DURECT Corporation (DRRX)
NASDAQ: DRRX · IEX Real-Time Price · USD
1.590
+0.140 (9.66%)
At close: Jul 19, 2024, 4:00 PM
1.690
+0.100 (6.29%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
DURECT Stock Forecast
DRRX's stock price has decreased by -67.68% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for DURECT stock have an average target of 23, with a low estimate of 5.00 and a high estimate of 41. The average target predicts an increase of 1,346.54% from the current stock price of 1.59.
Analyst Consensus: Buy
* Price targets were last updated on Apr 1, 2024.
Analyst Ratings
The average analyst rating for DURECT stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 1 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 15, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $5 | Buy | Reiterates | $5 | +214.47% | Apr 1, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Mar 28, 2024 |
| JonesTrading | JonesTrading | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 9, 2023 |
Financial Forecast
Revenue This Year
10.32M
from 8.55M
Increased by 20.68%
Revenue Next Year
18.40M
from 10.32M
Increased by 78.35%
EPS This Year
-0.86
from -1.20
EPS Next Year
-1.08
from -0.86
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0M | 18.9M | 24.8M | 62.3M | 152.4M |
| Avg | 10.3M | 18.4M | 24.1M | 60.5M | 148.0M |
| Low | 7.2M | 17.7M | 23.2M | 58.2M | 142.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 86.9% | 83.6% | 35.0% | 158.3% | 151.7% |
| Avg | 20.7% | 78.4% | 31.1% | 151.0% | 144.5% |
| Low | -16.3% | 71.4% | 26.0% | 141.1% | 134.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.70 | -1.11 | -1.24 | -0.41 | 2.04 |
| Avg | -0.86 | -1.08 | -1.20 | -0.40 | 1.98 |
| Low | -0.95 | -1.04 | -1.16 | -0.38 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.