Harmony Biosciences Holdings, Inc. (HRMY)
NASDAQ: HRMY · IEX Real-Time Price · USD
33.52
+1.50 (4.68%)
At close: Mar 27, 2024, 4:00 PM
34.64
+1.12 (3.34%)
After-hours: Mar 27, 2024, 6:14 PM EDT

HRMY Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for HRMY stock have an average target of 43.78, with a low estimate of 27 and a high estimate of 69. The average target predicts an increase of 30.61% from the current stock price of 33.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $27 $43.78 $42 $69
Change -19.45% +30.61% +25.30% +105.85%
* Price targets were last updated on Feb 27, 2024.

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 444444
Hold 111000
Sell 000111
Strong Sell 111111
Total 999999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Strong Buy
Maintains
$42$40
Strong Buy Maintains $42$40 +19.33% Feb 27, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$49
Buy Reiterates $49 +46.18% Feb 23, 2024
Needham
Needham
Strong Buy
Maintains
$53$50
Strong Buy Maintains $53$50 +49.16% Feb 23, 2024
Needham
Needham
Strong Buy
Reiterates
$53
Strong Buy Reiterates $53 +58.11% Feb 22, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$33$42
Strong Buy Maintains $33$42 +25.30% Feb 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
726.03M
from 582.02M
Increased by 24.74%
Revenue Next Year
857.44M
from 726.03M
Increased by 18.10%
EPS This Year
2.97
from 2.13
Increased by 39.28%
EPS Next Year
4.10
from 2.97
Increased by 38.11%
Year 2019202020212022202320242025202620272028
Revenue
6.00M159.74M305.44M437.86M582.02M726.03M857.44M1.00B1.21B1.28B
Revenue Growth
-2,564.59%91.21%43.35%32.93%24.74%18.10%16.86%20.46%6.38%
EPS
-24.07-2.480.582.972.132.974.105.197.687.28
EPS Growth
---412.07%-28.28%39.28%38.11%26.75%47.79%-5.12%
No. Analysts -----109844
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 755.2M 934.3M 1.2B 1.9B 2.1B
Avg 726.0M 857.4M 1.0B 1.2B 1.3B
Low 686.4M 773.0M 829.8M 791.3M 551.4M

Revenue Growth

Revenue Growth 20242025202620272028
High
29.7%
28.7%
36.8%
86.5%
72.6%
Avg
24.7%
18.1%
16.9%
20.5%
6.4%
Low
17.9%
6.5%
-3.2%
-21.0%
-54.3%

EPS Forecast

EPS 20242025202620272028
High 3.62 5.17 6.84 9.44 10.86
Avg 2.97 4.10 5.19 7.68 7.28
Low 2.40 3.28 4.14 5.94 3.86

EPS Growth

EPS Growth 20242025202620272028
High
70.1%
74.1%
66.8%
81.8%
41.5%
Avg
39.3%
38.1%
26.7%
47.8%
-5.1%
Low
12.7%
10.7%
0.9%
14.4%
-49.7%
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.