Galecto, Inc. (GLTO)
NASDAQ: GLTO · IEX Real-Time Price · USD
0.717
-0.003 (-0.43%)
Apr 19, 2024, 3:19 PM EDT - Market open
Galecto Stock Forecast
GLTO's stock price has decreased by -65.05% 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 7.00, with a low estimate of 2.00 and a high estimate of 12. The average target predicts an increase of 876.43% from the current stock price of 0.72.
Analyst Consensus: Hold
* Price targets were last updated on Aug 15, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| 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 | +178.98% | Aug 21, 2023 |
| SVB Leerink | SVB Leerink | Buy → Hold Downgrades $13 → $2 | Buy → Hold | Downgrades | $13 → $2 | +178.98% | Aug 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $12 | Buy | Reiterates | $12 | +1,573.87% | Aug 1, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +1,573.87% | Aug 1, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-1.23
from -1.44
EPS Next Year
-1.85
from -1.23
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | n/a | n/a | 29.2M | 117.7M |
| Avg | n/a | n/a | n/a | 14.2M | 75.2M |
| Low | n/a | n/a | n/a | n/a | 34.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 729.4% |
| Avg | - | - | - | - | 429.8% |
| Low | - | - | - | - | 143.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.46 | -0.91 | -1.04 |
| Avg | -1.23 | -1.85 | -2.12 |
| Low | -2.00 | -2.70 | -3.10 |
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.