Galecto, Inc. (GLTO)
NASDAQ: GLTO · IEX Real-Time Price · USD
0.462
-0.005 (-0.99%)
Jul 2, 2024, 4:30 PM EDT - Market closed
Galecto Stock Forecast
GLTO's stock price has decreased by -81.76% 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 Galecto stock have an average target of 5.50, with a low estimate of 2.00 and a high estimate of 9.00. The average target predicts an increase of 1,091.77% from the current stock price of 0.46.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Galecto stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 3 | 3 | 3 | 3 | 3 | 1 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Oppenheimer | Oppenheimer | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +1,850.16% | Jun 10, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 28, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $12 → $2 | Strong Buy | Maintains | $12 → $2 | +333.37% | Aug 21, 2023 |
SVB Leerink | SVB Leerink | Buy → Hold Downgrades $13 → $2 | Buy → Hold | Downgrades | $13 → $2 | +333.37% | Aug 15, 2023 |
Oppenheimer | Oppenheimer | Buy Reiterates $12 | Buy | Reiterates | $12 | +2,500.22% | Aug 1, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-1.08
from -1.44
EPS Next Year
-1.16
from -1.08
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | n/a | n/a | n/a | 22.7M | 81.3M |
Avg | n/a | n/a | n/a | 11.0M | 57.5M |
Low | n/a | n/a | n/a | n/a | 34.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | - | - | 638.4% |
Avg | - | - | - | - | 422.2% |
Low | - | - | - | - | 214.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -1.04 | -0.91 | -1.04 |
Avg | -1.08 | -1.16 | -1.35 |
Low | -1.11 | -1.38 | -1.63 |
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.