Palatin Technologies Stock Forecast

PTN's stock price has decreased by -60% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for PTN stock has a target of 17, which predicts an increase of 1,656.38% from the current stock price of 0.97.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17	$17	$17	$17
Change	+1656.4%	+1656.4%	+1656.4%	+1656.4%

Analyst Ratings

According to 1 stock analyst, the rating for PTN 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	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+1,656.38%	Dec 19, 2024
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+1,656.38%	Nov 25, 2024
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+1,656.38%	Nov 4, 2024
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+1,656.38%	Oct 31, 2024
Joseph Pantginis HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $17	Strong Buy	Reiterates	$17	+1,656.38%	Oct 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

from 4.49M

Revenue Next Year

75.23M

EPS This Year

-2.05

from -2.02

EPS Next Year

0.69

from -2.05

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	117.99K	-188.60K	1.47M	4.85M	4.49M	-	75.23M
Revenue Growth	-99.80%	-	-	230.53%	-7.49%	-	-
EPS	-2.39	-3.55	-3.79	-2.21	-2.02	-2.05	0.69
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	1.41
No. Analysts	-	-	-	-	-	2	3

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

Revenue Forecast

Revenue	2025	2026
High	n/a	78.2M
Avg	n/a	75.2M
Low	n/a	73.0M

Revenue Growth

Revenue Growth	2025	2026
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2025	2026
High	-2.13	1.97
Avg	-2.05	0.69
Low	-1.99	-0.51

EPS Growth

EPS Growth	2025	2026
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.