Opthea Limited (OPT)
NASDAQ: OPT · Real-Time Price · USD
3.170
-0.140 (-4.23%)
Nov 21, 2024, 12:28 PM EST - Market open

Opthea Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Opthea stock has a target of 12, which predicts an increase of 278.55% from the current stock price of 3.17.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $12 $12 $12
Change +278.55% +278.55% +278.55% +278.55%
* Price targets were last updated on Sep 3, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Opthea 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333111
Buy 111110
Hold 000000
Sell 000000
Strong Sell 000000
Total 444221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$14$12
Strong Buy Maintains $14$12 +278.55% Sep 3, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$31$16
Buy Maintains $31$16 +404.73% Sep 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$14
Strong Buy Reiterates $14 +341.64% Aug 1, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$23
Strong Buy Reiterates $23 +625.55% May 16, 2023
EF Hutton
EF Hutton
Strong Buy
Initiates
$23
Strong Buy Initiates $23 +625.55% Apr 17, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
176.75K
from 261.86K
Decreased by -32.50%
Revenue Next Year
83.01M
from 176.75K
Increased by 46,864.64%
EPS This Year
-0.18
from -0.35
EPS Next Year
-0.08
from -0.18
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
100.69K95.56K199.01K385.28K261.86K176.75K83.01M382.73M
Revenue Growth
-57.48%-5.09%108.24%93.60%-32.03%-32.50%46,864.64%361.06%
EPS
-0.04-0.14-0.26-0.32-0.35-0.18-0.080.08
EPS Growth
--------
Forward PE
-------40.07
No. Analysts -----554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 315,000 258.7M 1.0B
Avg 176,750 83.0M 382.7M
Low 98,000 98,000 98,000

Revenue Growth

Revenue Growth 20252026202720282029
High
20.3%
146,242.3%
1,114.3%
Avg
-32.5%
46,864.6%
361.1%
Low
-62.6%
-44.6%
-99.9%

EPS Forecast

EPS 20252026202720282029
High -0.12 0.02 1.02
Avg -0.18 -0.08 0.08
Low -0.27 -0.15 -0.66

EPS Growth

EPS Growth 20252026202720282029
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.