Cara Therapeutics (CARA) Stock Forecast, Price Target & Predictions
CARA Stock Forecast
Cara Therapeutics (CARA) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $14.50, with a high of $30.00 and a low of $1.00. This represents a 172.56% increase from the last price of $5.32.
CARA Stock Rating
Cara Therapeutics stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (69.23%), 4 Hold (30.77%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
CARA Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Cara Therapeutics | 172.56% |
Sector | Healthcare Stocks | 35.25% |
Industry | Biotech Stocks | 86.56% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $1.00 |
Last Closing Price | $5.32 | $5.32 | $5.32 |
Upside/Downside | - | - | -81.20% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | - | - | 1 | - | - | 1 |
Mar, 25 | - | - | 1 | - | - | 1 |
Feb, 25 | - | - | 1 | - | - | 1 |
Jan, 25 | - | - | 2 | - | - | 2 |
Dec, 24 | - | - | 4 | - | - | 4 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jun 13, 2024 | Sumant Kulkarni | Canaccord Genuity | $1.00 | $0.68 | 47.06% | -81.20% |
Jun 12, 2024 | Annabel Samimy | Stifel Nicolaus | $1.00 | $0.68 | 47.06% | -81.20% |
May 10, 2022 | Oren Livnat | H.C. Wainwright | $30.00 | $9.23 | 225.03% | 463.91% |
Mar 03, 2022 | Joseph Stringer | Needham | $26.00 | $11.08 | 134.66% | 388.72% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jun 13, 2024 | Needham | Buy | Buy | hold |
Jun 13, 2024 | H.C. Wainwright | Neutral | downgrade | |
Jun 13, 2024 | Needham | Buy | Hold | downgrade |
Jun 13, 2024 | Canaccord Genuity | Underperform | Negative | downgrade |
May 14, 2024 | Needham | Buy | Buy | hold |
Mar 28, 2024 | Needham | Buy | Buy | hold |
Mar 05, 2024 | Needham | Buy | Buy | hold |
Dec 19, 2023 | Piper Sandler | Buy | Buy | hold |
Nov 14, 2023 | Piper Sandler | Overweight | Neutral | downgrade |
Mar 07, 2023 | Needham | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $0.18 | $-1.74 | $-1.55 | $-2.19 | $-0.02 | - | - | - | - |
Avg Forecast | $-1.22 | $-1.67 | $-1.35 | $-24.07 | $-15.08 | $-8.82 | $-8.64 | $-13.44 | $-13.92 |
High Forecast | $-0.56 | $-0.77 | $-1.35 | $-23.85 | $-15.08 | $-8.82 | $-8.64 | $-13.44 | $-13.92 |
Low Forecast | $-2.27 | $-3.11 | $-1.35 | $-24.41 | $-15.08 | $-8.82 | $-8.64 | $-13.44 | $-13.92 |
Surprise % | -114.75% | 4.19% | 14.81% | -90.90% | -99.87% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $135.08M | $23.03M | $41.87M | $20.97M | $7.14M | - | - | - | - |
Avg Forecast | $28.07M | $23.35M | $53.45M | $27.41M | $7.15M | $7.83M | $10.16M | $25.20M | $30.11M |
High Forecast | $46.75M | $38.89M | $53.45M | $29.53M | $7.15M | $7.83M | $10.16M | $25.20M | $30.11M |
Low Forecast | $16.46M | $13.70M | $53.45M | $25.72M | $7.15M | $7.83M | $10.16M | $25.20M | $30.11M |
Surprise % | 381.23% | -1.39% | -21.68% | -23.49% | -0.13% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $8.41M | $-88.19M | $-83.41M | $-118.51M | $-70.87M | - | - | - | - |
Avg Forecast | $91.72M | $-90.35M | $123.67M | $-118.51M | $-816.57M | $-477.59M | $-467.85M | $-727.76M | $-753.75M |
High Forecast | $142.03M | $-41.78M | $163.13M | $-80.71M | $-816.57M | $-477.59M | $-467.85M | $-727.76M | $-753.75M |
Low Forecast | $41.42M | $-168.49M | $84.22M | $-156.32M | $-816.57M | $-477.59M | $-467.85M | $-727.76M | $-753.75M |
Surprise % | -90.83% | -2.39% | -167.45% | - | -91.32% | - | - | - | - |