Scilex Holding Company (SCLX)
NASDAQ: SCLX · IEX Real-Time Price · USD
1.590
-0.020 (-1.24%)
At close: Mar 28, 2024, 4:00 PM
1.585
-0.005 (-0.31%)
After-hours: Mar 28, 2024, 7:59 PM EDT
Scilex Holding Company Stock Forecast
SCLX's stock price has decreased by -79.62% 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 403.14% from the current stock price of 1.59.
Analyst Consensus: Strong Buy
* 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 | Dec '23 | Jan '24 | Feb '24 | Mar '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 |
---|---|---|---|---|---|---|---|
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +654.72% | Dec 4, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +151.57% | Oct 13, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +654.72% | Oct 9, 2023 |
Financial Forecast
Revenue This Year
88.75M
from 46.74M
Increased by 89.87%
Revenue Next Year
83.41M
from 88.75M
Decreased by -6.01%
EPS This Year
-0.66
from -1.28
EPS Next Year
-0.58
from -0.66
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 108.3M | 124.3M | 127.4M | 173.6M | 231.1M |
Avg | 83.4M | 100.7M | 123.7M | 168.6M | 224.5M |
Low | 56.3M | 77.5M | 118.9M | 162.0M | 215.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 131.7% | 49.0% | 26.4% | 40.3% | 37.0% |
Avg | 78.5% | 20.8% | 22.8% | 36.3% | 33.1% |
Low | 20.4% | -7.0% | 18.0% | 30.9% | 27.9% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.50 | -0.38 |
Avg | -0.58 | -0.43 |
Low | -0.62 | -0.47 |
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.