Gritstone bio, Inc. (GRTS)
NASDAQ: GRTS · IEX Real-Time Price · USD
0.573
-0.007 (-1.21%)
At close: Jul 2, 2024, 4:00 PM
0.575
+0.002 (0.35%)
After-hours: Jul 2, 2024, 7:45 PM EDT
Gritstone bio Stock Forecast
GRTS's stock price has decreased by -71.35% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Gritstone bio stock have an average target of 4.75, with a low estimate of 3.00 and a high estimate of 7.00. The average target predicts an increase of 728.97% from the current stock price of 0.57.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Gritstone bio stock from 4 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 | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $5 | Buy | Reiterates | $5 | +772.60% | Jun 14, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $6 → $3 | Strong Buy | Reiterates | $6 → $3 | +423.56% | May 24, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +598.08% | May 13, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $4 → $5 | Buy | Maintains | $4 → $5 | +772.60% | Apr 2, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +1,121.64% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
15.84M
from 16.34M
Decreased by -3.08%
Revenue Next Year
12.66M
from 15.84M
Decreased by -20.07%
EPS This Year
-1.10
from -1.20
EPS Next Year
-1.01
from -1.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.5M | 52.5M | 36.8M | 131.3M | 246.7M |
| Avg | 15.8M | 12.7M | 12.2M | 60.0M | 185.5M |
| Low | 1.7M | n/a | n/a | 9.8M | 102.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 221.2% | 231.4% | 190.3% | 973.4% | 311.3% |
| Avg | -3.1% | -20.1% | -3.4% | 390.4% | 209.3% |
| Low | -89.8% | - | - | -19.8% | 71.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.78 | -0.72 | -0.69 | -0.44 | 0.19 |
| Avg | -1.10 | -1.01 | -1.22 | -0.43 | 0.18 |
| Low | -1.28 | -1.36 | -1.47 | -0.41 | 0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.