43
from -0.49
EPS Next Year
-0.36
from -0.43
Year 201920202021202220232024202520262027
Revenue
--78.76K----5.73M56.13M
Revenue Growth
--------
880.38%
EPS
-0.53-0.69-0.73-0.49-0.43-0.36-0.36-0.260.12
EPS Growth
---------
No. Analysts ----56533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High n/a n/a n/a 17.7M 126.4M
Avg n/a n/a n/a 5.7M 56.1M
Low n/a n/a n/a n/a 11.5M

Revenue Growth

Revenue Growth 20232024202520262027
High - - - -
2,108.2%
Avg - - - -
880.4%
Low - - - -
101.5%

EPS Forecast

EPS 20232024202520262027
High -0.38 -0.23 -0.27 -0.26 0.13
Avg -0.43 -0.36 -0.36 -0.26 0.12
Low -0.48 -0.55 -0.54 -0.25 0.12

EPS Growth

EPS Growth 20232024202520262027
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.