Abeona Therapeutics Inc. (ABEO)
NASDAQ: ABEO · IEX Real-Time Price · USD
5.01
-0.13 (-2.53%)
At close: Dec 29, 2023, 4:00 PM
4.93
-0.08 (-1.60%)
After-hours: Dec 29, 2023, 7:45 PM EST
Abeona Therapeutics Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for ABEO stock stock is $29, which predicts an increase of 478.84%. The lowest target is $20 and the highest is $38. On average, analysts rate ABEO stock stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 24, 2023.
Analyst Ratings
The average analyst rating for ABEO stock from 2 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 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $38 | Buy | Reiterates | $38 | +658.48% | Aug 24, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $38 | Buy | Reiterates | $38 | +658.48% | Jul 13, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +299.20% | May 24, 2023 |
| SVB Leerink | SVB Leerink | Hold Maintains $5 → $6 | Hold | Maintains | $5 → $6 | +19.76% | Nov 14, 2022 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $22 → $40 | Buy | Maintains | $22 → $40 | +698.40% | Nov 8, 2022 |
Financial Forecast
Revenue This Year
3.57M
from 1.41M
Increased by 152.48%
Revenue Next Year
13.84M
from 3.57M
Increased by 287.65%
EPS This Year
-2.27
from -5.53
EPS Next Year
-1.74
from -2.27
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 3.7M | 20.7M | 97.8M | 214.0M | 381.1M | 426.3M |
| Avg | 3.6M | 13.8M | 65.7M | 157.1M | 251.4M | 295.0M |
| Low | 3.4M | 7.4M | 43.1M | 85.7M | 127.4M | 169.0M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 159.9% | 479.4% | 606.4% | 225.8% | 142.5% | 69.6% |
| Avg | 152.5% | 287.6% | 374.6% | 139.2% | 60.0% | 17.3% |
| Low | 142.6% | 107.9% | 211.6% | 30.4% | -18.9% | -32.8% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -2.04 | -1.63 | 0.63 | 3.79 | 8.55 | 7.61 |
| Avg | -2.27 | -1.74 | -0.37 | 2.81 | 8.30 | 7.40 |
| Low | -2.33 | -1.95 | -1.31 | 1.86 | 7.98 | 7.10 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | - | - | - | - | 204.2% | -8.3% |
| Avg | - | - | - | - | 195.5% | -10.9% |
| Low | - | - | - | - | 183.9% | -14.4% |
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.