Dermata Therapeutics Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for DRMA stock has a target of 6.00, which predicts an increase of 392.57% from the current stock price of 1.22.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.00	$6.00	$6.00
Change	+392.57%	+392.57%	+392.57%	+392.57%

* Price targets were last updated on Aug 21, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for DRMA is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1
Buy	0	0	0	0	0
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anthony Vendetti Maxim Group	Maxim Group	Strong Buy Maintains $10 → $6	Strong Buy	Maintains	$10 → $6	+392.57%	Aug 21, 2024
Anthony Vendetti Maxim Group	Maxim Group	Strong Buy Maintains $240 → $60	Strong Buy	Maintains	$240 → $60	+4,825.70%	Mar 23, 2023
Kumaraguru Raja Brookline Capital	Brookline Capital	Strong Buy Initiates $3,360	Strong Buy	Initiates	$3,360	+275,739.42%	Sep 21, 2021
Anthony Vendetti Maxim Group	Maxim Group	Strong Buy Initiates $2,160	Strong Buy	Initiates	$2,160	+177,225.34%	Sep 14, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-15.54

from -39.98

EPS Next Year

-3.95

from -15.54

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	-	-	-
Revenue Growth	-	-	-	-	-	-	-	-
EPS	-	-	-583.77	-208.73	-39.98	-15.54	-3.95	-2.94
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026
High	n/a	n/a	n/a
Avg	n/a	n/a	n/a
Low	n/a	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

EPS Forecast

EPS	2024	2025	2026
High	-16.00	-4.06	-3.02
Avg	-15.54	-3.95	-2.94
Low	-14.94	-3.79	-2.82

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.