Opthea Limited (OPT)
NASDAQ: OPT · IEX Real-Time Price · USD
3.430
-0.060 (-1.72%)
At close: Apr 24, 2024, 4:00 PM
3.320
-0.110 (-3.21%)
After-hours: Apr 24, 2024, 4:10 PM EDT
Opthea Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Opthea stock have an average target of 17.67, with a low estimate of 14 and a high estimate of 23. The average target predicts an increase of 415.16% from the current stock price of 3.43.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 13, 2023.
Analyst Ratings
The average analyst rating for Opthea stock from 3 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 | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 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 | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $31 → $16 | Buy | Maintains | $31 → $16 | +366.47% | Sep 13, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +308.16% | Aug 1, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +570.55% | May 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +570.55% | Apr 17, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $36 → $31 | Buy | Maintains | $36 → $31 | +803.79% | Mar 13, 2023 |
Financial Forecast
Revenue This Year
150.19K
from 385.28K
Decreased by -61.02%
Revenue Next Year
150.19K
from 150.19K
EPS This Year
-0.37
from -2.58
EPS Next Year
-0.23
from -0.37
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 156,135 | 156,135 | 162,141 | 1.0B | 505.8M |
| Avg | 150,187 | 150,187 | 155,964 | 427.2M | 312.4M |
| Low | 145,726 | 145,726 | 151,332 | 74.4M | 134.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -59.5% | 4.0% | 8.0% | 642,996.3% | 18.4% |
| Avg | -61.0% | - | 3.8% | 273,834.7% | -26.9% |
| Low | -62.2% | -3.0% | 0.8% | 47,593.6% | -68.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.32 | -0.20 | -0.08 | 1.45 | 0.21 |
| Avg | -0.37 | -0.23 | -0.10 | 0.39 | 0.02 |
| Low | -0.42 | -0.25 | -0.12 | -0.23 | -0.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | -45.6% |
| Avg | - | - | - | - | -95.0% |
| 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.