DURECT Corporation (DRRX)

NASDAQ: DRRX · IEX Real-Time Price · USD
0.659
-0.001 (-0.15%)
At close: Nov 27, 2023, 4:00 PM
0.639
-0.020 (-3.00%)
Pre-market: Nov 28, 2023, 4:32 AM EST

DURECT Stock Forecast

DRRX's stock price has decreased by -85.73% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

According to 2 stock analysts, the average 12-month stock price forecast for DURECT stock is $36.5, which predicts an increase of 5,438.69%. The lowest target is $32 and the highest is $41. On average, analysts rate DURECT stock as a buy.

Analyst Consensus: Buy
Target Low Average Median High
Price $32 $36.5 $41 $41
Change +4755.8% +5438.7% +6121.5% +6121.5%
* Price targets were last updated on Aug 10, 2023.

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 Jun '23Jul '23Aug '23Sep '23Oct '23Nov '23
Strong Buy 222220
Buy 222222
Hold 000002
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JonesTrading
JonesTrading
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Nov 9, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Nov 8, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$44$41
Buy Maintains $44$41 +6,121.55% Aug 10, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$32$27
Strong Buy Maintains $32$27 +3,997.12% Aug 10, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$44
Buy Reiterates $44 +6,576.78% May 17, 2023
Full Analyst Rating History

Financial Forecast

Revenue This Year
10.71M
from 19.28M
Decreased by -44.48%
Revenue Next Year
24.25M
from 10.71M
Increased by 126.48%
EPS This Year
-1.78
from -1.55
EPS Next Year
-1.40
from -1.78
Year 2018201920202021202220232024202520262027
Revenue
15.28M25.07M30.11M13.98M19.28M10.71M24.25M129.43M254.19M515.85M
Revenue Growth
-68.93%
64.15%
20.09%
-53.58%
37.96%
-44.48%
126.48%
433.80%
96.39%
102.94%
EPS
-1.60-1.20-0.03-1.61-1.55-1.78-1.400.803.518.35
EPS Growth
--------
340.04%
137.71%
No. Analysts -----77654
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 13.4M 54.2M 238.5M 424.5M 649.7M
Avg 10.7M 24.2M 129.4M 254.2M 515.9M
Low 8.0M 8.2M 58.9M 109.3M 384.9M

Revenue Growth

Revenue Growth 20232024202520262027
High
-30.7%
406.1%
883.8%
228.0%
155.6%
Avg
-44.5%
126.5%
433.8%
96.4%
102.9%
Low
-58.5%
-23.1%
142.9%
-15.6%
51.4%

EPS Forecast

EPS 20232024202520262027
High -1.71 -0.99 3.61 8.23 11.76
Avg -1.78 -1.40 0.80 3.51 8.35
Low -1.87 -1.53 -0.39 0.39 5.07

EPS Growth

EPS Growth 20232024202520262027
High - - -
931.4%
234.8%
Avg - - -
340.0%
137.7%
Low - - -
-50.9%
44.3%
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.