Ovid Therapeutics Inc. (OVID)
NASDAQ: OVID · IEX Real-Time Price · USD
3.050
0.00 (0.00%)
At close: Mar 28, 2024, 4:00 PM
3.040
-0.010 (-0.33%)
After-hours: Mar 28, 2024, 7:03 PM EDT

Ovid Therapeutics Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Ovid Therapeutics stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 162.30% from the current stock price of 3.05.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $8.00 $7.00 $11
Change +96.72% +162.30% +129.51% +260.66%
* Price targets were last updated on Dec 21, 2023.

Analyst Ratings

The average analyst rating for OVID 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 223333
Buy 000000
Hold 110000
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Strong Buy
Initiates
$11
Strong Buy Initiates $11 +260.66% Dec 21, 2023
JonesTrading
JonesTrading
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +96.72% Jun 14, 2023
Ladenburg Thalmann
Ladenburg Thalmann
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +129.51% May 2, 2023
Citigroup
Citigroup
Hold
Maintains
$2.4$2.5
Hold Maintains $2.4$2.5 -18.03% Aug 29, 2022
Citigroup
Citigroup
Hold
Maintains
$4$2.4
Hold Maintains $4$2.4 -21.31% May 20, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
455.43K
from 391.70K
Increased by 16.27%
Revenue Next Year
37.57M
from 455.43K
Increased by 8,150.01%
EPS This Year
-0.68
from -0.74
EPS Next Year
-0.04
from -0.68
Year 2019202020212022202320242025202620272028
Revenue
-12.62M208.38M1.50M391.70K455.43K37.57M44.67M82.19M140.64M
Revenue Growth
--1,551.57%-99.28%-73.93%16.27%8,150.01%18.89%84.00%71.11%
EPS
-1.54-1.391.76-0.77-0.74-0.68-0.04---
EPS Growth
----------
No. Analysts -----97444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 825,300 56.5M 55.7M 84.6M 169.1M
Avg 455,430 37.6M 44.7M 82.2M 140.6M
Low n/a 11.3M 33.8M 79.0M 112.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
110.7%
12,307.4%
48.4%
89.5%
105.7%
Avg
16.3%
8,150.0%
18.9%
84.0%
71.1%
Low -
2,374.6%
-10.0%
76.7%
36.8%

EPS Forecast

EPS 20242025
High -0.35 0.82
Avg -0.68 -0.04
Low -0.75 -0.59

EPS Growth

EPS Growth 20242025
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.