Immuron Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Immuron stock has a target of 5.00, which predicts an increase of 82.48% from the current stock price of 2.74.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+82.48%	+82.48%	+82.48%	+82.48%

Analyst Ratings

According to 1 stock analyst, the rating for Immuron is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24
Strong Buy	1	1	1
Buy	0	0	0
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sally Yanchus Litchfield Hills	Litchfield Hills	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+82.48%	Sep 26, 2024
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $15	Strong Buy	Initiates	$15	+447.45%	Oct 18, 2017

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 4.90M

Revenue Next Year

n/a

EPS This Year

n/a

from -0.03

EPS Next Year

n/a

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024
Revenue	2.52M	145.78K	765.19K	1.80M	4.90M
Revenue Growth	5.49%	-94.21%	424.91%	135.85%	171.67%
EPS	-0.02	-0.04	-0.01	-0.02	-0.03
EPS Growth	-	-	-	-	-
Forward PE	-	-	-	-	-
No. Analysts	-	-	-	-	-

Financial currency is AUD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue
High
Avg
Low

Revenue Growth

Revenue Growth
High
Avg
Low

EPS Forecast

EPS
High
Avg
Low

EPS Growth

EPS Growth
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.