GlycoMimetics Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for GlycoMimetics stock have an average target of 10, with a low estimate of 8.00 and a high estimate of 12. The average target predicts an increase of 439.08% from the current stock price of 1.86.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$8.00	$10	$12	$12
Change	+331.27%	+439.08%	+546.90%	+546.90%

Analyst Ratings

The average analyst rating for GlycoMimetics 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1	1
Buy	0	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Edward White HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $8	Strong Buy	Maintains	$8	+331.27%	Mar 27, 2024
Zegbeh Jallah Capital One	Capital One	Buy Initiates $12	Buy	Initiates	$12	+546.90%	Dec 22, 2023
Edward White HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $8	Strong Buy	Reiterates	$8	+331.27%	Aug 3, 2023
Edward White HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $8	Strong Buy	Reiterates	$8	+331.27%	Jun 15, 2023
Edward White HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $8	Strong Buy	Reiterates	$8	+331.27%	May 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 10.00K

Revenue Next Year

29.31M

EPS This Year

-0.62

from -0.58

EPS Next Year

-0.46

from -0.62

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	10.16M	1.16M	75.00K	10.00K	-	29.31M	112.23M	180.78M	265.11M
Revenue Growth	-	-	-88.59%	-93.53%	-86.67%	-	-	282.85%	61.08%	46.65%
EPS	-1.34	-1.12	-1.23	-0.89	-0.58	-0.62	-0.46	0.50	2.46	3.48
EPS Growth	-	-	-	-	-	-	-	-	395.20%	41.49%
No. Analysts	-	-	-	-	-	6	6	5	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	n/a	59.7M	195.2M	358.2M	528.3M
Avg	n/a	29.3M	112.2M	180.8M	265.1M
Low	n/a	1.7M	56.1M	26.4M	59.6M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	-	566.0%	219.2%	192.2%
Avg	-	-	282.9%	61.1%	46.6%
Low	-	-	91.4%	-76.5%	-67.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.59	0.08	1.34	2.53	3.58
Avg	-0.62	-0.46	0.50	2.46	3.48
Low	-0.67	-0.89	0.04	2.36	3.34

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	409.8%	45.7%
Avg	-	-	-	395.2%	41.5%
Low	-	-	-	375.8%	35.9%

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.