Sutro Biopharma, Inc. (STRO)
NASDAQ: STRO · IEX Real-Time Price · USD
5.65
+0.72 (14.60%)
At close: Mar 28, 2024, 4:00 PM
5.55
-0.10 (-1.77%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Sutro Biopharma Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Sutro Biopharma stock have an average target of 14.29, with a low estimate of 8.00 and a high estimate of 25. The average target predicts an increase of 152.92% from the current stock price of 5.65.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.00 $14.29 $12 $25
Change +41.59% +152.92% +112.39% +342.48%

Analyst Ratings

The average analyst rating for STRO 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 233333
Buy 444444
Hold 000000
Sell 000000
Strong Sell 000000
Total 677777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$10
Buy Maintains $10 +76.99% Mar 28, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$10
Buy Maintains $10 +76.99% Mar 27, 2024
Wedbush
Wedbush
Buy
Maintains
$12$8
Buy Maintains $12$8 +41.59% Mar 26, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$17
Buy Reiterates $17 +200.88% Mar 26, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$16
Strong Buy Maintains $16 +183.19% Mar 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
52.85M
from 67.77M
Decreased by -22.02%
Revenue Next Year
48.95M
from 52.85M
Decreased by -7.38%
EPS This Year
-3.20
from -2.35
EPS Next Year
-3.51
from -3.20
Year 20182019202020212022202320242025202620272028
Revenue
38.42M42.74M42.72M61.88M67.77M52.85M48.95M66.05M115.57M293.50M502.35M
Revenue Growth
-25.75%11.24%-0.03%44.84%9.52%-22.02%-7.38%34.95%74.97%153.96%71.16%
EPS
-6.13-2.43-0.99-2.29-2.35-3.20-3.51-3.34-1.97-0.380.97
EPS Growth
-----------
No. Analysts -----121211554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 60.9M 76.5M 110.1M 297.2M 697.2M 930.3M
Avg 52.8M 48.9M 66.1M 115.6M 293.5M 502.4M
Low 44.1M 23.5M 39.2M 10.3M 56.4M 229.2M

Revenue Growth

Revenue Growth 202320242025202620272028
High
-10.1%
44.8%
124.8%
349.9%
503.3%
217.0%
Avg
-22.0%
-7.4%
34.9%
75.0%
154.0%
71.2%
Low
-34.9%
-55.5%
-19.9%
-84.4%
-51.2%
-21.9%

EPS Forecast

EPS 202320242025202620272028
High -3.18 -2.70 -1.63 -0.77 2.72 4.21
Avg -3.20 -3.51 -3.34 -1.97 -0.38 0.97
Low -3.15 -3.91 -4.70 -3.36 -2.60 -2.07

EPS Growth

EPS Growth 202320242025202620272028
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.