Zai Lab Limited (ZLAB)
NASDAQ: ZLAB · IEX Real-Time Price · USD
18.57
+0.57 (3.17%)
At close: Jun 21, 2024, 4:00 PM
19.25
+0.68 (3.66%)
After-hours: Jun 21, 2024, 7:43 PM EDT

Zai Lab Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Zai Lab stock have an average target of 64.57, with a low estimate of 47.5 and a high estimate of 73.34. The average target predicts an increase of 247.71% from the current stock price of 18.57.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $47.5 $64.57 $66 $73.34
Change +155.79% +247.71% +255.41% +294.94%
* Price targets were last updated on Feb 29, 2024.

Analyst Ratings

The average analyst rating for Zai Lab stock from 5 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 333332
Buy 333333
Hold 000000
Sell 000000
Strong Sell 000000
Total 666665

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$123$66
Strong Buy Maintains $123$66 +255.41% Feb 29, 2024
Morgan Stanley
Morgan Stanley
Buy
Initiates
$48
Buy Initiates $48 +155.79% Dec 14, 2023
JP Morgan
JP Morgan
Buy
Maintains
$64$66
Buy Maintains $64$66 +255.41% Nov 30, 2023
Citigroup
Citigroup
Strong Buy
Maintains
$130$128
Strong Buy Maintains $130$128 +589.28% Oct 26, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$82$73
Strong Buy Maintains $82$73 +294.94% Oct 26, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
394.44M
from 266.72M
Increased by 47.89%
Revenue Next Year
589.53M
from 394.44M
Increased by 49.46%
EPS This Year
-0.31
from -3.50
EPS Next Year
-0.19
from -0.31
Year 2019202020212022202320242025202620272028
Revenue
12.99M48.96M144.31M215.04M266.72M394.44M589.53M933.10M1.32B1.75B
Revenue Growth
9,965.89%277.04%194.77%49.01%24.03%47.89%49.46%58.28%40.93%32.70%
EPS
-3.03-3.50-7.60-4.60-3.50-0.31-0.190.111.924.00
EPS Growth
--------1,662.44%108.51%
Forward PE
-------170.679.684.64
No. Analysts -----88633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 426.3M 678.3M 1.1B 1.7B 2.0B
Avg 394.4M 589.5M 933.1M 1.3B 1.7B
Low 357.7M 507.6M 725.1M 1.1B 1.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
59.8%
72.0%
89.3%
78.1%
54.9%
Avg
47.9%
49.5%
58.3%
40.9%
32.7%
Low
34.1%
28.7%
23.0%
15.2%
17.1%

EPS Forecast

EPS 20242025202620272028
High -0.28 -0.15 0.41 1.97 4.12
Avg -0.31 -0.19 0.11 1.92 4.00
Low -0.32 -0.25 -0.10 1.84 3.84

EPS Growth

EPS Growth 20242025202620272028
High - - -
1,714.3%
114.6%
Avg - - -
1,662.4%
108.5%
Low - - -
1,593.3%
100.3%
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.