Scilex Holding Company Stock Forecast

SCLX's stock price has decreased by -88.29% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for SCLX stock have an average target of 8.00, with a low estimate of 4.00 and a high estimate of 12. The average target predicts an increase of 841.18% from the current stock price of 0.85.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$8.00	$12	$12
Change	+370.59%	+841.18%	+1311.8%	+1311.8%

* Price targets were last updated on Dec 4, 2023.

Analyst Ratings

The average analyst rating for SCLX stock from 2 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	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2
Buy	0	0	0	0
Hold	0	0	0	0
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+1,311.76%	Dec 4, 2023
Mayank Mamtani B. Riley Securities	B. Riley Securities	Strong Buy Initiates $4	Strong Buy	Initiates	$4	+370.59%	Oct 13, 2023
Raghuram Selvaraju HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $12	Strong Buy	Initiates	$12	+1,311.76%	Oct 9, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

88.75M

from 46.74M

89.87%

from 46.74M

Revenue Next Year

89.98M

from 88.75M

1.38%

from 88.75M

EPS This Year

-0.66

from -1.28

EPS Next Year

-0.44

from -0.66

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	21.03M	23.56M	31.32M	38.03M	46.74M	88.75M	89.98M	167.33M	120.77M	123.73M	123.73M	168.61M	168.61M	224.47M	224.47M
Revenue Growth	-	12.01%	32.92%	21.45%	22.90%	89.87%	1.38%	85.97%	-27.83%	2.45%	-	36.27%	-	33.13%	-
EPS	-0.95	-0.36	-0.67	-0.17	-1.28	-0.66	-0.44	-0.78	-0.33	-	-	-	-	-	-
EPS Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	5	3	4	3	3	3	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	92.6M	124.3M	127.4M	173.6M	231.1M
Avg	90.0M	120.8M	123.7M	168.6M	224.5M
Low	86.4M	116.0M	118.9M	162.0M	215.7M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	98.2%	38.2%	5.5%	40.3%	37.0%
Avg	92.5%	34.2%	2.5%	36.3%	33.1%
Low	84.9%	29.0%	-1.6%	30.9%	27.9%

EPS Forecast

EPS	2024	2025
High	-0.45	-0.34
Avg	-0.44	-0.33
Low	-0.42	-0.31

EPS Growth

EPS Growth	2024	2025
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.