CervoMed Inc. (CRVO)
NASDAQ: CRVO · IEX Real-Time Price · USD
15.93
+0.85 (5.64%)
Jul 11, 2024, 4:00 PM EDT - Market closed

CervoMed Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CervoMed stock have an average target of 66, with a low estimate of 63 and a high estimate of 70. The average target predicts an increase of 314.31% from the current stock price of 15.93.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $63 $66 $65 $70
Change +295.48% +314.31% +308.04% +339.42%

Analyst Ratings

The average analyst rating for CervoMed stock from 3 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 Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 11223
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 11223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Brookline Capital
Brookline Capital
Strong Buy
Initiates
$63
Strong Buy Initiates $63 +295.48% Jul 8, 2024
Jones Trading
Jones Trading
Strong Buy
Initiates
$70
Strong Buy Initiates $70 +339.42% May 29, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$50$65
Strong Buy Maintains $50$65 +308.04% Apr 8, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Initiates
$50
Strong Buy Initiates $50 +213.87% Feb 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.81M
from 7.14M
Increased by 23.25%
Revenue Next Year
5.24M
from 8.81M
Decreased by -40.54%
EPS This Year
-1.71
from -0.82
EPS Next Year
-2.32
from -1.71
Year 2019202020212022202320242025202620272028
Revenue
----7.14M8.81M5.24M--36.67M
Revenue Growth
-----23.25%-40.54%---
EPS
-132.00-22.50-18.57-11.20-0.82-1.71-2.32-3.04-3.81-11.83
EPS Growth
----------
Forward PE
----------
No. Analysts -----55533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.9M 6.2M n/a n/a 70.2M
Avg 8.8M 5.2M n/a n/a 36.7M
Low 8.0M 4.4M n/a n/a 4.9M

Revenue Growth

Revenue Growth 20242025202620272028
High
38.1%
-29.7%
- - -
Avg
23.2%
-40.5%
- - -
Low
12.5%
-49.9%
- - -

EPS Forecast

EPS 20242025202620272028
High -1.41 -1.70 -2.10 -3.93 -12.18
Avg -1.71 -2.32 -3.04 -3.81 -11.83
Low -1.83 -3.09 -4.08 -3.67 -11.37

EPS Growth

EPS Growth 20242025202620272028
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.