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
Target Low Average Median High
Price $4.00 $8.00 $12 $12
Change +151.57% +403.14% +654.72% +654.72%
* 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 '23Jan '24Feb '24Mar '24
Strong Buy 2222
Buy 0000
Hold 0000
Sell 0000
Strong Sell 0000
Total 2222

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
More Analyst Ratings

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
Year 201920202021202220232024202420252025202620262027202720282028
Revenue
21.03M23.56M31.32M38.03M46.74M88.75M83.41M167.33M100.73M123.73M123.73M168.61M168.61M224.47M224.47M
Revenue Growth
-12.01%32.92%21.45%22.90%89.87%-6.01%100.60%-39.80%22.83%-36.27%-33.13%-
EPS
-0.95-0.36-0.67-0.17-1.28-0.66-0.58-0.78-0.43------
EPS Growth
---------------
No. Analysts -----4534333333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025
High -0.50 -0.38
Avg -0.58 -0.43
Low -0.62 -0.47

EPS Growth

EPS Growth 20242025
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.