Harmony Biosciences Holdings, Inc. (HRMY)
NASDAQ: HRMY · Real-Time Price · USD
33.12
+0.33 (0.99%)
Nov 21, 2024, 1:05 PM EST - Market open

HRMY Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for HRMY stock have an average target of 47, with a low estimate of 28 and a high estimate of 59. The average target predicts an increase of 41.93% from the current stock price of 33.12.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $47 $52 $59
Change -15.45% +41.93% +57.03% +78.17%

Analyst Ratings

The average analyst rating for HRMY stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 444433
Buy 333344
Hold 000000
Sell 111111
Strong Sell 111111
Total 999999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$51$58
Buy Maintains $51$58 +75.15% Oct 30, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$56$59
Buy Reiterates $56$59 +78.17% Oct 30, 2024
Needham
Needham
Strong Buy
Reiterates
$52
Strong Buy Reiterates $52 +57.03% Oct 30, 2024
Needham
Needham
Strong Buy
Reiterates
$52
Strong Buy Reiterates $52 +57.03% Oct 29, 2024
Raymond James
Raymond James
Buy
Initiates
$40
Buy Initiates $40 +20.79% Oct 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
725.36M
from 582.02M
Increased by 24.63%
Revenue Next Year
856.23M
from 725.36M
Increased by 18.04%
EPS This Year
2.34
from 2.13
Increased by 10.08%
EPS Next Year
3.31
from 2.34
Increased by 41.00%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.00M159.74M305.44M437.86M582.02M725.36M856.23M1.02B
Revenue Growth
-2,564.59%91.21%43.35%32.93%24.63%18.04%19.59%
EPS
-24.07-2.480.582.972.132.343.314.70
EPS Growth
---412.07%-28.28%10.08%41.00%42.18%
Forward PE
-----14.1210.027.05
No. Analysts -----11119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 753.1M 928.3M 1.2B
Avg 725.4M 856.2M 1.0B
Low 689.5M 774.9M 799.4M

Revenue Growth

Revenue Growth 20242025202620272028
High
29.4%
28.0%
38.7%
Avg
24.6%
18.0%
19.6%
Low
18.5%
6.8%
-6.6%

EPS Forecast

EPS 2024202520262027
High 2.71 4.89 6.32
Avg 2.34 3.31 4.70
Low 1.90 1.78 3.35

EPS Growth

EPS Growth 2024202520262027
High
27.2%
108.7%
91.2%
Avg
10.1%
41.0%
42.2%
Low
-10.7%
-23.9%
1.4%
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.