Rezolute Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Rezolute stock have an average target of 10.14, with a low estimate of 5.00 and a high estimate of 14. The average target predicts an increase of 124.34% from the current stock price of 4.52.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$10.14	$10	$14
Change	+10.62%	+124.34%	+121.24%	+209.73%

Analyst Ratings

The average analyst rating for Rezolute stock from 7 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	4	3	4	5
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	6	5	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julian Harrison BTIG	BTIG	Strong Buy Initiates $13	Strong Buy	Initiates	$13	+187.61%	Jul 17, 2024
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy Initiates $14	Strong Buy	Initiates	$14	+209.73%	Jun 4, 2024
Douglas Tsao HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $14	Strong Buy	Reiterates	$14	+209.73%	May 22, 2024
Douglas Tsao HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $14	Strong Buy	Reiterates	$14	+209.73%	May 16, 2024
Jason Butler JMP Securities	JMP Securities	Buy Reiterates $7	Buy	Reiterates	$7	+54.87%	Apr 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

27.95M

EPS This Year

-1.22

from -1.01

EPS Next Year

-0.94

from -1.22

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	-	-	-	-	-	-	27.95M	7.79M	52.91M	163.52M	302.46M
Revenue Growth	-	-	-	-	-	-	-	-72.12%	578.90%	209.07%	84.97%
EPS	-18.41	-3.54	-2.72	-2.32	-1.01	-1.22	-0.94	-1.47	-1.03	-0.05	1.04
EPS Growth	-	-	-	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-	-	-	4.37
No. Analysts	-	-	-	-	-	10	10	8	6	6	6

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	n/a	120.8M	27.6M	91.9M	322.1M	629.3M
Avg	n/a	27.9M	7.8M	52.9M	163.5M	302.5M
Low	n/a	n/a	n/a	16.4M	58.8M	117.2M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-	-	-1.2%	1,078.9%	508.8%	284.8%
Avg	-	-	-72.1%	578.9%	209.1%	85.0%
Low	-	-	-	110.9%	11.2%	-28.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	-1.14	0.59	-1.01	-0.12	2.39	5.49
Avg	-1.22	-0.94	-1.47	-1.03	-0.05	1.04
Low	-1.24	-1.79	-2.06	-2.29	-2.57	-2.89

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
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.