Fate Therapeutics, Inc. (FATE)
NASDAQ: FATE · IEX Real-Time Price · USD
7.34
0.00 (0.00%)
At close: Mar 28, 2024, 4:00 PM
7.37
+0.03 (0.41%)
After-hours: Mar 28, 2024, 6:08 PM EDT

Fate Therapeutics Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Fate Therapeutics stock have an average target of 7.00, with a low estimate of 5.00 and a high estimate of 10. The average target predicts a decrease of -4.63% from the current stock price of 7.34.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.00 $7.00 $7.00 $10
Change -31.88% -4.63% -4.63% +36.24%

Analyst Ratings

The average analyst rating for FATE stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 233332
Buy 222211
Hold 1313131399
Sell 111101
Strong Sell 111100
Total 192020201313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Sell
Maintains
$2$6
Sell Maintains $2$6 -18.26% Mar 28, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Reiterates
$7
Hold Reiterates $7 -4.63% Mar 19, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$3$7
Hold Maintains $3$7 -4.63% Feb 27, 2024
BMO Capital
BMO Capital
Hold
Maintains
$6$7
Hold Maintains $6$7 -4.63% Feb 27, 2024
Barclays
Barclays
Buy
Maintains
$6$10
Buy Maintains $6$10 +36.24% Feb 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.60M
from 63.53M
Decreased by -89.61%
Revenue Next Year
4.62M
from 6.60M
Decreased by -30.03%
EPS This Year
-1.98
from -1.64
EPS Next Year
-1.79
from -1.98
Year 2019202020212022202320242025202620272028
Revenue
10.68M31.43M55.85M96.30M63.53M6.60M4.62M4.55M27.85M148.00M
Revenue Growth
125.32%194.33%77.66%72.44%-34.03%-89.61%-30.03%-1.54%512.54%431.49%
EPS
-1.44-2.10-2.24-2.91-1.64-1.98-1.79-1.80-1.36-0.83
EPS Growth
----------
No. Analysts -----2319954
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 26.3M 31.5M 21.0M 53.6M 260.7M
Avg 6.6M 4.6M 4.5M 27.8M 148.0M
Low n/a n/a n/a n/a 85.3M

Revenue Growth

Revenue Growth 20242025202620272028
High
-58.7%
377.3%
354.8%
1,078.0%
836.3%
Avg
-89.6%
-30.0%
-1.5%
512.5%
431.5%
Low - - - -
206.2%

EPS Forecast

EPS 20242025202620272028
High -1.47 -0.93 -1.43 -0.93 -0.83
Avg -1.98 -1.79 -1.80 -1.36 -0.83
Low -2.57 -2.38 -2.21 -2.03 -0.82

EPS Growth

EPS Growth 20242025202620272028
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.