Verastem, Inc. (VSTM)
NASDAQ: VSTM · IEX Real-Time Price · USD
10.00
-0.23 (-2.25%)
Apr 19, 2024, 11:05 AM EDT - Market open
Verastem Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Verastem stock have an average target of 28.79, with a low estimate of 17.5 and a high estimate of 36. The average target predicts an increase of 187.90% from the current stock price of 10.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2024.
Analyst Ratings
The average analyst rating for Verastem 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| 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 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +75.00% | Mar 19, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $32 | Buy | Reiterates | $32 | +220.00% | Mar 15, 2024 |
| BTIG | BTIG | Strong Buy Initiates $27 | Strong Buy | Initiates | $27 | +170.00% | Nov 21, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $39 → $34 | Strong Buy | Maintains | $39 → $34 | +240.00% | Nov 15, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +110.00% | Sep 29, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
30.57M
EPS This Year
-3.83
from -3.96
EPS Next Year
-2.75
from -3.83
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | 79.8M | 151.6M | 311.0M | 485.4M |
| Avg | n/a | 30.6M | 101.8M | 218.7M | 341.7M |
| Low | n/a | 6.9M | 57.0M | 130.9M | 230.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 395.8% | 205.7% | 122.0% |
| Avg | - | - | 232.9% | 114.9% | 56.2% |
| Low | - | - | 86.4% | 28.6% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.33 | -2.51 | -1.29 | 4.07 | 8.27 |
| Avg | -3.83 | -2.75 | -1.79 | 3.96 | 8.04 |
| Low | -4.27 | -3.26 | -2.65 | 3.80 | 7.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 109.1% |
| Avg | - | - | - | - | 103.1% |
| Low | - | - | - | - | 95.1% |
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.