Opthea Limited (OPT)

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 259.27% from the current stock price of 3.34.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$12	$12	$12	$12
Change	+259.27%	+259.27%	+259.27%	+259.27%

* 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	1	1	1	1
Buy	1	1	1	1	1	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Caufield HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $14 → $12	Strong Buy	Maintains	$14 → $12	+259.27%	Sep 3, 2024
Hartaj Singh Oppenheimer	Oppenheimer	Buy Maintains $31 → $16	Buy	Maintains	$31 → $16	+379.03%	Sep 13, 2023
Matthew Caufield HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $14	Strong Buy	Reiterates	$14	+319.15%	Aug 1, 2023
Elemer Piros EF Hutton	EF Hutton	Strong Buy Reiterates $23	Strong Buy	Reiterates	$23	+588.60%	May 16, 2023
Elemer Piros EF Hutton	EF Hutton	Strong Buy Initiates $23	Strong Buy	Initiates	$23	+588.60%	Apr 17, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

176.75K

Decreased by -32.50%

from 261.86K

Revenue Next Year

83.01M

Increased by 46,864.64%

from 176.75K

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	100.69K	95.56K	199.01K	385.28K	261.86K	176.75K	83.01M	226.90M
Revenue Growth	-57.48%	-5.09%	108.24%	93.60%	-32.03%	-32.50%	46,864.64%	173.34%
EPS	-0.04	-0.14	-0.26	-0.32	-0.35	-0.18	-0.08	0.21
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	15.56
No. Analysts	-	-	-	-	-	5	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	315,000	258.7M	1.0B
Avg	176,750	83.0M	226.9M
Low	98,000	98,000	100,075

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	20.3%	146,242.3%	1,143.2%
Avg	-32.5%	46,864.6%	173.3%
Low	-62.6%	-44.6%	-99.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-0.12	0.02	1.06
Avg	-0.18	-0.08	0.21
Low	-0.27	-0.15	-0.07

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
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.