Olema Pharmaceuticals, Inc. (OLMA)
NASDAQ: OLMA · IEX Real-Time Price · USD
11.63
+0.21 (1.84%)
Jun 21, 2024, 4:00 PM EDT - Market closed

Olema Pharmaceuticals Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for OLMA stock have an average target of 22.8, with a low estimate of 19 and a high estimate of 30. The average target predicts an increase of 96.04% from the current stock price of 11.63.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $19 $22.8 $21 $30
Change +63.37% +96.04% +80.57% +157.95%

Analyst Ratings

The average analyst rating for OLMA stock from 5 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222333
Buy 333222
Hold 000000
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$30
Strong Buy Reiterates $30 +157.95% Jun 4, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$30
Strong Buy Reiterates $30 +157.95% May 15, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$25$28
Strong Buy Maintains $25$28 +140.76% May 9, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$24
Strong Buy Initiates $24 +106.36% Apr 2, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$21
Buy Reiterates $21 +80.57% Mar 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-2.41
from -2.14
EPS Next Year
-2.62
from -2.41
Year 2019202020212022202320242025202620272028
Revenue
-------5.95M35.61M288.79M
Revenue Growth
--------498.22%710.93%
EPS
-1.66-3.42-1.80-2.62-2.14-2.41-2.62-2.71-2.580.48
EPS Growth
----------
Forward PE
---------24.26
No. Analysts -----119844
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High n/a n/a 23.6M 52.5M 567.6M
Avg n/a n/a 6.0M 35.6M 288.8M
Low n/a n/a n/a 24.4M 77.2M

Revenue Growth

Revenue Growth 20242025202620272028
High - - -
781.9%
1,493.8%
Avg - - -
498.2%
710.9%
Low - - -
309.9%
116.8%

EPS Forecast

EPS 20242025202620272028
High -2.22 -2.12 -2.10 -2.54 3.27
Avg -2.41 -2.62 -2.71 -2.58 0.48
Low -2.56 -3.12 -3.09 -2.58 -2.13

EPS Growth

EPS Growth 20242025202620272028
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.