Verastem, Inc. (VSTM)
NASDAQ: VSTM · IEX Real-Time Price · USD
2.935
-0.315 (-9.69%)
At close: Jul 2, 2024, 4:00 PM
2.930
-0.005 (-0.17%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Verastem Stock Forecast
VSTM's stock price has decreased by -62.13% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Verastem stock have an average target of 25.69, with a low estimate of 16 and a high estimate of 36. The average target predicts an increase of 775.30% from the current stock price of 2.94.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 29, 2024.
Analyst Ratings
The average analyst rating for Verastem 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 8 | 8 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $34 → $20 | Strong Buy | Maintains | $34 → $20 | +581.43% | May 29, 2024 |
RBC Capital | RBC Capital | Buy Maintains $32 → $16 | Buy | Maintains | $32 → $16 | +445.14% | May 28, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +496.25% | May 28, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +496.25% | May 13, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +496.25% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
204.00K
Revenue Next Year
28.04M
from 204.00K
Increased by 13,647.06%
EPS This Year
-4.03
from -3.96
EPS Next Year
-3.29
from -4.03
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.7M | 79.8M | 151.6M | 240.5M | 412.7M |
Avg | 204,000 | 28.0M | 87.1M | 147.3M | 276.6M |
Low | n/a | 3.2M | 7.4M | 25.8M | 190.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 39,030.9% | 440.4% | 176.0% | 180.2% |
Avg | - | 13,647.1% | 210.6% | 69.0% | 87.8% |
Low | - | 1,485.3% | -73.4% | -70.4% | 29.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -3.79 | -2.93 | -0.37 | -2.43 | -2.29 |
Avg | -4.03 | -3.29 | -2.34 | -2.36 | -2.22 |
Low | -4.55 | -4.75 | -3.43 | -2.26 | -2.14 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.