Zymeworks Inc. (ZYME)
NASDAQ: ZYME · IEX Real-Time Price · USD
8.55
-0.01 (-0.12%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Zymeworks Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Zymeworks stock have an average target of 15.25, with a low estimate of 10 and a high estimate of 19. The average target predicts an increase of 78.36% from the current stock price of 8.55.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for Zymeworks stock from 4 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 | 4 | 4 | 4 | 4 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $12 → $14 | Buy | Maintains | $12 → $14 | +63.74% | Mar 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Maintains $8 → $10 | Hold | Maintains | $8 → $10 | +16.96% | Mar 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $8 | Hold | Reiterates | $8 | -6.43% | Aug 15, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $8 | Hold | Reiterates | $8 | -6.43% | Jun 6, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +110.53% | May 18, 2023 |
Financial Forecast
Revenue This Year
125.27M
from 76.01M
Increased by 64.80%
Revenue Next Year
96.94M
from 125.27M
Decreased by -22.61%
EPS This Year
-0.92
from -1.72
EPS Next Year
-1.06
from -0.92
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 173.3M | 285.8M | 195.9M | 137.6M | 231.1M |
| Avg | 96.9M | 124.7M | 145.7M | 80.9M | 149.3M |
| Low | 24.5M | 29.4M | 121.5M | 40.2M | 80.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 127.9% | 194.8% | 57.1% | -5.6% | 185.6% |
| Avg | 27.5% | 28.6% | 16.9% | -44.5% | 84.5% |
| Low | -67.8% | -69.7% | -2.6% | -72.4% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.25 | 0.92 | -0.49 | -0.69 | -0.49 |
| Avg | -1.06 | -0.79 | -1.24 | -1.64 | -1.61 |
| Low | -2.29 | -2.30 | -1.70 | -2.51 | -2.64 |
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.