Zymeworks Inc. (ZYME)
NASDAQ: ZYME · IEX Real-Time Price · USD
9.78
-0.03 (-0.31%)
At close: Jul 19, 2024, 4:00 PM
9.55
-0.23 (-2.35%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
Zymeworks Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Zymeworks stock have an average target of 12.67, with a low estimate of 10 and a high estimate of 16. The average target predicts an increase of 29.55% from the current stock price of 9.78.
Analyst Consensus: Buy
* Price targets were last updated on Jun 6, 2024.
Analyst Ratings
The average analyst rating for Zymeworks stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 2 | 2 | 2 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 5 | 5 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $10 | Hold | Reiterates | $10 | +2.25% | Jun 6, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $10 | Hold | Reiterates | $10 | +2.25% | May 7, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +63.60% | May 3, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $14 → $12 | Buy | Maintains | $14 → $12 | +22.70% | May 3, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $12 → $14 | Buy | Maintains | $12 → $14 | +43.15% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
125.27M
from 76.01M
Increased by 64.80%
Revenue Next Year
97.46M
from 125.27M
Decreased by -22.20%
EPS This Year
-0.92
from -1.72
EPS Next Year
-1.09
from -0.92
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 173.3M | 286.3M | 195.9M | 199.4M | 190.1M |
| Avg | 97.5M | 120.4M | 145.7M | 112.4M | 120.1M |
| Low | 39.6M | 50.3M | 121.5M | 39.2M | 82.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 127.9% | 193.7% | 62.7% | 36.8% | 69.1% |
| Avg | 28.2% | 23.5% | 21.0% | -22.9% | 6.8% |
| Low | -47.9% | -48.4% | 0.9% | -73.1% | -26.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.23 | 0.53 | -0.49 | -0.69 | -0.49 |
| Avg | -1.09 | -1.16 | -1.24 | -1.12 | -0.81 |
| Low | -1.69 | -1.99 | -1.70 | -1.42 | -1.09 |
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.