Zai Lab Limited (ZLAB)
NASDAQ: ZLAB · IEX Real-Time Price · USD
15.91
+0.17 (1.08%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Zai Lab Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Zai Lab stock have an average target of 64.22, with a low estimate of 47.5 and a high estimate of 73.34. The average target predicts an increase of 303.65% from the current stock price of 15.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 29, 2024.
Analyst Ratings
The average analyst rating for Zai Lab stock from 6 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 | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $123 → $66 | Strong Buy | Maintains | $123 → $66 | +314.83% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $48 | Buy | Initiates | $48 | +198.55% | Dec 14, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $64 → $66 | Buy | Maintains | $64 → $66 | +314.83% | Nov 30, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $130 → $128 | Strong Buy | Maintains | $130 → $128 | +704.53% | Oct 26, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $82 → $73 | Strong Buy | Maintains | $82 → $73 | +360.97% | Oct 26, 2023 |
Financial Forecast
Revenue This Year
385.70M
from 266.72M
Increased by 44.61%
Revenue Next Year
594.89M
from 385.70M
Increased by 54.24%
EPS This Year
-0.32
from -3.50
EPS Next Year
-0.20
from -0.32
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 409.5M | 679.7M | 1.1B | 2.1B | 2.4B |
| Avg | 385.7M | 594.9M | 942.9M | 1.6B | 2.1B |
| Low | 357.7M | 518.1M | 725.1M | 1.1B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.5% | 76.2% | 88.9% | 120.2% | 50.2% |
| Avg | 44.6% | 54.2% | 58.5% | 71.6% | 28.8% |
| Low | 34.1% | 34.3% | 21.9% | 20.1% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.30 | -0.16 | 0.18 | 2.93 | 6.22 |
| Avg | -0.32 | -0.20 | 0.05 | 2.85 | 6.04 |
| Low | -0.33 | -0.25 | -0.10 | 2.73 | 5.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 6,054.0% | 118.4% |
| Avg | - | - | - | 5,878.1% | 112.2% |
| Low | - | - | - | 5,643.7% | 103.9% |
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.