Edesa Biotech, Inc. (EDSA)
NASDAQ: EDSA · IEX Real-Time Price · USD
4.210
-0.170 (-3.88%)
At close: Jul 2, 2024, 1:16 PM
4.910
+0.700 (16.63%)
After-hours: Jul 2, 2024, 7:30 PM EDT
Edesa Biotech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Edesa Biotech stock have an average target of 39, with a low estimate of 21 and a high estimate of 57. The average target predicts an increase of 826.37% from the current stock price of 4.21.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Edesa Biotech stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +398.81% | Jun 28, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +398.81% | Feb 14, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $70 → $21 | Strong Buy | Maintains | $70 → $21 | +398.81% | Nov 29, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +137.53% | Nov 22, 2023 |
Brookline Capital | Brookline Capital | Strong Buy Maintains $57 | Strong Buy | Maintains | $57 | +1,253.92% | Oct 12, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-2.03
from -2.93
EPS Next Year
-1.70
from -2.03
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 | -2.05 | -1.58 | -1.49 |
Avg | -2.03 | -1.70 | -1.45 |
Low | -2.00 | -1.79 | -1.39 |
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.