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Adagene (ADAG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

ADAG Stock Forecast

Adagene (ADAG) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $5.00, with a high of $5.00 and a low of $5.00. This represents a 170.27% increase from the last price of $1.85.

High: $5 Avg: $5 Low: $5 Last Closed Price: $1.85

ADAG Stock Rating

Adagene stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

ADAG Forecast vs Benchmarks

TypeNameUpside
StockAdagene170.27%
SectorHealthcare Stocks 25.20%
IndustryBiotech Stocks 63.35%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$5.00
Last Closing Price$1.85$1.85$1.85
Upside/Downside--170.27%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25211--4
Dec, 24211--4
Nov, 24231--6
Oct, 2423---5
Sep, 2423---5
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024Arthur HeH.C. Wainwright$5.00$2.15132.56%170.27%
Apr 08, 2024Matthew HarrisonMorgan Stanley$5.00$2.8376.68%170.27%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Sep 19, 2024H.C. WainwrightBuyBuyhold
Apr 08, 2024Morgan StanleyOverweightOverweighthold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.47$-1.83$-1.85$-0.43-----
Avg Forecast$-2.26$-1.58$-2.02$-1.66$-0.54$-0.63$-0.69$-1.33$-1.26
High Forecast$-2.26$-1.58$-2.02$-2.38$-0.65$-0.95$-0.93$-1.33$-1.26
Low Forecast$-2.26$-1.58$-2.02$-0.93$-0.37$-0.30$-0.44$-1.33$-1.26
Surprise %-79.20%15.82%-8.42%-74.10%-----

Revenue Forecast

$0 $30M $60M $90M $120M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$480.00K$10.18M$9.29M$18.11M-----
Avg Forecast$1.00M$6.69M$7.64M$17.30M$9.50M$10.00M$21.00M$44.29M$122.46M
High Forecast$1.00M$6.69M$7.64M$17.30M$9.50M$10.00M$21.00M$44.29M$122.46M
Low Forecast$1.00M$6.69M$7.64M$17.30M$9.50M$10.00M$21.00M$44.29M$122.46M
Surprise %-52.16%52.10%21.62%4.69%-----

Net Income Forecast

$-105M $-86M $-67M $-48M $-29M $-10M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-16.44M$-73.18M$-79.97M$-18.95M-----
Avg Forecast$-98.97M$-69.08M$-88.60M$-72.38M$-23.65M$-27.24M$-29.84M$-58.24M$-55.18M
High Forecast$-98.97M$-69.08M$-88.60M$-104.02M$-28.38M$-41.44M$-40.53M$-58.24M$-55.18M
Low Forecast$-98.97M$-69.08M$-88.60M$-40.73M$-16.01M$-13.05M$-19.15M$-58.24M$-55.18M
Surprise %-83.39%5.93%-9.74%-73.82%-----

ADAG Forecast FAQ

Is Adagene stock a buy?

Adagene stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Adagene is a favorable investment for most analysts.

What is Adagene's price target?

Adagene's price target, set by 2 Wall Street analysts, averages $5 over the next 12 months. The price target range spans from $5 at the low end to $5 at the high end, suggesting a potential 170.27% change from the previous close price of $1.85.

How does Adagene stock forecast compare to the average forecast of its sector, industry, and investment themes?

Adagene stock forecast shows a 170.27% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and outperforming the biotech stocks industry (63.35%).

What is the breakdown of analyst ratings for Adagene over the past three months?

  • January 2025: 50.00% Strong Buy, 25.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 25.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 50.00% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.

What is Adagene’s EPS forecast?

Adagene's average annual EPS forecast for its fiscal year ending in December is -0.54 for 2024, a 25.58% increase from the reported $-0.43 in 2023. The prediction for 2025 is $-0.63, $-0.69 for 2026, $-1.33 for 2027, and $-1.26 for 2028.

What is Adagene’s revenue forecast?

Adagene's average annual revenue forecast for its fiscal year ending in December is $9.5M for 2024, a -47.55% decrease from the reported $18.11M in 2023. The forecast for 2025 is $10M, $21M for 2026, $44.29M for 2027, and $122.46M for 2028.

What is Adagene’s net income forecast?

For its fiscal year ending in December, Adagene's average annual net income forecast is $-23.647M for 2024, reflecting an 24.81% increase from the reported $-18.946M in 2023. The projection for 2025 is $-27.241M, $-29.837M for 2026, $-58.241M for 2027, and $-55.175M for 2028.