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
* 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 '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JonesTrading | JonesTrading | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 9, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → 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 |
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
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| 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 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| 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 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| 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 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| 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.