Arcadia Biosciences, Inc. (RKDA)
NASDAQ: RKDA · IEX Real-Time Price · USD
1.890
-0.080 (-4.06%)
At close: Apr 15, 2024, 4:00 PM
1.860
-0.030 (-1.59%)
Pre-market: Apr 16, 2024, 6:56 AM EDT

Arcadia Biosciences Stock Forecast

RKDA's stock price has decreased by -72.61% 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 Arcadia Biosciences stock has a target of 10, which predicts an increase of 429.10% from the current stock price of 1.89.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $10 $10 $10
Change +429.10% +429.10% +429.10% +429.10%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '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
$10
Strong Buy Reiterates $10 +429.10% Apr 5, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$15$10
Strong Buy Maintains $15$10 +429.10% Aug 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +693.65% Jul 24, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$18$15
Strong Buy Maintains $18$15 +693.65% Jun 5, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$3$18
Strong Buy Maintains $3$18 +852.38% Apr 14, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
6.35M
from 5.33M
Increased by 19.14%
Revenue Next Year
8.16M
from 6.35M
Increased by 28.50%
EPS This Year
-5.73
from -11.30
EPS Next Year
-4.70
from -5.73
Year 2019202020212022202320242025
Revenue
1.17M8.03M6.78M7.42M5.33M6.35M8.16M
Revenue Growth
-20.15%587.25%-15.61%9.41%-28.15%19.14%28.50%
EPS
-181.20-18.80-27.56-25.65-11.30-5.73-4.70
EPS Growth
-------
No. Analysts -----43
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 6.8M 8.4M
Avg 6.4M 8.2M
Low 5.9M 7.8M

Revenue Growth

Revenue Growth 20242025
High
27.1%
32.3%
Avg
19.1%
28.5%
Low
10.3%
23.5%

EPS Forecast

EPS 20242025
High -5.26 -4.84
Avg -5.73 -4.70
Low -6.10 -4.52

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.