Arcadia Biosciences, Inc. (RKDA)
NASDAQ: RKDA · Real-Time Price · USD
2.740
+0.090 (3.40%)
At close: Nov 22, 2024, 4:00 PM
2.790
+0.050 (1.82%)
After-hours: Nov 22, 2024, 4:39 PM EST

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 118.98% from the current stock price of 2.74.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +118.98% +118.98% +118.98% +118.98%
* Price targets were last updated on Aug 21, 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$6
Strong Buy Reiterates $6 +118.98% Aug 21, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$10$6
Strong Buy Maintains $10$6 +118.98% May 23, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +264.96% Apr 5, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$15$10
Strong Buy Maintains $15$10 +264.96% Aug 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +447.45% Jul 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
5.36M
from 5.33M
Increased by 0.53%
Revenue Next Year
6.66M
from 5.36M
Increased by 24.24%
EPS This Year
-1.43
from -11.30
EPS Next Year
-1.31
from -1.43
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.17M8.03M6.78M7.42M5.33M5.36M6.66M7.65M
Revenue Growth
-20.15%587.25%-15.61%9.41%-28.15%0.53%24.24%14.92%
EPS
-181.07-18.70-27.56-25.65-11.30-1.43-1.31-2.28
EPS Growth
--------
Forward PE
--------
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 5.7M 6.9M 7.9M
Avg 5.4M 6.7M 7.7M
Low 5.0M 6.4M 7.4M

Revenue Growth

Revenue Growth 202420252026
High
6.5%
28.4%
18.3%
Avg
0.5%
24.2%
14.9%
Low
-6.2%
18.9%
10.4%

EPS Forecast

EPS 202420252026
High -1.17 0.13 -2.35
Avg -1.43 -1.31 -2.28
Low -1.67 -2.63 -2.20

EPS Growth

EPS Growth 202420252026
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.