DURECT Corporation (DRRX)
NASDAQ: DRRX · IEX Real-Time Price · USD
0.843
+0.038 (4.77%)
At close: Apr 23, 2024, 4:00 PM
0.808
-0.035 (-4.20%)
Pre-market: Apr 24, 2024, 7:00 AM EDT
DURECT Stock Forecast
DRRX's stock price has decreased by -80.96% 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 2,627.06% from the current stock price of 0.84.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 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 | 4 | 4 | 4 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Reiterates $5 | Buy | Reiterates | $5 | +492.84% | 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 |
| 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 | +4,761.28% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
10.87M
from 8.55M
Increased by 27.13%
Revenue Next Year
18.40M
from 10.87M
Increased by 69.31%
EPS This Year
-1.10
from -1.20
EPS Next Year
-1.25
from -1.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0M | 18.9M | 24.8M | 62.3M | 152.4M |
| Avg | 10.9M | 18.4M | 24.1M | 60.5M | 148.0M |
| Low | 7.8M | 17.7M | 23.2M | 58.2M | 142.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 86.9% | 74.3% | 35.0% | 158.3% | 151.7% |
| Avg | 27.1% | 69.3% | 31.1% | 151.0% | 144.5% |
| Low | -8.3% | 62.7% | 26.0% | 141.1% | 134.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.72 | -1.29 | -1.43 | -0.85 | 1.70 |
| Avg | -1.10 | -1.25 | -1.39 | -0.83 | 1.65 |
| Low | -1.42 | -1.21 | -1.33 | -0.79 | 1.59 |
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.