Opthea Limited (OPT)
NASDAQ: OPT · IEX Real-Time Price · USD
2.120
+0.050 (2.42%)
At close: Jul 19, 2024, 4:00 PM
2.170
+0.050 (2.36%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Opthea Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Opthea stock have an average target of 15, with a low estimate of 14 and a high estimate of 16. The average target predicts an increase of 607.55% from the current stock price of 2.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 13, 2023.
Analyst Ratings
The average analyst rating for Opthea stock from 2 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 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 | Sep '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 2 | 1 | 1 | 1 | 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 | 5 | 4 | 4 | 4 | 4 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $31 → $16 | Buy | Maintains | $31 → $16 | +654.72% | Sep 13, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +560.38% | Aug 1, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +984.91% | May 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +984.91% | Apr 17, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $36 → $31 | Buy | Maintains | $36 → $31 | +1,362.26% | Mar 13, 2023 |
Financial Forecast
Revenue This Year
200.29K
from 385.28K
Decreased by -48.01%
Revenue Next Year
200.29K
from 200.29K
EPS This Year
-0.28
from -2.58
EPS Next Year
-0.18
from -0.28
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 315,000 | 315,000 | 258.7M | 1.0B | 685.7M | 1.1B |
| Avg | 200,293 | 200,293 | 124.5M | 406.2M | 426.7M | 607.7M |
| Low | 94,678 | 94,678 | 98,323 | 72.9M | 131.3M | 194.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -18.2% | 57.3% | 129,040.7% | 711.6% | 68.8% | 147.2% |
| Avg | -48.0% | - | 62,033.9% | 226.4% | 5.0% | 42.4% |
| Low | -75.4% | -52.7% | -50.9% | -41.5% | -67.7% | -54.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.21 | -0.13 | 0.06 | 1.07 | 0.44 | 0.82 |
| Avg | -0.28 | -0.18 | -0.02 | 0.23 | 0.16 | 0.35 |
| Low | -0.33 | -0.25 | -0.08 | -0.23 | -0.17 | -0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | - | 95.9% | 402.7% |
| Avg | - | - | - | - | -28.0% | 116.8% |
| 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.