Sutro Biopharma, Inc. (STRO)
NASDAQ: STRO · Real-Time Price · USD
3.690
+0.140 (3.94%)
Nov 4, 2024, 4:00 PM EST - Market closed

Sutro Biopharma Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Sutro Biopharma stock have an average target of 12.13, with a low estimate of 8.00 and a high estimate of 17. The average target predicts an increase of 228.73% from the current stock price of 3.69.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.00 $12.13 $12 $17
Change +116.80% +228.73% +225.20% +360.70%

Analyst Ratings

The average analyst rating for STRO stock from 8 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444444
Buy 444444
Hold 000000
Sell 000000
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Reiterates
$11
Buy Reiterates $11 +198.10% Oct 11, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +225.20% Oct 11, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$17
Buy Reiterates $17 +360.70% Sep 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +225.20% Sep 16, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$18$15
Strong Buy Maintains $18$15 +306.50% Aug 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
67.38M
from 153.73M
Decreased by -56.17%
Revenue Next Year
64.95M
from 67.38M
Decreased by -3.61%
EPS This Year
-3.01
from -1.78
EPS Next Year
-3.05
from -3.01
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
42.74M42.72M61.88M67.77M153.73M67.38M64.95M74.51M
Revenue Growth
11.24%-0.03%44.84%9.52%126.84%-56.17%-3.61%14.72%
EPS
-2.43-0.99-2.29-2.35-1.78-3.01-3.05-2.79
EPS Growth
--------
Forward PE
--------
No. Analysts -----131311
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 95.4M 105.3M 158.8M
Avg 67.4M 65.0M 74.5M
Low 44.1M n/a 14.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
-37.9%
56.3%
144.5%
Avg
-56.2%
-3.6%
14.7%
Low
-71.3%
-
-77.4%

EPS Forecast

EPS 20242025202620272028
High -2.08 -1.76 -1.40
Avg -3.01 -3.05 -2.79
Low -3.19 -3.76 -4.26

EPS Growth

EPS Growth 20242025202620272028
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.