Dermata Therapeutics (DRMA) Stock Forecast, Price Target & Predictions


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DRMA Stock Forecast


Dermata Therapeutics stock forecast is as follows: an average price target of $6.00 (represents a 435.71% upside from DRMA’s last price of $1.12) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

DRMA Price Target


The average price target for Dermata Therapeutics (DRMA) is $6.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $6.00. This represents a potential 435.71% upside from DRMA's last price of $1.12.

DRMA Analyst Ratings


Buy

According to 1 Wall Street analysts, Dermata Therapeutics's rating consensus is 'Buy'. The analyst rating breakdown for DRMA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Dermata Therapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 21, 2024Anthony VendettiMaxim Group$6.00$2.06190.56%435.71%
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The latest Dermata Therapeutics stock forecast, released on Aug 21, 2024 by Anthony Vendetti from Maxim Group, set a price target of $6.00, which represents a 190.56% increase from the stock price at the time of the forecast ($2.06), and a 435.71% increase from DRMA last price ($1.12).

Dermata Therapeutics Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$6.00$6.00
Last Closing Price$1.12$1.12$1.12
Upside/Downside-100.00%435.71%435.71%

In the current month, the average price target of Dermata Therapeutics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dermata Therapeutics's last price of $1.12. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 21, 2024Maxim GroupBuyBuyHold
Feb 07, 2022Maxim Group-HoldInitialise
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Dermata Therapeutics's last stock rating was published by Maxim Group on Aug 21, 2024. The company gave DRMA a "Buy" rating, the same as its previous rate.

Dermata Therapeutics Financial Forecast


Dermata Therapeutics Revenue Forecast

Dec 24Sep 24Jun 24
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Dermata Therapeutics's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. DRMA's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

Dermata Therapeutics EBITDA Forecast

Dec 24Sep 24Jun 24
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Dermata Therapeutics Net Income Forecast

Dec 24Sep 24Jun 24
# Analysts---
Net Income---
Avg Forecast$-2.11M$-4.10M$-2.56M
High Forecast$-2.11M$-4.10M$-2.56M
Low Forecast$-2.11M$-4.10M$-2.56M
Surprise %---

Dermata Therapeutics's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DRMA's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Dermata Therapeutics SG&A Forecast

Dec 24Sep 24Jun 24
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Dermata Therapeutics's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to DRMA last annual SG&A of $NaN (undefined).

Dermata Therapeutics EPS Forecast

Dec 24Sep 24Jun 24
# Analysts---
EPS---
Avg Forecast$-1.36$-2.64$-3.79
High Forecast$-1.36$-2.64$-3.79
Low Forecast$-1.36$-2.64$-3.79
Surprise %---

According to undefined Wall Street analysts, Dermata Therapeutics's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DRMA previous annual EPS of $NaN (undefined).

Dermata Therapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HEPAHepion Pharmaceuticals$0.68$70.0010194.12%Buy
DRMADermata Therapeutics$1.12$6.00435.71%Buy
IMMXImmix Biopharma$1.59$7.00340.25%Buy
ZURAZura Bio$3.16$10.00216.46%Buy
EFTReFFECTOR Therapeutics-$5.50-Buy

DRMA Forecast FAQ


Is Dermata Therapeutics a good buy?

Yes, according to 1 Wall Street analysts, Dermata Therapeutics (DRMA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of DRMA's total ratings.

What is DRMA's price target?

Dermata Therapeutics (DRMA) average price target is $6 with a range of $6 to $6, implying a 435.71% from its last price of $1.12. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Dermata Therapeutics stock go up soon?

According to Wall Street analysts' prediction for DRMA stock, the company can go up by 435.71% (from the last price of $1.12 to the average price target of $6), up by 435.71% based on the highest stock price target, and up by 435.71% based on the lowest stock price target.

Can Dermata Therapeutics stock reach $2?

DRMA's average twelve months analyst stock price target of $6 supports the claim that Dermata Therapeutics can reach $2 in the near future.

What are Dermata Therapeutics's analysts' financial forecasts?

DRMA's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-8.783M (high $-8.783M, low $-8.783M), average SG&A $0 (high $0, low $0), and average EPS is $-7.79 (high $-7.79, low $-7.79).