OmniAb, Inc. (OABI)
NASDAQ: OABI · IEX Real-Time Price · USD
4.430
-0.130 (-2.85%)
At close: Apr 25, 2024, 4:00 PM
4.500
+0.070 (1.58%)
After-hours: Apr 25, 2024, 5:14 PM EDT
OmniAb Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OmniAb stock have an average target of 9.00, with a low estimate of 7.00 and a high estimate of 11. The average target predicts an increase of 103.16% from the current stock price of 4.43.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 26, 2024.
Analyst Ratings
The average analyst rating for OmniAb 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 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 | 8 | 8 | 8 | 8 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $10 | Strong Buy | Maintains | $10 | +125.73% | Mar 26, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +80.59% | Mar 22, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $11 | Strong Buy | Reiterates | $11 | +148.31% | Mar 21, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $7 | Buy | Reiterates | $7 | +58.01% | Mar 21, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +80.59% | Nov 14, 2023 |
Financial Forecast
Revenue This Year
32.38M
from 34.16M
Decreased by -5.21%
Revenue Next Year
58.22M
from 32.38M
Increased by 79.79%
EPS This Year
-0.60
from -0.51
EPS Next Year
-0.38
from -0.60
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.8M | 77.7M | 105.0M | 118.2M | 121.8M |
| Avg | 32.4M | 58.2M | 78.6M | 77.9M | 110.3M |
| Low | 27.7M | 43.6M | 51.4M | 24.1M | 94.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6% | 139.9% | 80.4% | 50.4% | 56.3% |
| Avg | -5.2% | 79.8% | 35.0% | -0.9% | 41.5% |
| Low | -18.8% | 34.5% | -11.7% | -69.3% | 20.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.43 | -0.18 | -0.14 | -0.25 | -0.04 |
| Avg | -0.60 | -0.38 | -0.21 | -0.35 | -0.28 |
| Low | -0.71 | -0.52 | -0.33 | -0.43 | -0.49 |
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.