Arcadia Biosciences, Inc. (RKDA)
NASDAQ: RKDA · IEX Real-Time Price · USD
3.095
-0.005 (-0.16%)
At close: Jul 2, 2024, 3:56 PM
3.120
+0.025 (0.81%)
After-hours: Jul 2, 2024, 5:29 PM EDT
Arcadia Biosciences Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Arcadia Biosciences stock has a target of 6.00, which predicts an increase of 93.86% from the current stock price of 3.10.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 23, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RKDA 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '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 |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $6 | Strong Buy | Maintains | $10 → $6 | +93.86% | May 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +223.10% | Apr 5, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +223.10% | Aug 28, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +384.65% | Jul 24, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $18 → $15 | Strong Buy | Maintains | $18 → $15 | +384.65% | Jun 5, 2023 |
Financial Forecast
Revenue This Year
5.01M
from 5.33M
Decreased by -6.08%
Revenue Next Year
6.52M
from 5.01M
Increased by 30.20%
EPS This Year
-1.37
from -11.30
EPS Next Year
-1.84
from -1.37
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5M | 6.8M | 7.8M |
| Avg | 5.0M | 6.5M | 7.5M |
| Low | 4.5M | 6.2M | 7.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4% | 36.3% | 19.2% |
| Avg | -6.1% | 30.2% | 15.8% |
| Low | -15.1% | 22.9% | 11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.42 | -0.45 | -2.88 |
| Avg | -1.37 | -1.84 | -2.79 |
| Low | -2.24 | -3.12 | -2.69 |
EPS Growth
| EPS Growth | 2024 | 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.